10/31/2016
HSBC has 3,000 people working on innovation in the same London office as rock and roll mag NME
The office block is so attractive that it advertises itself for wedding hire.
Investment Banking
10/31/2016
Don’t get out that black suit just yet, European banking is not dead
Barclays meanwhile saw a 40 percent increase in revenues from bond trading.
10/30/2016
StanChart In Talks For Chinese Aviation Financing Venture - FT
Boeing Co, the US aircraft making giant, has forecast China's aviation industry will spend USD1.00 trillion on planes in the next two decades.
10/28/2016
ING says oil price drop offers chance to expand Middle East business
Company aims to tap business in areas like mergers and acquisitions, green finance and commodity, currency and interest rate hedging
10/28/2016
Barclays mulls Europe move after Brexit
The bank’s pre-tax profits rose 35 per cent in the third quarter
10/28/2016
Deutsche Bank surprises with a quarterly profit
Deutsche Bank delivered a surprise profit in the third quarter, but it is still being overshadowed by legal challenges in the US.
10/28/2016
Good Result And Solid Capital Generation
The Board of Directors of BNP Paribas met on 27 October 2016. The meeting was chaired by Jean Lemierre and the Board examined the Group’s results for the third quarter 2016.
10/28/2016
RBS admits Williams & Glyn deadline is now impossible
It must fully separate the business by the end of 2017.
10/28/2016
UBS profits rise despite 'risk averse' clients
Underlying macroeconomic uncertainty and geopolitical tensions continued to contribute to client risk aversion and generally low transaction volumes
10/27/2016
Deutsche Bank’s ETF unit bleeds $8bn this year
Outflows mount ahead of potential part sale of asset management division
10/27/2016
Majority in UAE feel more financial pressure than their parents
Over half believe that the previous generation had a better quality of life, while 19 per cent feel it is the same now as it was then.
10/27/2016
Lloyds confounds Brexit fears with steady performance
Lloyds' Chief Executive Officer Antonio Horta-Osório said that he had not seen much impact on consumer or corporate activity from Brexit
10/27/2016
Deutsche Bank Swings to Profit
German lender’s restructuring, litigation costs for third quarter were lower than expected
10/27/2016
Deutsche Bank swings to unexpected profit
Third quarter net income was EUR278 million, $303.1 million, beating analysts' average expectations
10/27/2016
Deutsche Bank should pay bonuses in risky Tier 1 bonds
Deutsche Bank's $US5.5 billion of AT1 notes have come under pressure this year as fixed-income investors fret about whether the relatively high yields compensate for the risk of losses.
10/27/2016
Barclays sets aside an extra £600m for PPI compensation claims
The banking industry's PPI bill already stands at more than £30 billion.
10/27/2016
Barclays - Bad bank continues to drag
Barclays shares rose 2.3% in early trading.
10/26/2016
Trading in Italian Bank Halted After Survival Plan Unveiled
The relaunch of the commercial business is based on the acceleration of the digitalization process and an higher focus on the Retail, Small Business and Affluent channels
10/26/2016
Quitting Europe will be bad for business, May told bankers before vote
She said that she hoped voters would look to a future of taking a lead in Europe, rather than looking to the past.
10/26/2016
Germany could boost EU investment and demand, says Draghi
The low interest rates of the Frankfurt bank have caused ructions in Germany