Investment Banking
International trade set to drive UK economic growth
02/22/2012
HSBC is playing its part in growing the UK economy, in 2011 UK exports rose 13% and over the same period our export related business grew 33%, within which trade finance lending underpinning exports grew 91%.
Nordea releases annual report
02/20/2012
Return on equity was around 11 per cent for 2011. Capital adequacy has increased during the year, and the core tier 1 capital ratio is over 11 per cent. The solid financial development has been important for Nordea's ability to maintain a strong fun
Spain moves to ease bank merger fears
02/17/2012
Banks in Spain, which have been encouraged by new legislation to swallow weaker rivals, will not be railroaded into “unnatural mergers” that would risk frightening international investors and draining foreign capital from the sector, the offic
RBS opens China Desk in London
02/17/2012
Building on the similar blueprint that RBS established with the launch of their UK-based India Desk earlier this year, the China desk will offer expertise and guidance across the market, including regulatory insight and product support.
Deutsche Bank narrows asset manager bidders
02/15/2012
Deutsche Bank has pared down the shortlist of potential investors vying to buy its asset management operations to fewer than 10, three sources close to the process said on Tuesday.
Banks Accept New Reality On Cash Payouts
02/14/2012
Barclays Capital said on Friday it would cap the cash element of bonuses at GBP65,000, while Deutsche Bank will cap cash bonuses at EUR100,000 and stock awards exercisable this year at EUR100,000. Morgan Stanley is capping cash bonuses at $125,000.
Deutsche Bank readies investment bank, regions revamp -sources
02/10/2012
Jain, the bank's 49-year-old India-born investment banking chief, and Fitschen, the 63-year-old German head of regional management, were expected to make senior appointments before a gathering of top managers in April, three people familiar with the
German bank defers bonuses
02/10/2012
Any staff with a bonus at or below the maximum would see half of it in cash, and half of it in equity shares that they can sell in August, the source said.
Barclays Seen Needing Deeper Cuts to Reach Profit Target
02/08/2012
Unlike his U.K. competitors Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc, Barclays Chief Executive Officer Robert Diamond has stuck to the 13 percent return on equity target he set for 2013 a year ago, even as the sovereign debt crisis a
Banks seek to slash Italy swaps portfolio
02/06/2012
The way Morgan Stanley pulled this off was arguably as significant as the end-result. Other banks have been forced to slash government bond portfolios or buy credit default swaps to shield themselves against Southern European countries.