Deutsche Bank, which runs Europe’s biggest investment bank, said it expects the industry’s revenue to decline this year as clients consider pulling back from trading some fixed-income securities and refrain from doing deals.
Tom Hayes, a former trader serving an 11-year jail sentence for conspiracy to rig Libor interest rates, will next week return to a London court in a multi-million pound battle against prosecutors over assets that include a seven-bedroom country house.
Deutsche Bank said it plans to shrink its $11.1bn of exposure to metals, mining and steel as it seeks to cut risky holdings in those industries.
London-headquartered Clearwater International, a mid-market mergers and acquisitions (M&A) firm, has grown its presence further into Europe.
A former head of the Irish bank that almost bankrupted the Republic is back in Dublin on Monday to face 33 charges relating to Anglo Irish Bank.
Standard Chartered, which suffered its first annual loss since 1989 last year, has offered to repurchase as much as $2bn of bonds.
BNP Paribas had its long-term credit rating cut to A from A+ by Standard & Poor’s, which cited a “less favorable” view of the lender’s capital cushion.
'Ensuring the best split possible and avoid a lot of ‘noise’ around the move'.
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Top bankers and campaign financiers were caught off guard by recent statements from the GOP presidential candidate.
Technology companies are about to enter a golden era of mergers and acquisitions, thanks to a key game-changer in the industry, an investor said.
The Bank of England’s post-Brexit economic recovery plan got off to a stumbling start when it was unable to buy as many government bonds as it needed from major City investors.