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.
Mauricio Pochettino's Tottenham Hotspur side will be without Harry Kane on Wednesday, but Manchester City have injury concerns of their own.
Everton midfielder Andre Gomes is reportedly attracting interest from Tottenham Hotspur.
The Tottenham Hotspur whizkid was deprived of the chance to show how far he has come.
Liverpool are one of three clubs reportedly interested in signing the Bayer Leverkusen winger.
Liverpool are two points clear of Manchester City after winning against Chelsea at Anfield.
Leeds United beat Sheffield Wednesday 1-0 on Saturday afternoon.
Mo Salah scored arguably his best Liverpool goal as Jurgen Klopp's Premier League leaders stunned Chelsea 2-0 at Anfield.
Tottenham Hotspur are unbeatable when they're on, according to the Kenyan.
Leeds United have a three-point cushion to Sheffield United in the hunt for automatic promotion to the Premier League.
Tottenham have reportedly banned supporters from their new stadium for persistent standing.