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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, Santander and UBS are reporting progress as building a sustainable position in North America becomes crucial to secure number one status in Europe -
◆ Banks reveal how they will restructure pay in London ◆ Reverse Yankee issuers to have their moment ◆ JetBlue issues convertible bond
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Barclays and Citi are following rivals in scrapping the bonus cap for material risk takers in London. But after a decade of salary increases, the outcome could prove better for banks than for bankers
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'A lot of work ahead' to counter 'structural unprofitability' of Credit Suisse, says CEO
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Italy's largest listed investment bank is in the middle of an ambitious plan to be profitable across the economic cycle
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BNPP paying €5.4bn, Axa to make €3.8bn share buyback after sale closes
