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Crédit Agricole reorganises loans business amid busy hires and promotions in industry
‘New kid on the block’ disrupts established order with lead role on Schroders takeover
Former MDB sustainable finance expert joins as HSBC rebuilds sustainability leadership
EU’s new real time price feed could be nice to have, but market participants are not sure it’s essential
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Royal Bank of Scotland reported a pre-tax loss of £8.2bn for the full-year 2013 on Thursday, its sixth consecutive year of losses since it was rescued in 2008 and a result that chief executive Ross McEwan called “sobering”. The already slimmed down investment bank’s profits were down by more than half, but bankers there are no closer to knowing how many more jobs will go as RBS reduces its seven operating divisions down to three. -
Rabobank has appointed its global head of professional products, who has previously served on boards at Morgan Stanley and NIBC, to its executive board.
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Royal Bank of Scotland bankers were left scratching their heads on Friday morning after news reports that the bank was planning to heavily scale back its investment banking business.
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Investors are pulling out of European money market funds leading the funds to consolidate, according to commercial paper dealers.
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Scope Ratings has appointed a former Standard & Poor’s equity analyst to its bank rating team, as the new kid on the ratings block gets ready to launch its first ratings on many European banks.
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Commerzbank, which recorded a decent set of full year results this week, is pushing to further its corporate finance business in several areas, the head of its corporate and markets division told EuroWeek.
