03/16/2017
Former Barclays bosses send pleas
Barclays was fined 50 million pounds by the UK Financial Conduct Authority for failing to adequately disclose the Qatar payments
Investment Banking
03/16/2017
Lloyds Poised to Grow Investment Banking, If Not by That Name
And the head of the operation, Andrew Bester, said his unit could grow if client demand increases as other banks in the region scale back.
03/16/2017
Poland Aims to Be Winner in Brexit Battle for Banking Jobs
We are talking with banks, insurance institutions and investment funds who want to move their middle office abroad.
03/16/2017
Nordea Hunts for Talent to Keep Up With Asset Management Growth
Asset Management unit plans to boost hiring by up to 15%
03/15/2017
Barclays completes sale of Italian Non-Core Loans
Barclays' residual mortgage portfolio and other Non-Core loans in Italy will remain part of Barclays Non-Core.
03/15/2017
Saxo Bank changes volumes reporting methodology adding multi asset classes
It seems as though Saxo Bank has indeed been somewhat successful at growing its non-FX businesses over the past year.
03/15/2017
Japan Banks Seek New Home After Brexit
Japanese banks and brokerages employ thousands in London and are closely watching developments over the terms of Brexit to determine whether to move employees and where to station them.
03/15/2017
Bank of France profit jumps 58 percent on ECB-buying boost
The balance sheet increase was done with high quality assets.
03/15/2017
Bank Audi Egypt signs MOU with European Investment Bank for $30m loan
Flotation boosts Bank Audi Egypt profits to EGP 1.88bn at the end of 2016
03/15/2017
JP Morgan’s investment bankers ride high on UK hat-trick
M&A mandates from Wood Group, Aberdeen Asset Management and Booker have given the bank a bumper start to the year in the UK
03/14/2017
Siemens Gets Banking Licence
Siemens Bank’s clients primarily include companies, special purpose entities and public-sector debtors.
03/14/2017
Nordea could move headquarters out of Sweden
It would raise the fee banks pay to the resolution fund money that is available to bail out failing banks.
03/14/2017
Non-bonuses paid, people are leaving Deutsche Bank
Deutsche is also paying retention bonuses to a small number of the staff it values the most.
03/14/2017
Revealed: Deutsche Bank swipes another chunk from bonus pots, having already trimmed payouts for one in four staff
The bank announced in January it would be canning individual bonuses this year for anybody with the words vice president, director or managing director in their job title, which is roughly 25 per cent of its 100,000 workers.
03/14/2017
Bank of America likely to locate in Dublin post Brexit
Bank could move jobs to other European cities if UK loses easy access to single market
03/14/2017
Investment banking comes with a health warning
BSB study of 28,000 finance staff shows that many feel their work hurts their health and wellbeing
03/14/2017
Rainmakers put to work on Wood Group/Amec deal
Goldman's co-head of Emea investment banking and BAML's vice-chairman of CIB in Europe are among those involved in the £2bn deal
03/13/2017
Barclays sets up unit to spice up IB returns
The unit would help the international arm deploy its risk-weighted assets and manage its balance sheet.
03/13/2017
May to Call on Brussels to Return $10.95Bln Held by EU Investment Bank
The United Kingdom held a referendum last June and decided to leave the European Union.
03/13/2017
JP Morgan eyes Dublin expansion
A JP Morgan expansion would represent a fillip for the Irish authorities as they seek to pitch for a share of financial services jobs that are being transferred out of the UK ahead of its exit from the European Union.