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
British bank reports 13% decline in quarterly profits but still beats analysts’ expectations
First-quarter net income increased 10% from a year earlier to €1.45bn
Purchase shines light on wealth accumulated by longtime chief executive Rich Handler
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continent
Dealmaking may have picked up but there is still a need for caution after a protracted slump
Plus, Raiffeisen Bank touts Russian growth in job ads and an investment banking boost in the US
Quarterly profits rise 14% after better than expected quarter for traders, investment banking and wealth management arm
Bank has tried to build a massive wealth and asset management business that brings in steady fees
UK Edition