Edition:
United Kingdom

Steve Slater

EU has 4,600 bankers, asset managers earning over €1m

10 Apr 2018

LONDON, April 10 (IFR) - More than three-quarters of the highest-paid people in banking and asset management in Europe worked in the UK in 2016 even after a big move in exchange rates saw the number of high earners in London drop.

Brexit set to shrink Europe markets revenues, MS chief warns

21 Mar 2018

LONDON, March 20 (IFR) - Europe's capital markets revenues is set to shrink as a result of Brexit, Morgan Stanley president Colm Kelleher warned this week.

Activist Sherborne snaps up 5% of Barclays

19 Mar 2018

LONDON, March 19 (IFR) - Sherborne Investors, a specialist fund led by activist investor Edward Bramson, has bought voting rights of 5.2% in Barclays, ramping up the pressure on the British bank to turnaround its fortunes.

Barclays CIB chief Throsby gets £12.5m of shares

16 Mar 2018

LONDON, March 16 (IFR) - Barclays' investment bank boss Tim Throsby has been awarded shares worth £12.5m, including £9m to compensate him for stock he forfeited when he joined the British bank last year from JP Morgan.

Barclays CIB chief Throsby gets £12.5m of shares

12 Mar 2018

LONDON, March 12 (IFR) - Barclays' investment bank boss Tim Throsby has been awarded shares worth £12.5m, including £9m to compensate him for stock he forfeited when he joined the British bank last year from JP Morgan.

MOVES-JP Morgan hires Wheeler for EMEA oil and gas

09 Mar 2018

LONDON, March 9 (IFR) - JP Morgan has hired Paul Wheeler from Bank of America Merrill Lynch for its oil and gas investment banking team, based in London.

Credit Suisse to issue first Green bond

07 Mar 2018

LONDON, March 7 (IFR) - Credit Suisse plans to issue its first Green bond alongside an initiative by the Swiss bank to step up its activity in finance linked to environmental or climate-related benefits.

StanChart markets revenues slump 31% in Q4

27 Feb 2018

HONG KONG, Feb 27 (IFR) - Standard Chartered's financial markets revenue slumped 31% last quarter as it suffered from the same difficult trading conditions as bigger rivals. The weak performance limited the bank's revenue growth last year to a modest 3%.

NatWest Markets makes Q4 loss as RBS returns to profit

23 Feb 2018

LONDON, Feb 23 (IFR) - NatWest Markets made a £159m operating loss in its core business in the fourth quarter after a 10% fall in income from a year earlier as it suffered from the same "challenging market conditions" that hurt trading at bigger rivals.

Barclays investment bank makes first Q4 loss in three years

22 Feb 2018

LONDON, Feb 22 (IFR) - Barclays' corporate and investment bank made a loss in the final quarter for the first time in three years, as income fell in trading, equities and banking and it took a loss on UK construction firm Carillion.

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