China, CICC
Exclusive-China's CICC may cut investment banking headcount by at least 10% this year, sources say
China International Capital Corp (CICC) may reduce its investment banking headcount by at least 10% this year, two people with knowledge of the matter said, as a capital market downturn and sluggish economy darken prospects.
JPMorgan cuts at least six investment banking jobs in Hong Kong, sources say
JPMorgan Chase & Co has become the latest Wall Street firm to reduce its workforce in Hong Kong, two sources with knowledge of the matter said, amid a weaker market and dealmaking activities.The U.S.
China’s CICC Demotes Senior Bankers, Cuts Pay to Slash Costs
China International Capital Corp. is planning to demote some of its senior bankers and cut their pay, people with knowledge of the matter said, an unusual move that could lead to voluntary departures from one of the country’s largest investment banks.
Barclays moves to cut 'a few hundred' investment bank underperformers
Barclays has kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it ramps up efforts to tackle underperformers and reinvest in new talent, sources with direct knowledge of the matter told Reuters.
Chinese investment bank CICC to demote senior bankers, cut their pay to reduce costs
The extremely rare move is being viewed by some staffers as a way for the bank to cut costs without making bankers redundant The efforts to further drive down costs come as deals from IPOs to mergers and acquisitions in China and Hong Kong have plummeted in recent years China International Capital Corp is planning to demote some of its senior bankers and cut their pay,
TMCnet6h
Investment Banks & Hedge Funds Stepping Up Activity in Physical Uranium as Prices Spike
Holders of Denison's securities may receive a free printed copy of the Company's most recent Form 40-F and Annual Report, including the audited financial statements, by sending an email request to ...
Bank of America investment banker dies
NEW YORK, May 6 (Reuters) - An investment banker at Bank of America (BAC.N) has died, the bank said on Monday. The person died of natural causes, according to an email from the New York Office of the ...
GlobalCapital4h
SocGen’s new investment banking structure takes effect
As GlobalCapital reported in March, one of the main changes in the reorganisation of GLBA has been the combination of the syndicate, sales and trading functions from the bond credit business and ...
American Banker5d
These investors are raising $1 billion to be ready when a bank fails
Les Lieberman and other organizers of Porticoes Capital used a shelf charter to buy a spate of failed banks. Now they're ...
Investment Banking Lifts Deutsche Bank Earnings
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations. The quarter saw a ...
BNP Paribas Closes South African Corporate and Investment Bank
BNP Paribas SA has closed its corporate and investment bank in South Africa, the latest example of a European bank scaling back on the continent.
Seven bank-stock picks as industry nears ‘positive inflections’
The Oppenheimer team conducted a detailed analysis of the investment banking industry and set its estimates based on the size ...
Wall Street Journal12d
Deutsche Bank Profit Lifted by Investment Banking Rebound
Deutsche Bank DBK0.20%increase; green up pointing triangle reported a higher profit for the first quarter due to cost controls and a rebound in investment-banking revenue that helped it offset ...