06/27/2018
BofA starts trading operation shift from London to Paris
US bank says three senior executives will move to French capital next year
Investment Banking
06/25/2018
Denmark's new business minister talks tough on Danske Bank scandal
Danske Bank has launched its own investigation into the Estonia case and will present its findings in the autumn.
06/21/2018
Deutsche Bank to pay US$205 million to settle NY currency rigging charges
Deutsche Bank AG has agreed to pay a fine of US$205 million for violations of New York's banking laws, the state's department of financial Services said on Wednesday.
06/19/2018
UK banks are increasingly closing branches
This means many consumers are now unable to access many services unless they do so online.
06/18/2018
The unsettling return of bullish investment banks
Does being back to pre-crisis levels of profit signal a cyclical top?
06/15/2018
StanChart to set up new global business services hub in Warsaw
Wall Street banks Goldman Sachs and JP Morgan have said they are also planning to increase their presence there.
06/15/2018
British Business Bank sets up £2.5bn fund for ‘unicorn’ firms
UK government says the private sector will bring in another £5bn in investments
06/15/2018
Barclays is hiring investment bankers to cover Europe, from London
Barclays has 10 offices in EMEA, located in Paris, Frankfurt, Madrid, Lisbon, Milan, Zurich, Dublin, Amsterdam, Stockholm and Tel Aviv. Nonetheless, all but one of the new hires are based in London.
06/14/2018
Credit Suisse Is Said to Cut Senior Investment-Banking Jobs
The cuts have mostly been focused on London, the people said.
06/14/2018
Deutsche Bank Launches eVault Technology to Power Paperless Solution
The repository system relies upon digital tamper-proof seals and has an audit trail that ensures compliance and provides detailed reporting.
06/14/2018
ABN Amro's German Bank Boosts Client Assets While Cutting Jobs
"In times of low interest rates, many customers are interested in finding additional sources of return," Hanegraaf said
06/13/2018
Deutsche Bank CEO says Europe must create conditions for banking consolidation
Christian Sewing, the new CEO of Germany’s largest bank, said that the German and European markets were too fragmented, with disparate rules on insolvency, consumer protection, and mortgage securities.
06/13/2018
Morgan Stanley moves funds to Dublin as 500 London jobs go
It’s big, it’s meaningful, but it’s not life changing
06/13/2018
Senior investment bankers dumped as 2018 turns sour
Action is now needed
06/12/2018
Citigroup warns banking jobs could be replaced by machines
It was a view supported by comments by Barclays investment bank boss Tim Throsby.
06/12/2018
HSBC Malta appears safe as group CEO puts bank in 'growth mode'
No mention of smaller operations as John Flint lays out strategy to 2020
06/08/2018
Bank of America raises planned Paris job moves before Brexit
Bank of America's Chief Operating Officer Tom Montag said in November that about 200 people in sales and trading would move to the European Union and to Paris in particular.
06/08/2018
Natixis to close commodity trade finance desks in Geneva and Dubai
Natixis will refocus its Energy & Natural Resources EMEA CTF activities in Paris on mid-and-large size Commodity Trade Finance clients. These adjustments will have a marginal impact on its activities
06/07/2018
Deutsche Bank close to completing investment banking cuts
German bank's finance chief struck an upbeat tone on the future of the institution at a conference in Frankfurt
06/07/2018
JPMorgan sees a busy season for London IPOs out of Africa
JPMorgan has seen interest from at least six companies considering dual listings