Bank Strategy

  • Piraeus covers capital raise to clean up NPL portfolio

    Piraeus covers capital raise to clean up NPL portfolio

    Piraeus Financial Holdings, the Greek holding company which owns Piraeus Bank, has launched a capital raise to give it the firepower needed to offload non-performing loans and has already secured enough demand on one morning of book-building to cover the deal.

  • Citi to boost wealth management business in Apac

    Citi to boost wealth management business in Apac

    Citi is planning to hire around 2,300 people to support the expansion of its wealth management business in Asia Pacific, as the bank undertakes a restructuring that boosts focus on its four wealth centres.

  • Goldman offers lenders UK mortgage warehousing

    Goldman offers lenders UK mortgage warehousing

    Goldman Sachs has been offering UK specialist lenders terms for mortgage warehouses, in a radical shift in securitized products strategy for the US investment bank, which has concentrated most of its recent primary markets efforts on principal deals. The move puts it into competition with commercial banks with bigger balance sheets and cheaper capital, but could send waves through the sector.

  • HSBC GBM to double down in Asia, Middle East

    HSBC GBM to double down in Asia, Middle East

    HSBC's global banking and markets division (GBM) plans to invest in Asia and plug more than half its risk-weighted assets (RWAs) in the Apac region and the Middle East by 2022, the bank outlined when reporting its full-year results on Tuesday. Meanwhile, in the final three months of last year, global banking revenues fell year-on-year, but proceeds from equities more than doubled.

  • Europe’s banks double down on broking

    If you want to be Europe’s leading global investment bank, you've got to have a leading role in the UK, the region's biggest fee pool. And that means having a strong corporate broking platform, writes David Rothnie.

  • JP Morgan returns to UK warehouse lending

    JP Morgan returns to UK warehouse lending

    JP Morgan is opening warehouse lines for UK mortgage origination, ending a prolonged absence from a core part of the European securitization market for the US giant — a prohibition said to have been mandated by senior figures in the bank’s management team.

  • BPCE plans Natixis purchase, looks at reorganisation

    BPCE plans Natixis purchase, looks at reorganisation

    BPCE is planning to buy the stake in Natixis it does not already own, and is also examining splitting it up, placing its corporate and investment banking activities and asset and wealth management branch into a new structure.

Bank Strategy News Archive