Jason Haas and David Levin, Deutsche Bank's top U.S. healthcare investment bankers, have resigned to join Barclays and take leading roles in its healthcare practice, according to people familiar with the matter.
The number of City financiers who took home more than €1m jumped to nearly 3,000 in 2014, with one earning up to €25m that year.
UBS is hiring investment banker Joseph Hershberger from Credit Suisse, where he was a managing director and global head of asset management banking, according to a company memo.
Deutsche Bank’s Paul Achleitner has won support to stay on as the firm’s supervisory board chairman from one of its biggest investors, former Qatar Prime Minister Sheikh Hamad bin Jassim bin Jabr Al Thani.
Bank of America has reportedly instructed its senior staff to avoid using the word Brexit in conversations with clients.
Out of work and charged with what federal prosecutors describe as a brazen fraud.
And now it looks as if he could lose his freedom too.
It's getting more painful by the week.
Welcome to the banking industry.
Credit Suisse has hired Jeffrey Cohen from Lazard as the firm seeks to expand its retail and consumer products investment-banking business.
Cleaning up the world's biggest banks in the event of a crisis is easier than it has been but there is still more to be done, the Financial Stability Board (FSB) has warned.
Traders are urging U.S. regulators to fix a part of the options market that some blame for contributing to the last five years of stagnant trading.
The City of London is working up plans to secure a deal that will allow its different sectors to keep trading with Europe after Britain leaves the EU.