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Syndicate and trading executives get wider responsibilities
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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. -
The Bank for International Settlements published a paper this week in which it suggested that supervisory authorities might need to introduce ‘prudential backstops’ to ensure that banks are valuing Level 3 assets appropriately.
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Generali Investments and BNY Mellon have both set up new funds to invest in green and sustainable bonds, in euros and sterling respectively.
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Members of the European Parliament voted against the European Banking Authority’s proposed executive director on Thursday, following fears about a revolving door between the regulator and lobbyists.
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Volkswagen Bank has belatedly joined the list of banks whose Pillar 2 requirements were posted on the European Central Bank's website this week. It had initially not consented to its targets being published.
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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.
