Brace, brace: Geneva banks get ready for harsh 2017

A great damage has been inflicted upon the Swiss competitive spirit by the strong franc, but Yves Mirabaud, president of the Geneva Financial Center,...
JP Morgan

O’Grady to run a new credit team at JP Morgan

LONDON, August 16 (IFR) – JP Morgan has built a credit product development team, which will be subordinated to Ryan O'Grady, presently co-runner of...

Old Mutual expects the costs of closing London base to reach £65m

The group stated it will incur a loss of between £50m and £65m for shutting down its head office and cutting off operations in...
Barclays Bank

The Mighty 100: Barclays on hiring spree for private banking push

Barclays is to hire 100 staff for its private banking arm in a bid to to add more wealthy clients to its books. According to Reuters, the...

Deutsche Bank seeking alternatives to cash bonuses

  People familiar with the matter reported that Europe’s largest investment bank Deutsche Bank AG is seeking alternatives to paying bonuses in cash as Chief...
Frank Breitenbach

Breitenbach: Vollgeld will revolutionise the money

It is an old theory that getting a new incitement in Europe as populism would give political gains and anxiety increases concerning the steadiness...
Theresa May May is forced to pull the Brexit trigger

Britain as the most unfavoured region for investments

Institutional equity investors are taking their cash out of the UK at the speed of light as they now consider Britain to be "most...

Deutsche Bank mulls float of asset management arm

Deutsche Bank is not yet ready to make any drastic decisions and any deal is very unlikely to happen sooner than the first half...
Holly MacKay

Holly Mackay: What does the Bank of England interest rate cut mean for you?

Today the Bank of England has decided to take on the role of a supportive friend following Brexit with a 0.25% rate cut and...

UBS estimates pound to resurrect in 2017

The pound has been fluctuating ever since the UK voted to exit from the European Union in June, and has shown one of the...

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