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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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Lloyds is moving another senior banker over to New York to head its US ABS business. The move is the latest in a series of hires and transfers as the London-based bank tries to expand its presence in the US capital markets.
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Natixis has promoted Kevin Alexander to head its US fixed income business, meaning London-based Emmanuel Lefort steps up to Alexander’s old job running the French firm’s structured credit franchise.
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RBS remains committed to OTC client clearing in asset classes outside interest rates after announcing on Monday that it is quitting the rates prime brokerage business.
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Wells Fargo is not trying to make a splash. But when the largest bank in the world by market cap gets into the water, expect a few ripples.
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Deutsche Bank will raise €8bn through a rights issue launched on Sunday night and supported by Qatar, responding to fears about the bank's capital position despite assurances that a deal last year was its last.
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Deutsche Bank said long term demand for fixed income products remained attractive, particularly in Europe, as it affirmed its commitment to remaining a top tier global investment bank ahead of raising new capital.