investment-banking
Top StoriesHSBC’s Direction in Question After Elhedery’s Sprint to CEO Contender
InvestingHSBC Makes Surprise Succession Move as Forecasts Hit Shares
Top StoriesGoldman Plans Major Reorganization to Combine Key Units -Sources
Top StoriesBarclays Bolsters Financial Institutions Group With New EMEA Co-Head
Credit Suisse Shares Slip Despite Moves to Soothe Investor Concerns
Date: October 3, 2022
By Oliver Hirt and Michael Shields ZURICH (Reuters) -Credit Suisse shares slid by as much as 10% on Monday, reflecting market concerns ahead of a restructuring plan due to come with third-quarter results at the end of October. Swiss regulator FINMA and the Bank of England in London, where the lender has a major hub,...
SocGen Set to Choose Investment Banking Boss Krupa as Ceo, Figaro Reports
Date: September 30, 2022
PARIS (Reuters) -Slawomir Krupa is set to become the new chief executive of Societe Generale, following his current position as head of investment banking, Le Figaro said on Friday, citing several sources. Krupa will be tasked with overhauling France’s third-biggest listed bank amid risks of a global recession. A board meeting on the nomination will...
Porsche’s Blockbuster IPO Is No ‘gamechanger’ for Europe’s Battered Markets
Date: September 28, 2022
By Lucy Raitano and Andres Gonzalez LONDON (Reuters) – Porsche’s landmark listing is defying market turmoil giving a welcome boost to a battered pipeline of share sales but the deal is unlikely to open the floodgates, bankers and analysts say, with European listings facing their worst year since 2009. As market volatility persists amid Europe’s...
Credit Suisse Shares Hit Record Low After Report Bank Is Looking to Raise Cash
Date: September 23, 2022
LONDON (Reuters) – Credit Suisse shares dropped to a record low on Friday after a Reuters report said the company is looking to raise fresh cash. Credit Suisse has started sounding out investors for a capital hike for the fourth time in seven years as it attempts a radical overhaul of its investment bank, which...
Exclusive-Credit Suisse Sounds Out Investors About Capital Hike -Sources
Date: September 22, 2022
By Oliver Hirt FRANKFURT (Reuters) -Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the fourth time in roughly seven years as it attempts a radical overhaul of its investment bank. The bank started in recent weeks to speak to investors about the move, the...
UniCredit Focused on “internal Delivery”, Open to M&A in All Its Markets
Date: September 21, 2022
ROME (Reuters) – UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&A opportunities in all the markets where it operates, CEO Andrea Orcel said on Wednesday. Speaking at an event in Rome, Orcel sought to clarify comments that appeared on Tuesday in German newspaper Handelsblatt about...