07/23/2012
“We focused on the two areas of financial advisory and equity capital markets because those were areas that we saw as imminent needs of our customers,” Matthews said in a phone interview. “It was a nice dovetailing of interests and capab
07/22/2012
Dressed in a crisp grey morning suit, Rich Ricci was standing in the sunshine as he watched the horses below from the balcony of the glass-fronted corporate box.
07/19/2012
It is estimated around 4.8 million Lloyds customers will transfer to the Co-op along with up to 7,000 staff.
07/18/2012
The IMF said on Wednesday in a report on the euro area that banks in the bloc's third-largest economy should improve capital and liquidity by raising equity or selling non-core assets - not an easy task while investors shun Italian assets.
07/17/2012
Since the onset of the financial crisis in 2008, the fund selection process has become more rigorous, as bankers and clients ask for more details on selected investment vehicles as well as quick answers when things don’t go as expected, according to
07/17/2012
Wall Street bank's net profit for the three months to June was $962m (£612m), compared with over $1bn in the second quarter of 2011
07/17/2012
Summary January - June 2012, compared with January - June 2011
07/15/2012
In June Britain told banks to separate their domestic retail operations and gave savers a higher priority in the event lenders hit trouble under reforms aimed at safeguarding taxpayers.
07/15/2012
The regulator and its 70 staff, currently acts as an umbrella oversight body co-ordinating national watchdogs across the whole of the EU, not just the eurozone.
07/15/2012
Banks’ risks tied to those countries, as well as Italy, Ireland and Portugal, declined to $181 billion (Dh665 billion) in country-risk claims, according to a Hamilton Place Strategies LLC study to be released on Monday.
07/15/2012
Study claims public's demand for 24-hour access will make retail branches obsolete
07/15/2012
This, the cacophony argues, should either take the form of a full Glass-Steagall-style separation or the ring-fencing of the banks’ retail and small business banking arms to protect them from their nastier and larger investment banking cousins.
07/15/2012
"This is inevitable in a situation such as this – but it is simply speculation. In the face of that, it is important that you hear from us, on behalf of the Board, an unequivocal statement: our strategy and business model were right for Barclay
07/12/2012
In previous years, the investment banking category has included the heads of the corporate and investment banking arms of European banks, mainly because their group chief executives were included under the ‘chief executives’ category.
07/12/2012
In addition, lobbyists managed to end government plans to create a new watchdog to oversee the financial industry.
07/12/2012
In Britain during the early 19th century, paper money was not as we know it today – all reassuringly bearing the head of the Queen and the stamp of the Bank of England.
07/12/2012
The disaster that has emanated from JPMorgan’s chief investment office continues to grow.
07/11/2012
The US bank said in a filing on Monday that revenues in Europe for the six months to May 31 were $202.8m, down 15% on the $235m it made during the same time last year.
07/09/2012
Investment bankers in Europe are girding for a second wave of job cuts in less than a year after the euro area’s debt crisis drove fees from mergers and securities underwriting to a nine-year low.
07/08/2012
The appointments are part of group chief executive Jonathan Polin’s change management programme, and what is described as an acknowledgement of the pair’s contribution in the group’s restructure.