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Banks welcome UK’s relaxed prospectus rules as IPO pipeline swells
Originator hired to go after bank bond issues in euros and dollars
With Sergio Ermotti set to step down as group CEO, chairman Colm Kelleher favours an orderly, internal succession. But in a critical year for the bank, there could be turbulence ahead
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BNP Paribas’s latest restructuring makes it look more like its US universal banking rivals. Now it needs to figure out how to match them in the rankings, writes David Rothnie. -
Standard Chartered announced on October 29 that it had been granted a domestic fund custody licence by the China Securities Regulatory Commission (CSRC).
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S&P Global Ratings is expecting to get regulatory approval to set up in China as early as next month, a source familiar with the application process told GlobalRMB.
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HSBC recorded better profitability and higher revenues at the group level for the first nine months of 2018, with Asia continuing to play a key role. But the bank’s global markets business took a hit.
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Mizuho International said this week that LSE Group’s Suneel Bakhshi will take over as president and chief executive, with Michiel de Jong stepping down after six years in the role.
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Another poor set of results from Deutsche Bank left analysts wondering if radical reforms announced earlier this year will be enough to stop the bank’s slide.
