08/26/2012

UK investment bankers prefer Singapore

Of the 462 investment bankers that were asked, 31 per cent said they would most like to work in Singapore. By comparison, only a fifth preferred New York and only 19 per cent opted in favour of London.

08/15/2012

Kazkommertsbank closes London office

The representative office of the bank in London was opened in 1997 to maintain business relationships with commercial banks, international financial institutions and government authorities.

08/14/2012

Libor’s Risks Emerged From Clubby London Banking Culture

In recent months it has become clear that many bankers misreported rates, either to benefit trading positions or provide a false picture of stability to regulators, undercutting the market function Libor was meant to perform.

08/09/2012

Whale's Tail Hits Bank on Buyback

The developments came as the New York company tried to unwind a series of problematic positions taken by a trader in the bank's Chief Investment Office nicknamed the "London Whale" for his outsize market bets.

08/08/2012

ING sees quick sales in Asian insurance break-up

ING is also preparing to list its European and U.S. insurance units on stock markets as part of the restructuring that will break apart its once fashionable bancassurer business model.