Top Section/Ad
Top Section/Ad
Most recent
Creating unified trading data feeds is proving much harder — and more controversial — than foreseen
Bond specialists sceptical that auctions can yield better results than bookbuilding
When staff complain, they deserve a fair hearing, not a wall of silence
Waterfall of promotions follows Karia's move to insurance post
More articles/Ad
More articles/Ad
More articles
-
The woes of the Deutsche Bank, proclaimed the world’s riskiest global systemically important bank (G-Sib) by the International Monetary Fund, were compounded on Wednesday morning when it reported second quarter results. Headline figures confirmed that a challenging operating environment, as well as the bank’s painful 2020 restructuring plan, are hitting operations hard. -
UniCredit's new chief executive, Jean Pierre Mustier, has simplified the bank's management structure, cutting the number of his direct reports, naming a new CFO and COO, and handing Gianni Franco Papa, a broader, group-wide role.
-
Canadian Imperial Bank of Commerce this week priced the first negative yielding non-Eurozone covered bond, with a well oversubscribed order book and a tiny new issue concession.
-
Moody’s has devised a systematic way to incorporate environmental risks into its ratings, and now offers special Green Bond Assessment grades. Michel Madelain, vice-chairman of Moody’s, tells Jon Hay green bonds cannot do all the heavy lifting for the green transition — conventional financing will have to help too.
-
Goldman Sachs on Tuesday reported second quarter results that beat most estimates, with a 74% increase in earnings, continuing a streak of positive quarterly bank results as it cut costs and shook off Brexit-related macro volatility.
-
US banks, which opened second quarter reporting this week and last, said Brexit had driven ‘new peaks’ in volumes at trading divisions, with signs of market share gains for the US houses as well.
