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Long decision process leads to elevation of loan market veteran
New global structure is reinvigorating push towards top league
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I offered to be made redundant — and the bank said no
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US investment banks enjoyed a boost in earnings from their M&A bankers in the past quarter as a flurry of deal making made up for a return to more normal levels of debt issuance and trading. -
Goldman Sachs celebrated its second highest ever firm-wide quarterly net revenues, net earnings and earnings per share on Tuesday. It set the as-yet unbeaten net revenue record in the first quarter of the year.
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Simon Denny, whom Barclays hired as head of banking for South Africa in 2019, is no longer with the firm.
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Mike Lamb, a senior investment banker covering the insurance sector, has left Barclays to join Citi in a chairman role in London.
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Rothschild & Co has hired Timothy Lufkin as a managing director covering financial sponsors within its global advisory business in New York. Lufkin previously worked at Truist and its predecessor, BB&T Capital Markets.
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Hong Kong’s stock exchange is planning to launch a new platform to cut the IPO settlement process, often criticised for being longer than on other global bourses.
