02/12/2013
SocGen Swings to Fourth Quarter Loss, Pledges Cost Savings
France's No. 2 listed bank racked up a quarterly net loss of 476 million euros
Investment Banking
02/12/2013
Japanese financial services firm in talks to buy Dutch asset manager Robeco
It is still under negotiations, still too early to talk about any detail that has been decided
02/12/2013
BNP Paribas seen posting 30 percent rise in fourth-quarter profits
BNP's management has said it is aiming to grow operations in the U.S. and Asia while cutting costs at its domestic retail operations.
02/10/2013
Cantor Fitzgerald buys Seymour Pierce out of administration
Seymour Pierce, one of London’s oldest brokers has been bought out of adminstration, after the 130-year-old business became the latest casualty of tough trading conditions for smaller firms.
02/10/2013
Commerzbank chairman fires warning shot at CEO over goals
"One thing is clear: if the board misses its targets without a convincing reason and fails to deliver the performance expected of it, then the supervisory board must act."
02/07/2013
Banca Generali posts net inflows of 207 mln euros in January
Italy's asset manager Banca Generali said its net inflows rose in January to 207 million euros
02/07/2013
Germany's Commerzbank, Thailand's Kasikornbank Sign Cooperation
MAIN FACTS
02/07/2013
American financial services group seeking to rescue Seymour Pierce
Seymour Pierce, which traces its name back to 1883, employs 80 people and is best known for advising on the sale of Premier League football clubs, including the 2003 acquisition of Chelsea by Roman Abramovich.
02/07/2013
Barclays defers investment bank bonuses
More than 1,000 investment bankers at Barclays have been told they will not receive up-front cash bonuses this year.
02/07/2013
BNP Paribas Securities Services opens new office in Dublin - centre of excellence for fund servicing
BNP Paribas Securities Services in Ireland has operated as a centre of excellence for the servicing of investment funds since 2001, offering a wide range of solutions including global custody and fund administration.
02/05/2013
RBS investment banking head to step down
The news comes as fines for RBS over Libor are set to be announced which could total half a billion pounds.
02/05/2013
Societe Generale Securities Services rated by Global Custodian
This annual survey is based on clients’ perceptions of their global custody providers.
02/05/2013
Handelsbanken lifts dividend as earnings rise
Summary January – December 2012, compared with January – December 2011
02/05/2013
Handelsbanken lifts dividend as earnings rise
Summary January – December 2012, compared with January – December 2011
02/05/2013
Handelsbanken focuses on the Netherlands
The Netherlands will also have the status of one of the Bank’s home markets, alongside Sweden, Norway, Denmark, Finland and the UK.
02/03/2013
Commerzbank Reports Quarterly Loss of 720 Million-Euro
Management already indicated at the investor’s day some deferred tax issues
02/03/2013
Societe Generale Securities Services wins 20 new mandates for its fund distribution services
Societe Generale Securities Services has won 20 new mandates in Europe for its fund distribution services since July 2012.
02/02/2013
RBS to claw back staff bonuses to pay Libor fines
The scandal has led to a purge of top staff at Barclays
02/02/2013
Credit Agricole says completed Emporiki sale
Credit Agricole, France's No. 3 bank, on Friday said it completed the sale of Greek bank
02/02/2013
Credit Agricole takes massive hit as banks struggle to move on
Banks across the world are cutting costs and selling off