Bank Strategy - All articles

  • Rolls-Royce lands cash call after flight risk

    UK aerospace company Rolls-Royce managed a smooth landing for its mid-pandemic equity raise despite turbulence within its inner circle of advisers. It was a triumph for strong management, writes David Rothnie.

    • 19 Nov 2020
  • Spanish, UK bank deal-making heats up

    The banking landscape in Spain and the UK is set to change, amid pressure on banks' profitability, after a flurry of announcements this week.

    • 19 Nov 2020
  • Laskshmi Vilas set to merge with DBS India

    Lakshmi Vilas Bank is set to merge with DBS Bank’s operations in India, under a central bank plan to save the cash-strapped local lender.

    • 18 Nov 2020
  • BBVA bonds soar amid sale of US subsidiary

    BBVA said on Monday that it had reached an agreement to sell its US subsidiary to PNC Financial Services. The Spanish bank’s bonds rallied sharply on the news of the deal, which will increase its main capital ratios by as much as 300bp.

    • 16 Nov 2020
  • Commerz sees trade green shoots as vaccine update boosts stock

    Commerzbank has endured a tough year but, with a new strategy on the way, loan impairments lower than at many peers, and executives seeing an uptick in its trade finance business, the worst may be behind it.

    • 12 Nov 2020
  • Jefferies' European IB engine starts to purr

    Jefferies has enjoyed a record year in European investment banking, powered by equity capital markets, writes David Rothnie.

    • 12 Nov 2020
  • Sampo starts disposal of Nordea stake following activist pressure

    Finnish financial services group Sampo has begun cutting its stake in Nordea, one of the Nordic region’s biggest banks, following pressure from Elliott International, the activist hedge fund, to simplify its business.

    • 11 Nov 2020
  • Créd Ag shares in capital markets uplift

    Crédit Agricole benefitted from brisk capital markets activity in the third quarter, its results on Tuesday showed, while it has also set up a private investment banking division for wealthy individuals and families.

    • 10 Nov 2020
  • Société Générale to cut 640 jobs

    Société Générale said on Monday that planned "adjustments and optimisations" should lead to a net reduction of around 640 posts in France, as it changes its structured products business and mulls altering securities services too.

    • 09 Nov 2020
  • Alantra targets performing loans with new securitization build-out

    Alantra, the boutique investment bank in Spain, wants to expand its securitization franchise beyond its existing strengths in NPL deals, boosting its position as an advisor for specialist lenders in performing credit and structurer of risk transfer deals for Europe’s smaller banks. Francesco Dissera, who started at the firm in mid-October, will lead the team’s growth efforts.

    • 05 Nov 2020