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Intesa Sanpaolo Invests £40 Million into Thought Machine and Selects Vault to Power New Digital Banking Platform

Intesa Sanpaolo has selected Thought Machine’s core banking engine

Agricole beats profit target a year early

Prudent provisioning of performing loans maintained against a backdrop of macro uncertainties.

Exclusive Financial Advisor to BDB on its sale to Brown & Brown

This follows Oppenheimer advising Agora Syndicate on the completed sale to IQUW, owned by Aquiline and Abry Partners.

ABN Amro Profit Tops Estimates

We have resumed dividend payments and announced an inaugural share buyback programme as we are committed to returning capital to our shareholders.

Banks expect ECB rate at 0% by year-end after hawkish turn

The updated calls brought banks somewhat more in line with market pricing.

Nordea expects higher 2022 costs but better profitability

The Helsinki-based bank is now aiming for a return on equity above 13% for 2025

Equity research recovers from MiFID — but isn’t out of danger yet

Headcount is rising again, but a market downturn could quickly stop the recovery

Citi plans £100m revamp of Canary Wharf tower

Three-year project described as vote of confidence in the City of London and the future of the office

Deutsche Bank Weighs 15% Increase to Bonus Pool Amid Talent War

German lender’s bonus pool set to be highest in four years

Deutsche Bank expected to break profit run in fourth quarter

Analysts are forecasting full-year net profits for 2022 and 2023

Citi ties more banker bonuses to longer-term risk taking

More senior bankers are getting paid most of their bonus in deferred stock

Scottish National Investment Bank ‘needs private cash to top up £2bn funds’

The bank is owned by the Scottish government but is run at arm’s length from parliament.

JPMorgan merges EU operations into single German business

Channelling most of its EU business through a single entity will make it cheaper for JPMorgan to operate

M&A outlook strong as investment banks complete merger

Looking ahead at the M&A market, Adams said there has been positive momentum with tech being the big beneficiary.

UniCredit S p A : EIF and UniCredit to provide €1 billion for SMEs in Bulgaria, Slovakia, Slovenia and Croatia

The loans will be available to SMEs operating in the sectors of economy hardest hit by the pandemic and accelerate the recovery of national economies.

Princess Maria Laura of Belgium set to wed British investment banker

Royal, 33, who lives in London, sported a black floral dress as she showed off a dazzling ring in engagement photos which have been released by the Palace

Russia-based Sinara Investment Bank becomes member of ISDA

ISDA membership will allow Sinara to further expand its relationship with international banks and partners, as well as to build risk management tools in line with the current market trends.

BNP Paribas lays down markers of its investment banking ambitions

Long in the shadow of rivals, the French bank is trying to lure dealmakers and expand in equities

Banks halt Brexit relocations as European hiring seen ‘rapidly’ ramping up next year

There were 5,000 new Brexit-linked financial services hires since the 2016 referendum, 2,800 of which were on the Continent

Deutsche Bank and Barclays bonuses - good but not great

At Deutsche, there is apparently "discussion" of a 20% increase for people in the investment banking division, although "a more muted increase" is also under consideration.

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