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Bank strives for ‘complete global offering’ in M&A and ECM but market conditions hang in the balance
Broaching the delicate subject with your boss of being asked to keep too many plates spinning
‘New kid on the block’ disrupts established order with lead role on Schroders takeover
Olivier Caseris takes over from Joëlle Assouad
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Candidates in Italy’s March 4 election have swerved away from the thorny issue of bank balance sheets. But observers should not be unduly alarmed: whatever happens, Italy’s politicians look set to scrape on by as before — for worse or for better.
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China’s plans to adopt a market-driven IPO approval process will be pushed back by another two years, according to the official Xinhua news agency.
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The Hong Kong Stock Exchange (HKEX) has released its long-awaited guidelines on dual-class shares, clearing the way for Chinese firms such as Alibaba Group Holdings to have a secondary listing in the city for the first time.
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Malaysia’s RHB Bank is deepening its presence in Vietnam with the full acquisition of Vietnam Securities Corp (VSEC), a stock brokerage and corporate finance outfit.
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The bank is showing some much-needed urgency after losing momentum in Europe, but the fate of its investment banking strategy could lie in the hands of regulators, writes David Rothnie.
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Barclays reported annual results on Thursday, revealing the huge scale of the firm’s trading balance sheet expansion in 2017, as it scales back up in its historical strength of macro trading. But the low volatility last year weighed on returns, and the growth in the trading book has yet to deliver the profits it hopes for.