11/29/2012
Barclays could ax as many as 3,500 investment bank staff and cut its advisory or equities operations in Asia as part of a broader strategic review aimed at fixing the bank's culture in the wake of the financial crisis.
11/28/2012
ICBC has always attached great importance to the Spanish market, said ICBC Vice-President Wang Xiquan at the opening ceremony of the Barcelona branch.
11/28/2012
The Bank of the Year award is already the fourth decoration RBI received for its strategic positioning, its performance and its excellent service for private and corporate customers in CEE so far this year.
11/25/2012
“The recently announced reorganization, including integration of asset management into private banking, should also allow for additional cost savings over and above the 4 billion francs target,” Citigroup analysts, including Kinner Lakhani, sa
11/21/2012
The Zurich-based bank will need time to show progress because it won’t be hiring expensive teams from rivals or using its balance sheet to win more business
11/21/2012
"Given that we have few speculative activities, if we have to put a tiny bit into a separate entity with more capital... we will adapt," he told journalists at a media event on Wednesday.
11/19/2012
The positive performance follows two quarters of outflows for the Italian industry.
11/19/2012
Investment managers have been criticised by investors and regulators for using brokers who provide research to conduct trades on behalf of clients.
11/19/2012
Britain's banks should be forced to fully separate their retail arms from investment banking operations if they try to dodge new rules designed to protect the taxpayer, a top regulator has warned.
11/14/2012
Bank Pekao, which belongs to the Italian UniCredit, posted zł.798 million in net profit for the third quarter,
11/13/2012
Net income was 335 million euros ($425 million) compared with a net loss of 10.6 billion euros in the third quarter
11/12/2012
Stock market speculators nearly brought down HBOS in March 2008
11/11/2012
Credit Suisse AG (CS) stands by its investment bank, the bank's chairman said in a newspaper interview Friday.
11/11/2012
RBS Chief Executive Stephen Hester asked UBS to assess a number of options as to what to do with the parcel of assets, which must be sold by December 2013 in accordance with a European competition ruling, the report added.
11/08/2012
French bank Societe Generale SA said it remained committed to its investment banking unit in the long term, weeks after Swiss rival UBS AG announced plans to drastically cut the size of its investment bank, eliminating over a dozen lines of business and
11/08/2012
These writedowns plus profit declines in French retail banking
11/08/2012
Net income rose to 291 million euros ($372 million) from 20 million euros a year earlier, when the insurer booked 289 million euros of writedowns.
11/07/2012
Belgium will inject €2.92bn, or 53% of the total, with France providing the remaining €2.59bn
11/06/2012
BNP Paribas doubled third-quarter net profit on the back of a bond-trading rebound and a drop in euro zone losses, helping it meet balance-sheet targets ahead of schedule despite the economic slowdown.
11/06/2012
The equity derivatives floor at the state-backed bank is this week facing substantial job cuts as part of the merger between the derivatives business and the investor products side of the investment bank.