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GC Asia
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Market welcomes new Natixis CEO Namias
Investors appeared positive on Natixis's prospects on Tuesday morning after the replacement of François Riahi as chief executive with Nicolas Namias. Meanwhile, the bank has said it will reposition its equities division after it endured another tough quarter.
04 Aug 2020 -
Embattled HSBC to press on with restructuring
HSBC revealed a big increase in credit loss provisions in its second quarter results on Monday, as it vowed to step up the pace of its strategy shift. In the investment bank, it was a strong outing for fixed income and currencies trading, but a disappointing quarter for equities.
03 Aug 2020 -
SG to derisk structured products following equities collapse
Société Générale will make its structured products less risky, it said, after a difficult first half of the year in its equities business.
03 Aug 2020 -
Credit Suisse makes changes in levfin, DCM, energy and infra
Credit Suisse has given staff including Jeff Cohen new positions and is also creating a new energy and infrastructure group.
03 Aug 2020 -
Transition idea key as banks present sustainability goals
Citi, Deutsche Bank and Credit Suisse all launched pledges related to environmentally friendly financing this week, as banks face continued pressure to make their balance sheet greener. The details of the announcements also displayed how the idea of “transitioning” high-carbon companies to become more sustainable has become popular in banking.
30 Jul 2020 -
Gottstein creates unified investment bank at Credit Suisse
Credit Suisse is bringing its disparate markets and investment banking operations into one division, it announced on Thursday, as new chief executive Thomas Gottstein draws out a fresh structure for the bank. The bank is aiming to create savings to be invested elsewhere, but did not give much detail about where cuts would be made.
30 Jul 2020 -
Boutique wheel of fortune spins into another crisis
Independent firms were the big winners of the 2008 financial meltdown. But they will find the Covid-19 crisis tougher to navigate, as they grapple with a unique set of challenges, writes David Rothnie.
30 Jul 2020 -
DB’s Johnsson: perceptions of our ECM franchise have changed
Deutsche Bank on Wednesday released a stellar set of results for origination for the second quarter, compared with consensus estimates, its previous results and to a lesser extent competitors. Henrik Johnsson, co-head of European banking and capital markets, said that the bank’s strengths became more valuable during the coronavirus crisis.
29 Jul 2020 -
Fatigued equity investors set to be more selective
Equity capital markets have been relentless since the first coronavirus rescue issues in the spring. There is no let-up, with several large deals announced in the past fortnight and scheduled to be priced in August. However, bankers are worried that tired investors are near breaking point.
27 Jul 2020 -
HSBC creates solutions teams for ESG, FIG and corps
HSBC has become the latest bank to create a dedicated team for sustainable finance amid the coronavirus crisis. This is part of a new strategic solutions group, which will also house two other solutions units: one for corporate finance, and one for financial institutions and capital.
27 Jul 2020
