Bank Results

  • Covid-19 trading boost mitigates pressures at big investment banks

    Covid-19 trading boost mitigates pressures at big investment banks

    The biggest investment banks are enjoying strong trading revenues from the market moves related to the coronavirus pandemic, alleviating a freeze in M&A and underwriting activity. The banks appear well-placed to deal with corporate drawdowns, although there is some debate around wider liquidity profiles.

  • Metro launches new strategy, plans to issue more MREL

    Metro launches new strategy, plans to issue more MREL

    Metro Bank is looking to become a more profitable institution after launching a review of its strategy this week, but the lender still faces the challenge of having to raise a further £500m of debt to meet its capital needs.

  • HSBC plans to slim down rates, derivs, equities in Europe

    HSBC plans to slim down rates, derivs, equities in Europe

    HSBC’s new strategic plan involves numerous changes to its investment banking division, including shifting resources to Asia and the Middle East, reducing the scale of many operations in the European markets business, and combining product functions with commercial banking.

  • Staley’s Epstein links mar Barclays’ solid CIB results

    Staley’s Epstein links mar Barclays’ solid CIB results

    Barclays posted another strong set of returns from the corporate and investment bank (CIB) on Thursday, but the disclosure that UK regulators are investigating chief executive Jes Staley’s relationship with the late sex offender Jeffrey Epstein was described as a “red flag”.

  • US natural gas exposure hits Natixis

    US natural gas exposure hits Natixis

    Natixis, one of the investment banks that has gone furthest to prioritise greener financing, had to ramp up its provisions for credit loss from US natural gas producers in the fourth quarter, pointing to “structural transformation” in the sector. But it told GlobalCapital that it still saw opportunity in the industry.

  • SG keeps lid on costs after restructuring

    SG keeps lid on costs after restructuring

    Société Générale grew revenues while keeping costs steady in its markets and investor services activities in the fourth quarter. Bondholders will have also welcomed a boost to the bank’s capital ratio.

  • BNP Paribas expects CIB growth in 2020

    BNP Paribas expects CIB growth in 2020

    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.

Bank Results News Archive