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Capital Markets Investment Banking and Brokerage

  • *London bankers at French houses prepare for life in Paris. LONDON/ PARIS, Oct 9- While most London- based bankers are brushing up on their German to prepare for a move to Frankfurt post-Brexit, senior staff at French investment banks expect to say "Oui" to government pressure to bring jobs home to Paris. Although French banks have been wavering about their plans, the...

  • Oct 3- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said he is keeping an open mind on bitcoin after a media report that the investment bank was exploring a new trading operation dedicated to cryptocurrencies. The plan is in early stages and may not proceed, the Wall Street Journal report on Monday, citing people familiar with the matter.

  • Oct 3- Goldman Sachs Chief Executive Lloyd Blankfein is keeping an open mind on bitcoins. His tweet follows a Wall Street Journal report on Monday that the investment bank was exploring a new trading operation dedicated to bitcoin and other cryptocurrencies in response to client interest. Blankfein's tweet is in sharp contrast to comments made by JPMorgan's...

  • LONDON, Oct 3- Global investment banking fees in the year to date have reached their highest since just before the financial crisis, coming in at $76.1 billion, according to Thomson Reuters data. The Americas accounted for around 50 percent of the total at $38 billion, the data showed, up 11.6 percent from a year ago. In Europe, banking fees rose 19 percent to a two-year...

  • MEXICO CITY, Sept 29- Puma Energy this week doubled its fuel sales to Puerto Rico's gas stations and industrial customers, aiming to ease long lines for gasoline and diesel that have persisted since Hurricane Maria struck earlier this month, a top executive said on Friday. The firm, partially owned by commodities trading giant Trafigura, which operates six...

  • LONDON, Sept 29- Wall Street bank Citigroup is applying for a licence to conduct sales and trading activities in France, James Cowles, Citi's Chief Executive Officer for Europe, the Middle East& Africa told a French newspaper on Friday. There is fierce competition between Paris, Frankfurt and other European cities to woo international banks City of London...

  • LONDON, Sept 29- Wall Street bank Citigroup is applying for a license to conduct sales and trading activities in France, James Cowles, Citi's Chief Executive Officer for Europe, the Middle East& Africa told a French newspaper on Friday. There is fierce competition between Paris, Frankfurt and other European cities to woo international banks City of London...

  • LONDON, Sept 29- Wall Street bank Citigroup is applying for a license to conduct investment banking activities in France, James Cowles, Citi's Chief Executive Officer for Europe, the Middle East& Africa told a French newspaper on Friday. There is fierce competition between Paris, Frankfurt and other European cities to woo international banks City of London...

  • LONDON, Sept 29- Wall Street bank Citigroup is applying for a licence to conduct investment banking activities in France, James Cowles, Citi's Chief Executive Officer for Europe, the Middle East& Africa told a French newspaper on Friday. There is fierce competition between Paris, Frankfurt and other European cities to woo international banks City of London...

  • LONDON, Sept 29- Proceeds from European initial public offerings reached $7.7 billion in the three months ending September, up 45 percent compared with last year and the highest since 2014, according to Thomson Reuters data. Unusually low volatility, strong equity markets and improving global economic growth outlook boosted equity issuance in Europe and...

  • NEW YORK, Sept 25- The Financial Industry Regulatory Authority said on Monday it ordered Wall Street investment bank and securities brokerage Morgan Stanley to pay $13 million in fines and restitution to clients for inadequately supervising certain short-term trades. FINRA, the securities industry's self-regulator, said that between January 2012 and...

  • SAO PAULO, Sept 25- Brazilian logistics operator Rumo SA has hired five banks to help underwrite an upcoming share sale, according to a securities filing late on Sunday. The investment banking units of Itaú Unibanco Holding SA, Banco BTG Pactual SA, Bank of America Corp, Credit Suisse Group AG and Goldman Sachs Group Inc have won underwriting roles in the...

  • *Yuan flows likely be positive for IPO activity in China. HONG KONG, Sept 22- China- focused venture capital funds are increasing their bets on local technology companies and a further opening of Chinese domestic capital markets, raising money in the yuan at the fastest pace in five years. Those include the 350 billion yuan sought by the China Structural Reform...

  • Sept 19- U.S. investment bank Jefferies Group LLC's third-quarter profit more than doubled as it earned more from advising on debt and equity offerings as well as mergers and acquisitions. New York- based Jefferies, a unit of Leucadia National Corp, traditionally kicks off the earnings reporting season for investment banks. In the quarter, Jefferies provided...

  • Sept 19- U.S. investment bank Jefferies Group LLC's third-quarter profit more than doubled as it earned more from advising on debt and equity offerings as well as mergers and acquisitions. New York- based Jefferies, a unit of Leucadia National Corp, traditionally kicks off the earnings reporting season for investment banks. In the quarter, Jefferies provided...

  • Sept 19- U.S. investment bank Jefferies Group LLC's third-quarter profit more than doubled from a year ago, as it earned more from advising on debt and equity financing as well as mergers and acquisitions. Jefferies said on Tuesday net income attributable to the company rose to $83.8 million in the quarter ended Aug. 31, compared with $41.2 million, a year earlier.

  • Sept 19- U.S. investment bank Jefferies Group LLC's third-quarter profit more than doubled from a year ago, as it earned more from advising on debt and equity financing as well as mergers and acquisitions. Jefferies said on Tuesday net income attributable to the company rose to $83.8 million in the quarter ended Aug. 31, compared with $41.2 million, a year earlier.

  • Sep 15- Global banks have said they could move thousands of jobs out of Britain to prepare for Brexit, the country's planned exit from the European Union. The association expects 3,000 to 5,000 new jobs in Frankfurt over the next two years as a result of Brexit, its head Stefan Winter, of UBS, told German newspaper Welt am Sonntag in June. Bank of America became the...

  • AMSTERDAM, Sept 14- Jefferies, the U.S. investment bank, said on Thursday it would open an office in Amsterdam to service clients across Belgium, the Netherlands and Luxembourg. The bank said Kasper van Griensven, who previously led Deutsche Bank's Dutch investment banking arm, would lead a seven person team based in the Amsterdam World Trade Center.

  • *MUFG has already picked Amsterdam as EU commercial banking hub. TOKYO, Sept 13- Japan's Mitsubishi UFJ Financial Group Inc said it has picked Amsterdam as its European Union investment banking base, as financial institutions prepare for Britain's exit from the EU. MUFG also said it plans to open an investment banking branch in Paris and that several dozen...