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Citi comes in second to JP Morgan for CEEMEA syndicated benchmark business
The US bank has won more market share in European IB than its rivals after overhauling its leadership and doubling down in the region’s biggest markets
The US bank has emerged from its restructuring to record impressive market share gains following a reboot of its financial sponsor and leveraged finance businesses
The likely bonus calendar for the Street, expectations and why it all matters
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Banks across the Street have sought to woo shareholders with business models that celebrate the holy matrimony between Steady Eddie wealth management and (supposedly) reformed wild child investment banking. But the repercussions on bank earnings from the demise of South African retailer Steinhoff are a reminder that the course of true love never did run smooth.
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All of the US banks that reported results this week booked losses related to troubled South African retailer Steinhoff, other than Morgan Stanley — despite the close relationship between the bank and the firm, which saw it handed a plumb gloco role on the IPO of its African retail arm in September.
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Mizuho Bank has hired a senior banker to run its Saudi office as it looks to develop its business in financing and advisory work.
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Houlihan Lokey's international expansion won't end with its latest acquisition as it eyes a bigger global offering, writes David Rothnie.
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Barclays rolled out sweeping cuts to its investment bank on Wednesday, with around 100 jobs gone across the business, including several managing directors in the EMEA primary bonds business.
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DZ Bank has overhauled its debt capital markets operation and plans to use its sustainable finance credentials to push for more international business, especially in SSAs and covered bonds.