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Centralisation, competitiveness and cyber-risk will be political flashpoints
Pierre Gay is retiring after seven years in the post
Never mind that your desk had a great year, writes Craig. When it comes to getting paid, the future makes a stronger argument than the past
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UBS opened the European bank earnings season on Tuesday with a strong set of results from its M&A and capital markets businesses, which CEO Ralph Hamers seized as an opportunity to play up the importance of talented bankers over the generous application of balance sheet. -
JP Morgan has hired equity capital markets banker Jonathan Paul, the latest in a series of additions to its Asia Pacific ECM team.
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Bank of America has poached Subhrajit Roy from a local firm in India to take over its global capital markets business for the country.
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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.
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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.
