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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 investment bank was the most profitable part of the UBS empire in 2013, scotching suggestions about a possible spin-off, writes David Rothnie
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Mitsubishi UFJ Financial Group saw its net profit increase by 48% from ¥532.5bn ($5.25bn) to ¥785.4bn for the first nine months of December 31, 2013 driven by improved gains on equity securities as well as sales and trading income, but net business profits took a hit because of rising overseas costs.
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The fourth biggest bank in the US has its sights set on European expansion and it has the scale and desire to be a success in investment banking, writes David Rothnie.
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David Soanes has emerged as one of the winners in UBS’s reshuffle as the group shifts the management of its investment bank onto a regional footing and separates its corporate client and trading activities.
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Jerry del Missier, the former co-head of Barclays’ investment bank, this week laid the blame for his involvement in the manipulation of the firm’s Libor submissions during the credit crisis firmly at the door of Bob Diamond, former chief executive.
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The chief executive of RBS has been hounded into giving up a bonus that he had been awarded. No one — least of all the UK government — should be proud.