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BNPP is rebuilding strength in advisory in France
I thought the grass would be greener in fintech land, but it’s patchy and dreary
Years of underperformance are behind it and the bank has launched a new growth plan
Equity market bodies try to pre-empt regulator's July consultation and consolidated tape decision
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My former sidekick, a bloke with whom I worked on-and-off — but he was mostly off — for the best part of a decade, called me on Monday morning. He enquired as to how and what I was doing. I replied that I was still spiralling helplessly around my own private vortex of despair and my days were still stuffed with turd-polishing, sexual reverie and sub-tabular self-interference.
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Cambridge man William Vereker and Franco-Italian Andrea Orcel may be cut from different cloth but they see eye to eye on investment banking strategy. That will serve UBS well as it continues its rehabilitation, writes David Rothnie.
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All that glitters is not gold and if you’ve been invested in the barbarous relic this year you would perhaps be thinking a lot of what glitters is crap because the damned thing is down by a quarter year-to-date and a third since its autumnal peaks of 2012. What’s even worse for the holder of this alternative investment is that no one, not even the "experts" who recommended it in the first place, can explain the precipitous decline.
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Tom King and Eric Bommensath have reached the summit of Barclays’ corporate and investment bank, succeeding the retiring Rich Ricci — whose departure appears intended to signal a clean break with the Bob Diamond era.
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William Vereker, Nomura’s former joint head of global investment banking, is set to join UBS as head of corporate client solutions in EMEA. David Soanes, who had held that job for the past few months, is moving to run a new global financial institutions business.
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