Investment Banking
Citi, HSBC, Morgan Stanley bond-rigging probe sets regulator back £5m
Competition and Markets Authority ploughs 115,000 man hours into cartel investigation after traders colluded in Bloomberg chatrooms
2 min read
UBS shifts hybrid working rules, asking staff to be in the office on Monday or Friday
The Swiss bank has tightened its remote working policies as firms increasingly ask employees to spend more time in the office
2 min read
Deutsche Bank top investment banker bonuses jump 50% as ranks of millionaires swells
The German lender paid more than 600 key employees average bonuses of €965,000 as investment bank revenue increased
2 min read
Ex-Deutsche Bank investment bank head Fedorcik to join Standard Industries as CFO
The 30-year veteran of Deutsche Bank retired in February
1 min read
Bank of America cuts 150 junior investment banking jobs
The US lender has taken the axe to junior banker jobs
2 min read
Jes Staley shared news on deals, pay and clients with Epstein, court hears
Lawyers say non-public information was shared regularly with the late sex offender as the ex-Barclays boss’s appeal against his ban continues
3 min read
Barclays hires RBC’s Kolz as co-head of equity capital markets
UK bank has risen up league tables for global equity offerings this year
1 min read
Ex-Credit Suisse trio joins Piper Sandler for Zurich launch
The US bank has turned to former Credit Suisse staff to expand its European equities business
2 min read
Goldman Sachs wants top staff to move to Salt Lake City, Dallas
The Wall Street bank has thousands of employees in lower-cost destinations, but wants to relocate more managers
1 min read
BancTrust axes 15 London jobs in cost-cutting drive
Emerging markets investment bank cuts City jobs
1 min read
Santander cuts back senior investment banker bonuses by 8%
The Spanish lender has reduced average bonuses for so-called material risk takers within its investment bank to €841,893
2 min read
Boutique investment banks cut ‘diversity’ from reports amid US backlash
Elite boutiques including Evercore, Moelis and PJT Partners have removed ‘DEI’ or diversity references from annual reports as US president Trump pushes back
JPMorgan hires senior Citi sponsors banker Heller
The US bank is bulking up on private equity coverage ahead of an expected bounceback in deals
HSBC hiring for new UK global banking boss as Markham takes on top credit role
The UK lender has been reshuffling its senior ranks as CEO Georges Elhedery looks to simplify its business
Goldman Sachs trading exec Liz Martin to leave after 25 years
Martin joined Goldman as a trader in 2000 and worked her way up the ranks
FCA bans former Credit Suisse bankers over tuna bonds scandal
The UK regulator said that Andrew Pearse and Surjan Singh lacked integrity after they admitted taking $50m in kickbacks
1 min read
HSBC looks for new UK boss as Stuart moves to ‘customer and culture’ role
The bank has been shaking up its senior ranks in recent months under new chief executive Georges Elhedery
1 min read
Rothschild hires former Moelis banker Jonathan Kaye to co-lead business services
The dealmaker was filmed in a viral punching incident last year
2 min read
Goldman Sachs names new leaders in Spain as Diaz-Pintado steps down
The US bank has made more senior changes in Europe as partner Diaz-Pintado retires after 26 years
1 min read
Inside Jamie Dimon’s JPMorgan Chase: Restive employees amid record profits
Amid record profits, the US’s largest bank faces internal turmoil over pay, layoffs, and DEI
8 min read