Goldman Sachs has promoted 425 people, including a record proportion of women, to Managing Director, the Wall Street firm’s second-highest rank.
Credit Suisse began trimming its fixed-income business in London, according to people familiar with the matter.
'We’re aiming for is a single support staff infrastructure between the two organisations'.
Credit Suisse CEO Tidjane Thiam joined hosts Stephanie Ruhle and David Westin on Bloomberg TV's new flagship morning program Tuesday, Bloomberg GO, where he responded to a Swiss newspaper report on bonus cuts.
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Barclays' new CEO Jes Staley will prioritize the investment bank’s advisory and execution operations and accelerate sales of unwanted assets, according to the bank’s Deputy Chairman Mike Rake.
Royal Bank of Scotland has said it plans to cut costs by about $3bn at its investment bank over the next three years as part of CEO Ross McEwan’s plans to shrinks the unit.
Eight major banks broke EU bonus cap rules last year and will have to change the way they pay their top staff this year.
French bankers have been locked out of crunch talks to protect the City amid fears they might feed intelligence back to Paris.
With an inside look at Silicon Valley’s “cult”-like culture, one author poked some holes in how technology gurus get ahead.
France is already thinking about how to nab the City's best bankers after Britain voted to leave the European Union.