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

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