02/26/2014
Britain's central bank set lighter conditions on Wednesday for branches of Chinese and other non-European investment banks as part of efforts to bolster London's role as a financial centre.
02/24/2014
BNP Paribas Investment Partners is among a new breed of managers seeking to break into the UK fiduciary market as a glut of mandates falls due.
02/17/2014
Lloyds Banking Group Plc is in talks with Britain’s Prudential Regulation Authority over “ringfencing” rules in an attempt to save its investment banking functions
02/14/2014
Since the credit crunch, investment banks have been berated by politicians, regulators and the media.
02/13/2014
Deutsche Bank Managed Fund Nears Deal to Sell Housing Unit
A Deutsche Bank AG managed fund has confirmed it will sell a housing portfolio valued at 1 billion euro to Austria's Immofinanz AG, which will then float the unit on Frankfurt's stock market by end-March
02/12/2014
French bank Société Générale SA said Wednesday it repaid the cheap funds it borrowed from the European Central Bank two years ago in a further sign that financial markets are returning to health, as it swung to profit in the f
02/11/2014
Commerzbank probably won’t decide whether to sell or wind down the loans before the middle of the year, said one of the people.
02/10/2014
UBS has placed greater emphasis on its pension risk management business by segmenting it from asset management to become a separate department
02/07/2014
Barclays is poised to defy calls for pay restraint by lifting staff bonuses by at least 10 per cent despite an expected slide in profits
02/06/2014
Barclays is to cut up to 400 jobs from its investment banking arm as part of a restructuring programme.
02/05/2014
Dutch lender selling assets to boost capital, is exploring a sale of its U.S. retail bank or other American operations
02/05/2014
Exane BNP Paribas Is Biggest Upward Mover in Annual Ranking of Sell-Side Analysts
02/05/2014
Investment bankers in Europe are off to the leanest start to a year in a decade as dwindling income from deal-making and trading presses firms to reduce costs.
02/04/2014
M&M will be a highly specialized niche financial institution focused on the maritime and offshore industries
02/04/2014
It comes as competitors such as UBS, Credit Suisse, Barclays and Deutsche Bank are reducing staff and capital in their fixed income units in an effort to cope with falling revenues, stricter capital rules and a costly move towards electronic trading.
02/03/2014
This launch allows BNP Paribas’ asset manager and asset owner clients with funds domiciled in Switzerland to benefit from the banks’ established, pan-European expertise in depositary services such as cash monitoring, oversight and safekeeping
02/03/2014
Lenders will be able to ask national regulators to exempt staff earning as much as 1 million euros
01/30/2014
Barclays bank plans to downsize worldwide and its two branches in Cyprus are also affected with only about 20 out of about 45 employees keeping their jobs.
01/30/2014
U.K. Approves Complex New Pay Structure as Others Scramble for Ways to Maintain Compensation Levels
01/30/2014
Barclays announced to the stock exchange yesterday that its full-year results would show £330m allocated for litigation and regulatory penalties.