12/27/2018
Japan's Daiwa Securities eyes Italian return with M&A advisory office
Last week, Daiwa announced the acquisition of boutique Spanish investment bank Montalban Atlas Capital for an undisclosed sum.
Investment Banking
12/27/2018
Russia's VTB Capital cuts gold exports due to higher demand from c.bank
VTB Capital bought more than 80 T of gold in Russia in 2018
12/24/2018
RBS applies for a German banking licence - FT
The new unit will have the responsibility of processing and settling euro-denominated payments, managing euro liquidity and offering loans to large German clients along with attracting their deposits, the FT reported.
12/20/2018
Paris launch for Manchester investment bank
The French arm will be led by Hugues Archambault who joins GCA Altium with over 20 years of experience in investment banking and M&A
12/20/2018
SocGen agrees to sell Serbian unit to Hungary's OTP Bank
The sale will nevertheless have a positive effect on the French bank’s solvency ratio.
12/19/2018
Investment Banker Exodus Hits Deutsche Bank in Hong Kong, Singapore
About 50 bankers have left in H.K., Singapore since May
12/19/2018
Santander reveals how it won't repeat probate mistakes
Santander also claimed the majority of funds in deceased customers’ accounts had now been transferred to their rightful beneficiaries, with compensatory interest "where appropriate".
12/18/2018
Deutsche slips to 10-year low in dealmaking league table
Once Europe's dealmaking powerhouse, Deutsche slips out of top four after a tumultuous year
12/18/2018
Saxo Bank to buy Dutch online lender
It’s an arms race developing unique technology, better mobile platforms, and cheaper and more diverse products
12/17/2018
Intesa has no asset management partnership in immediate sight: CEO
Presenting its new business plan in February, Intesa had said it wanted to find an asset management partner as soon as possible.a
12/17/2018
Deutsche bonuses evaporate as bank shares tank
Payment was set up in 2017 to retain disillusioned staff and was linked to ambitious targets for lender's share price
12/14/2018
Morgan Stanley to Shutter Russian FX and Equities Trading Desks
US sanctions are the likely reason behind the American firm's decision.
12/14/2018
Nordea bids to strengthen risk and compliance units
Two roles in Group Executive Management will be changed.
12/14/2018
Bank of the Year: JP Morgan
For a time, it seemed as if Goldman (and Morgan Stanley) were on the right side of the argument; and that JP Morgan (and to an even greater extent Citigroup) were on the wrong side.
12/13/2018
Barclays to double Irish workforce to 300 by end of 2019
Barclays Bank Ireland has been operating in Ireland for 40 years.
12/13/2018
Societe Generale wins securities services mandate from sustainability-focused US asset manager
French custodian bank continues streak of mandate wins with latest custody and fund admin deal.
12/11/2018
A Win-Win: How Saxo Bank's Open Approach To Investing Duly Delivered
The bank now has 120 partnerships with other financial institutions across the globe, including 20 firms that use Open APIs to trade data with Saxo.
12/11/2018
Société Générale to set up Brexit clearing hedge in Paris
Last month the governor of the Bank de France called on Paris to develop more clearing services for euro-denominated swaps. London handles the vast majority of the business in Europe.
12/11/2018
Deutsche Bank needs a bold and swift restructuring
Germany’s old national champion is looking systemically dangerous
12/10/2018
Danske Bank elects new chairman to steer bank through crisis
The composition of the Board’s committees will be announced as soon as possible at danskebank.com under Corporate Governance.