Germany’s largest lender pauses buybacks after legal charge tied to acquisition of Postbank
France’s biggest bank reports revenue surge after election volatility and an ECB rate cut propelled client demand
Goldman Sachs, JPMorgan Chase, Morgan Stanley, Bank of America and Citigroup reported $8.2bn in fees
Bank reports 40% rise in quarterly profits but wealth unit struggles to attract assets with interest rates higher
Banking returns were superior at the time of its IPO 25 years ago
US investment bank’s results also helped by stronger performance from equities and fixed-income trading
Ardea Partners hires City grandee Sir Ian Cheshire as it tries to win more business in Britain
Equity issued to Viswas Raghavan who joined from JPMorgan in June will vest over seven years
Investment revenue is expected to rise 30% over past year as lenders report earnings this week
Bonuses are supposed to fluctuate with market conditions — they are instead sticky
Wall Street and European groups scaled back in 2023 in ‘challenging’ environment
Jonathan Kaye turned himself in to authorities a week after resigning from senior role at boutique advisory firm
Plus, Adnoc’s drawn-out courtship for one of Germany’s largest companies and private credit giant HPS plots its next move
Jonathan Kaye was placed on leave after clip of altercation with apparent Palestinian supporters appeared on social media
Morgan Stanley’s Ted Pick is the latest chief executive touting a unified slogan in a bid to bust staff silos
German lender has aggressively expanded parts of its investment bank over past 18 months
It is not only junior staffers that are feeling the burden of rising workloads and demands amid intense competition
Jane Fraser’s hiring of three new leaders to boost turnaround project prompts speculation one could be next in line
Wall Street group begins probe after online video shows man punching person at Brooklyn Pride event
Barack Obama’s economist has brought star power to a faded investment bank, but rank and file have doubts about his plan
The bank is developing plans for referral bonuses based on a set formula despite opposition in its ranks
Criminal trial of founder Bill Hwang begins this week
Fee revenue is up at boutique firms as borrowing costs force more clients to restructure
Lloyd Blankfein, Hank Paulson, David Solomon and others on what has changed since its seminal listing in 1999
Investment bank and brokerage boosted by surging stock and fixed-income trading