investment-banking
Top StoriesDeutsche Bank Extends Profit Streak in Q2 but Warns on Economy
Top StoriesUBS Shares Drop as Q2 Disappointment Flags Challenging Rest of Year
Top StoriesUBS Set for Challenging Second Half After 2nd Qtr Disappoints
Top StoriesAnalysis-Europe’s Banks Brace for Bumpy Ride After Cheap Money Decade
HSBC Agrees Deal to Sell Russian Unit to Expobank
Date: July 21, 2022
By Lawrence White LONDON (Reuters) -HSBC has agreed to sell its Russia business to Expobank, signing a deal shortly before Moscow said it would move to block the sale of foreign banks’ Russian businesses in retaliation for restrictions imposed on its own lenders. “Following a strategic review, HSBC has signed an agreement to sell 100%...
Emirates Airline Sees Air Travel Equilibrium in 2023
Date: July 18, 2022
By Tim Hepher FARNBOROUGH, England (Reuters) -The president of Dubai’s Emirates, which has clashed with London’s Heathrow over the introduction of a capacity cap, said on Monday a disrupted air travel industry would return to equilibrium in 2023 and must “tough it out” until then. Tim Clark, speaking at an event at the Farnborough Airshow,...
Analysis-Spirit Airlines Winning Bidder May Need Years to Recoup Price Tag
Date: July 12, 2022
By Angelique Chen, Anirban Sen and David Carnevali (Reuters) – The bidding war for Spirit Airlines Inc between Frontier Group Holdings Inc and JetBlue Airways Corp may leave the acquirer taking years to earn back their investment. JetBlue’s latest cash-and-stock bid values Spirit at $3.7 billion, while Frontier’s latest cash-and-stock bid, which Spirit recommends its...
Ento Capital Wins Prestigious Award in the 2022 Global Banking & Finance Awards®
Date: June 27, 2022
Ento Capital Management Ltd (Ento Capital) a trusted adviser in asset management, investment banking and private equity has won the 2022 Global Banking & Finance Awards® for Asset Management Company of the Year UAE 2022 Since 2011, the Global Banking & Finance Awards® have honoured companies that stand out in particular areas of expertise in...
Exclusive-Barclays Veteran Trader Nat Tyce to Leave Bank – Memo
Date: June 16, 2022
By Sinead Cruise and Andres Gonzalez LONDON (Reuters) -Barclays Head of Macro Trading for EMEA and Asia Pacific, Nat Tyce, is leaving after more than 25 years, a staff memo seen by Reuters shows, after transforming the trading unit into one of the bank’s highest-flying divisions. The memo, which was signed by the bank’s macro...
Citi Snaps up Three Tech Bankers From Rivals to Boost Software Coverage
Date: June 14, 2022
By Krystal Hu (Reuters) – Citigroup has poached three veteran tech bankers from Credit Suisse Group AG and Barclays, as it doubles down on expanding the software franchise, according to memos seen by Reuters on Tuesday. Dan McDow, who led global software investment banking at Credit Suisse, left the Swiss lender after 16 years. Based...