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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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Singapore’s real estate investment trust (Reit) market got a welcome boost on February 23 after several tax breaks for the asset class were renewed in the country’s 2015 budget. While most tax concessions have been extended, a 3% stamp duty remission has been allowed to expire, which observers say could spark a change in the makeup of S-Reits. -
BNP Paribas is understood to have filled its vacancy for head of Asia equity syndicate with an internal candidate, hiring Hong Kong-based Simon Moss for the position. He takes over from Gary Chan, who left the French bank at the end of last year.
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HSBC’s 2014 results underline the pain the bank has suffered from multiple conduct failures, as it swallowed $3.7bn of fines, settlements, customer redress and provisions through the year.
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Bank of America Merrill Lynch is hiring an equity-linked debt banker from Deutsche Bank.
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Investment banking divisions had their best post crisis year in 2014, according to figures from data firm Coalition, despite employing fewer people than ever.
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Natixis posted weak annual results in its capital markets division on Thursday, with revenues down 13% year-on-year in 2014, even as the bank’s profit at group level grew by 16% at €1.3bn.
