06/02/2016
UBS tells bankers ‘take two’ in bid to get the balance right
UBS, which is battling weak earnings with cost-cutting, says it wants to give investment bankers more flexibility.
06/02/2016
Credit Agricole Said in Talks for London HQ in Canary Wharf
Banks are seeking to cut costs by moving to cheaper locations and using buildings more efficiently
06/02/2016
The move comes less than a week after the Bank for International Settlements released a code of conduct for the industry.
06/02/2016
As Bloomberg adds, CEO Lloyd Blankfein is embarking on his biggest cost-cutting push in years as the bank tries to weather a slump in trading and dealmaking.
06/02/2016
Credit Suisse is not alone in trying to improve the lot of its employees, with the focus shifting from pay and bonuses.
06/01/2016
The newly added Mummert & Co. team will re-brand as Raymond James and operate as part of the existing Raymond James Corporate Finance division within Raymond James & Associates, Inc.
05/31/2016
Senior investment bankers are predicting a noticeable upturn in dealmaking during the second half of the year, following a first half that is on course to be the worst for revenues for more than a decade.
05/31/2016
European Investment Bank chief insists cooperation with other institutions such as the Asian Infrastructure Investment Bank must comply with EU law
05/29/2016
The activity formed part of Sharjah's ongoing efforts to promote and highlight its investment potential to international investors.
05/27/2016
Both banks are under investigation over the sale of shares to their own customers.
05/27/2016
One has set his sights firmly on a banking career, while the other is definitely not interested in working on Wall Street despite a family connection in the sector.
05/27/2016
The moves have failed to reverse the stock’s decline. Barclays has fallen 16 percent this year compared with a little-changed FTSE 100 U.K. benchmark index.
05/27/2016
Up to twenty European countries have chosen to become the founding members of the AIIB, though the United States has not agreed.
05/27/2016
It’s only the third Samurai sale this year, and follows a 110 billion yen offering by Bank of America Corp. earlier this month in a euro-yen format.
05/27/2016
Pabon was testifying about his Barclays’ career under Jay Merchant, who is also on trial.
05/27/2016
Banks want to retain City footprint but with lower costs
05/26/2016
The lender dropped its filing in one of the cases earlier this month as a hearing scheduled this week approached, Frank Woitaschek, spokesman for the Frankfurt Labor Appeals court, said Tuesday.
05/20/2016
But which firms pay the best?
05/20/2016
Six employees participated with personal investments alongside a hedge fund, the person said, asking not to be identified because the review is confidential.
05/20/2016
Securities firms are reviewing how to reduce expenses amid the decline in trading and dealmaking.