Morgan Stanley has issued a press release to inform regarding its Third Quarter 2016 results. Net Revenues of $8.9 Billion and Earnings per Diluted Share of $0.81 Strong Performance ... Read More
Global banks tumbled in league table rankings for equity capital market (ECM) deals in Asia Pacific in the first half of 2016, as share offerings outside China that they ... Read More
The R3 distributed ledger consortium of 40-plus global banks has chosen Microsoft Azure cloud to host its labs and provide its members with easy access to those firms already ... Read More
Credit Suisse reported Group FY2015 pre-tax loss of CHF 2,422 million and 4Q15 pre-tax loss of CHF 6,441 million, including substantial charges which are not reflective of our underlying ... Read More
UBS has issued a press release to make publish its fourth-quarter 2015 results. According to UBS: UBS 2015 net profit up 79% to CHF 6.2 billion Fourth-quarter net profit ... Read More
Europe’s largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters. An email was sent ... Read More
Well that didn’t take long. Two weeks of falling share prices and the European and Japanese central banks caved. First the ECB promised new stimulus — which the markets ... Read More
HSBC has cut jobs in its retail and commercial banking units in the United Arab Emirates (UAE) as the bank prepares for lower growth in the Gulf Arab state ... Read More
HSBC, Credit Suisse, Commerzbank, BNP Paribas and Barclays have issued statements to inform public and investors for their results regarding the 3rd Quarter of 2015. HSBC Holdings plc 3Q ... Read More
Regulation, interest rates, economy curbing profitability U.S. firms are grabbing greater share of investment bank fees Europe’s last global banks are caving in to pressure from regulators and preparing ... Read More
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