02/23/2017
Barclays Said to Cut Investment Bank Bonus Pool for Third Year
The decrease would have been bigger if not for a drop in the pound that made paying U.S.-based employees more expensive.
Investment Banking
02/23/2017
Clearing houses top Bank of England’s agenda
Stress tests for clearing houses, which sit at the centre of huge webs of financial trades, are on the cards for 2017
02/23/2017
ING and Société Générale successfully use blockchain prototype for live oil trade
The test proved that there were significant speed, cost and risk benefits to be achieved.
02/23/2017
Barclays full-year profits almost treble to £3.2bn
We are now just months away from completing the restructuring of Barclays.
02/23/2017
Shrinking investment banks can’t make enough money
Margins are improving but jobs are going - because investment banks still don't cover their cost of capital
02/23/2017
Barclays reports surprise capital boost as legal costs loom
While Barclays profits were lower than expected
02/22/2017
Credit Suisse investment banking associate leaves to join Uber
Junior investment banking jobs are, of course, renowned for their relentless long hours and strict hierarchical working environment.
02/22/2017
Germany a favourite for Citi's Europe investment banking HQ
Citi will move several hundred jobs outside of London in the wake of Britain's decision to leave the European Union.
02/22/2017
Moody’s Changes Outlook for 14 Russian Banks to Stable From Negative
Has been changed to stable from negative amid the upgrade of Russia's sovereign debt rating.
02/22/2017
Clash of Russia State Bank Giants Deepens as VTB Arm Hires 7,000
The mass segment is often underestimated, but we think that it has high potential and that’s why we pay attention to working with the regions.
02/22/2017
Barclays seals divorce agreement with African subsidiary
Deal will set out terms of split with BAGL and could cost British bank £1bn
02/21/2017
US equity firm closes in on purchase of Portuguese bank
The negotiations have been conducted in secret.
02/21/2017
Royal Bank of Scotland shares jump as dividend hopes rise
It would be RBS’s first shareholder payout since it was bailed-out in 2008
02/21/2017
Struggling European banks see light at end of low-rates tunnel
But the policy has been politically divisive, prompting fierce criticism from famously thrifty Germans as the returns on savings in Europe’s biggest economy dwindled to nothing.
02/21/2017
HSBC's 2016 profit slumps 62 pct on writedowns
The private banking impairment charge mainly relates to its acquisition of Safra Republic Holdings in 1999.
02/21/2017
Crédit Agricole CIB Implements Orchestrade for Trading and Risk
Crédit Agricole CIB is the first major bank to replace its trading and risk legacy systems with Orchestrade.
02/20/2017
The Barclays plc analysts give Deutsche bank AG a €19.00 price target
S&P Global Inc. set a €19.00 target price on shares of Deutsche Bank AG and gave the company a neutral rating in a report on Tuesday.
02/20/2017
Bank of America planning to add 100 jobs to Irish operations
US banking giant set to expand key operations hub in Dublin
02/20/2017
A top Wall Street bank is looking for the next generation of dealmakers
The bank has historically been strong in Asia and in its home continent of Europe, but the US is a tough market to crack.
02/20/2017
UBS to Halt Pay Rises for Employees
UBS has withdrawn from bond trading in the last few years in a bid to concentrate their efforts on capital management.