Going down this week ?
Hedge funds increasingly struggle with finding the right talent. Here's a tale of recruiting and its challenges.
Deutsche Bank CEO John Cryan said the bank would move some trading activities from London if the U.K. decides to exit the European Union next month.
A former Barclays director was accused by the U.S. of giving tips about future mergers and acquisitions to a plumber friend in exchange for cash and a new bathroom, an arrangement that went down the drain when the plumber snitched to the government.
Goldman Sachs President Gary Cohn said the same forces that helped fuel near-record mergers and acquisitions in 2015 remain in place today and that the outlook for the business remains bright.
JPMorgan’s Swiss unit has hired Matteo Gianini from Deutsche Bank, adding to the lender’s wealth-management troubles there.
Deutsche Bank’s head of Russian operations, Pavel Teplukhin, will step down in August as the bank scales back its local business in the wake of a money-laundering scandal.
JP Morgan Cazenove, the most popular stockbroker for blue-chip companies for the past decade, has lost its crown to Bank of America Merrill Lynch after losing four FTSE 100 clients in the past three months.
Deutsche Bank is assessing ways to adjust the securities business to a slump in trading volumes with no rebound in sight, Chief Executive Officer John Cryan said.
Investment bank Macquarie plans to cut about 30 jobs at its equities division in Asia after a slump in trading volumes that prompted other firms to pare back, a person familiar with the matter said.
The accountancy giant PwC has revealed that more than a quarter of its new recruits this year went to private school, in an experiment with transparency to help open up access to professional jobs.
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