09/05/2016
VTB’s CEO Says Bank Considers Buying Loans Made to India’s Essar
Essar Group has been pursuing divestments after earnings were hurt by falling commodity prices and weak demand.
Investment Banking
09/05/2016
Falling revenues put pressure on top investment banks
Top 12 institutions face calls for radical action to boost income
09/02/2016
Danish bank becomes second money manager to stop lending to Eskom
The government said last week that Zuma will lead a new panel to oversee all state-owned companies
09/01/2016
7 jobs banks really can’t fill now
There are some roles that banks can’t seem to fill – roles that have been open for months and months, even prior to the referendum…
09/01/2016
Less working class children getting the best investment banking jobs
In private equity, seven in 10 new hires over the past three years went to non-state schools.
08/31/2016
Credit Suisse chairman calls for time to complete turnaround
If multiple banks would join up, the resulting IT infrastructure organization could be sold in an IPO on the stock exchange.
08/31/2016
Barclays sells its Italian banking business to Mediobanca
The move is part of Barclay's strategy of focusing on its core UK and US banking operations by closing its hinterland businesses.
08/31/2016
Goodbody plots UK assault with new investment banking unit
A spokesman for Goodbody confirmed the contents of the email.
08/31/2016
Commerzbank, Deutsche Bank Shares Rise on Report of Potential Merger
Deutsche Bank CEO Cryan says a transaction is "probably not an option" for now, while stating that European banks must tie up.
08/31/2016
John Cryan's Five-Point Plan for Europe's Banks
Deutsche Bank is struggling with perilously low capital and a too-bulky and risky investment bank – similar problems facing Switzerland's Credit Suisse.
08/30/2016
Wall Street Giant Morgan Stanley Ditches European Buyouts
The Wall Street investment bank let go a number of its London-based executives last week, Sky News understands.
08/30/2016
Poland wants to steal Britain’s place at the heart of European finance
He is also reportedly meeting executives from investment funds, including Blackrock, Pimco, and Schroders.
08/30/2016
Co-op Bank closure remains on cards in review
Only this month Niall Booker, chief executive of the bank, said that the Co-op would…
08/29/2016
Romania wants to become member of the Asian Infrastructure Investment Bank
The bank is focusing on financing projects in power, transportation, and urban infrastructure in Asia.
08/29/2016
Deutsche Bank Sells Argentine Unit as Part of Overhaul Drive
The deal is expected to be closed in first half of 2017.
08/29/2016
Ameriabank receives STP Award 2015 for Quality Excellence from Germany’s Commerzbank
The German bank singles out its best partners across the world every year for this award. Quality and quantity of partner banks’ international transactions are taken into consideration.
08/26/2016
UBS trimming headcount in Paris by 15 jobs -source
The bank has restructured in recent years in France, including about 40 reductions in asset management last year.
08/25/2016
BNP backs role of sub-custodians
BNP Paribas has stressed the importance of the local expertise that a sub-custodian provides.
08/25/2016
FTSE-100 mining giant dumps City adviser
Rio Tinto has ditched Credit Suisse after being angered by work undertaken by the bank for rival miner Glencore, Sky News learns.
08/23/2016
Banks begin moving some operations out of Britain
ECB official warns on loss of EU ‘passporting’ rights for UK financial services