Investment Banking
JPMorgan, Wells Fargo and Citi lead race for AI talent as job numbers swell
AI recruitment has increased 13% over the past six months as banks have cut employees
2 min read
Stifel cutting London jobs in European shift away from equities
The US investment bank is moving towards an “advisory-led” business in Europe
2 min read
PJT Partners’ dealmaking revenue stays steady at $325m
Boutique bank sticks to its full-year outlook, despite Trump tariff impact
2 min read
JPMorgan hikes bonuses for top UK investment bankers to $974k
The Wall Street bank increased average payouts to key UK employees by 19% last year
2 min read
Could the shunned US dollar hurt Wall Street? Don’t hold your breath
The banks are unlikely to suffer if the world’s dominant currency loses its safe status
4 min read
Ego clashes and power struggles: Inside the politics of co-head roles at investment banks
Investment banks are getting star dealmakers to share top jobs — not always successfully
6 min read
Trading Places: Point72, Caxton and T Rowe Price make hires
Find out who is on the move in the City and beyond this week
2 min read
BNP Paribas stock traders ride turbulent markets to record quarter
French bank joins Wall Street rivals in reporting bumper markets revenue
2 min read
BancTrust strips out management and compliance roles as cost-cutting ramps up
City investment bank has lost 20 London staff in recent months
2 min read
Citi shuts Málaga office it opened to battle banker burnout
In 2022, Citi started a pilot programme in the southern Spanish city in an attempt to better work-life balance
1 min read
Goldman Sachs wins shareholder vote over $80m executive bonuses
CEO David Solomon and president John Waldron set for bumper retention deals
2 min read
Trading Places: Deutsche Bank hires ECM veteran, Paul Weiss boosts London office
Find out who is on the move in the City and beyond this week
Moelis adds tech banker Oussadon to bolster European dealmaking team
The boutique has been building out its technology banking team
Can Trump’s tariffs help European banks steal a march over Wall Street rivals?
Three takeaways from bank earnings
Morgan Stanley hikes bonuses for top UK investment bankers by 67%
The Wall Street bank has paid its material risk takers an average of £1.5m after a bumper 2024
Wall Street bank bosses eye further stock trading gains after record $16bn quarter
Five biggest US banks enjoyed boom in stock trading revenue in first quarter
3 min read
Citigroup dealmakers post 14% fee rise as traders beat expectations
The US bank has notched a bigger rise than its rivals, as M&A fees jumped 84%
2 min read
Goldman Sachs M&A fees drop 22% as stock traders post record quarter
The Wall Street bank’s leading M&A division missed expectations
2 min read
Deutsche Bank hires top Barclays banker Swerling as global head of ECM
The German lender has hired Barclays’ co-head of equity capital markets to lead its team globally
2 min read
Bankers fear job losses as Trump trade war hits deals: ‘Another round of cuts is inevitable’
Top City investment bankers told Financial News that a potential slowdown in deals will force firms to cut more costs
5 min read