Global ECM activity falls 56% to seven-year low
Global syndicated lending falls 25% from 2015
By the time I was 27, five years into my career at Goldman, I had been promoted from analyst to associate, and from associate to vice president. I had gone from making $10,000 as an intern to making over $340,000 as a vice president.
'We will adjust our business in order to achieve the results which we have planned'.
Credit Suisse managers were aware of the trading positions that have forced the bank to take almost $1bn of writedowns over the past half year, Chairman Urs Rohner said.
Citigroup has appointed Angus Yang to head a unit in Asia that provides services to hedge funds including brokering trades, lending securities and introducing them to potential investors, after his predecessor left the bank in March.
It's OK, Charles Schwab and BlackRock: Robo-advisers won't be taking away your high-net-worth clients.
One of the most popular hedge fund trades just hit a wall.
The onus may no longer be on your bonus!
Pay for all of Deutsche Bank’s executives will be capped at the same limit this year. But a new disclosure shows corporate and investment bank head Jeff Urwin may be worth more compensation than co-Chief Executive Officer John Cryan.
Deutsche Bank's top management should waive executive bonuses for a second year if the lender's results remain poor, retail bank head Christian Sewing told Bild in comments published on Wednesday.
From long hours at Deutsche Bank to baking cupcakes on national TV.
The Securities and Exchange Commission announced that the former head trader in residential mortgage-backed securities (RMBS) at Goldman Sachs has agreed to be barred from the securities industry and pay $400,000 to settle charges that he repeatedly misled customers and caused them to pay higher prices.