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BNP Paribas expects to buck the trend of malaise at European investment banks and grow its revenues this year, it said in its fourth quarter results on Wednesday. -
Anglo-South African bank Investec Group has launched the spin-off of its asset management division, Ninety One ,on the London Stock Exchange.
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A hefty increase in revenues from rates and credit trading helped Deutsche Bank’s investment bank in the fourth quarter, but the division still made a loss.
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The Association for Financial Markets in Europe (Afme) and the Investment Association (IA) have proposed a one and a half hour reduction to the European equity market trading day, in response to a consultation launched by the London Stock Exchange in December.
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Vereker goes to JP Morgan — SG picks new CEEMEA DCM head — Goldman names new cross markets head
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Jes Staley’s strategy has been vindicated, with Barclays’s corporate finance bankers having a banner year. But it has to invest in its European franchise to cement its credentials as the region’s leading investment bank, says David Rothnie.
