Investment Bankers

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Bank of America said to have let bankers go

Departure

Bank of America has axed three investment bankers from its Brazilian unit and is in the process of eliminating seven from its brokerage in Chile as part of a series of global cuts, according to people with knowledge of the matter.

UBS is hiring senior investment bankers

Globe

UBS is adding to its ranks of senior investment bankers in Asia for the first time since the global financial crisis, seeking to wring market share in dealmaking away from competitors that are reorganizing.

Pay - Asset managers up, bankers down

Gold Bar And Coins

Bankers' pay have come under renewed scrutiny following the storm surrounding the European Union's move to cap bonuses , but a new report shows that around the world pay at the big institutions has fallen sharply since the onset of the financial crisis - while asset manager salaries have climbed steadily.

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Departure

Bank of America said to have let bankers go

Bank of America has axed three investment bankers from its Brazilian unit and is in the process of eliminating seven from its brokerage in Chile as part of a series of global cuts, according to people with knowledge of the matter.

Globe

UBS is hiring senior investment bankers

UBS is adding to its ranks of senior investment bankers in Asia for the first time since the global financial crisis, seeking to wring market share in dealmaking away from competitors that are reorganizing.