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In Greek mythology, Cerberus was the three-headed dog that prevented the dead from leaving the underworld. The arrival of its financial namesake, Cerberus Capital Management, as a major shareholder in [...]

Deutsche Bank's jitters have revived memories of 2008. As in that turbulent autumn eight years ago, investor confidence in one of the world's largest lenders has been shaken. Deutsche's share [...]

HSBC shares are being weighed down by fear of the future. The global lender thinks it can bolster returns even as its balance sheet shrinks. That is why it increased [...]

China's economic slowdown is exposing the debt debris in its banking sector. Shaky credits on the balance sheets of the country's four biggest lenders jumped by 28 percent to 592 [...]

HSBC keeps going back in time. Four years after the bank's chief executive, Stuart Gulliver, started pruning the global bank, he has unveiled plans to cut risk-weighted assets by a [...]

HSBC's revival is overshadowed by its existential angst. Higher investment banking revenue and fewer bad loans helped bolster first-quarter results at the global bank, offering a welcome respite from restive [...]

An ''orderly succession plan balancing stability with fresh perspective.'' That's how Standard Chartered described the boardroom clearout that led to the departure of its chief executive, its Asia head, its [...]

Call it ''G-Sifi envy.'' International regulators have decided to designate 29 banks as global systemically important financial institutions, or G-Sifis. That will introduce this new competitive dynamic to international finance [...]

For public relations professionals, the protesters in Zuccotti Park in Lower Manhattan must inspire mixed feelings. The location works, and the crowd makes for good television, but crunchy sound bites [...]

The crisis of 2008 is repeating itself in reverse. Three years ago, European governments stepped in to save the banking sector. Today, the euro zone's indebted sovereigns are threatening to [...]

Wall Street banks have recently been in a league of their own when it comes to rewarding executives despite poor performance. But by granting safety bonuses, Transocean, the deep sea [...]

The ''too big to fail'' problem among banks will be partly fixed in 2011. Global regulators are expected to reach an agreement that would make a select group of megabanks [...]

It's not every day that the barons of the buyout industry find themselves on the shorter end of a sweet deal. But that's arguably the case in the turnaround of [...]

A Dual Strategy At Deutsche Bank Deutsche Bank is killing two birds with one cash call. The official reason for the planned rights issue of 8 billion to 9 billion [...]

Research In Motion's future looks bleak. R.I.M., which makes the popular BlackBerry devices, has had a traditional stronghold in sales to American companies. But that has been cracked open. Apple [...]

James Gorman, the Morgan Stanley chief executive, failed to deliver blowout earnings in his first quarter running the bank. Trading and investment banking revenue, for example, was largely below that [...]

Byline: Peter Thal Larsen AFTER their spectacular failures, it's no surprise that bankers are looking externally for tips on risk management. Airlines and drug companies are among those that have [...]

Speeches by central bankers tend to be dry affairs. For this reason alone, remarks by Andrew Haldane, the Bank of England's executive director in charge of financial stability, deserve attention. [...]

What is an acceptable return on equity for a bank? That question is likely to dominate the debate among executives, investors and regulators in the 2010. After the spectacular losses [...]

An Ill-Considered Windfall Tax A windfall tax should meet two tests: Raise a meaningful amount of cash and be clearly viewed as a one-time charge. The tax that the British [...]

Experienced bankers are being sought by the Treasury to oversee the [pounds sterling]585bn of troubled bank debt that the government has agreed to insure as part of its scheme to [...]

banks Perella Weinberg Partners, the investment banking boutique, has continued its recent hiring spree by recruiting Robert Maguire, a veteran banker specialising in the energy industry. Mr Maguire, who will [...]

banks Santander yesterday retreated from Venezuela after its local subsidiary was nationalised by Hugo Chavez, the country's president. The Spanish bank said it had agreed a deal to sell its [...]

Standard Life chief takes on key role 'Good progress' on other appointments Royal Bank of Scotland has continued the overhaul of its board by appointing Sir Sandy Crombie as a [...]

Standard Life chief takes on key role 'Good progress' on other appointments Royal Bank of Scotland has continued the overhaul of its board by appointing Sir Sandy Crombie as a [...]

One of Germany's best-known investment bankers is joining Perella Weinberg, the advisory boutique, as a partner. Stefan Jentzsch, who stepped down as head of the corporate and investment banking arm [...]

Sir Victor Blank to quit before June 2010 Investor pressure over tie-up takes its toll Sir Victor Blank will step down as chairman of Lloyds Banking Group before June 2010, [...]

The Belgian government was again called to prop up its banking sector yesterday, offering state guarantees to KBC to contain the risk of toxic assets on the bank's balance sheet [...]

BANKS HSBC yesterday sounded a cautious note about the recent recovery in the banking sector as a combination of low interest rates and higher bad debt charges dented its first-quarter [...]

News analysis Much-maligned division delivers huge boost to income, write Jane Croft and Peter Thal Larsen Royal Bank of Scotland's headlong expansion into investment banking through the acquisition of Dutch [...]

UK taxpayer likely to shoulder debt sooner Analysts say Lloyds charges to hit [pounds sterling]20bn British taxpayers could be on the hook to shoulder future bad-debt losses at Lloyds Banking [...]

Administration sees regulators in vanguard Reluctance to be seen to interfere in banks The Obama administration wants to avoid playing an activist role as a bank shareholder after its stress [...]

banks News analysis Losses are set to rise as customers default on loans, say Jane Croft and Peter Thal Larsen Lloyds and Barclays yesterday announced a significant rise in bad [...]

The sharp deterioriation in the UK economy was underscored in the results of two of its largest banks yesterday as both Lloyds Banking Group and Barclays predicted a sharp increase [...]

banks News analysis A report calls for lenders to consider full-time expert non-execs, writes Peter Thal Larsen Every Wednesday morning at 9.30am, five BBVA board members gather at the Spanish [...]

Banks Barclays promised to increase loans to customers by [pounds sterling]11bn ($16bn) this year at the start of the UK bank's annual meeting, where shareholders registered their disapproval with the [...]

Banks 16% oppose Agius reappointment Barclays promised to increase loans to customers by [pounds sterling]11bn this year at the start of the bank's annual meeting, where shareholders registered their disapproval [...]

banks Pactual to be sold back to founders Move trims bank's balance sheet UBS's new management yesterday took a first big step to trimming the balance sheet and redeploying capital [...]

BANKS When John Varley and Marcus Agius take the stage at Barclays' annual general meeting in a fortnight, the chief executive and chairman of the UK banking group will be [...]

News analysis Despite a recent revival in fortunes it is probably still too soon for Barclays to declare victory, writes Peter Thal Larsen When John Varley and Marcus Agius take [...]

BANKS When John Varley and Marcus Agius take the stage at Barclays' annual general meeting in a fortnight, the chief executive and chairman of the UK banking group will be [...]

BANKS News analysis It is still too early to celebrate after completion of the rights issue, says Peter Thal Larsen HSBC's record rights issue was formally completed yesterday with the [...]

FSB agenda Central banks and regulators are to draw up detailed plans for dealing with large international banks that get into trouble. The move is part of efforts to limit [...]

BANKS Andy Hornby, former chief executive of HBOS, has given up additional pension payments worth hundreds of thousands of pounds in an effort to escape a public hounding similar to [...]

Goldman Sachs could have claimed a [pounds sterling]4m 'success fee' for its advice to the Treasury on Northern Rock even though the failing mortgage bank was nationalised, writes Peter Thal [...]

FSA chairman tries to seize initiative Report suggests global responses Britain's main financial regulator yesterday launched a bold attempt to seize the initiative in the debate over the future of [...]

News analysis The FSA was at the forefront of light regulation. Now it is rewriting the rules, says Peter Thal Larsen Lord Turner's report on the response to the global [...]

News analysis Lord Turner's review will only succeed if other countries follow his lead, says Peter Thal Larsen Lord Turner's report on the response to the global banking crisis represents [...]

'Buoyant' activity in corporate banking Chairman flags up other 'positives' Royal Bank of Scotland has benefited from 'buoyant' corporate banking activity in its key markets since the turn of the [...]

The Swedish model A 1992 bail-out is being held up in the west as offering lessons for the current crisis - but what Stockholm put together then was not all [...]