Banking Services (TRBC)

Wells Fargo planning its first post-crisis mortgage bond: Bloomberg

Wells Fargo planning its first post-crisis mortgage bond: Bloomberg

Published 05/10/2018

(Reuters) - Wells Fargo & Co (WFC.N) is planning its first post-crisis offering of bonds tied to U.S. home loans without government backing, Bloomberg reported [more…]

HSBC first-half pretax profit rises 4.6 percent, second quarter…

HSBC first-half pretax profit rises 4.6 percent, second quarter…

Published 06/08/2018

HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) said on Monday its pretax profit rose 4.6 percent for the first half of the year, as [more…]

NYSE-owner ICE to launch new fixed income ETF platform

NYSE-owner ICE to launch new fixed income ETF platform

Published 02/08/2018

(Reuters) - Intercontinental Exchange Inc is partnering with BlackRock Inc on a new fixed income exchange-traded fund execution platform to open next year, the owner [more…]

Wells Fargo looks to sell its Eastdil Secured real-estate division:…

Wells Fargo looks to sell its Eastdil Secured real-estate division:…

Published 26/07/2018

(Reuters) - Wells Fargo & Co (WFC.N) is exploring a sale of its Eastdil Secured real-estate division, the Wall Street Journal reported on Thursday, citing [more…]

UK’s Centricus teams up with Chinese firms to set up $15 bln tech fund

UK’s Centricus teams up with Chinese firms to set up $15 bln tech fund

Published 01/07/2018

(Reuters) - London-based investment firm Centricus has partnered with Chinese firms China Merchants Group and SPF Group to launch a 100 billion Chinese yuan ($15.11 [more…]

Bulgaria aims to enter euro ‘waiting room’, EU bank union on same day

Bulgaria aims to enter euro ‘waiting room’, EU bank union on same day

Published 29/06/2018

SOFIA (Reuters) - Bulgaria aims to join the EU’s banking union on the same day it enters the “waiting room” for euro zone membership, where [more…]

Merkel aide rejects conservative critique of euro reforms

Merkel aide rejects conservative critique of euro reforms

Published 24/06/2018

BERLIN (Reuters) - Chancellor Angela Merkel’s agreement with French President Emmanuel Macron on euro zone reforms does not violate the coalition agreement, as some Bavarian [more…]

Britain’s small banks ripe for takeover as CYBG and Virgin Money…

Britain’s small banks ripe for takeover as CYBG and Virgin Money…

Published 04/06/2018

LONDON (Reuters) - Shares in lender CYBG rose as much as 3 percent on Monday after it announced a revised bid for rival Virgin Money [more…]

Deutsche Bank looks to cut 10,000 jobs to reduce costs: source

Deutsche Bank looks to cut 10,000 jobs to reduce costs: source

Published 23/05/2018

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) plans to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce [more…]

Italy must present Monte dei Paschi exit plan by 2019: CEO tells paper

Italy must present Monte dei Paschi exit plan by 2019: CEO tells paper

Published 21/05/2018

MILAN (Reuters) - Italy must present the European Commission with a plan for its exit from lender Monte dei Paschi (BMPS.MI) by 2019, Chief Executive [more…]