Dominic's Feed
Apr 20, 2015
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Deutsche should limit retail selloff to Postbank

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Deutsche Bank’s upcoming strategy decision boils down to a tradeoff between costs and stability. The German universal bank’s management is likely to offload either part or all of its retail business when it updates investors this quarter, says a person familiar with the executives’ thinking. Co-Chief Executives Anshu Jain and Juergen Fitschen should go for the former.

Apr 20, 2015
via Breakingviews

Deutsche should limit retail selloff to Postbank

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Deutsche Bank’s upcoming strategy decision boils down to a tradeoff between costs and stability. The German universal bank’s management is likely to offload either part or all of its retail business when it updates investors this quarter, says a person familiar with the executives’ thinking. Co-Chief Executives Anshu Jain and Juergen Fitschen should go for the former.

Apr 9, 2015
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Investment banks within reach of adequate returns

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Investor redemption may be nearing for investment banks. Most lenders’ wholesale units have destroyed value for seven years. Some may have done so again in the first quarter of this year. JPMorgan kicks off results season next week and Chief Executive Jamie Dimon said in his April 8 annual letter to shareholders that returns could be attractive in the long run, if not the short term.

Apr 8, 2015
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Shell-BG highlights rise of the micro-boutiques

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Royal Dutch Shell’s bid for BG Group underscores two worrying trends for big merger shops. Bosses seem ready to use fewer financial advisers, and to turn to smaller outfits.

Apr 8, 2015
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Shell-BG highlights rise of the micro-boutiques

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Royal Dutch Shell’s bid for BG Group underscores two worrying trends for big merger shops. Bosses seem ready to use fewer financial advisers, and to turn to smaller outfits.

Apr 2, 2015
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Swiss say-on-pay bodes ill for rainmaker wallets

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Switzerland’s new say-on-pay could make it harder for investment banking stars at UBS and Credit Suisse to out-earn their bosses. All the country’s listed companies face binding shareholder votes on executive compensation this year. But the Swiss public’s hostility towards its banks means they could be first in the firing line.

Apr 2, 2015
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Swiss say-on-pay bodes ill for rainmaker wallets

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Switzerland’s new say-on-pay could make it harder for investment banking stars at UBS and Credit Suisse to out-earn their bosses. All the country’s listed companies face binding shareholder votes on executive compensation this year. But the Swiss public’s hostility towards its banks means they could be first in the firing line.

Mar 31, 2015
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Philips earns credibility with lighting selloff

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By Dominic Elliott

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Philips has earned credibility with the sale of its lighting components unit. The Dutch electronics group agreed on March 31 to sell 80.1 percent of its LED components and car lights business to an Asian technology fund for $2.8 billion. Shedding the business, known as Lumileds, is a useful plank in a wider restructuring.

Mar 31, 2015
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Philips earns credibility with lighting selloff

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By Dominic Elliott

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Philips has earned credibility with the sale of its lighting components unit. The Dutch electronics group agreed on March 31 to sell 80.1 percent of its LED components and car lights business to an Asian technology fund for $2.8 billion. Shedding the business, known as Lumileds, is a useful plank in a wider restructuring.

Mar 26, 2015
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Bumper European share sales carry risk of excess

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By Dominic Elliott

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

There is little doubt that Europe’s equity capital markets are in a euphoric state. That is fine for now. But there is a risk of excess.

    • About Dominic

      "Dominic is a London-based columnist covering investment banking. Prior to Breakingviews, he spent two years at moneydealer ICAP, where he brokered equity derivatives trades between investment banks, high-frequency trading firms and hedge funds. He has more than five years of financial journalism experience, including stints as news editor and investment banking editor at Financial News. He has also written for The Wall Street Journal Europe. Dominic holds an MA in Classics from Oxford University and an MSc in Development Management from the London School of Economics. Follow Dominic on Twitter @DominicElliott"
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