01/16/2017

US banks’ profits leave European rivals in the shade

This week quarterly figures from Morgan Stanley, Goldman Sachs and Citigroup are expected to confirm a revival in the US banks’ trading units, spurred by hopes of higher growth, lower taxes and lighter regulation under the incoming Donald Trump admi

01/13/2017

No hiding place for Europe’s elite investment bank

European investment banks are running out of excuses. The legacy issues that have dogged them since 2008 are finally coming to an end, meaning they can now devote all their energies to fighting back against their US rivals, which have gained a bigger slic