JP Morgan shakes up $2bn tech and operating costs
US bank prepares firm-wide scheme to integrate platforms and cut costs
View ArticleEx-Oriel debt chief takes lending back to basics
Michael Berry's next venture is a credit fund targeting UK business investment
View ArticleRecord July for corporate bonds in Europe
An aversion among investors to struggling sovereigns and banks in the region has driven demand for safe-haven corporate assets
View ArticleCiti sheds research staff in London and New York
The US bank has reduced headcount in its research teams covering the European technology and US pharmaceuticals sectors, according to sources
View ArticleGoing for gold: Abdul Buhari at Credit Suisse
A full-time job in banking is no barrier to Olympic glory. FN will this week profile four medal prospects for London 2012 who combine sporting achievement with success in the world of finance
View ArticlePost-Libor business still good, say Barclays bosses
The bank has done brisk business since the Libor story broke, including three initial public offerings, five M&A transactions and a number of multi-billion bond issues
View ArticleBanks miss out on $1.2bn in fees as IPO market shrinks
Volatile markets and spooked investors continue to hit investment banks' flotation fees
View ArticleNomura won’t turn just Japanese
There are flaws in the assumption that Watanabe’s resignation will end the firm’s global ambitions
View ArticleQ&A with Daniel Pinto: Co-CEO of JP Morgan CIB
JP Morgan's most senior banker in London, appointed to his new role last week, talks to Financial News about the firm's decision to combine its corporate and investment banks
View ArticleGBM profits survive Europe nosedive at HSBC
The European business of HSBC’s global banking and markets unit suffered from a lack of stimulus from the ECB in the second quarter
View ArticleThe hidden costs killing investment banks
Banks have made surprising progress in cutting pay, but non-compensation costs are proving to be remarkably stubborn
View ArticleManchester United sets price range for IPO
The football club abandoned an attempt to list in Singapore last year
View ArticleFinancial buyers power utilities dealmaking
Over half of all M&A deals in the sector during the second quarter involved financial buyers, which are on the lookout for assets with stable cash flows
View ArticleRBS braces itself for a Libor deal
The fears among some inside RBS focus on whether a settlement would undermine Hester
View ArticleCantor chiefs plot roadmap to European growth
The New York-based brokerage has hired 17 staff for a tilt at Europe's corporate advisory market and hopes it can set itself apart from the competition by emulating its US business
View ArticleDeutsche 'disappoints' as securities profits sink
Analysts lament German investment bank's high cost/income ratio as corporate banking and securities unit reports 63% fall in pre-tax profits
View ArticleErmotti warns of 'need to adapt' in new era
UBS chief executive says investment banking industry is 'in a mid-nineties environment' as Swiss bank reports second quarter loss that includes $350m hit from Facebook’s initial public offering
View ArticleInvestment bank to bear brunt of savage cuts at Deutsche
Anshu Jain tells analysts that 1,500 jobs will go at Deutsche Bank's investment bank as part of an ongoing cost-cutting drive
View ArticleDun & Bradstreet taps banks to explore potential sale
The 171-year-old credit and business data company could attract private equity buyers
View ArticleJury finds ex-Citigroup employee not liable of negligence
The verdict may set back the SEC's efforts to pursue alleged misconduct in the financial crisis
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