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After hiring stacks of bankers in north America with rich pay packages, Citigroup has switched its attention to Europe. So far, Citi’s chequebook is still wide open
Lake leaves bank, Rohrbaugh moved to get retail experience
The extra scrutiny that comes with working on the most visible, public and largest deals would give even the Stoics something to scratch their heads about.
New equity capital markets talent and Bernstein joint venture have helped Société Générale win eye-catching mandates. Next, it will expand sector teams
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The first full year results for the major US investment banks show that little changed in Q4 — litigation costs and poor trading revenues, particularly in fixed income, are still causing most of the pain.
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The Swiss National Bank shocked markets on Thursday when it abandoned its Sfr1.20 floor on the euro and cut the interest rate on sight deposit balances to minus 0.75%. The SNB and some investor portfolios will suffer big losses.
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Professional services firms will continue to beef up their corporate finance offerings in 2015, but that doesn’t mean they are looking to compete with investment banks, writes David Rothnie.
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Australia and New Zealand Bank is making a concerted push into acquisition finance in the region as it looks to capitalise on the trend of Asian companies acquiring Australian targets. Underlining the importance of this business, the firm has promoted Damien Ng to head of loan syndications — specialised and acquisition finance.
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New BNP Paribas investment bank boss Yann Gérardin is an equity derivatives man through and through, having built the business from scratch since he joined in 1987.
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Belarus's request for proposals this week for a $1bn bond issue has once again highlighted the ethical dilemmas investment banks face when working in and for countries with tarnished human rights records.