A long history of dispute over what the Gulf-based adviser should be paid for her role in helping the UK bank raise capital during the financial crisis, first revealed by Euromoney, has been revived – and escalated – by a new claim lodged in the UK High Court.
The Basel Committee on Bank Supervision released long-awaited guidance on a new capital regime for market risk in January.
The film of The Big Short provides a welcome reminder of the glory days of Morgan Stanley’s fixed income franchise, when Howie Hubler managed to lose $9 billion on botched structured credit tranche trades.
Shareholders should be as worried by modest returns at the American market leader as by outright losses at Deutsche and other struggling European investment banks.
Investors focus on exposure to oil; banks see no contagion yet.
Portugal’s central bank had very few options when it decided to bail-in senior bondholders of Novo Banco at the end of last year.
The Bank of Portugal’s decision to transfer just five tranches of bonds on December 29 was not made in isolation.
Bank of Portugal tells Euromoney that Novo Banco bail in has satisfied BRRD conditions for the exercise of retransfer power but insolvency experts believe that important criteria have not been met
Policymakers must work harder than ever to boost trade and banks must revisit their strategies to meet this new threat to their business.
It was the weakest year for global trade since the financial crisis.
Deutsche Bank retains its position as the leading global trade-finance bank in this year’s Euromoney survey.
Investment-banking volumes in emerging Europe have fallen to their lowest levels for more than a decade.
VTB Capital cemented its position as Moscow’s leading investment bank last year.
Often overlooked and taken for granted, the repo market is crucial to the flow of cash and collateral through all other financial markets, so talk of a coming meltdown is troubling.
Islamic banks in the GCC may have two advantages over their conventional counterparts at a time of weak liquidity: loyal retail money and the ability to tap two investor markets
After near extinction in 2011, Ireland’s banks are well on their way back to profitability and growth.
The scale of the banking crisis in Ireland has made those banks’ leaders into national figures.
Let’s hope a new year heralds a decline in cynicism and negativity.
Brazil or Argentina need to spark revival; Latin America investment banking’s worst year since 2009.
Esteves’ exit fails to slow outflows; oil and gas exposure in spotlight.
Arrests, disappearances and suicides rock industry; investor unease at hard-nosed Beijing.
Overtakes rival with new valuation; dismisses state meddling, commodities concerns.
Cooperatives cut off last regional arm; Landesbanken reluctant to follow.
JPMorgan teams up with On Deck Capital; SoFi lends $4.5 billion in 2015.
As European banks return to the stock exchange, don’t expect much growth in balance sheet or geography.