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.
Investment Banking
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
05/11/2018
At Deutsche Bank's U.S. Unit, Anxiety Grows Before Ax Falls
The company’s April 26 announcement that it will probably shrink global equities trading, and in America scale back rates and corporate financing businesses, should’ve provided staff some clarity.
05/11/2018
Citigroup’s EU bank in Dublin profits drop 30% in 2017
Reduction in profits partly result of rise in Citibank Europe loan impairment losses
05/11/2018
Intesa Sanpaolo CEO opens the door to new deals, hopes to thrive in Europe
Carlo Messina, chief executive officer at Intesa Sanpaolo told CNBC on Thursday that he is looking at potential new partners to scale up the business.
05/10/2018
RBS agrees £3.6bn US settlement in ‘milestone’ deal
The penalty with the US Department of Justice ends a long-running probe and paves the way for the Government to sell down its 72% stake.
05/09/2018
Deutsche Bank Denies Planning to Cut U.S. Workforce by 20 Percent
Germany's flagship lender was expected to cut about 1,000 jobs, or 10 percent of its staff in the United States