11/28/2018
Morgan Stanley begins moving investment bankers to Frankfurt
Bank has initial plans to base around 50 staff in the German city because of Brexit
Investment Banking
11/28/2018
Deutsche Bank reportedly considers ousting two senior managers amid continued woes
Sylvie Matherat and Tom Patrick are two managers who may be swept aside in the latest overhaul.
11/27/2018
Best Banks Awards: UBS
UBS has been voted the winner of the Best Bank for Swiss Franc category at the 2018 FX Week Best Banks Awards
11/23/2018
Goldman Sachs offers London staff emergency nannies
Subsidised care is part of the bank’s attempt to cut its 55% gender pay gap
11/22/2018
DWS equities manager has change of heart over exit
Fund manager's German equities star Tim Albrecht decides to stay after change of leadership
11/16/2018
HSBC and China’s sovereign-wealth fund plan £1bn UK investment
Fund to invest in British companies with Chinese links
11/15/2018
Rothschild on track for advisory record but notes M&A slowdown
The UK investment bank reported global advisory revenues of €296m for the third quarter
11/12/2018
Lloyds claims advice gap prompted push into advice
The business will launch by the middle of 2019 and will see Lloyds transfer some £13bn of assets and associated advisers from its existing wealth management business to the joint venture.
11/07/2018
Credit Agricole says on track after Q3 gains
Kepler Cheuvreux analysts expect Credit Agricole to reach its 2019 net profit target this year.
11/07/2018
Chinese bank shrinks in London after £9m loss
Haitong's London operation, formed three years ago, has struggled to establish a sustainable business
11/07/2018
Stifel to Acquire German Brokerage MainFirst Bank in Preparation for Brexit
The deal will see the equity research unit of MainFirst combining with Stifel’s presence in the UK market.
11/06/2018
Lloyds Bank 'to cut 6,000 jobs but create 8,000 new ones'
Lloyds has been shutting High Street outlets as more customers do their banking through apps or on the internet.
11/06/2018
SocGen to sell Polish arm to Millennium
The closing of the transaction is expected to take place in the first half of 2019, said SocGen.
11/05/2018
JPMorgan Spreads Its Urban Development Money to Paris
The area was in the center of the riots that devastated suburbs all over France a decade ago.
10/30/2018
Deutsche Bank Is Doing Just Fine, Says Its Top Investment Banker
Garth Ritchie says lender competitive, gaining some share
10/30/2018
Goldman and JPMorgan hit pause on intern recruiting ‘madness’
A push in recent years to move up application deadlines isn’t bringing in the kinds of candidates the banks need
10/30/2018
Analysts Upgrade HSBC Bank
Analysts have upgraded HSBC to £8.80 per share from £7.04. The bank is currently trading at £6.34 making it undervalued
10/29/2018
Barclays scoops the Scottish Financial Services Award
This year’s Rising Star Award was collected by Alex McCutcheon of Sopra Steria for “fostering digital talent and supporting fellow young professionals”.
10/26/2018
UBS 3Q profit boosted by investment banking
UBS reported $1.25 billion in net profit, beating estimates.
10/26/2018
Norway's Biggest Bank Falls as Profit From Trading Slides
A strong economy boosted by rising oil prices helped the bank increase lending to both households and businesses.