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Dow Jones Newswires: RBS to be renamed NatWest Group and cut size of investment bank unit
Royal Bank of Scotland said Friday that it intends to rename itself as NatWest Group and reduce the size of its investment-banking business, as it reported an increased profit for the fourth quarter of 2019......»»
Dow Jones Newswires: RBS to be renamed NatWest Group and cut size of investment bank
Royal Bank of Scotland said Friday that it intends to rename itself as NatWest Group and reduce the size of its investment-banking business, as it reported an increased profit for the fourth quarter of 2019......»»
HSBC reshuffles top investment bank jobs: memo
HSBC has reshuffled the leadership of its investment banking division, according to a memo seen by Reuters on Monday, as Chief Executive Noel Quinn presses ahead with changes at the top despite having last month paused a wider job cut programme......»»
RBS to slash investment bank, rebrand as NatWest
Royal Bank of Scotland's new Chief Executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including radically cutting back the size of its loss-making investment bank and renaming the company NatWest. Edward Baran reports......»»
Top Analyst Downgrades and Upgrades: Barclays, CrowdStrike, Edgewell, Facebook, Funko, RingCentral, Rio Tinto, RBS, Salesforce, WWE and More
Tuesday's included Barclays, CrowdStrike, Edgewell Personal Care, Facebook, Funko, RingCentral, Rio Tinto, Royal Bank of Scotland, Salesforce.com and World Wrestling Entertainment......»»
Bó is go: RBS joins digital banking battle
Royal Bank of Scotland has launched its standalone digital bank Bó, as competition heats up in a fast-growing online financial services market. David Pollard reports......»»
Deutsche Bank"s investment bank chief Ritchie agrees to step down
Deutsche Bank's investment banking chief Garth Ritchie is stepping down, the bank said on Friday as the ailing bank could cut up to 20,000 jobs. Pascale Davies reports......»»
Top Analyst Upgrades and Downgrades: Alkermes, Alphabet, Apple, Conoco, FireEye, Lyft, McDonald’s, RBS, Seagate, Shopify and More
The top analyst upgrades, downgrades and initiations seen on Wednesday included Alkermes, Alphabet, Apple, ConocoPhillips, FireEye, Lyft, McDonald's, Royal Bank of Scotland, Seagate Technology and........»»
French bank SocGen to cut 1,600 jobs in drive to lift profits
Societe Generale plans to cut 1,600 jobs, mainly at its corporate and investment banking arm, in an attempt to boost profits after a poor performance last year, France's third-largest bank said on Tuesday......»»
French bank SocGen plans to cut 1,600 jobs in bid to buoy profits
Societe Generale, France's third-largest bank, unveiled on Tuesday a plan to cut 1,600 jobs, mainly at its corporate and investment banking arm, in a bid to buoy profitability after last year's poor performance......»»
Deutsche Bank likely to axe 1,000 U.S. investment bank jobs: source
FRANKFURT (Reuters) - Deutsche Bank is expected to cut around 1,000 jobs or 10 percent of its workforce in the United States, a person familiar with the matter said on Friday, as the German lender scales back its global investment banking ambitions......»»
RBS to cut 792 jobs, close 162 branches in Williams & Glyn cull
LONDON (Reuters) - Britain's Royal Bank of Scotland is to cut around 792 jobs and shutter 162 branches following a review of its branch network in England and Wales, the state-backed lender said on Tuesday......»»
Royal Bank of Scotland Branch Closures to Affect 792 Jobs
Royal Bank of Scotland (RBS) marks the .....»»
Deutsche Bank is axing 7,000 investment banking jobs
REUTERS/Ralph Orlowski Deutsche Bank is cutting its global headcount to below 90,000 from its current 97,000 level. Equities sales and trading headcount is being cut by .....»»
Britain could sell 10 percent stake in RBS as soon as this week: Sky News
LONDON (Reuters) - Britain could sell a 10 percent stake in Royal Bank of Scotland as soon as this week, Sky News reported on Monday, citing banking sources......»»
Britain takes around $2.66 billion loss on RBS share sale
LONDON (Reuters) - Britain's government sold 7.7 percent of Royal Bank of Scotland shares for 2.5 billion pounds ($3.33 billion) on Tuesday, realizing a loss of more than two billion pounds on part of its investment in the lender it rescued in 2008......»»
UK takes £2.1bn loss on RBS share sale
Britain's government sells 7.7 percent of Royal Bank of Scotland shares for 2.5 billion pounds ($3.33 billion), realising a loss of more than two billion pounds on part of its investment in the lender it rescued in 2008. Ivor Bennett reports......»»
RBS Braces for No-Deal Brexit, Seeks German Banking License
Royal Bank of Scotland's (RBS) move to get hold of a banking license will allow the company to freely trade across the bloc, post Brexit. .....»»
Societe General plans to cut thousands of jobs at investment bank: Bloomberg
French bank Societe General SA is planning to cut thousands of jobs at its global banking and investor solutions unit, as it looks to offset cost pressure from regulation, Bloomberg reported on Friday, citing people familiar with the matter......»»
Chinese agencies are charging students more than $12,000 to land coveted Wall Street banking internships
One Beijing-based agency said it charges students $12,000 to land a job at Goldman and $9,000 for a shot at Chinese investment bank .....»»