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  • Credit Suisse expects to make a pre-tax loss in its investment banking and capital markets (IBCM) division this year, it said at an investor day on Wednesday. But it pointed to a strong pipeline for 2020.
  • Barclays’ head of corporate broking leaves — ESG finance academic joins Barings — Morgan Stanley ratings banker heads for exit
  • Deutsche Bank has told investors that its investment bank is back on track. Cutting costs will be a crucial part of reaching growth targets. But after so many false starts, can it really be that simple, asks David Rothnie.
  • IG Group is appointing Mike McTighe as its chairman, to help it achieve sustainable growth and navigate regulatory change.
  • Kunal Gandhi, the head of corporate broking at Barclays, has left the bank, GlobalCapital understands.
  • Deutsche Bank laid out its strategy for its investment bank at an investor "Deep Dive" event on Tuesday. As part of a plan to boost the return on tangible equity, it is focusing on cutting costs in the back office and raising revenues in financing and origination.