06/08/2021
Wall Streeters outpace Europeans back to office
Sidewalk-pounding bankers working at Wall Street firms might win more facetime with clients, and an even greater share of deals.
Investment Banking
06/04/2021
Deutsche tells US bankers they must be back in office by September 6
German lender joins European peers in taking more gradual approach than Wall Street rivals
05/25/2021
Deutsche Bank to relocate 100 bankers from London
Company accelerates overhaul of corporate bank after Brexit
05/17/2021
City bigwigs flock back to Europe as Covid speeds up Brexodus
The number of senior European bankers at major banks in London has plunged by almost a third since 2016, according to analysis by Financial News
05/13/2021
Orcel wields axe at Italy's UniCredit in opening act as CEO
UniCredit is struggling with profitability after Mustier, a veteran French banker, focused on repairing its balance sheet and replenishing capital reserves, while failing to land a mooted cross-border merger.
05/11/2021
SocGen to expand corporate banking after steep trading losses
The markets business, SocGen's one-time powerhouse, plunged the bank into its first annual loss in more than three decades after derivatives linked to dividends blew up at the onset of the pandemic.
05/11/2021
Group Medium-Term Strategy for Global Banking and Investor Solutions
Société Générale also intends to increase its ESG commitments
05/11/2021
UBS to pay analysts a $40k promotion bonus as junior talent war increases
The bonus is double some of its investment bank rivals
05/10/2021
US and Europe split on bringing bankers back to the office
Transatlantic rift opens over speed at which employees should return to their desks
05/10/2021
France's SocGen seeks to boost investment bank returns
The French bank said it targeted a return on normative equity of over 10% in its global banking and investors solutions businesses from 2023, up from 7% now.
05/07/2021
Credit Agricole Profit Rises on Provisions, Strong Trading
Credit Agricole shares rose as much as 1.3% in early Paris trading on Friday and were trading 0.6% higher as of 9:17 a.m. local time.
05/06/2021
Trading rebound boosts earnings at France's SocGen
"The equity businesses enjoyed their best quarter since 2015," SocGen said in a statement.
05/06/2021
Societe Generale cites ‘remarkable’ equity trading activity as it smashes expectations in the first quarter
Analysts were expecting a net income of 204 million euros.
05/05/2021
Goldman Sachs buys stake in Nordic IT company
Goldman Sachs has invested in Advania alongside Advania’s management, VIA equity, which first invested in the company in 2018, as well as various existing investors of the company.
04/30/2021
Business confidence hits two-and-a half-year high
Business confidence increased in eleven of the UK’s nations and regions
04/28/2021
Lloyds beats expectations and helps drive up the FTSE alongside WPP
The banking sector gave a welcome lift to equities in the UK and mainland Europe, driven by results from Lloyds and Deutsche Bank.
04/26/2021
Success of Crédit Agricole Italia’s voluntary public tender offer for all shares of Credito Valtellinese
Crédit Agricole Italia controls 91.17% of the share capital of CreVal
04/21/2021
Progeny continues expansion into Scotland
“It’s our continued commitment to this approach that has informed our decision to become part of Progeny."
04/19/2021
Harassment Allegations and Fear Haunt European Investment Bank
The bank says it’s focused on well-being.
04/16/2021
New UniCredit chief sees technology at core of every decision
“We need to increase our pace of digitalisation and adoption of new technologies. Technology will no longer be an afterthought"