Citigroup and Guy Hands set for courtroom showdown
By New Statesman - 27 September 13:14

Hands alleges that Citigroup tricked his company into buying EMI for £4bn in 2007.

HSBC top brass in management shake-up
By New Statesman - 24 September 13:56

HSBC's bank chairman is stepping down earlier than expected.

Singapore Exchange enhances Securities Borrowing and Lending service
By New Statesman - 24 September 11:46

With the enhanced service, over 80% of the total listed stocks on SGX Mainboard and Catalist are now

AQR Capital selects JP Morgan for fund administration services
By New Statesman - 24 September 11:38

AQR manages $27bn in assets of institutional investors located in US, Europe, Australia and Asia.

Bank mortgage approvals fall for a third month
By New Statesman - 23 September 14:33

The value of home loans granted last month dropped 7.2 per cent to £4.7bn ($7.4bn), a 15-month low.

ANZ China receives regulatory approval to commence operation in China
By New Statesman - 23 September 13:49

ANZ will commence operations in China on 1 October of this year.

EIB, UniCredit sign loan agreements to support SMEs, environmental projects
By New Statesman - 22 September 15:25

The agreements are intended to allow investment into small and medium Italian businesses.

Lloyds' chief executive to retire next year
By New Statesman - 21 September 14:39

The decision comes just months after he dismissed any plans of retirement.

FSA enters into cooperation agreement with FINRA
By New Statesman - 21 September 14:20

The agreement establishes a strong framework for enhancing the ability of the FSA and FINRA to overs

Citigroup to sell student loan business to Discover Financial, Sallie Mae
By New Statesman - 21 September 14:14

Discover paid $600m and Sallie Mae paid $1.2bn in the deal.

Banks vie for roles as Santander nears IPO
By New Statesman - 17 September 15:41

Recent agreements and purchases now mean that Santander has the fourth largest branch network in the

China blocks Visa from starting new business post Unionpay dispute
By New Statesman - 17 September 15:25

The year-long dispute continues to impinge on Visa's activities in China.

JP Morgan enhances regulatory reporting services for money market funds
By New Statesman - 17 September 15:20

The move comes in order to comply with revised 2a-7 requirements.

Former employees accuse Goldman Sachs of gender discrimination
By New Statesman - 16 September 15:10

Claim that an "unchecked gender bias" denied female employees opportunities and commensurate pay.

Openwork to acquire 2plan Wealth Management
By New Statesman - 16 September 13:22

Openwork will take over the entire firm, including Standard Life's 15 per cent stake.

Gold soars on investor worries over strength of world economy
By New Statesman - 15 September 15:11

Investors are set to move away from assets such as currencies and towards gold.

Trillium Brokerage fined illicit high frequency trading strategy
By New Statesman - 15 September 12:24

Trillium Brokerage Services have been hit with a $1m fine.

BNP Paribas reorganizes securities services division
By New Statesman - 15 September 12:16

The banking group will split its securities division into four separate lines.

Credit Suisse to acquire minority interest in York Capital Management
By New Statesman - 15 September 12:12

The Swiss banking giant will pay an initial $425m for the interest.

Citi introduces new regulatory administration, compliance services
By New Statesman - 14 September 13:06

The new services are aimed at hedge funds and private equity funds.

Helvetia Wealth acquires Dunedin Independent
By New Statesman - 14 September 12:43

The Swiss asset management firm has taken over the Scottish financial adviser for £4m.

Deutsche Bank to submit voluntary public takeover offer to Deutsche Postbank
By New Statesman - 14 September 12:38

The banking group current holds 29.95 per cent of all Deutsche Postbank shares.

JP Morgan introduces new Endowments & Foundations advisory
By New Statesman - 14 September 12:32

The new group will focus on the US endowment and foundation market, worth nearly $1tn.

Deutsche Bank to raise €9.8bn for Postbank takeover
By New Statesman - 13 September 14:30

Deutsche Bank is looking to reduce its dependence on investment banking.

Bankers agree on Basel III rules to raise capital reserves
By New Statesman - 13 September 14:26

The new rules require banks to have larger amounts of capital in reserve.

FSA fines Goldman Sachs £20m
By New Statesman - 09 September 14:13

Sachs fined for failing to report that an employee was being investigated by the SEC.

Anglo Irish Bank to be split
By New Statesman - 09 September 14:08

The move is meant to assure international lenders that the Irish government is dealing with its debt

Mitsubishi UFJ to purchase stake in Chinese fund firm from BNP Pariba
By New Statesman - 09 September 13:17

The deal is reportedly worth $100m.

BNP Paribas CIB reorganizes Global Equities, Commodity Derivatives business
By New Statesman - 09 September 13:13

The move comes as part of the bank's strategy to become a key player in the equities and commodity d

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