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SGSS mandated by Credit Suisse in Russia for sub-custody services

Societe Generale Securities Services in Russia has been mandated by Credit Suisse to act as its sub-custody bank in the country.

Citizens CFO Shifts Assets to Where the Profits Are

The Rhode Island bank’s predecessor was founded in 1828.

EIB opens Hungarian office in Budapest today

Varga said Hungary appreciates the credit agreements that the country has signed with the EIB and Banque de Developpement du Conseil de lʼEurope.

US investment banks conquer Europe

Their commitment to staying in the business wins them clients and talented staff

British Bankers' Association set to merge with rival trade associations

Reducing the number of trade bodies would help banks save money in membership fees and discuss key issues, the banks collectively said.

Nordic Investment Bank launches US$567m euro green bond

This is second green bond in euros by the Nordic Investment Bank, which provides funding for projects in the Nordic and Baltic countries.

Dark Days at the Folly as Nomura Traders Join Europe’s Jobless

The shell-shocked men and women sipping pints and consoling each other had become part of a growing population.

Goldman Sachs fights $1bn court battle against Libya's wealth fund

The bank noted that the LIA would have stood to “make very substantial profits” if share prices had moved in a different direction.

JPMorgan Chase & Co. to Reform UK Business

The bank currently employees around 16,000 Britishers all across London, Bournemouth, Edinburgh, and Glasgow.

Goldman Sachs was flooded by 250,000 job applications from millennials

The vast majority of applications it received are likely from millennials — those aged 18-34 — due the number of applicants for summer jobs and new analyst positions.

HSBC restructures investment banking arm

HSBC has also set up a new advisory team, combining corporate finance with mergers and acquisitions execution.

Goldman Sachs slashes dozens of senior investment banking jobs in London, New York and Hong Kong

The cuts have hit employees in London, New York and Hong Kong, sources told Bloomberg.

Morgan Stanley is the latest bank to try this tactic to keep investment bankers from leaving

All are trying to improve work-life balance at the banks to stop talented staff defecting.

HSBC cuts one in five senior jobs in investment bank

Its integration back into the banking division has resulted in a number of duplicated and overlapping roles that are now being eliminated to cut costs, the sources said.

Hauck & Aufhäuser inks deal with J.P.P. Euro-Securities

In order to ensure the best possible trade execution service to clients, all sales traders will be working during live hours of the European markets.

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.

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

JPMorgan sheds light on currency trade practice

The move comes less than a week after the Bank for International Settlements released a code of conduct for the industry.

Goldman Fires Dozens Of Investment Bankers

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.

Credit Suisse Is Telling Its Bankers To Leave by 7PM on Friday Nights

Credit Suisse is not alone in trying to improve the lot of its employees, with the focus shifting from pay and bonuses.

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