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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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Goldman Sachs took flack from the market for its fixed income results on Tuesday, the second quarter running that the once-dominant firm has missed market expectations. Fixed income client execution was down 40% from last year to $1.16bn, following a first quarter when fixed income was up just 1% against a miserable 2016 number.
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A swathe of Indian insurers are readying IPOs that could raise some $3bn between them in the next several months, riding a resurgent FIG wave in the country. Expectations are running high that more transactions will hit screens in the second half of the year. John Loh reports.
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The bank wants to grow its franchise, but may have to take its M&A joint venture with Case a step further to achieve its goals, writes David Rothnie.
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Bank of America posted higher earnings than expected for the second quarter, offsetting a 14% drop of revenue from its fixed income trading business.
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Singapore Exchange (SGX) is bringing back the lunchtime trading break following a rejig of its equities market structure.
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RBC Capital Markets has hired James Agnew, a veteran UK corporate broking executive, to be chairman of corporate broking for its business in Europe.