news aggregator

Troubled Kuwaiti bank opts for openness

Financial and banking news from ft.com - 2010, March 10 - 7:48pm
After defaulting on its debts, a repentant Global Investment House tried an unusual tactic in the Middle East – total transparency about its restructuring process
Categories: Banking news

Banks battle for record inflows into commodities

Financial and banking news from ft.com - 2010, March 10 - 4:32pm
Commodity related exchange-traded products have emerged as a key battleground for investment banks keen to win a share of the record levels of financial flows that investors are ploughing into commodity market
Categories: Banking news

Myners backs expanded pay disclosure rules

Financial and banking news from ft.com - 2010, March 10 - 2:41pm
Tens of thousands of UK investment bankers could be caught by a new government proposal that banks should disclose pay details for anyone earning more than £500,000 a year
Categories: Banking news

Nomura reshuffle sparks resignation

Financial and banking news from ft.com - 2010, March 9 - 1:48am
A management revamp by the Japanese bank has prompted the resignation of Siggi Thorkelsson, head of equities in Asia, amid signs that other departures could soon follow
Categories: Banking news

Nomura overture from Red Knights

Financial and banking news from ft.com - 2010, March 9 - 1:46am
The group of financiers has contacted the investment bank to see if it would act as corporate adviser in a further signal of its intentions to wrest control of Manchester United football club
Categories: Banking news

Broad footprint helps bank step ahead

Financial and banking news from ft.com - 2010, March 8 - 8:39pm
EFG-Hermes has been one of the few financial sector stars during the global crisis but the Egypt-based finance house has ambitions that go much further
Categories: Banking news

Nomura chief warns on UK taxes on banks

Financial and banking news from ft.com - 2010, March 7 - 10:25pm
Junichi Ujiie has warned that if London wants to remain a financial centre that banks must not be over regulated and hit by hefty taxes
Categories: Banking news

Banks defend use of sovereign CDS trade

Financial and banking news from ft.com - 2010, March 6 - 1:13am
Some of Europe's biggest banks defended trading activity of credit default swaps on Greek sovereign debt in a meeting with European Union bureaucrats in Brussels
Categories: Banking news

RBS pays top executives £10m in share bonuses

Financial and banking news from ft.com - 2010, March 6 - 12:39am
Royal Bank of Scotland has awarded £10m in deferred share bonuses to nine of its most senior executives for their performance last year, with the highest pay-out worth £5.9m going to the head of its investment banking division
Categories: Banking news

Russia's RenCap in Serbian joint venture

Financial and banking news from ft.com - 2010, March 2 - 11:27am
The alliance will strengthen the Russian-owned investment bank's presence in central and eastern Europe with Citadel Investment Services bringing its local expertise to the table
Categories: Banking news

BarCap recruits top Asian investment banker

Financial and banking news from ft.com - 2010, February 28 - 7:11pm
Barclays Capital is to further bolster its ranks in Asia with the hiring of one of the region's leading investment bankers
Categories: Banking news

Pru bid adds to bankers feeding frenzy

Financial and banking news from ft.com - 2010, February 28 - 2:19pm
Prudential's proposed mega-bid for AIG's coveted pan-Asian insurance assets has added to a feeding frenzy among global investment banks and advisory boutiques for a slice of the action
Categories: Banking news

Nomura raises $3bn in first dollar bond sale

Financial and banking news from ft.com - 2010, February 26 - 9:24pm
The brokerage's first dollar-denominated offering – the biggest by a Japanese financial institution in nearly four years – comes as it seeks to raise its profile as a global bank
Categories: Banking news

Pudong Bank set to sell strategic stakes

Financial and banking news from ft.com - 2010, February 26 - 9:19pm
Shares of Shanghai Pudong Development Bank were suspended from trading after the Chinese lender said it was preparing to take on strategic investors
Categories: Banking news

AIG advisory coup for UBS and Goldman

Financial and banking news from ft.com - 2010, February 23 - 2:32am
Investment banks win senior bookrunner roles in $20bn Hong Kong listing of AIG's Asian life insurance operations
Categories: Banking news

Morgan Stanley nears sale of CICC stake

Financial and banking news from ft.com - 2010, February 23 - 1:40am
Morgan Stanley is nearing the sale of its stake in China International Capital Corp to two US private equity firms, Kohlberg Kravis Roberts and TPG, for about $1bn, ending a relationship that has long been strained
Categories: Banking news

Daniels waives £2.3m Lloyds bonus

Financial and banking news from ft.com - 2010, February 22 - 8:40pm
Lloyds Banking Group chief executive has said he will waive his right to a £2.33m bonus for 2009 but bank is in tough talks with investors over increasing his long-term rewards
Categories: Banking news

RenCap to focus on Africa

Financial and banking news from ft.com - 2010, February 22 - 5:08am
Renaissance Capital, the Russian investment bank, is launching an operation in Johannesburg as it looks to exploit a pan-African franchise to build one of the world's leading emerging markets banks
Categories: Banking news

JPMorgan to take on miner in legal fight

Financial and banking news from ft.com - 2010, February 21 - 10:24pm
The US bank is due to take on a mining company controlled by a Ukrainian billionaire in an Australian court – a rare legal case that sets adviser against client and shines a light on investment bank fee structures
Categories: Banking news

Merkel hits out at banks over Greek deals

Financial and banking news from ft.com - 2010, February 17 - 11:22pm
German chancellor criticises investment banks that may have helped Athens to disguise mounting budgetary problems
Categories: Banking news
Syndicate content