Here's three firms in the news Tuesday - job losses, restructuring noise and a possible break-up.
Credit Suisse is eliminating 100 jobs at its investment banking operation in the UK as part of a cost-cutting program, according to a person with direct knowledge of the plan.
Analysts, too, are flagging up the issue: 'We continue to believe that regulatory reform will necessitate the restructuring of Barclays investment bank in order for the unit to sustainably generate returns in excess of cost of equity as part of Barclays', analysts at Goldman Sachs wrote in a recent note.
And Reuters reports that the time may be right for Citigroup to slim down a little, banking expert Bonnie Baha said on Monday.
'It would make sense to break up Citi', Baha, portfolio manager of Global Developed Credit at the $50bn DoubleLine Capital LP, said at the Reuters Global Investment 2013 Outlook Summit. 'The odds for that are probably much higher now than they were three months ago'.
Finally, the news agency also reports that the former head of Deutsche Bank, Josef Ackermann, has criticised his successor Anshu Jain on for not agreeing to appear at a German parliamentary hearing this week on Libor manipulation.
Politicians have already accused Indian-born Jain, who became co-head of Germany's largest bank in June, of 'chickening out' by sending his chief compliance officer in his place.
Running the numbers on a future Barclays (subscriber content)