06/03/2016
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.
06/03/2016
The cuts have hit employees in London, New York and Hong Kong, sources told Bloomberg.
06/03/2016
All are trying to improve work-life balance at the banks to stop talented staff defecting.
06/03/2016
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.
06/03/2016
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.
06/02/2016
UBS, which is battling weak earnings with cost-cutting, says it wants to give investment bankers more flexibility.
06/02/2016
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