Investment Banking
UBS hires BNP Paribas dealmaker Spens to bolster Nordic team
The Swiss bank has added senior dealmakers in Europe and the US in recent weeks
Citigroup’s top UK bankers see sharp dealmaking rebound after tariff hit
The Wall Street bank has ‘line of sight’ on a number of multibillion-dollar IPOs
2 min read
Citigroup overhauls debt capital markets team in Europe
The unit has faced senior departures in recent months. Citigroup has now combined teams and named new leaders
3 min read
Standard Chartered sticks with hybrid working as rivals tighten policies
The UK lender said it had reviewed its work from home policy and will stick with it, despite a push back to the office by competitors
2 min read
Peel Hunt losses widen to £3.5m on staff restructuring costs
Revenue has risen at the UK focused investment bank, but high costs have weigh on profit
2 min read
JPMorgan’s European boss Gori set to move from London to New York
The executive will retain his current responsibilities despite moving out of the City
2 min read
Jefferies sets sights on Europe’s top five after aggressive hiring spree
The US investment bank has spent years building out its team in Europe. Now it wants to move up the league tables
5 min read
Citi UK boss Lee, ex-LGIM chief Scrimgeour recognised in king’s birthday honours
Ex-EY UK head Steve Varley and Nationwide Building Society CEO Deborah Crosbie also score awards
2 min read
Boutique investment bank pay jumps 40%, as investors up pressure on exec awards
Analysis from compensation consultants Johnson Associates shows that CEOs at banks received a bigger increase than the rank and file
3 min read
Morgan Stanley set to shift some London compliance roles to Glasgow
Banks are increasingly looking to nearshore back- and middle-office jobs
2 min read
Deutsche Bank CEO: Bond trading will offset weaker dealmaking in Q2
The German lender’s chief executive said investment bank revenue would be stable despite weaker dealmaking fees
2 min read
UBS sees dealmaking fees falling by mid to high teens in second quarter
The firm’s chief financial officer said that the decline in fees will fall in line with the wider market
Failed fintech Zing lost $87m before HSBC axed it
The UK bank shut down its international money transfer app just a year after launch
Citi, Morgan Stanley execs point to M&A bounce after tariff chaos
Wall Street bank execs say that after a pause in deals, sentiment has picked up again
UBS hires investment banker Murphy for consumer deals
The Swiss bank has been adding senior bankers in key sectors this year
JPMorgan’s top private equity dealmaker Baygual exits
Baygual had been leading a push at JPMorgan to increase its coverage of private equity firms
2 min read
JPMorgan internal memo shows morale took a hit on return to office
The results of the bank’s latest internal opinion survey showed fewer employees than last year say they view their health and well-being as a corporate priority
3 min read
Barclays set to cut 200 investment bank jobs in cost reduction plan
The UK bank is trying to up its competition with Wall Street giants
2 min read
Wall Street banks have added 11,000 EU jobs since Brexit
In the five years since the UK officially left the EU, the world’s biggest investment banks have shifted thousands of roles
4 min read
Goldman wealth boss: Clients should have ‘significant exposure’ to private assets
The Wall Street bank wants to scale in the UK, Robert Mullane tells FN, despite an exodus of wealthy non-doms
6 min read