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Banker had worked at DB for 14 years
Trade of €315m block comes on same night as this year’s third Ayvens trade
How to handle a job offer that looks great on paper but means teaming up with an old foe
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The investment bank compensation process is as much ritual as reckoning — a yearly exercise in hope, dread, and, for some, quiet fury. But while everyone’s sweats over their number, few stop to ask how it’s calculated. Here’s a blow-by-blow breakdown of what really happens behind closed doors -
Scott Romanowski of Avenue One will join in February to replace Aoiffe McGarry
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◆ Why you got paid what you got paid ◆ Insider reveals what really goes on when bonuses are allocated ◆ HSBC winds down M&A and ECM
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Vivek Baliga steps up
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Fund managers welcome innovative tool to fight market stress
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The dream of an all-round HSBC investment bank has ended. From now on, reality means trying to stay relevant without equities or M&A
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