Investment Banking
UBS faces demand for $26bn more in capital as Swiss government outlines new rules
Officials want to avoid another collapse like Credit Suisse’s but the Swiss bank has hotly contested calls for a higher buffer
3 min read
HSBC names Nelson interim chair as Tucker takes AIA role
The UK lender is searching for a permanent successor to Sir Mark Tucker, who has spent eight years in the job
2 min read
Peel Hunt hybrid work policy moved to four days in the office
The City investment bank has asked all of its staff to return in person for at least four days each week
3 min read
JPMorgan says it will fire analysts taking back-dated jobs elsewhere
The Wall Street bank told incoming investment banking analysts that accepting offers at other firms before they join will mean ’employment with the firm will end’
2 min read
Citigroup to cut 3,500 technology jobs in China as part of global overhaul
The US bank continues to look for ways to simplify its business and address regulatory concerns over its controls
1 min read
UBS shakes up leadership of equity syndicate unit after hires
The Swiss bank has named regional leaders of the division
1 min read
BancTrust downsizes London headquarters in latest cost-cutting measure
Investment bank has recently cut jobs in management and compliance
2 min read
Wells Fargo ‘fake accounts’ asset cap lifted after seven years in major boost
Growth at the US lender has been hampered as it worked towards hitting goals laid out by regulators
2 min read
JPMorgan international consumer banking boss Viswanathan leaves for FactSet
The former chief administrative officer of its investment bank is departing after 15 years
1 min read
Ex-Commerzbank CEO Manfred Knof joins DeFi Technologies
Knof will be strategic adviser to DeFi technologies and chair subsidiary Valour
1 min read
JPMorgan hires Goldman Sachs’ Weege to lead financial sponsors in Germany
The Wall Street bank has been bolstering its coverage of private equity firms
1 min read
Europeans can’t rely on a ‘Trump dump’ to bolster investment banks
The president’s policies are creating anti-US sentiment, but that won’t last forever
Europe’s investment banks regain home advantage after US trade war chaos
European lenders have pulled market share back from US rivals as optimism on deal activity returns
Goldman Sachs president Waldron: We only take the top 1%
The Wall Street bank is working harder on succession planning and remains ‘very choosy’ about who it hires, according to its president John Waldron
JPMorgan hires HSBC’s M&A head Jabre in latest top exit from UK lender
The Wall Street bank has tapped Kamal Jabre as a vice chair of M&A amid an overhaul at HSBC
JPMorgan bolsters EU hubs by 300 bankers
The Wall Street bank has continued to add to its post-Brexit entity, with Paris growing the most
1 min read
Nomura plans to grow European equities revenue from ‘zero’ to $100m
The Japanese bank sees opportunities in derivatives and financing
4 min read
Goldman Sachs ups EU headcount by 14% as revenue rebounds
The Wall Street bank has increased headcount on the continent by around 150 people
1 min read
FCA bans third Credit Suisse banker for role in tuna bonds scandal
The watchdog has taken further action against bankers embroiled in the fraudulent loans that cost Credit Suisse billions
1 min read
Wells Fargo hires Hawkins to lead real estate capital markets in Europe
The US bank has been building its dealmaking team in recent months
1 min read