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CEO’s departure comes ahead of business’s full integration into German bank
Reorganisation changes reporting lines
With a top quality management team now able to focus on growth, Wells Fargo could shake up the pecking order in investment banking
Financial institutions dealmaking is at an 18 year high but banking consolidation is elusive
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Conflict of interest is early test for Deutsche Numis and illuminates nature of broking relationships -
New CEO is under pressure to cut costs and bureaucracy, and Citigroup’s reorganisation could be a template. With top changes already this week, Georges Elhedery has shown he means business
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BNP Paribas, Santander and UBS are reporting progress as building a sustainable position in North America becomes crucial to secure number one status in Europe
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◆ Banks reveal how they will restructure pay in London ◆ Reverse Yankee issuers to have their moment ◆ JetBlue issues convertible bond
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Barclays and Citi are following rivals in scrapping the bonus cap for material risk takers in London. But after a decade of salary increases, the outcome could prove better for banks than for bankers
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'A lot of work ahead' to counter 'structural unprofitability' of Credit Suisse, says CEO
