Bank Strategy

  • BNPP creates global banking unit in Apac

    BNPP creates global banking unit in Apac

    BNP Paribas has created a new global banking division in Asia Pacific, a move that brings the structure of its business in the region in line with its international operations, GlobalCapital Asia has learnt.

  • Peel Hunt gains muscle as Santander shakes up UK ECM

    Peel Hunt gains muscle as Santander shakes up UK ECM

    Santander’s equity capital markets tie-up with Peel Hunt finally provides it with the entry into the UK that it has been seeking while giving the UK broker the firepower to compete with the biggest banks ahead of its planned listing, writes David Rothnie.

  • Peel Hunt and Santander combine for big UK ECM deals

    Peel Hunt and Santander combine for big UK ECM deals

    UK broker Peel Hunt and Santander have joined forces to do deals for UK corporate clients seeking to raise equity capital. Peel Hunt will now have the firepower of Santander’s balance sheet to be able to underwrite both primary and secondary transactions for its large UK clients.

  • Piraeus covers capital raise to clean up NPL portfolio

    Piraeus covers capital raise to clean up NPL portfolio

    Piraeus Financial Holdings, the Greek holding company which owns Piraeus Bank, has launched a capital raise to give it the firepower needed to offload non-performing loans and has already secured enough demand on one morning of book-building to cover the deal.

  • Citi to boost wealth management business in Apac

    Citi to boost wealth management business in Apac

    Citi is planning to hire around 2,300 people to support the expansion of its wealth management business in Asia Pacific, as the bank undertakes a restructuring that boosts focus on its four wealth centres.

  • Goldman offers lenders UK mortgage warehousing

    Goldman offers lenders UK mortgage warehousing

    Goldman Sachs has been offering UK specialist lenders terms for mortgage warehouses, in a radical shift in securitized products strategy for the US investment bank, which has concentrated most of its recent primary markets efforts on principal deals. The move puts it into competition with commercial banks with bigger balance sheets and cheaper capital, but could send waves through the sector.

  • HSBC GBM to double down in Asia, Middle East

    HSBC GBM to double down in Asia, Middle East

    HSBC's global banking and markets division (GBM) plans to invest in Asia and plug more than half its risk-weighted assets (RWAs) in the Apac region and the Middle East by 2022, the bank outlined when reporting its full-year results on Tuesday. Meanwhile, in the final three months of last year, global banking revenues fell year-on-year, but proceeds from equities more than doubled.

Bank Strategy News Archive