Credit Suisse has hired Michael Eilert as head of US par loan trading, according to an internal memo from the bank.
Royal Bank of Scotland has had contact regarding the possible sale of its U.S. retail business Citizens with Sumitomo Mitsui Financial Group while Mitsubishi UFJ Financial Group has also considered a bid, people with knowledge of the matter said.
Not good to hear this time this time of year.
Morgan Stanley and Mitsubishi UFJ Financial Group’s chief executive officers will meet this week in Tokyo to discuss deepening their partnership, said two people with knowledge of the matter.
Mitsubishi UFJ Financial Group has suspended two London-based traders amid a growing investigation into the suspected manipulation of the Libor interbank lending rate.
Bloomberg's Gigi Stone reports on Friday's top news including Mitsubishi UFJ Financial Group looking to hire 3,000 people, Wells Fargo to buy Merlin Securities and Credit Suisse sees continued low levels of client activity.
Not quite, but it sometimes feels like it.
Despite tough market conditions in many areas of the financial markets, firms are doing all they can avoid laying off large numbers of staff.