Investment Banking
Citigroup hires UBS dealmaker Fremy to lead European transportation
The US bank has been on a hiring spree of senior bankers
1 min read
Why Evercore’s £146m Robey Warshaw deal could end up being a bargain
The pair have secured a big pay day and a safe home for their boutique
2 min read
UBS CEO on investment bank: ‘Shrinking is not an option’
Despite a reduction in investment banking fees, Sergio Ermotti says the bank remains committed to growth
2 min read
Deutsche Bank promotes Fratepietro and Lewellen to lead global DCM
The German lender has shaken up the senior ranks of its investment bank
1 min read
HSBC CEO ‘comfortable’ City offices will house staff despite desk shortage
The UK lender will use multiple locations to accommodate UK employees as it prepares to move to a new HQ
2 min read
UBS investment bank notches profit increase as dealmaking fees slide 30%
A surge in trading revenue offset a sharp decline in investment banking during the second quarter
2 min read
Evercore buys boutique Robey Warshaw for £146m in major UK push
The US-headquartered bank has bought a mainstay of UK boardrooms
3 min read
HSBC corporate and institutional banking unit slips 4% despite trading uptick
The UK lender’s newly merged division brought in pre-tax profit of $2.8bn during the second quarter
2 min read
PJT Partners revenue hits record $407m, up 13% after hiring spree
The boutique investment bank has continued to grow revenue despite trade war concerns
1 min read
HSBC asks managing directors to come into the office four days a week
The UK lender is tightening its policies for its senior employees
1 min read
Barclays traders fuel 21% investment bank jump as dealmaking fees slide
Barclays has followed US rivals with a sharp uptick in trading revenue amid volatile markets
3 min read
Top Citigroup banker Drury leaves to take CIO role at AI firm Poolside
The Citigroup lifer is departing after 30 years for a role at an emerging technology firm
Rothschild & Co hires ex-Perella banker Klaassen in private markets push
The independent investment bank has named the private capital markets veteran to lead its distribution efforts
Nomura wholesale boss Willcox: ‘Boring’ approach key to growth
Nomura is looking to bolster profit within its wholesale unit by 15-20% and is investing in new businesses. But Chris Willcox is emphasising consistency
Trading Places: Barclays hires ex-Numis chief, Kirkoswald adds ex-HSBC trader
Find out who is on the move in the City and beyond this week
Mizuho acquires boutique Augusta & Co in clean energy push
The Japanese bank is expanding its dealmaking arm
2 min read
Moelis plans ‘very aggressive’ push into private capital after hiring spree
The boutique investment bank has seen compensation costs swell 27%
2 min read
Lazard raises minimum deal fee, hires 14 MDs in productivity push
The independent investment bank unveiled a 21% uptick in financial advisory revenue despite an M&A slowdown
3 min read
BNP Paribas fixed income trading jumps 26% as equities slide
Th French bank has posted a bounce in fixed income fees, but equities revenue dropped 15%
2 min read
Deutsche Bank’s dealmaking fees slip 29%, as fixed income traders shine
The German lender has posted a steep decline in dealmaking fees after Wall Street rivals’ revenue held up
2 min read