Deutsche Bank will seek compensation from former chief executive Rolf Breuer for a costly out-of-court settlement reached earlier this year with the heirs of the Kirch media empire, according to a report in the newspaper Die Welt.
Evercore has announced that it has entered into an agreement to acquire the operating businesses of ISI International Strategy & Investment, a leading independent research-driven equity sales and agency trading firm.
The $6.6 billion bailout of Portugal's largest bank poses a warning for other European banks which are heavily exposed to "fragile" emerging market economies in Latin America and Africa, analysts have cautioned.
Job vacancies at London’s financial-services companies fell by 8% in July from the previous month as hiring by large securities firms slowed, according to a survey by a recruitment firm.
UBS is considering buying a wealth-management firm in Brazil as it seeks to expand that business sevenfold by 2020, said Sylvia Coutinho, chief executive officer of the lender’s Brazil unit.
HSBC, Europe's largest bank by assets, posted another fall in pre-tax profit on Monday as the bank continues the second phase of its turnaround plan.
Germany’s financial regulator, BaFin, is extending investigations into alleged interest-rate manipulation at Deutsche Bank, German magazine Der Spiegel reported.
Evercore has announced that it is expanding its investment banking capabilities in London through the formation of a new European dedicated debt advisory business.
For many in the City, the international banks HSBC and Standard Chartered will forever be linked.
Stephen Hester is the City's version of William James, the veteran bomb disposal expert played by Jeremy Renner in the film The Hurt Locker.
Deutsche Bank became the largest bank in at least four years to feel compelled to reassure investors and employees that it has enough funds to pay coupons on its riskiest debt.
It's a well-explored theme that Europe's investment banking pie is shrinking.
The boss of Google, Sundar Pichai, has been awarded $199m (£138m) worth of shares, making him the highest paid chief executive in the US.