Investment Banking
JPMorgan says it will fire analysts taking back-dated jobs elsewhere
The Wall Street bank told incoming investment banking analysts that accepting offers at other firms before they join will mean ’employment with the firm will end’
2 min read
Citigroup to cut 3,500 technology jobs in China as part of global overhaul
The US bank continues to look for ways to simplify its business and address regulatory concerns over its controls
1 min read
UBS shakes up leadership of equity syndicate unit after hires
The Swiss bank has named regional leaders of the division
1 min read
BancTrust downsizes London headquarters in latest cost-cutting measure
Investment bank has recently cut jobs in management and compliance
2 min read
Wells Fargo ‘fake accounts’ asset cap lifted after seven years in major boost
Growth at the US lender has been hampered as it worked towards hitting goals laid out by regulators
2 min read
JPMorgan international consumer banking boss Viswanathan leaves for FactSet
The former chief administrative officer of its investment bank is departing after 15 years
1 min read
Ex-Commerzbank CEO Manfred Knof joins DeFi Technologies
Knof will be strategic adviser to DeFi technologies and chair subsidiary Valour
1 min read
JPMorgan hires Goldman Sachs’ Weege to lead financial sponsors in Germany
The Wall Street bank has been bolstering its coverage of private equity firms
1 min read
Europeans can’t rely on a ‘Trump dump’ to bolster investment banks
The president’s policies are creating anti-US sentiment, but that won’t last forever
4 min read
Europe’s investment banks regain home advantage after US trade war chaos
European lenders have pulled market share back from US rivals as optimism on deal activity returns
4 min read
Goldman Sachs president Waldron: We only take the top 1%
The Wall Street bank is working harder on succession planning and remains ‘very choosy’ about who it hires, according to its president John Waldron
3 min read
JPMorgan hires HSBC’s M&A head Jabre in latest top exit from UK lender
The Wall Street bank has tapped Kamal Jabre as a vice chair of M&A amid an overhaul at HSBC
JPMorgan bolsters EU hubs by 300 bankers
The Wall Street bank has continued to add to its post-Brexit entity, with Paris growing the most
Nomura plans to grow European equities revenue from ‘zero’ to $100m
The Japanese bank sees opportunities in derivatives and financing
Goldman Sachs ups EU headcount by 14% as revenue rebounds
The Wall Street bank has increased headcount on the continent by around 150 people
FCA bans third Credit Suisse banker for role in tuna bonds scandal
The watchdog has taken further action against bankers embroiled in the fraudulent loans that cost Credit Suisse billions
1 min read
Wells Fargo hires Hawkins to lead real estate capital markets in Europe
The US bank has been building its dealmaking team in recent months
1 min read
Credit Suisse bankers could have bonuses blocked again as Swiss politicians mount legal challenge
Up to 1,000 Credit Suisse bonuses were set to receive outstanding bonuses cancelled by the Swiss government in 2023 after a court win, but politicians are fighting back
2 min read
Goldman Sachs hires key Citigroup debt banker Ponselé for new capital solutions team
The head of Citigroup’s corporate DCM team in Europe is departing
2 min read
Trading Places: Citi poaches Sankey, A&O Shearman re-hires Knighton
Find out who is on the move in the City and beyond this week
3 min read