BNP Paribas Q1 Results: Co beats estimates as lower costs offset trading slumpBNP Paribas beat first-quarter profit forecasts on Thursday as lower costs and a robust performance in global banking helped to offset a st...
Fullerton India raises Rs 750 crore equity capital from parent firmThe company is well placed to bounce back strongly and re-connect with customers to assess their needs and provide solutions, Nambiar said.
It’s not looking good for Wall Street bond tradersHigh-yield bond issuance was down 9 per cent month-over-month in November, according to the note.
Released subsidy to GSFC for benefit of farmers: CentreThe Centre provides around Rs 70,000 crore annually as fertilizer subsidy to the manufacturers for selling nutrients at cheaper rates to fa...
JP Morgan tops Asia Pacific investment bank revenueThe bank has earned revenues in 2016 across fixed income, equities, and banking operations. It also ranked first or joint first in every ot...
Fitch upgrade a very good news for the economy: Ajay Mahajan, FICC Capital"The fiscal deficit situation is certainly a lot more in control at least for this year. "
New rules to wipe out $17 billion in bank trading revenue: ReportTheir estimate of $17 billion in lost trading revenue represents 9 percent of sales and trading revenue for global investment banks in 2012.
India’s composition of external liabilities is worsening: Ajay Mahajan, FICC CapitalThe market is broadly expecting next year the CAD to be lower than this year for sure. So, the numbers vary between 4 and 4.5%, more on the...
Commodities revenue of 10 top banks fell 24% in 2012Commodities revenue at the 10 largest banks slumped 24% in 2012, the first drop since at least 2008.
- Revenues from commodity trading at top banks like Barclays, Citigroup, Credit Suisse and others drop
Revenues fell to a combined $2 billion from $3 billion a year earlier, Coalition said in a report.
- Barclays Q1 profit up 29 percent
British bank Barclays PLC reported Friday that profit rose 29 percent in the first quarter due to fewer bad loans, but its share price slum...
- UBS appoints Misra, Psyllidis co-heads of currency unit
UBS AG, Switzerland’s biggest bank in terms of assets, appointed Rajeev Misra and Dimitri Psyllidis as co-heads of fixed-income, currencies...
- 10-year government bond seen trading at 7.35%-7.60%
As the government borrowing programme is almost through with only one scheduled auction left for this fiscal, we expect the bond markets to...
- Reliance gas helps save Rs 4,760 cr in fertilizer subsidy
Reliance Industries' eastern offshore KG-D6 gas has helped fertilizer companies bring down cost of urea production by 18 per cent and has h...
- Adequate liquidity in banking system needed: Kochhar
There is a need to ensure adequate liquidity in the banking system as funding sources overseas have almost dried up, a top banking industry...
- Merrill Lynch appoints Hung as Pacific Rim wealth mgt head
Global investment banking major Merrill Lynch has appointed Antony Hung as the head of wealth management in Pacific Rim region.
- DSP Merrill gets new chief for its fixed income arm
Monish Mahurkar is the new MD and head of Fixed Income, Currencies and Commodities Group (FICC) of DSP Merrill Lynch.