Banking

The European banking Union?

Hans-Werner Sinn asks whether Eurobonds and the formation of a banking union will resolve Europe’s escalating debt crisis

Moody’s downgrades 28 banks

Santander and Bilbao Vizcaya Argentaria are among 28 Spanish banks downgraded because of ongoing sovereign debt

Dutch and Belgian banks downgraded

ING, ABN AMRO and KBC Group, were among the banking groups in Belgium and the Netherlands to be downgraded

The causes of bank mis-selling

James Ducker sheds light on the culture that’s built up behind the industry’s most noxious affairs

Société Générale’s restructuring efforts continue

France’s second largest bank is expected to continue downsizing with further job cuts expected

Jose Garcia Cantera

Banesto might have a difficult time ahead, but the man at the helm might have the right profile to see the bank through

Annika Falkengren

The CEO of SEB brings a lot to the table. With a media-friendly personality and an astute eye for market developments, Falkengren is fundamental to the bank’s future

Britain’s bonus bonanza

Stuart Gulliver, chief executive of HSBC, recently had his £2.1m bonus cut in half following public outcry. Did he deserve his bonus?

Horta-Osorio: Cautious but informed

Returning to Lloyds late last year, the embattled and bonus-free CEO takes the bank into one of the industry’s most volatile periods

Robert Diamond

Diamond’s handling of the bank’s bottom line will determine where the company heads as well as how it is viewed in the future

Stephen Hester

RBS’s embattled chief comes under great pressure as an angry British public turns on big bonuses

German central banker in race row resigns

A German central bank board member who caused outrage with remarks about Muslim immigrants and Jews has resigned after coming under pressure from political leaders including Chancellor Angela Merkel. The Bundesbank said Thilo Sarrazin, 65, who accused Turks and Arabs of exploiting the welfare state, refusing to integrate and lowering the average intelligence, would leave […]

German president raises pressure on divisive banker

German President Christian Wulff has increased pressure on the Bundesbank to dismiss its contentious board member Thilo Sarrazin, arguing that the central bank needed to limit damage to Germany’s reputation. Sarrazin has divided Germany with criticism of the country’s large Muslim community, and outspoken remarks asserting that Jews have a particular genetic makeup, sparking calls […]

Santander to buy SEB’s German retail banking unit

Spain’s largest bank Santander moved one step closer to its goal to be a full service retail bank in Germany with the acquisition of Sweden’s SEB retail banking division, the bank has announced. The €555m ($699.1m) deal comes as Santander attempts to increase its footprint in both Europe, particularly Germany and Britain, as well as […]

Barclays sets up Swiss corp bond syndicate team

Barclays Capital has announced it had set up a new syndicate bond, sales and trading team in Zurich to bolster its presence in the Swiss bond market. “The addition of a Swiss franc bond issuance capability will enable the firm to provide Swiss corporates and other issuers with the full range of bond funding options,” […]

Digital Editions