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Latest news
PAG also hires new vice president
Agreement on the EU package could run to December, senior lawyer told conference
Octopus Electric Vehicles has also added to its capital markets team
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BNY Mellon is said to be looking to sell Alcentra, its loan and high-yield bond unit.
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ABN Amro is planning to slash 2,350 jobs over the next three to four years in its ongoing effort to lower costs and improve its capital position.
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Goldman Sachs has cut the pay of its top-level investment bankers in London in accordance with a provision of their employment contract.
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Germany’s WestLB is looking to sell WestImmo, its property finance unit, by the end of the year, and is optimistic about unloading its corporate and project-finance business as well.
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Thomas Huertas is leaving as head of the international division of the U.K.’s Financial Services Authority to join Ernst & Young, the auditor and consultancy.
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Citadel Securities’ move to shutter its fixed-income sales and trading operations will put in play another band of market pros just as larger firms are laying off.
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Bjoern Bauermeister has rejoined BNP Paribas as an asset-backed and mortgage-backed securities trader in London a year after leaving the firm.
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Italy’s UniCredit and the Swiss UBS are each offering covered bonds.
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Michael Nartey, former managing director at Goldman Sachs in London, has joined Barclays Capital.