Morgan Stanley executives are weighing several options to ... Possible scenarios include takeovers of regional lenders with ... Morgan Stanley, which already has nearly $36bn (€28.4bn) ... Last month, the bulge-bracket bank hired Cece Sutton,...
Deutsche Bank’s chief executive has said some operations ... Speaking to German newspaper Boersen-Zeitung at the weekend, ... Shareholder return on equity at Deutsche Bank has ... Since taking over as chief executive, Ackermann had ... Deutsche Bank has begun cutting jobs in its...
A group of Ireland’s top fund managers has ... The long-only institutional investors, which include the asset ... The move followed news last week that the...
Renaissance Capital has been appointed to co-manage the ... The Kazakh government said Rencap had been hired ... The DAF will provide support to Kazakhstan’s troubled ... Rencap and Samruk-Kaznya, which was set up recently ... The mandate comes just over two months after...
Citigroup will have to pay an annual cost ... Citigroup yesterday announced the terms of the US ... The bailout will cost the bank over $2bn ... This means that annual servicing costs have hit ... Preferred shares issued by Citigroup to the US ... These costs come on top of the $1.7bn...
Citigroup will have to pay an annual cost ... Citigroup yesterday announced the terms of the US ... In return for a $20bn capital injection in ... Preferred shares issued by Citigroup to the US ... This cost comes on top of the $1.7bn ... In January, a group of investors including the...
Landesbank Baden-Württemberg on Friday proposed “concrete merger talks” ... The potential deal could create one of the ... The move came after LBBW said that it...
The Basel Committee on Banking Supervision, the world’s ... The standard-setting committee hinted that banks would be ... The watchdog also signalled it might introduce regulations...
The Basel Committee on Banking Supervision, the world’s ... The standard-setting committee hinted that banks would be ... The watchdog also signalled it might introduce regulations...
The Russian government risks triggering a run on ... The Deposit Insurance Agency yesterday said it would ... This has led analysts at bank UniCredit to ... Rustam Botashev, an analyst at UniCredit in Moscow, ... Botashev warned that the DIA has sufficient funds ... The Russian authorities have previously said that not...
The Russian government risks triggering a run on ... The Deposit Insurance Agency yesterday said it would ... This has led analysts at bank UniCredit to ... Rustam Botashev, an analyst at UniCredit in Moscow, ... Botashev warned that the DIA has sufficient funds ... The Russian authorities have previously said that not...
The UK Government, which is underwriting HBOS's £8.4bn ... HBOS will pay a total of £155m in ... This is less than half the £262m paid ... The Treasury’s fee is lower than that paid ... The fee paid by Barclays to the Middle ... Barclays has come under fire from existing shareholders...
Dexia, a leading lender to local governments, on ... Meanwhile, Dexia unveiled a €1.5bn ($1.9bn) third-quarter loss, ... The Belgian-French financial-services company said it will sell ... As part of the deal, Dexia, which purchased...
The fees offered to sub-underwriters working on Santander’s ... Santander is paying bookrunners Bank of America, Credit ... Potential sub-underwriters of Santander's capital increase were originally ... Cutting back the fees paid to the sub-underwriters ... According to one senior capital markets source, the...
JP Morgan has closed its global proprietary trading ... In a memo sent out yesterday JP Morgan ... After what JP Morgan described as an “extraordinary ... According to a recruitment industry source with knowledge ... The decision to disband its proprietary trading business...
JP Morgan has closed its global proprietary trading ... In a memo sent out yesterday JP Morgan ... After what JP Morgan described as an “extraordinary ... The decision to disband its proprietary trading business ... JP Morgan’s reorganization of its proprietary trading business...
Jim Spowart, the Scottish financier who established HBOS’ ... Peter Mandelson, the business secretary, on Friday approved ... Spowart, who is working on the offer with ... Spowart said there was a 50% to 60% ... Meanwhile, Collins Stewart analyst Alex Potter has suggested...