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HSBC eyes India expansion as rivals retreat

by Nehad Kenanie | Mar 6, 2017 | India, Operations, Uncategorised

(6 March 2017 – India) HSBC is preparing to wrest market share in India as its multi­national rivals shrink into their home markets. The UK­based lender is banking on its global network and relatively good capital position to increase exposure to large...

Transaction banking acquisitions on the cards for BNP Paribas

by Nehad Kenanie | Mar 6, 2017 | Europe, France, Operations, Transaction Banking, Uncategorised

(6 March 2017 – Europe) A senior executive at French bank BNP Paribas has said it would take over another cash management and trade finance business in Europe if the opportunity arose.Jacques Levet, head of transaction services for Europe, Middle East and Asia,...

Deutsche planning major reorganisation

by Nehad Kenanie | Mar 6, 2017 | Europe, Executive Changes, Germany, Operations, Transaction Banking, Uncategorised

(6 March 2017 – Europe) Deutsche Bank plans to raise capital, list its asset management business and overhaul its business structure as it tries to reinvent itself after spending two years dealing with its past misdeeds and huge losses.The strategic revamp,...
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