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GC Asia
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Syndicated loans, bonds boost Cred Ag earnings
Crédit Agricole emphasised high levels of activity in syndicated loans and fixed income, especially among French clients, as it revealed a strong set of quarterly earnings on Friday.
07 May 2021 -
Equities, asset finance propel SG earnings
Société Générale posted impressive earnings on Thursday. Like other banks, it had hyperactivity in equities to thank in part for the robust quarter, though the French firm also pointed to a boom in energy, infrastructure and other asset-based financing activities.
06 May 2021 -
Machenil fields prime brokerage queries on BNPP call
BNP Paribas announced strong quarterly earnings last week, bolstered, like many banks, by activity in equities. But some analysts were more interested in the French firm’s acquisition of Deutsche Bank’s prime brokerage unit, in the wake of the Archegos Capital affair.
05 May 2021 -
Barclays almost quadruples ECM revenues
Barclays announced pre-tax profits of £2.4bn on Friday, beating expectations thanks in part to its best ever quarter in equities, including derivatives and equity capital markets.
04 May 2021 -
NatWest beats expectations but markets revenues ‘normalise’
NatWest Group recorded a loss at its investment bank on Thursday, after climbing down from the dizzying heights of last year’s first quarter profits. The weaker numbers weighed on the performance of the group, but the bank still managed to breeze past market expectations.
29 Apr 2021 -
Investment bank propels Deutsche to strong quarter
Deutsche Bank’s investment banking group was among the best performers in a strong all-round quarter for the German firm.
28 Apr 2021 -
UBS hit by bigger than expected Archegos loss
The first quarter results for UBS’s investment bank looked much like a repeat of rival Credit Suisse’s earnings last week, with strong underlying performance marred by a loss stemming from former prime brokerage client Archegos Capital.
27 Apr 2021 -
HSBC eyes bolt-on M&A in Asia wealth management
HSBC is mulling bolt-on acquisitions in wealth management, primarily in Asia, after capital was freed up by a favourable reassessment of credit losses stemming from the coronavirus pandemic.
27 Apr 2021 -
Mo' money, mo' problems: crises obscure bumper IB haul at CS
Revenues at Credit Suisse’s investment bank are up 80% year-on-year amid a boom in capital markets business, but the fallout from the firm’s dealings with Archegos Capital and Greensill Capital meant that the group reported a net loss of Sfr252m (€476m).
22 Apr 2021 -
Spac boom drives US banks to Q1 record
US investment banks have set a high bar for their European rivals by posting record revenues powered by a boom in capital markets underwriting.
15 Apr 2021
