06/01/2018
ICICI Bank denies media report on sending its CEO on leave
The Mint daily earlier reported here that Kochhar has been asked to be on leave until a probe is over.
Investment Banking
05/31/2018
Nordic banks to explore common KYC joint venture
In recent years, compliance with requirements for processing customer data has become a critical component in fighting financial crime.
05/30/2018
Deutsche bank says Moscow restructuring done, no plans for new staff cuts
Borislav Ivanov was appointed Deutsche Bank’s Chief Country Officer for Russia in June last year, taking over from Annett Viehweg who left the bank after overseeing the Moscow operation’s restructuring.
05/30/2018
French Banking Giant Is Looking Like ‘the JPMorgan of Europe’
Low-drama BNP Paribas is making a big push abroad as its rivals struggle to rebound.
05/25/2018
Staying Connected
It is a node in a global network that spins data, information, and capital instantaneously across the planet.
05/25/2018
RBS unveils £1bn small business lending push Decision comes as bank seeks to defend dominant market position
The £1bn fund, which will be launched in the next few weeks, is designed to boost investment in manufacturing and technology.
05/24/2018
Intesa Sanpaolo and OurCrowd Launch International Alliance
Partnership with ISP’s Innovation Center will promote startup access to capital market
05/24/2018
Deutsche Bank plans 10,000 job cuts as investor pressure mounts
The measure was leaked ahead of Thursday's annual meeting as questions swirl about the future of board chairman Paul Achleitner.
05/23/2018
Deutsche Bank chairman under fresh investor pressure ahead of AGM
Move follows criticism of how Paul Achleitner handled exit of CEO John Cryan
05/23/2018
StanChart Says Focus Is on Strategy, Denting Merger Speculation
Said to be among many options ‘kicked around’ by Barclays
05/23/2018
Houlihan Lokey takes over BearTooth Advisors
The acquisition will lead to the creation of a new Private Funds Group, which will be a new service within the corporate finance arm of Houlihan Lokey.
05/22/2018
HSBC Securities Services global head Cian Burke dies in cycling accident
Industry veteran and GC Legend who had spent almost 25 years at HSBC dies in cycling accident.
05/21/2018
Investment banks line up rebound in revenues
Citigroup expects recovery from fall of about 15% in first 5 months of the year
05/18/2018
Goldman Sachs: Marcus Is Coming to Europe
European boss Richard Gnodde announced the bank's intention to roll out the online-platform «Marcus» in Germany, its third target market.
05/16/2018
The real reason analysts should still leave investment banks after just two years
Either way, other banks followed suit, and soon the “third-year analyst” became a somewhat uncommon job title. It's also become one you probably don't want on your resume.
05/15/2018
RBI reports consolidated profit of € 399 million for the first quarter of 2018
Profit before tax increases 60.3 per cent to € 529 million
05/15/2018
Credit Agricole Caught in Fixed-Income Slump Like Rivals
Revenue also suffered from the bank taking a more "selective" approach to employing its capital
05/14/2018
HSBC claims first trade-finance deal with blockchain
Bank says letter of credit for Cargill opens door for technology in $9tn market
05/14/2018
ABN Amro to close Dubai office amid thin business for Dutch lender
The bank plans to transfer some of its international commodities business clients to Amsterdam
05/13/2018
Deutsche Bank looks to remove investment unit underperformers
Group looks to follow in footsteps of Goldman as it vows to shake up the division