Not since the Argonauts has the challenge of steering between two dangers been so great: for the Fed (inflation vs.
Standard Bank is cultivating alliances in a strategy of expanding outside South Africa.
Book review: Too big to fail, Andrew Ross Sorkin
Macau has plenty to celebrate: gambling revenues are up, conference business is growing and investors have piled into a pair of high-profile IPOs.
Contingent convertible capital could be the new vogue in bank funding.
When Lehman Brothers went bankrupt, hedge funds rushed to transfer assets from stricken prime brokers to the safety of custodians.
What a paradox: Bernanke’s exit strategy with its “reverse repo” plan, now under test, seems deliberately designed to discourage bank lending and prolong the period of mediocre growth.
Capital markets business is booming; But bankers fear pressure of public opinion
ING chief executive Jan Hommen may have hoped that by agreeing to sell off the insurance business he could keep the EU at bay, but this was not to be the case.
Full merger plans become two subsidiaries; Alliance prevents sale of stake in MS for now.
Reluctant investors under pressure to buy, while bookrunners await fee bonanza; Analysts say extra capital will not solve banks’ inherent problems
John Havens now leads a corporate and investment bank that has defeated the efforts of nine eminent bankers to forge its promising but disparate businesses into a true global industry leader.
ING’s European Commission-enforced restructuring is rather different to the continuation of strategy that the bank is trying to claim.
Focus returns to core investment banking; Bajpai claims synergies from merger
Assailed on all sides for preparing to pay huge bonuses from a financial market kept alive by systemic government support, Lloyd Blankfein is having to fight Goldman’s corner almost as fiercely as when the crisis was at its worst.
Talk to investors in financial stocks for background on profiles of Citi and Goldman Sachs and they assume Euromoney is working up a simple comparison between the biggest loser and the biggest winner in investment banking from the near collapse of the financial system.
While most have spent the past two years hunkering down, Standard Chartered has used the financial crisis as an opportunity to grow its wholesale business.
From the ruins of a failed, large investment bank, Vikram Pandit and John Havens are trying to build the foundations of a much better, smaller one.
JPMorgan buys outstanding 50% share of UK broker ; Price paid implies each Cazenove banker is worth £3 million
Bullish outlook on the economy; Credit growth could reach 20%
It’s the year that just keeps giving for fixed-income traders.
Bond exchange sees strong take-up; Investors had little choice but to buy rights issue
A glut of IPOs and bank capital demands means treasurers and investors alike need to steer carefully in giddy Asia.
Business could win from others’ vulnerability; Reputational damage will be tough to repair
Compensation could become a sore point if 2010 fails to turn into the FICC bonanza many bank heads seem to be expecting.
Dubai World’s restructuring shows investors cannot make any easy assumptions when it comes to quasi-sovereign debt.
The US authorities’ approach to curbing bankers’ remuneration is ill-judged and inequitable.
The Asian state’s leaders should be wary of the impact of international scrutiny on its private banking industry.
HSBC loses ground; Banamex perplexes rivals
"Glamour and football-style pay packages have rarely been a feature of the HSBC landscape.
Two million new customers up for grabs; Boost for credit markets
Leverage concerns suppress loan, bond options; Well-capitalized firms will have pick of best targets
Jordanian firm picks former BankMed head; Shoman remains as chairman
Caps placed on debt capital markets business; Unlikely to influence RBS revenues
DSB reawakens depositors to bank risk; Rabo sees less competition from state-supported rivals
The US bank’s succession planning is turning into a bad joke.
The bank’s results reveal the benefits, and not the drawbacks, of mixing retail and wholesale banking.