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BNPP is rebuilding strength in advisory in France
I thought the grass would be greener in fintech land, but it’s patchy and dreary
Years of underperformance are behind it and the bank has launched a new growth plan
Equity market bodies try to pre-empt regulator's July consultation and consolidated tape decision
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  • The embattled chief executive of Deutsche Börse, Carsten Kengeter, has resigned after a multi-million euro settlement over alleged insider trading was thrown out by Frankfurt's local court on Monday.
  • Goldman Sachs must show long-term commitment in a new corporate broking push if its CEO’s call to build better relationships with corporates is to succeed, writes David Rothnie.
  • In an unprecedented move to prop up its ailing state-owned banks, India announced a Rp2.1tr ($32.5bn) recapitalisation this week that market participants have hailed as a game changer. But while it goes a long way in plugging capital shortfalls, it is not yet clear if the injection will result in a feast of equity issuance, writes John Loh.
  • Citi has made Emmanuel Regniez co-head of investment banking in France, alongside Nicolas Desombre.
  • FIG
    Banca Monte dei Paschi di Siena (MPS) resumed trading on the Borsa Italiana this week, with its shares opening more than 35% below the level at which the Italian state recapitalised the bank.
  • SSA
    Intercontinental Exchange, the global exchange and clearing house operator, on Tuesday announced it had bought a 4.7% stake in Euroclear from Royal Bank of Scotland for €275m. The move was followed a few hours later by an announcement that it would buy fixed income trading venue BondPoint from Virtu Financial for $400m.