corporate-banking
BusinessMediobanca Shares Slide 7% Following Revenue Miss
BankingHsbc, Barclays and StanChart Jostle for US Banking Riches, Unruffled by White House Race
BankingBasisbank Awarded Best Corporate Bank Georgia 2024 by Global Banking & Finance Review
TechnologyKYC & Changing Risk — The Critical Role of KYC in Onboarding and Modern Compliance
UK’s Barclays to Sell German Consumer Finance Business
Date: July 4, 2024
UK’s Barclays to sell German consumer finance business (Reuters) -Barclays is selling its German consumer finance business to Austrian bank BAWAG Group AG for a small premium to net assets, it said on Thursday, as the British lender aims to simplify its business. The cash sale by Barclays Europe is expected to release about 4...
SocGen Q1 Profit Slumps Less Than Expected as Investment Bank Surprises
Date: May 3, 2024
SocGen Q1 profit slumps less than expected as investment bank surprises By Mathieu Rosemain PARIS (Reuters) -French bank Societe Generale’s net income fell less than expected in the first quarter, as profits on equity derivative sales offset weaknesses at its retail bank and in fixed-income trading. France’s third-biggest listed lender, whose CEO Slawomir Krupa is...
HSBC Targets Wealthy Expats, Bullish Asian Firms to Drive Europe Unit, Exec Says
Date: April 8, 2024
HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says By Sinead Cruise and Lawrence White LONDON (Reuters) – HSBC’s European chief is betting on rising regional wealth and overseas expansion by Asian corporate clients to boost his unit’s contribution to group profit after a multi-year reboot turned the business from laggard...
Analysis-Job Cuts, Lean Bonuses Loom Over Europe’s Bankers in 2024
Date: December 1, 2023
Analysis-Job cuts, lean bonuses loom over Europe’s bankers in 2024 By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) – A mix of global economic unease and geopolitical uncertainty means optimism is in short supply among bankers from the City of London to Frankfurt’s ‘Mainhattan’ financial district. Even rainmakers renowned for seemingly conjuring deals...
Fastest Growing Corporate Bank in Georgia in 2023: Basisbank Recognized by Global Banking & Finance Review
Date: November 16, 2023
Fastest Growing Corporate Bank in Georgia in 2023: Basisbank Recognized by Global Banking & Finance Review Basisbank was recognized as the fastest growing corporate bank in Georgia in 2023 at the annual international awards of the influential international publication Global Banking & Finance Review. The award confirms Basisbank’s growth, leadership and delivery of customer-centric offers...
Deutsche Bank’s Rollercoaster Ride Towards More Stability
Date: January 4, 2023
(This Dec. 16 story has been refiled to correct currency unit to cents in paragraph 33) By Tom Sims and Marta Orosz FRANKFURT (Reuters) – In 2019, Deutsche Bank set out on a journey to cut dependence on its volatile investment bank and rely instead on more stable businesses that serve companies and retail customers...