Bank Strategy - All articles

  • 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
  • Boekhout lays out corporate client strategy at Commerz

    The double whammy of coronavirus and a crisis at the top of the bank makes the most testing of times for the new head of Commerzbank’s corporate clients division to make his mark. But Roland Boekhout has a broad vision for the firm’s corporate and investment bank and ideas for how to implement it, writes David Rothnie.

    • 23 Jul 2020
  • Lacour replaces Zaimi as HSBC equities chief

    Franck Lacour is taking over HSBC’s equities business, with Hossein Zaimi leaving the bank. In Hong Kong, Selene Chong will take on new responsibilities in the equities business.

    • 22 Jul 2020
  • HSBC looks to crack ECM conundrum

    HSBC’s global head of equity capital markets is under no illusions about the challenges the bank faces, but says HSBC’s restructuring is not one of them. David Rothnie reports.

    • 15 Jul 2020
  • Bertrand de Mazières, EIB: 'all of us have to do more in times of crisis'

    Bertrand de Mazières is one of the best known and most respected figures in European debt capital markets. As director general of finance at the European Investment Bank (EIB), he oversees one of Europe’s most important bond issuers, a status not only due to the amount it issues each year, but also its role as a setter of standards and benchmarks for rest of the market — in good times and bad.

    • 09 Jul 2020
  • Imperious JP Morgan shows its crisis credentials

    JP Morgan has extended its lead in European investment banking, scotching accusations of a retreat and dashing hopes of a change in the status quo, writes David Rothnie.

    • 09 Jul 2020
  • Another fresh start at Commerz as leaders call it quits

    Commerzbank’s future strategy is up in the air after it was announced that its chief executive and chairman would be leaving after its “5.0” strategy received a poor welcome.

    • 09 Jul 2020
  • Gordian Knot team plan return with corporate receivables venture

    Nicholas Sossidis and Stephen Partridge-Hicks, the founders of investment manager Gordian Knot and pioneers of structured investment vehicles, are planning the firm’s comeback in the securitization market, with a new venture focused on corporate receivables ready to launch.

    • 09 Jul 2020
  • Deutsche appoints Stergiou to lead public sector business

    Deutsche Bank has created a new coverage model for its public sector business, which will be headed up by Panos Stergiou, global head of macro coverage.

    • 08 Jul 2020
  • ECB consultation sparks bank M&A talk once more

    The European Central Bank has put the familiar topic of bank consolidation back into the spotlight, after its supervisory arm made clear last week that it did not want to stand in the way of well-designed deals.

    • 07 Jul 2020
  • Structured products to remain under scrutiny at French banks

    Société Générale and Natixis may face more questions over their equity derivatives businesses when they release their second-quarter results. The issue is whether their structured products are inherently problematic or simply suffered from freak events.

    • 02 Jul 2020
  • Three is the magic number for BofA

    Bank of America hopes that a new management team built on a culture of intensity will enable it to meet its top three goal in Europe, the Middle East and Africa, writes David Rothnie.

    • 02 Jul 2020
  • Berenberg reshuffles investment bank leadership

    For its European operations Berenberg has named a new head of investment banking, new heads of markets and a new head of equities.

    • 01 Jul 2020