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Managing director joined in Paris last week
A junior banker respects their MD, but cannot live with his disorganisation. Can things ever improve?
This year’s expected surge in IPOs and M&A deals should drive a proliferation of strategic equity derivative transactions, with $2bn of fees up for grabs
This week a managing director deals with the awkwardness of their boss finding out they had been in contention for a job at another firm
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  • Deutsche Bank laid out its strategy for its investment bank at an investor "Deep Dive" event on Tuesday. As part of a plan to boost the return on tangible equity, it is focusing on cutting costs in the back office and raising revenues in financing and origination.
  • The Conservatives may push for further deregulation of the UK’s financial system after Brexit, including allowing dual-class share structures on London's main market, if they emerge victorious from the general election on Thursday. This would be a mistake — they should not put at risk London's high corporate governance reputation in order to seek to compete with New York or Hong Kong.
  • HSBC has picked Georges Elhedery and Greg Guyett as co-heads of its global banking and markets (GBM) division, replacing Samir Assaf, who has been handed a new role as chair of corporate and institutional banking.
  • Renaissance Capital has added to its Nigerian investment banking team. The Russian bank continues to expand its offering on the African continent.
  • SRI
    The European Union has reached preliminary political agreement on the law that will introduce its Taxonomy of Sustainable Economic Activities. The news was hailed as a triumph by green finance specialists, though there is still a risk of battles to come.
  • Houlihan Lokey’s European corporate finance land grab has made its fifth acquisition since 2014, writes David Rothnie, at a time when the fluctuations of the credit cycle may be about to lead to more restructurings.