Nomura to Lay Off 100 Employees in its European Business The firm is also planning to downscale is G10 FX, emerging markets and flow credit business.
Exclusive: Nomura Part Ways With ex-Global Head of FX Trading Nigel Khakoo Finance Magnates understands that the former Global Head of FX Trading was amongst the 50 traders who lost their ...
Deutsche Bank Takes Aim at Equities Segment, Cutting 7,000 Jobs Will the fresh cuts under a new CEO finally score a rebound for Deutsche Bank?
Deutsche Bank Taps Christian Sewing as CEO, Replacing John Cryan Christian Sewing will take over as the CEO of Deutsche Bank following three straight annual losses
Deutsche Bank Initiates Layoffs in Cost-Cutting Effort The German lender's job cuts will include at least 250 employees globally.
Credit Suisse Incurs $1.05b Yearly Loss Due to US Tax Writedown The lender has proposed a reduced dividend given a one-time tax writedown of $2.47 billion in 2017
Deutsche Bank Sees Annual Loss Amidst US Tax Reform, Market Challenges US tax reform caused a massive non-cash tax charge of €1.4 billion that sunk the group's yearly profits.
Fears of Mass Brexit Relocation Falling Short of Reality Current estimates of job relocations have fallen to around 5,000.
SIX’s Jürg Weber to Relinquish Role as Division CEO, Payments Services Marc Schluep will take over as the new Division CEO at the end of the month, replacing Weber.
Mizuho to Slash Global Workforce by 24% Over Next Decade The lender is portending upwards of 19,000 job losses in its latest cost-cutting strategy.
Deutsche Bank’s CEO Cryan on the Hot Seat as Investor Patience Wanes Key investors have opened the door to a potential replacement as early as May 2018.
Deutsche Bank’s Cryan Sees Robots Replacing Large Number of Personnel Could a robot really do your job?
Countdown to January: the Double-Edged Sword of MiFID II Increased transparency and new regulations could come at a cost.
ADS Securities London Sees Losses Decline in FY 2016, Revenues Rebound Losses fell by 42 percent in 2016, following large staff cuts and other internal measures.
Doom and Gloom? Are European Banking Earnings Poised for a Pullback in Q2? Optimism surrounding European banks may be short lived with expectations pointing to a decline in Q2.
UCITS Funds Face Regulatory Crackdown in EU, Spurred by Brexit Letterbox entities are being targeted in a new regulatory shakeup, which collectively hold up to $10.3 trillion in assets.
Rob Allard’s Reunion with Deutsche Bank Scrapped, Leaving Fixed Income Void A plan for Rob Allard to rejoin Deutsche Bank as its new US Head of Fixed Income Sales was ...
Banks Primed to Slash Analyst Jobs by 30% as MiFID II Looms New reporting regulations under MiFID II will force banks to disclose research spending.
Could MiFID II Regulations Spark Contraction in Research Industry? New regulations necessitating the disclosure of research costs could lead to a reduction of analysts and personnel.
Credit Suisse Pegging Growth Hopes on Leverage Finance Space The bank is strengthening its US and EMEA leveraged finance operations as it moves forward in its restructuring plan.