Societe Generale could shed 1,500 investment banking jobs as part of a cost-cutting plan, French newspaper Le Figaro reported.
The firm, however, seems to think it has a viable plan.
'You can hardly run this business with less'.
It’s not quite working for free, but it’s pretty close.
Plans to cut jobs in less profitable investment banking businesses.
Here's our best estimates of when 2018 bonuses are likely to be announced / paid.
Bloomberg News reports that Societe Generale is planning to substantially cut costs at its corporate investment-banking unit, a person familiar with the matter said, after the bank warned that “challenging” conditions in the fourth quarter dented revenue from market units.
Houlihan Lokey announced the appointments of Christian Keller and Ann Sharkey to further strengthen the firm’s European Financial Sponsors Group.
'Control these excessively large costs'.
Deutsche Bank, struggling to enact a turnaround, has seen a surge in turnover among investment bankers in Asia since May, as cost-cutting and sinking morale has prompted dealmakers to leave, people with knowledge of the matter said.
Newcastle United forward Dwight Gayle could move on this summer, with Leeds United big admirers of the forward.
Tottenham Hotspur are among the clubs reportedly interested in Samuel Umtiti.
Arsenal are reportedly keen on Coritiba defender Yan Couto.
Celtic could miss out on Andraz Sporar.
Tottenham Hotspur are said to be interested in Barcelona defender Samuel Umtiti.
Tottenham Hotspur will be without Moussa Sissoko for three months.
Celtic are believed to be hunting a new centre forward, with Aston Villa's Scott Hogan on their radar.
Jose Mourinho's Tottenham Hotspur are reportedly looking to loan Kyle Walker-Peters out and Crystal Palace are said to be interested.
Arsenal are said to be interested in snapping up Boubakary Soumare, as Mikel Arteta looks to strengthen his midfield.
Leeds United have made Southampton's Che Adams one of their top targets for the January transfer window.