Hints and tips:
Related Special Reports
...The Basel Committee on Banking Supervision held a series of meetings at the European Banking Authority last month, according to people with knowledge of the talks, where the regulator sought participants...
...Gonzalo Garcia, Goldman’s then co-head of European investment banking, quit shortly after being left off the committee....
...UBS’s takeover of Credit Suisse, which controversially involved $17bn of bonds being wiped out, has created the biggest global wealth manager and a dominant player in Swiss and European banking....
...Their respective co-heads — Stephan Feldgoise in mergers and acquisitions and Anthony Gutman in European investment banking — have been included in the committee, which has about a dozen members....
...The wind is against green investment trusts in Europe....
...Investor trust will continue to be tested....
...This is a rarity in European banking, where poor returns have eroded shareholder value in recent years. Deutsche Bank, Société Générale and Barclays are notable offenders....
...The fall echoes a wider drop across the banking sector as dealmaking dried up....
...Last month, a group representing 109 trusts wrote to chancellor Jeremy Hunt warning that the current set-up “cannot be allowed to continue”....
...In the first quarter of the year, according to the London Stock Exchange Group, the Americas accounted for 54 per cent of investment banking fees globally (compared with 47 per cent for all of last year,...
...What the market really wants is a firm pronouncement on the future of investment banking. On this he has vacillated recently. Venkat recognises a need to rebalance the group’s businesses....
...“It is a huge job [Khan] has ahead of him, and there is no guarantee he will succeed,” said Johann Scholtz, banking analyst at Morningstar....
...The communications adviser also oversaw up to €1mn in cash on behalf of the investment banker, which he invested alongside his own funds....
...European investment banking fees dropped to $17.2bn last year, down from more than $30bn in 2021 and the lowest total since 2016, according to data provider Dealogic....
...Trading and investment banking helped lift Deutsche Bank to its highest quarterly profits in 11 years in the first three months of 2024, as global dealmaking started to pick up after a two-year long slump...
...They have climbed since and are close to seven-year highs, echoing a European banking stock rally....
...The pick-up in mergers and acquisitions could usher in Wall Street’s long-awaited recovery for investment banking....
...Activist investor Elliott has built a 5 per cent position in Scottish Mortgage Investment Trust, whose early bets on tech groups such as Amazon turned it into one of the UK’s most popular investment vehicles...
...Excessive bank regulation is for the birds, reckons the European Banking Federation. At least that is what an avian-themed cartoon on the report’s cover suggests....
...Swiss banking rules have come into sharp focus since the collapse of Credit Suisse last March and its rescue by UBS....
...Richard Crawford, head of energy income funds at Infrared Capital Partners, which advises the London-listed The Renewables Infrastructure Group, said: “I think it’s fair to say that [renewable] investment...
...She likened the banking industry’s lack of knowledge of their exposure to private equity sponsors to their problems dealing with Archegos Capital, whose collapse in March 2021 cost six banks more than $10bn...
...Chrysalis Investments and its investment managers are to split from asset management group Jupiter, more than three years after the trust was acquired as part of a wider deal....
...This weekend marks the first anniversary of the scariest moment in European banking of the past decade. It was a testing time....
...He chaired the listed investment trust from 1988 until 2019....
International Edition