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I thought the grass would be greener in fintech land, but it’s patchy and dreary
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Shares in UniCredit, Italy’s largest bank by assets, closed 8.1% higher on Thursday after the bank cut its stake in Turkey’s Yapi Kredi, while announcing a dividend increase and a share buy-back.
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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.
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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