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After hiring stacks of bankers in north America with rich pay packages, Citigroup has switched its attention to Europe. So far, Citi’s chequebook is still wide open
Lake leaves bank, Rohrbaugh moved to get retail experience
The extra scrutiny that comes with working on the most visible, public and largest deals would give even the Stoics something to scratch their heads about.
New equity capital markets talent and Bernstein joint venture have helped Société Générale win eye-catching mandates. Next, it will expand sector teams
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Market participants have been picking up put spreads on the Australian dollar against the US dollar, however investors should be wary as the currency pair has the potential to fall lower than expected, according to FX strategists. -
International Financial Reporting Standard 13: Fair Value Measurement (IFRS 13) was originally issued in May 2011 and applies to annual periods beginning on or after 1 January 2013. IFRS 13 provides a framework for determining fair value, clarifies the factors to be considered for estimating fair value and identifies key principles for estimating fair value.
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The state-owned Russian lender is pushing Asia to the centre of its international strategy as sanctions bite, writes David Rothnie.
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Investment banks have recently been selling complex derivative products, in large sizes, to unsuspecting widows and orphans.
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Royal Bank of Scotland (RBS) signalled on Thursday a plan to reduce sharply its global presence, including taking an axe to its Asia Pacific business. The decision marks the end of a torrid time for the bank since the global financial crisis, during which its Asia franchise has been steadily chipped away, writes Narae Kim.
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Bill Winters is to join Standard Chartered as chief executive, as the current CEO and chairman Peter Sands and Sir John Pearce announce their plans to step down.
