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New equity capital markets talent and Bernstein joint venture have helped Société Générale win eye-catching mandates. Next, it will expand sector teams
Italian investment bank has retained its focus since its takeover by Banca Monte dei Paschi. Now with two suitors for MPS, it is set for more upheaval
Years of underperformance are behind it and the bank has launched a new growth plan
The Italian bank’s head of advisory and financial solutions wants AI to support a new operating model based on being able to work faster than any of its rivals
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  • Singapore’s state-owned investment fund has added investment bankers to its ranks as it looks to seize opportunities created by bank deleveraging, writes David Rothnie.
  • Bankers’ jubilation over the watering down of Basel III will do little to calm the concerns of clients looking for long term liquidity, writes David Rothnie.
  • Deleveraging at BNP Paribas has put the bank’s CIB franchise in a position to boost its global standing, writes David Rothnie.
  • Glencore’s $45.8bn acquisition of Xstrata, the biggest takeover of the year, proved the value of strong long-term relationships at a time when the world order in investment banking is changing, writes David Rothnie.
  • Investment banks have taken tough decisions in 2012 — cutting costs and withdrawing from unprofitable businesses. With more upheaval likely in 2013, senior bankers without product responsibilities are vulnerable, writes David Rothnie.
  • While 2012 has been a year of strategic pain and contracting revenues for global investment banks, it has been one of continuing expansion for the independent Moelis & Co, set up in 2007, at the dawn of the financial crisis, writes David Rothnie.