Thursday 16 December 2021

Reuters Global Investor: HSBC hires Chris Finken for UK investment bank team

HSBC hires Chris Finken for UK investment bank team

HSBC has hired former Nomura banker Chris Finken as a managing director in its UK investment banking coverage team, according to an internal memo seen by Reuters on Thursday.

Bank of England raises interest rate to 0.25%

The Bank of England raised its main interest rate to 0.25% on Thursday as inflation pressures mounted in Britain.

Rescued payments firm Finablr cannot delist in London -FCA

Troubled payments company Finablr has been told it cannot delist from the London Stock Exchange without a vote by its shareholders, Britain's Financial Conduct Authority (FCA) said on Thursday.

Schroders in talks to buy stake in green investor Greencoat

British fund manager Schroders said on Thursday it was in advanced talks to buy a significant stake in renewables investment firm Greencoat Capital.

UK fund manager Schroders in talks to buy 75% stake in Greencoat Capital - Sky News

British fund manager Schroders is in advanced talks to buy a 75% stake for about 360 million pounds ($475.52 million) in Greencoat Capital, which manages solar, wind and other renewables funds, Sky News reported on Wednesday.

Deutsche Bank's M&A business in Q4 extremely strong, executive says

Deutsche Bank's merger and acquisition advisory business in the United States has been "extremely strong" in the fourth quarter, a bank executive said on Wednesday, adding that he was optimistic for 2022.

Banco BPM open to all M&A options, prefers same-size - CEO

Banco BPM has always liked the idea of joining forces with a similar-size rival to create a third large banking group in Italy but is open to assessing all options, Chief Executive Giuseppe Castagna said on Monday.

Bin bags of cash: NatWest fined for dirty money breaches

NatWest has been fined 265 million pounds ($350.9 million) for failing to prevent the laundering of nearly 400 million pounds, in the first criminal money laundering case against a British bank.

British lender Amigo puts potential rescue plans to creditors

British subprime lender Amigo said on Monday it had finalised two potential rescue schemes for the ailing company, which will be voted on by creditors.

JPMorgan set to pay $200 mln fine over staff communications lapse - Bloomberg News

JPMorgan Chase & Co is preparing to pay nearly $200 million to settle U.S. regulatory investigations into lapses over monitoring employee communications, Bloomberg News reported on Friday, citing people familiar with the matter.

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