The departures are important for the firm as they represent the exit of two leaders from one of the bank's most highly functioning units.
US regulators have got their man. Georges Chodron de Courcel, long-serving chief operating officer of BNP Paribas, is off, ahead of the French bank's settlement over alleged sanctions breaches, which is rumoured to amount to $10bn.
Nomura has announced a series of moves to drive further growth across its Wealth Management business in Asia including Japan.
Guggenheim Securities has announced the hiring of Barry Blake as a Senior Managing Director.
Britain's financial sector remains vulnerable to further global shocks and the Bank of England must be ready to rescue banks that run short of funds, Threadneedle Street warned on Thursday.
Global DCM activity totals $2.8 trillion, down 1% compared to YTD 2013
Goldman Sachs has a reputation for consistently holding the winning lottery ticket numbers. But it got rid of the ticket that is poised to be one of this year’s biggest payoffs.
Revenue pressures and relatively slow trading conditions to blame.
We always knew in the market that there was a small coterie of bulge bracket firms who paid a load more in comp than the rest of the Street.
Maybe a few surprises here.