LONDON -- Bear, Stearns International Limited has hired Robert Sage as an equity research analyst to strengthen research coverage of the European banking sector. Mr. Sage, a managing director, will cover banks in the UK. He will work alongside European Banks analyst Christopher Wheeler to build upon existing equity research...
Increasing cross-border activity has placed European banks under pressure to improve and expand their credit product portfolio. Until now the credit strategy of European banks has been based mainly on traditional overdraft and loan products. "Th Increasing cross-border activity has placed European banks under pressure...
This article explains how European banks can sustain long-term growth while keeping the costs of expansion under control. While the ability to manage costs varies by country, it is possible for European banks to take a cost-conscious approach to expansion, without resorting to layoffs. Ultimately, banks that keep costs in...
This year has started as another uncertain year for many European banks, against the backdrop of economic problems in several countries. Many banks' earnings should remain affected by higher loan-loss provisions, as well as by lower revenues, owing t This year has started as another uncertain...
The ability to stick to the same tune when speaking to the European Commission EC in Brussels has not been a strong point for banks in Europe. A cacophony of varied, unco-ordinated sounds, yes - but a consistent, melodious message, no. Times, howev The ability to...
This year looks set to be an interesting one for pan-European banks. Key performance issues for 2005 revolve around Europe's macroeconomic environment, exposure to both US and Central and Eastern European CEE markets and the possibility of continue This year looks set to be an interesting...
The proposed Basel II accord, which international banking regulators expect to complete this year, would require banks to improve the way they match their capital reserves with the risks they take. Some European banks have already begun to comply with the draft standards, but banks in emerging markets are lagging...
Over the past 12 months, the credit ratings on Central and Eastern European GEE banks--including those in the Russian Federation, Ukraine and the Republic of Kazakhstan--have been on an improving trend compared with many other emerging and more mat Over the past 12 months, the credit...
European banks have yet to successfully cross-sell property-casualty coverages, although they have been far more effective with life and pension products, depending upon the country, the type of financial institution and the type of policy sold, mark European banks have yet to successfully cross-sell property-casualty...
WHEN America's economy sneezes, the rest of the world catches a cold. A new report from J. P. Morgan suggests that, for a number of European banks, the cold could soon become pneumonia. If America were to experience a recession as bad as that of the ...
This paper examines cost and profit efficiency of large banking firms by defining a common European frontier over the period immediately following the completion of the Single Market Programme in 1992. Despite a slight increase in cost efficiency, country specific characteristics appear to play important roles in the explanation of...
AsiaInfo Services 12-20-2005 S&P Warns European Banks of Risk in Investing in Chinese Banks BEIJING, Dec 20, 2005 SinoCast via COMTEX -- Standard & Poor's, a global leading provider of fund information and analysis, warned tha AsiaInfo Services ...
This article is about the review of the major European banks. Following a series of positive rating actions in the second half of 2003, pressure on the ratings of Europe's largest banking groups has continued to ease in 2004. Among the 20 largest banking groups measured by consolidated equity, 18...
US investment bank Merrill Lynch rated Israeli banks first in value among all the emerging European banks. US investment bank Merrill Lynch rated Israeli banks first in value among all the emerging European banks.
The soft underbelly of the credit markets has been on display recently. With the bond market in retreat for most of the summer, banks did not pick up their historical role as lenders of last resort. The result has been a credit crunch for a wide swath of small and...
Deutsche Bank, UBS Warburg, HSBC and ABN Amro will spend more than any other European banks on information technology, according to a new report from consulting firm Celent Communications.Deutsche Bank will top the list with [euro]3.1bn, while UBS Wa Deutsche Bank, UBS Warburg, HSBC and ABN...
WASHINGTON AP -- The Federal Reserve said Thursday it was making $50 billion available to stabilize the operations of European banks in the United States. It also announced that because of the terrorist attack it was moving its New York operations to New Jersey.
LONDON -- AMVESCAP Chief Financial Officer, Loren M. Starr, will be speaking at 10:30 am GMT on Thursday, March 23, 2006, at the Morgan Stanley European Banks Conference in London. During his presentation, Mr. Starr will also provide an update on the status of AMVESCAP's pending acquisition of PowerShares Capital...