03/21/2012

Deutsche top Europe commodity bank, beats Barclays

Both banks have been battling in recent years to challenge the supremacy in lucrative commodities by U.S. investment banks Goldman Sachs, JP Morgan and Morgan Stanley , which hold the top three global positions.

03/21/2012

BNP Paribas plans trade finance fund this year

BNP Paribas is planning to launch a fund this year to drum up new liquidity for trade finance, Jacques-Olivier Thomann, the managing director of the bank's Geneva office, said on Tuesday.

03/19/2012

SVG Capital faces a shareholder revolt

This week SVG chairman Nicholas Ferguson surprised the market by stepping down, with insiders suggesting there was an entrenched feud with Mr Coller at the heart of the decision.

03/19/2012

Norway's sovereign fund reports $15-billion loss

The $600-billion fund, which invests the Norwegian state’s tax revenues from oil and gas activities abroad, suffered its third-worst result in percentage terms since its inception in 1998, declining 2.5 per cent.

03/19/2012

Metro Bank seeks £150m for expansion

The lender is due to open its eleventh branch in High Wycombe, Buckinghamshire, tomorrow, and has plans for a further nine branches this year and 200 branches over the next decade.

03/15/2012

Ulster Bank to offload State Street HQ

STATE STREET bank’s Irish headquarters in the south Dublin docklands is expected to be offered for sale as part of Ulster Bank’s disposal of €1 billion of distressed property loans over the coming months.