12/09/2011
At least one—the Central Bank of Ireland—is evaluating whether it needs to secure additional access to printing presses in case it has to churn out new bank notes to support a reborn national currency, according to people familiar with the mat
12/09/2011
After getting stung by the U.S. financial crisis that accompanied the recent recession, companies are bracing for a possible worsening of Europe's debt crisis that could make it harder to borrow money.
12/09/2011
Stress tests by the European Banking Authority gave British lenders a clean bill of health but showed a shortfall on the Continent of €114.7billion (£97.8billion).
12/09/2011
Standard Chartered's corporate finance and wealth management divisions have been its weakest performers.
12/09/2011
Partner Barry Norris has introduced around 3 per cent exposure to Banca Intesa, BNP Paribas and UBS, which marks the fund’s first eurozone bank exposure in four years.
12/08/2011
There is looming recognition at 10 Downing Street that if the euro falls, Britain will sink along with everyone else.
12/08/2011
NAMA was set up as a “bad bank” in the midst of Ireland’s banking crisis to enable the country to create new banks unencumbered with toxic loans.
12/08/2011
Instead of reducing loans on their balance sheets, which could starve the wider economy of credit, they should build up their capital reserves, possibly by tapping shareholders, the FPC added.
12/07/2011
The resulting income erosion has prompted the government to tackle what it has called "debt slavery".
12/06/2011
The bank's former directors include Sir Tom McKillop, who was RBS's chairman, and Sir Fred Goodwin, who orchestrated its expansion as chief executive.
12/06/2011
The amount of the deal with Bank Republic was not disclosed
12/05/2011
For most front office bankers, bonuses are set to fall sharply and reward pools could shrink by up to 70 percent after a turbulent six months for markets.
12/05/2011
KPMG picked up the Audit Award of the Year for its work with a new client, with the judges recognising that the firm had provided “innovative ways of adding value” and done so quickly.
12/05/2011
Two other senior executives are left out
12/01/2011
While Deutsche Bank prefers to sell the division as a whole, the Frankfurt-based lender would also consider bids for parts of the unit, they said.
11/30/2011
HSBC had previously said it thought the levy would cost it about $600m in its first year, while Standard Chartered had estimated an impact of $190m.
11/29/2011
Los Angeles-based TCW, which had $114 billion in assets under management as of Sept. 30, may be valued at about $1 billion, one person said.
11/29/2011
The announcement came as French bank BNP was said to be considering selling a private-equity portfolio. This could be worth more than $700 million, according to the Financial Times .
11/29/2011
If correct, the estimate means that Europe faces a severe credit crunch even if its political elites agree to issue jointly guaranteed bonds and the ECB launches quantitative easing.
11/28/2011
European bonds slumped after Germany failed to draw bids for 35 percent of the offered amount at an auction of 10-year bunds this week, stoking concern the region’s debt crisis is infecting even the safest sovereign securities.