The investment banking arm of Guggenheim Partners has hired leveraged finance banker Carl Mayer from Nomura in a push to expand its capabilities in the sector.
Deimos Asset Management, the multistrategy hedge fund that was previously housed within Guggenheim Partners, is closing its doors less than two years after its inception, citing a difficult fundraising environment.
Tom Cornacchia, Goldman Sachs’s co-head of fixed-income sales, is leaving after 14 years as the Wall Street firm looks to reverse a multiyear slump in trading.
Italy's largest bank UniCredit is seeking a strategic partner for its asset management business Pioneer, as part of a plan to bolster its capital base, several sources close to the matter said on Wednesday.
There is no guarantee that an Executive MBA will be a ticket into banking. That said, approximately 30 per cent of graduates from Cass and Cambridge Judge Business School go on to take a job in financial services, and top investment banks are still recruiting directly out of business schools.
Moelis & Company has announced the expansion of its global footprint through a strategic alliance with Alfaro, Dávila y Ríos, S.C. (ADR), the leading independent strategic and financial advisory firm in Mexico. Moelis is now present in Brazil and Mexico, Latin America’s two largest markets.
The UK’s jobs market bounced back in August after a rise in full-time jobs that made up some of the ground lost in June and July.
The release of the latest GDP figures brought good news.
Britain's bankers are pushing for transitional arrangements to soften the impact of Brexit.
The Bank of England governor has rejected criticism that the central bank overcooked warnings of a hit to the economy after a vote to leave the EU despite signs that the downturn will be shallow.
The dramatic collapse in the pound overnight is being scrutinised by the Bank of England amid suggestions that a “fat finger” error or computer-generated trade was behind the slide in sterling to a new 31-year low.
JPMorgan's David Kelly says the economy is strong enough to withstand a hike.
Philip Hammond has ruled out a “splurge” in public spending to support the economy in next month’s autumn statement and said that any help to boost demand would be on only small projects that deliver productivity improvements.