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
Investment Banking
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
05/09/2018
Barclays vs Deutsche Bank: A tale of two mediocrities
The UK and German institutions have had similar battles to fight, but it is Deutsche that has fared worse
05/08/2018
Macquarie axes analysts amid MiFID II shake-up
'Handful' of job losses
05/07/2018
Rivals to pounce on Deutsche staff in Frankfurt ahead of Brexit
Headhunters expect US institutions building up because of Brexit to seize on German lender's troubles
05/04/2018
BNP Paribas announces a double-digit fall in net income
This was down from 1.89 billion euros a year ago but was in line with analyst estimates of 1.55 billion euros, according to a Reuters poll.
05/04/2018
HSBC's $2 billion buyback fails to cheer investors as spending surges
The bank’s shares fell 2.5 percent in London by 0750 GMT, in a sign of immediate investor scepticism that the bank’s new investments will pay off after years spent focusing on cutting unprofitable parts of the business.
05/03/2018
Société Générale launches range of leveraged ETPs
In response to investor demand
05/02/2018
RBS to cut 792 jobs, close 162 branches in Williams & Glyn cull
We realize this is difficult news for our colleagues and we are doing everything we can to support those affected.
04/27/2018
Challenger Bank Starling aiming to be in 10 countries across Europe by 2022
Discussing growth plans Boden says Ireland is next on the list and she'd like to be in 10 European countries by around 2022.
04/27/2018
An annuity is a very serious business
The other side of the current life insurance market though is managing the legacy of past promises.
04/26/2018
Lloyds announces profits rise in spite of extra PPI costs
We have made a strong start to 2018 and have begun implementing the strategic initiatives
04/25/2018
Natixis to open new Madrid headquarters for Spanish businesses
Natixis is to open a new office in Madrid on 30 April, bringing its various Spanish businesses under one roof, together with fellow Groupe BPCE subsidiary Pramex.
04/25/2018
Handelsbanken profit dips as expenses rise
Handelsbanken’s Interim Report january – march 2018
04/25/2018
Edward Bramson’s activist fund boosts interest in Barclays
Mr Bramson, who was born in London but moved to New York more than 30 years ago
04/25/2018
Metro Bank shares slump on concerns further capital raise needed
Metro’s targets are too high and the question is can they deliver sufficiently profitable growth.