Western Europe
LATEST ARTICLES
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Prospects for a European deposit insurance scheme (EDIS), together with technology, allow a relatively upbeat assessment on bank merger opportunities, according to Société Générale CEO Frédéric Oudéa.
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Barclays doesn’t want Tim Throsby’s exit to be about Tim Throsby, but it is.
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Little confidence profit warning relates to one-off; cost cuts not enough to compensate.
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The bank confirms focus on transaction banking by strengthening ties with its investment banking unit through new appointments.
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Bundling FX and non-FX services has become an established strategy for smaller prime brokers seeking a foothold in a market where the barriers to entry remain dauntingly high.
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The rationale to accelerate cuts in its US investment bank is obvious, but an orderly withdrawal will be hard to execute.
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Will Société Générale’s ambitions to become a transaction banking frontrunner be cut short without a unified vision?
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Automating debt and equity new issues comes a step closer with $20 million funding round for a new regulated platform.
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Back-office hubs are at greater risk than London.
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Disastrous fourth-quarter results cast a long shadow over Société Générale’s business, especially its corporate and investment bank. Deputy chief executive Séverin Cabannes has given up on fixed income. But is his plan to refocus on core strengths enough to reverse its fortunes?
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After disastrous fourth-quarter results, Société Générale’s growth and profitability targets lie in tatters. Read on for a guide to Dominic O’Neill’s report on Séverin Cabannes’ efforts to refocus the corporate investment bank he leads, and whether or not this can recoup the group’s credibility.
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Features Analytics applies artificial intelligence developed for medical use to spotting capital markets manipulation.
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The Greek banks’ bad debt reduction targets look eye-wateringly ambitious for a country that is only just getting to grips with a coordinated strategy to deal with the issue.
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Option trading has grown, while forwards and swaps have fallen.
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Banks talk a lot about being technology providers, but while concrete examples are rare, ING has built something useful for bond investors.
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UniCredit lifer and top Italian speaker to step down as number two; Khayat and Bisagni take wider commercial roles as Burton becomes CIB head.
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Its 2018 results look bad, but the bank insists it is still on track for success.
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A string of due-diligence shortcomings enabled the international fraud that sapped investor confidence in once-booming London-listed oil firm Afren – and has also now led to jail time for its two top executives. What lessons can the banking industry learn from the failings laid bare in the court proceedings?
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A recent criminal trial in London has revealed how banking negligence enabled a multi-million dollar fraud at the now defunct oil company Afren. Read on for a guide to Olivier Holmey’s feature in the February issue of Euromoney examining the errors made and what the financial sector can learn from them.
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The ability of AI to help retail FX brokers is quickly moving from the theoretical to the practical; the result should be better operational efficiency and better trader services.
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Branch closures in the name of digitalization, on top of wider woes in the retail sector, could exacerbate the kind of community breakdown that led to Brexit.
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CEO says bank liquidity and lavish social spending hamper capital markets development.
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Harsher-than-expected 100% coverage deadlines; no ‘significant’ impact on capital, insist banks.
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A new strong customer authentication (SCA) regulation being introduced in September will change the payments landscape for online merchants amid a race for the most frictionless customer experience.
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Greenfield start-ups embedded within the core business might be the best way for banks to address their legacy infrastructure problem.
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The operators of FX platforms deny that credit management has failed to keep pace with the development of automated trading – but they do acknowledge that the process could be more efficient.
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Berlin alone cannot change the costly quirks of Germany’s state-owned corporate banks.
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The rules of engagement between incumbents and fintech suppliers of new products, which banks then white-label to their customers, need review.
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Having tested HSBC FX Everywhere on internal payments, the bank now aims to provide it as a platform service to clients.
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Restructuring shows vulnerability of highly indebted firms as cycle turns.