03/12/2021
Move to acquire the remaining 50% stake in Exane follows BNP Paribas’ major deal with Deutsche Bank to take on its electronic equities and prime brokerage clients.
03/12/2021
The executives told employees that the pandemic had eroded the bank’s overall performance and, combined with the stark economic backdrop, meant it couldn’t pay more, said the people, declining to be named detailing a private call.
03/10/2021
Uncertainty as Citi, Barclays snipe unwanted employees
Barclays isn't the only bank judiciously trimming staff this week
03/09/2021
Investment banks are starting to make calls on whether to bring thousands of graduate recruits into the office this year
03/05/2021
The sweeping cuts cap a damaging year for Chief Executive Officer Frederic Oudea
03/02/2021
BBVA, the world’s best investment bank for sustainable finance
Global Finance has named BBVA the best investment bank for sustainable finance in the world, a global recognition of its constant efforts to offer its clients a wide range of investment banking products and solutions, and accompany them in their transitio
03/02/2021
Britain's big four banks amassed more than 200 billion pounds (US$277.52 billion) of new deposits last year as customers reined in spending through pandemic lockdowns, far outstripping extra lending to struggling businesses and households.
02/28/2021
Barclays set to shed investment bank offices
Chief executive wants to welcome staff back to the office, but wants a tenant for its investment banking hub
02/27/2021
The executives likely to move to new locations include Greg Guyett, co-head of global banking and markets, Nuno Matos, chief executive of wealth and personal banking, and Barry O’Byrne, chief executive of global commercial banking.
02/26/2021
Managers at HSBC communicate bonuses to staff between 23-26 February. Many in London who have been told their number said there was some disappointment
02/24/2021
2020 was a challenging year for everyone, but across the UK we saw people and communities come together to support each other and adapt to a completely new way of life.
02/22/2021
RBS International CEO Andrew McLaughlin (pictured) commented: “Colleagues across our six jurisdictions pulled out all the stops to support customers, each other and the community in an exceptional year.
02/22/2021
The bonus pool for 2020 stood at around £1.6 billion, up six percent.
02/19/2021
The EBRD’s new investment follows a record €893 million in financing to Turkish financial institutions in 2020 to support thousands of businesses across the country, providing the private sector with much-needed funds.
02/19/2021
Barclays warned that costs related to the pandemic will remain high throughout 2021, but that it expects loan loss charges to be “materially below” last year’s £4.8 billion hit.
02/16/2021
Bankers mull quitting as Brexit and Covid stress means ‘much longer hours’
More than 40% of senior City executives are considering quitting finance, according to an FN survey
02/14/2021
European Banks Use Pandemic to Clean House
Long resistant to change, Germany’s Commerzbank and others are slashing jobs, closing branches and forcing customers online
02/12/2021
The banking market is well on its way to change and the winners will be those who best can adapt to the new digital reality.
02/10/2021
We are therefore entering 2021 with confidence and determination with, as a priority, the execution of our strategic roadmap.
02/03/2021
In the same period last year, results included significant one-offs, such as gains related to the agreement it reached with Credit Agricole SA to combine their custody and asset-servicing operations.