02/28/2019
Scotiabank pulls in $2.25B in first quarter
In the same period a year ago, earnings included an accounting benefit of $150 million
Investment Banking
02/26/2019
StanChart's Hotly Awaited Review Gets Muted Response
Standard Chartered shares traded 2.8 percent lower by 10:35 a.m. in London trading.
02/24/2019
10 major banking trends you can expect to see in 2019
Open Banking regulations from Europe to Hong Kong, Australia, Singapore, and — soon — Canada are fragmenting traditional retail asset and liability gathering in most markets.
02/18/2019
Goldman will learn and rebound from 1MDB scandal: CEO
Solomon says bank will use 'different lens' when doing business in emerging markets
02/18/2019
US hedge fund reportedly dumps its entire stake in Barclays
According to Reuters, Bramson has in the past urged Barclays to reduce resources allocated to its investment units.
02/18/2019
Citigroup chief expects machines to replace thousands of call centre jobs
US bank can use tech to serve customers better and more cheaply, says Mike Corbat
02/11/2019
British and US Banks at loggerheads over ties with EU ahead of Brexit
While US banks want Britain to maintain the closest possible ties with the EU after Brexit, UK banks and insurers are anxious they don't become beholden to new laws made by Brussels
02/06/2019
2 Barclays Lawyers Killed in Avalanche
A former Ashurst associate and her colleague were among the victims.
02/06/2019
Goldman Plans Cuts in Commodities Trading as New CEO Digs In
Bank to pull back in metals trading with Chief Executive David Solomon looking for cost savings in other areas
02/04/2019
Goldman Sachs may yank top executives’ bonuses over 1MDB scandal
Case has left the storied US banking giant with a black eye
02/04/2019
Bonuses at US investment banks surge past European rivals
City investment bankers at Wall Street-headquartered companies are seeing their pay grow faster than peers at European banks
02/01/2019
US bank BNY Mellon lays off 300 in India
It had laid off 700 people towards the end of 2017.
01/30/2019
Barclays Named North America ABS House of the Year
The awards will be presented at the 2018 IFR Awards Dinner, taking place at Grosvenor House, London this evening.
01/24/2019
Beware the Global Policy Panic: Saxo Q1 Outlook
Last year was spectacular, starting with peak euphoria and ending with violent December drama of a type not witnessed since 1931.
01/14/2019
Citigroup is up first as big banks kick off fourth-quarter earnings season
Banks’ trading revenue is expected to be strong, but investment-banking fees may be lower, and trade and political tensions will have an effect
01/14/2019
Wells Fargo proves that big fines for banks don't work
The matter worsens and becomes exploitative when bankers employ a hard-sell of subpar internal products and deceptive sales practices designed to achieve their sales targets.
01/14/2019
MUFG Union buys investment bank with middle-market focus
“We are very pleased to welcome the Intrepid team,” said Tim Wennes, MUFG Union’s West Coast president.
01/09/2019
MUFG Union Bank Completes the Acquisition of Intrepid Investment Bankers to Expand its Middle Market Banking Services
The Commercial Banking business at MUFG Union Bank serves middle market clients on the West Coast.
01/07/2019
Bonus payments at US investment banks set to dwarf those at their European rivals once again
Jason Kennedy, of recruitment firm Kennedy Group, told the Daily Telegraph: ‘For years the Europeans have played in the second division while the Americans have been playing in the premier league.
12/31/2018
US banks to cut London-EU commuting support for staff after Brexit
Thousands of bank staff to move from London to Dublin, Paris and Frankfurt in early 2019