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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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HSBC revealed a big increase in credit loss provisions in its second quarter results on Monday, as it vowed to step up the pace of its strategy shift. In the investment bank, it was a strong outing for fixed income and currencies trading, but a disappointing quarter for equities. -
Société Générale will make its structured products less risky, it said, after a difficult first half of the year in its equities business.
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Credit Suisse has given staff including Jeff Cohen new positions and is also creating a new energy and infrastructure group.
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Palmer gets interim ECM head gig at BofA — Clarke to join JP Morgan for FIG — Paz-Galindo promoted at UBS
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James Palmer has been named interim head of equity capital markets for Europe, the Middle East and Africa at Bank of America. He replaces Sam Losada, who is leaving the bank to join Morgan Stanley.
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Independent firms were the big winners of the 2008 financial meltdown. But they will find the Covid-19 crisis tougher to navigate, as they grapple with a unique set of challenges, writes David Rothnie.
