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Showing 1 - 10 of 110 results for "European Bank"

Investors warned to sell hybrids before phase out

ELIZA BAVIN  |  WEDNESDAY, 26 MAR 2025
As APRA phases out hybrids, and with retail investors holding an estimated 20-30% of the $42 billion sector, Schroders fund manager Helen Mason said now is a good time for investors to consider a new income solution. Mason said the phase out of retail ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... Credit Suisse. "That helped ease fears of the global banking crisis and we saw Credit Suisse shares jump 19.2% with European bank stocks up 1.1% on the back of that news," he said. The liquidity backstop provided by the SNB was complemented by the European ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... surprising results. After analysing some 27,000 meetings between financial advisers and the retail clients of a large European bank in 2021, Tabea Bucher-Koenen, Andreas Hackethal, Johannes Koenen, and Christine Laudenbach found that women bore the brunt ...

Deutsche Bank appoints local chief

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... Glenn Morgan takes the helm as chief executive, a role he's been acting in since July 2020. Morgan has been with the European bank since November 2009, joining as head of Australian equity sales before moving up the ranks to head of equities and now ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... earlier, which would mark the best quarter for European stocks since IBES records began nine years ago" and that, "European bank Q1s show fading concerns about pandemic driven meltdown". This optimism is made manifest by a Bloomberg report (citing SocGen) ...

Pension fund members incur post-Brexit fees

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
The United Nations Joint Staff Pension Fund is investigating why some European banks are now imposing fees on benefit payments in what looks like an unforeseen consequence of Brexit. Some beneficiaries have seen fees of up to €25 charged on their ...

Deutsche Bank slashes global workforce, exits global equities

KARREN VERGARA  |  MONDAY, 8 JUL 2019
... a "difficult period" by overhauling its global operations, resulting in 18,000 employees losing their jobs. The European bank announced overnight it will exit global equities functions of sales and trading, but retain an equity capital markets operation. ...

Ignition lifts off in Ireland

HARRISON WORLEY AND MICHELLE BALTAZAR  |  WEDNESDAY, 12 DEC 2018
... Prasad said. "Meeting the technology innovation needs and compliance standards required to partner with a tier one European bank is a significant milestone for Ignition and demonstrates our commitment to innovation and excellence." The homegrown business ...

Banks feeling heat as MiFID II looms: Liquidnet

ALEX BURKE  |  MONDAY, 4 DEC 2017
The January 3 deadline for the EU's MiFID II regime should serve as a warning for banks offering mediocre bundled research products, according to Liquidnet founder and chief executive Seth Merrin. Speaking to Financial Standard, Merrin said that now ...

EU instos shed banks, set up alternative trading venues

LAURA MILLAN  |  WEDNESDAY, 29 JUL 2015
In a scenario that could be replicated in Australia, higher capitalisation requirements have limited European banks' liquidity and have forced institutional investors to set up alternative trading venues. "The ability for banks to trade and to provide ...
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