07/24/2023
Operational excellence in investment banking through partnerships
Investment banks therefore should consider different avenues to delivering their operations.
Investment Banking
07/20/2023
Santander expanding investment bank in US and UK, sources
The expansion will involve hiring at least 50 bankers - many from stricken Credit Suisse, the sources said.
07/19/2023
The other German bank quietly making some big hires
Other hires this year include Hansjörg Rommel in debt capital markets and Evelyn Dettling in fixed income sales.
07/18/2023
Credit Suisse: This monolith is also crumbling now
Meanwhile, UBS has to ask itself how big it actually wants to get in the prestigious business, which is considered one of the "prime pieces" of the old CS.
07/14/2023
CEO Christian Sewing named Banker of the Year by Euromoney
The first Deutsche Bank CEO to receive the long-running award, Sewing was singled out for transforming the bank and advocating for financial integration in Europe.
07/12/2023
Deutsche Bank expects 50 basis-point Bank of England August rate hike
Deutsche analysts said they were keeping their terminal rate projection fixed at 5.75%.
06/28/2023
UBS plans to cut more than half of Credit Suisse's employees after takeover
Three rounds of cuts are reportedly said to take place this year, with the first by the end of July and two more rounds planned for September and October
06/26/2023
Europe's largest bank wants a new home
The building used to be an office for the telecommunications group BT and has been renovated.
06/23/2023
UBS back in top ten after takeover in investment banking
The takeover of Credit Suisse has put UBS back in the top 10 investment banks by fees.
06/23/2023
Santander CIB partners with Komgo through an equity investment to digitalize trade finance
Santander CIB invests in leading trade finance fintech Komgo to help large multinationals boost digitalization.
06/23/2023
Raymond James CEO rules out dealmaker layoffs in UK push: ‘It’s taken us so long to find them, why would we cut?’
The US-headquartered investment bank has bolstered its UK operation by 50% in the past year
06/22/2023
Shareholders approve Numis acquisition by Deutsche Bank
Expected to complete in Q4 2023
06/15/2023
Deutsche Bank's wild hiring while ex-banking head is thwarted
Given that Deutsche Bank's compensation is famously oriented towards salaries, all these new bankers won't have come cheaply.
06/12/2023
Barclays warns former staff in bid to stem investment bank exodus
Departure of about 30 bankers in US risks undermining UK lender’s Wall Street ambitions
06/12/2023
‘The sharks start circling’: Dealmaking tie-ups raise spectre of culture clashes and talent exodus
A recent spate of bank mergers might not turn out as straightforward as they look
06/08/2023
Deutsche Bank named Best Liquidity Provider for Forwards/Swaps & Best New Algo 2023
Strong market share across both forwards and swaps and our reputation for leading innovation were central to the bank’s success in this year’s Awards process.
06/02/2023
Goldman Sachs president Waldron says Wall Street bank is ‘running tighter’ amid lay-offs
The Wall Street bank is embarking on its third round of job cuts within a year
05/26/2023
Lazard CEO Peter Orszag says investment bank needs to ‘aim higher’ as he takes helm
Orszag will succeed dealmaker Ken Jacobs as CEO during a tough time for investment banks
05/26/2023
Saxo Bank achieves a significant milestone
It took 25 years to reach the $20 bn mark, and just five years to more than the main measure and break through the $100 bn barrier.
05/24/2023
EIB Group and BNP Paribas sign new securitisation to support French SMEs and mid-caps
The guarantee enables BNP Paribas to free up part of the regulatory capital allocated to this portfolio, and to deploy €475 million in new loans to SMEs and mid-caps in France over the next two years.