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CEO’s departure comes ahead of business’s full integration into German bank
With a top quality management team now able to focus on growth, Wells Fargo could shake up the pecking order in investment banking
Financial institutions dealmaking is at an 18 year high but banking consolidation is elusive
Overhaul means big promotion for Osty and a new structure for the CIB
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Deutsche Bank’s tough stance on compensation echoes earlier moves by rivals, but it doesn’t solve the talent crisis at big banks, writes David Rothnie.
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A downturn in UK dealmaking and a raft of challenges to their operating models has placed the corporate finance aspirations of professional services firms under the spotlight, writes David Rothnie.
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European investment banks are running out of excuses. The legacy issues that have dogged them since 2008 are finally coming to an end, meaning they can now devote all their energies to fighting back against their US rivals, which have gained a bigger slice of the European investment banking pie in each of the past five years. Failure to do so will trigger far-reaching questions about whether the decline can be arrested. By David Rothnie.
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Anshu Jain’s move to Cantor Fitzgerald proves that, when it comes to building a fixed income business, the smart money is on the non-bank financial sector, argues David Rothnie.
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While UniCredit’s CEO has rallied his troops round a simple vision that should be easy to execute, the success of the corporate and investment bank will come down to greater collaboration across countries and divisions, writes David Rothnie.
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Barclays wants to be UK’s leading investment bank. Backed by a supportive CEO, it believes it has the team and strategy to achieve that, writes David Rothnie.