Barclays set to pay £2.4bn in bonuses
British bank Barclays will pay up to £2.4 billion ($4.4 billion) in bonuses to staff for 2013, Sky News said, a year when it asked shareholders for nearly 6 billion pounds to bolster capital, and an 11 percent rise from 2012.
Macquarie adds Nicola Wakefield Evans to board
Updated | Macquarie Group has appointed its fourth female non-executive director to its board, with lawyer and director Nicola Wakefield Evans joining from Friday.
Macquarie fields strong demand for RMBS issue
Macquarie Group is understood to have received orders of as much as $1.2 billion for the year’s first residential-mortgage-backed-security issue, which was kicked off with a target to raise $500 million.
Former Cohen SAC trader found guilty
Updated | A US federal jury convicted Mathew Martoma on insider trading charges, the latest criminal case from a decade-long investigation of Steven Cohen and his SAC Capital Advisors hedge fund.
Morgan Stanley appoints Chambers as new wealth CEO
Morgan Stanley is confident its stockbroking business can achieve management stability and profitability, after its wealth arm churned through five CEOs in as many years.
Credit Suisse misses target over US tax issues
Credit Suisse Group, the second-biggest Swiss bank, posted fourth-quarter profit that missed analysts’ estimates after taking legal provisions related to US tax and mortgage matters.
Foxtel leads News Corp result
The dip in News Corp's Australian papers hasn't been as bad as expected, and Foxtel has grown as customers turn to its cheaper Telstra offering.
M&A
Pos | Name | Value ($m) | No | % share |
1 | Goldman Sachs | 2,714 | 2 | 54.7 |
2 | Scotiabank | 2,305 | 1 | 46.5 |
2 | Credit Suisse | 2,305 | 1 | 46.5 |
ECM
Pos | Name | Value ($m) | No | % share |
1 | UBS | 89 | 1 | 27.6 |
2 | RBC Capital Markets | 88 | 1 | 27.2 |
3 | Morgans Financial Ltd | 47 | 1 | 14.5 |
DCM
Pos | Name | Value ($m) | No | % share |
1 | ANZ | 1,030 | 8 | 16.8 |
2 | TD Securities Inc | 713 | 8 | 11.6 |
3 | RBC Capital Markets | 650 | 6 | 10.6 |
Syndicated Loans
Pos | Name | Value ($m) | No | % share |
1 | ANZ | 333 | 1 | 100.0 |
Subtotal | 333 | 1 | 100.0 | |
Total | 333 | 1 | 100.0 |
Bank of Montreal pays £708m for UK asset manager
In a bid to expand its wealth management offerings in Europe, the Bank of Montreal’s parent company said it would acquire F&C Asset Management of Britain for £708 million.
JPMorgan, Deutsche extend chatroom bans: sources
JPMorgan Chase and Deutsche Bank are extending bans on the use of multi-dealer online chatrooms, sources say, as banks crack down on potentially inappropriate communications.
Lloyds Bank appoints Blackwell new chairman
The Lloyds Banking Group said that Norman Blackwell would become its chairman next year, succeeding Winfried Bischoff, who is scheduled to retire in April.
Block trades hit five-year high
Few deals are riskier for equity capital markets bankers than a block trade. But with placements thin on the ground this year, block trades were the main game for firms to dominate the all-important league tables