09/25/2012
European banks have admitted they have a cost problem, and must now show skeptical investors they are doing all they can to lead a profitable life without the crutch of bloated jobs, bonuses and business lines.
09/24/2012
Chief Executive Stephen Hester had already axed 34,000 jobs since arriving at RBS in 2008.
09/18/2012
Standard Chartered has forecast a doubling in profits from its investment banking arm to more than $10bn within the next five years.
09/18/2012
UBS AG, Switzerland’s biggest bank, plans to cut about 80 to 90 jobs in its European investment- banking division as part of a global revamp, according to two people familiar with the matter.
09/18/2012
He added, in a report published last Friday, that headcount at the unit had decreased since the financial crisis.
09/18/2012
A survey of top investment bankers has found that "short-term performance" is their priority.
09/17/2012
He did say, however, banks in the United Kingdom, Germany and France were the most attractive.
09/16/2012
UBS could be better positioned in Latin America, but it is doing very well in Asia.
09/16/2012
Deutsche is cutting about a quarter of its total Dubai investment banking team.
09/12/2012
Credit Agricole expects the sale of its crisis-scarred Greek bank Emporiki to be signed within "weeks"
09/11/2012
Total assets up 13% owing to a significant increase in Leasing, Property and Trade Finance business.
09/10/2012
Analysts keen for growth strategy after retrenchment
09/10/2012
Inflows referred mainly to funds and SICAVs, with €78m compared to €35m in July.
09/06/2012
Zhang Xuguang, chairman of the China Development Bank Capital, meanwhile stressed that the bank is "confident about the growth potential of French companies despite the economic context".
09/06/2012
This "redenomination risk" is evident at Santander UK, Royal Bank of Scotland and Barclays, although much of it has been hedged, according to data published by the banks in response to the regulator's demands.
09/05/2012
Regulators have called for the introduction of rules along the lines of the U.S. "Glass-Steagall" law
09/05/2012
This is as serious as it gets. With Europe it’s easy to get complacent. We’re all a little desensitised to the European problem.
09/03/2012
US business magazine Fortune published in July its 2012 'Global 500' list, which ranks the world's largest corporations by revenue.
09/02/2012
Investment bankers say bids for Robeco are due by mid-September and a deal could be reached as early as October. Representatives for Rabobank and Robeco declined to comment.
08/28/2012
In the first six month of the current fiscal, Landesbank Baden-Württemberg and BayernLB have slashed their overseas exposure in North America, while reducing their non-domestic commitments in Western Europe, including in so-called "peripheral&am