Investment Banking
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
Goldman Sachs decides against job cuts after profit surge in second quarter
The Wall Street bank is not cutting jobs in September after it beat analyst expectations during the second quarter
1 min read
Barclays hires Deutsche Numis co-CEO Ham in dealmaking push
The UK lender is looking to bolster its advisory and ECM fees
2 min read
RBC Capital Markets hires Herrera to lead Benelux investment banking
The Canadian bank has been bolstering its European investment banking team
1 min read
UBS targets equity capital markets gains after hiring spree, shake-up
The Swiss bank has beefed up its equity underwriting team through Credit Suisse and marquee hires. Now is the time to deliver, says its global head
4 min read
UBS names new European FIG leaders in senior shake-up
The Swiss bank has also hired two senior dealmakers in the US
1 min read
JPMorgan’s Ed Byers retiring after 36 years at the bank
The City heavyweight joined JPMorgan through its acquisition of Cazenove and has run its UK dealmaking team
2 min read
Citigroup hires JPMorgan’s Vargas in ECM shake-up
The Wall Street bank has taken on the former JPMorgan executive to lead ECM in the US
1 min read
Goldman Sachs’s European dealmaking bosses bet on mid-market in push for top spot
Goldman Sachs named bank veterans Andre Kelleners and Anna Skoglund as co-heads of Emea investment banking in January. They tell FN about their plans to grow the business
6 min read
Trading Places: Citigroup’s hiring spree, XTX Markets’ co-CEO steps down
Find out who is on the move in the City and beyond this week
Citigroup hires Goldman Sachs’s Friedland to co-head investment banking in the US
The US investment bank is aggressively building out its dealmaking team
Citigroup hires JPMorgan’s Agrawal in latest senior dealmaker move
The US banks have been hiring dealmakers from one another in recent weeks
UBS hires Gatzinska as Emea vice chair in cross-divisional push
The Swiss bank has hired a senior executive to focus on key clients in Europe
Wall Street bosses preach caution after surprise dealmaking rebound
US investment banks made $9bn in investment banking fees during the second quarter, an increase of 7%, after analysts predicted a slump
3 min read
Citigroup hires Gupte and Watkins from JPMorgan for ECM as poaching picks up
Citigroup’s head of investment banking Vis Raghavan has stepped up the poaching of top JPMorgan bankers
2 min read
Morgan Stanley boosted by $5.9bn trading haul as dealmaking falters
US bank joins rivals in reporting blow-out quarter for trading fees
2 min read
Goldman Sachs’s dealmaking fees jump 26% on big M&A gains
The Wall Street bank beat analyst expectations as dealmaking surged and stock trading reached an all-time high
3 min read
Bank of America traders bail out dealmakers with $5.3bn haul after tariff chaos
US bank joins rivals in reporting blow-out quarter for trading fees
2 min read