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
Investment Banking
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
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.