Although Chancellor George Osborne was noticeably silent on the matter of the UK bank levy on Wednesday, Nomura still expects to see a gradual relaxation. "With a majority Tory government now in place, we expect a gradual relaxation of the UK bank levy over time," it said. Nomura said it suspects t
Read moreBy Saikat Chatterjee and Denny Thomas HONG KONG, June 11 (Reuters) - The exit of Deutsche Bank co-chief executive Anshu Jain may see the lender surrender its strong position in Asia's fast growing foreign exchange and fixed income markets, with incoming CEO John Cryan expected to cut some
Read moreMADRID, June 10 (Reuters) - Spanish bank BBVA is considering making an offer for British bank HSBC's businesses in Brazil and Turkey, senior bank executive Vicente Rodero said at an annual meeting in Mexico City, website CNNExpansion reported on Wednesday. "We've looked at HSBC's operations
Read more* Carney: age of irresponsibility in finance is over * Reforms will reverse tide on "ethical drift" * Experts say plan not a game-changer * For a FACTBOX: (Adds reaction) By Huw Jones and William Schomberg LONDON, June 10 (Reuters) - Britain announced a clamp-down
Read more* To cut credit, rates trading assets by $100 bln * Closing 975 clients, over 20 percent, to review 250 more * Aims to raise GBM return on assets to 2.6 pct in 2017 By Steve Slater LONDON, June 10 (Reuters) - HSBC's investment bank could shed more than a fifth of its clien
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