Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
P&M NotebookWhile Barclays drew a lot of the focus this week, with its second new strategy in less than two years, it was Deutsche’s decision to do some deadly serious cost cutting in debt capital markets that caught the most attention.
-
Barclays’ plan to cut its exposure to African operations has left emerging market bond and loan bankers puzzling what future the firm has in the region — historically one of its areas of strength within CEEMEA — but it will leave the UK firm better capitalised.
-
Barclays wants to put its restructuring behind it once and for all. That will require someone of great skill to succeed its outgoing investment bank boss and silence the doubters, writes David Rothnie.
-
Deutsche Bank's restructuring has landed hard on its European debt capital markets and solutions operations, with the roles of at least five managing directors in the team thought to be under review.
-
Barclays shareholders are used to the share price plunging on results day, but Tuesday's 10% fall by noon was a lot worse than usual. The main shock of the first results since Jes Staley took over as chief executive in December was a 54% cut in the dividend for 2016 and 2017.
-
Citi has decided to sell its stake in China Guangfa Bank (CGB) in a bid to refocus its resources on other parts of its China business.