Investment Banking
Morgan Stanley promotes Bastock and Perry to lead UK corporate broking
The changes mean that Andrew Foster moves into a chairman role
2 min read
UniCredit receives ECB approval to up Commerzbank stake to 29.9%
The Italian lender said that it would take more time, and more approvals, to convert its derivatives investments into stock
2 min read
Deutsche Bank reviewing its Canary Wharf office, set to shift Numis staff to City HQ
The German lender could vacate its office in the Docklands financial district when its lease expires in 2028
2 min read
Citi, HSBC, Morgan Stanley bond-rigging probe sets regulator back £5m
Competition and Markets Authority ploughs 115,000 man hours into cartel investigation after traders colluded in Bloomberg chatrooms
2 min read
UBS shifts hybrid working rules, asks staff to be in the office on Monday or Friday
The Swiss bank has tightened its remote working policies as firms increasingly ask employees to spend more time in the office
2 min read
Deutsche Bank top investment banker bonuses jump 50% as ranks of millionaires swells
The German lender paid more than 600 key employees average bonuses of €965,000 as investment bank revenue increased
2 min read
Ex-Deutsche Bank investment bank head Fedorcik to join Standard Industries as CFO
The 30-year veteran of Deutsche Bank retired in February
1 min read
Bank of America cuts 150 junior investment banking jobs
The US lender has taken the axe to junior banker jobs
2 min read
Jes Staley shared news on deals, pay and clients with Epstein, court hears
Lawyers say non-public information was shared regularly with the late sex offender as the ex-Barclays boss’s appeal against his ban continues
3 min read
Barclays hires RBC’s Kolz as co-head of equity capital markets
UK bank has risen up league tables for global equity offerings this year
1 min read
Ex-Credit Suisse trio joins Piper Sandler for Zurich launch
The US bank has turned to former Credit Suisse staff to expand its European equities business
2 min read
Goldman Sachs wants top staff to move to Salt Lake City, Dallas
The Wall Street bank has thousands of employees in lower-cost destinations, but wants to relocate more managers
Santander cuts back senior investment banker bonuses by 8%
The Spanish lender has reduced average bonuses for so-called material risk takers within its investment bank to €841,893
Boutique investment banks cut ‘diversity’ from reports amid US backlash
Elite boutiques including Evercore, Moelis and PJT Partners have removed ‘DEI’ or diversity references from annual reports as US president Trump pushes back
JPMorgan hires senior Citi sponsors banker Heller
The US bank is bulking up on private equity coverage ahead of an expected bounceback in deals
1 min read
HSBC hiring for new UK global banking boss as Markham takes on top credit role
The UK lender has been reshuffling its senior ranks as CEO Georges Elhedery looks to simplify its business
2 min read
Goldman Sachs trading exec Liz Martin to leave after 25 years
Martin joined Goldman as a trader in 2000 and worked her way up the ranks
1 min read
FCA bans former Credit Suisse bankers over tuna bonds scandal
The UK regulator said that Andrew Pearse and Surjan Singh lacked integrity after they admitted taking $50m in kickbacks
1 min read
HSBC looks for new UK boss as Stuart moves to ‘customer and culture’ role
The bank has been shaking up its senior ranks in recent months under new chief executive Georges Elhedery
1 min read