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.
Arsenal have made contact regarding Tyger Smalls, says Jason Maher.
Jurgen Klopp's Liverpool side were beaten by Chelsea in the FA Cup yesterday evening.
Everton look set to move for a new midfielder this summer.
Newcastle United passed on Mbwana Samatta in January.
The creators of Roblox have provided the definitive response to the rumours that the game is shutting down in 2020.
Tottenham Hotspur are due to take on Norwich City in the FA Cup later this evening.
Harry Kane hasn't played for Tottenham Hotspur in over two months.
Premier League underachievers Arsenal have reportedly made an enquiry for AC Milan's Serie A midfielder Franck Kessie - will he join Mikel Arteta's squad?
The 18-year-old Arsenal striker scored another two goals on Tuesday evening.
Mikel Arteta has not handed Ainsley Maitland-Niles a Premier League appearance in two months with Serie A giants Inter and AC Milan both linked.