06/06/2013

Citi expands private equity services business into Luxembourg

Citi’s local Luxembourg team will serve its private equity clients, leveraging the bank’s existing global private equity expertise and delivering its established experience in Luxembourg depositary banking as well as local regulatory and compl

05/29/2013

UBS to Boost Base Salaries for Bankers, Traders

UBS is set to raise pay for investment bankers by an average 9 percent to entice staff into staying by lifting salaries to market rates, three sources familiar with the matter told Reuters on Thursday.

05/02/2013

BNP Paribas Profit Tumbles

BNP Paribas SA (BNP), France’s largest bank, reported a smaller decline in first-quarter profit than analysts estimated, helped by French and Belgian consumer banking.