sections

Thursday, 23 May 2019

Bank strategy and results

EU tightens regulatory noose on London banks

IFR 2284 18 May to 24 May 2019

Proposals approved by European Union leaders last week will make it likely major investment banks will locate more of their European business outside the UK once it leaves the EU.

Goldman ramps up in South Africa, Japan

IFR 2284 18 May to 24 May 2019

Goldman Sachs is ramping up its presence in South Africa and plans to offer onshore fixed income and foreign exchange products, and has teamed up with Investec for equities trading.

Ex-JPM banker charged with bribery

Hong Kong charges ex-JPM banker with bribery

IFR 2284 18 May to 24 May 2019

JP Morgan’s former vice-chair of Asia investment banking has become the first person to face criminal charges in Hong Kong over the bank’s “Sons and Daughters” programme that connected potential hires to investment banking opportunities.

New CDS lowers Deutsche Bank default protection costs

IFR 2284 18 May to 24 May 2019

The cost of default protection on Deutsche Bank declined sharply last week following the introduction of new derivatives contracts used to insure against German bank debt defaults.