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Bank M&A is back on the agenda, but talk of SMBC buying Jefferies is premature. The two firms are prioritising their multi-stranded alliance and a takeover now would jeopardise it
Corporate broking relationships endure for decades and build deep roots between both individuals and institutions, enabling banks to win outsized revenues from clients they serve. No wonder that a new crop of banks are expanding their ambitions
Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
The launch of a €35bn exchange offer for Germany’s Commerzbank marks a decisive attempt to break a stalemate that has frustrated Andrea Orcel in his quest to turn UniCredit into a pan-European banking champion
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Donald Workman, the new head of RBS’s Corporate and Institutional Banking business, is expected to announce in the next seven to 10 days a steering committee or integration board to lead the restructuring of the business.
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The Korean issuer is monitoring markets to assess the impact of US Federal Reserve tapering but is not overly worried about the knock-on effect on its interest rates.
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The firm’s rise as a European debt house underpinned a stellar year in investment banking, writes David Rothnie.
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The Australian lender is keen to diversify its capital sources in 2014, with a second offshore renminbi issuance and potential deals in Malaysia and Thailand all possibilities.
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Top RBS bankers Suneel Kamlani and John Owen have resigned following Group CEO Ross McEwan’s announcement that their divisions would be folded into corporate and institutional banking.
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Royal Bank of Scotland bankers were left scratching their heads on Friday morning after news reports that the bank was planning to heavily scale back its investment banking business.