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◆ New CEO revamps HSBC to be leaner and meaner ◆ What markets think of idea to make UK water sector non-profit ◆ The swap spread dynamic hammering SSA bonds
Bank’s restructuring will improve the fortunes of its investment banking business while also allowing the group it to navigate geopolitical tensions
New chief executive makes first reorganisation with some senior bankers understood to be leaving
Spanish bank sees ‘strategic rationale’ in being in Brazil as it looks to up wholesale banking revenues
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◆ UniCredit and Orcel quackers for Commerzbank ◆ Draghi aims his bazooka at CMU ◆ A new dawn for corporate hybrid capital
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First look at what figure a combined Uni-Commerz would cut in investment banking
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Deal would lead to heavy cost cuts, but could create strong competitor
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South African bank’s formula has enabled it to survive savage consolidation, and it aims to emerge a winner
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As in Mustier’s day, Commerz ― and European banking sector ― are in play
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Conflict of interest is early test for Deutsche Numis and illuminates nature of broking relationships