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Prime Brokerage
UBS’ Sergio Ermotti Floats Frankfurt as Destination for Bank’s London Jobs
"I think Frankfurt is a location of choice. There are different, other locations that could come into consideration.”
Wednesday, 12/07/2017 | 09:05 GMT
by
Jeff Patterson
Regulation
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.
Thursday, 06/07/2017 | 08:44 GMT
by
Jeff Patterson
Prime Brokerage
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.
Thursday, 22/06/2017 | 10:05 GMT
by
Jeff Patterson
Prime Brokerage
Bank of America Becomes First Major US Lender to Initiate Job Cuts
Standard cost-cutting measure or signs of an industry contraction?
Thursday, 15/06/2017 | 15:35 GMT
by
Jeff Patterson
Prime Brokerage
Credit Suisse to Add 1,200 Jobs in North Carolina, Siphoning Talent from NYC
Credit Suisse is bolstering its Raleigh operations, shifting jobs from New York.
Thursday, 11/05/2017 | 14:02 GMT
by
Jeff Patterson
Prime Brokerage
Deutsche Bank’s Compliance Staff Hiring Bucks Trend of Layoffs
At least one segment of Deutsche Bank has seen an increase of hires at a time when the rest of personnel are on notice.
Monday, 01/05/2017 | 11:34 GMT
by
Jeff Patterson
Prime Brokerage
Deutsche Bank Could Move 4,000 Jobs from London to Frankfurt
Brexit is starting to bite as Deutsche Bank could be forced to relocate many London jobs.
Wednesday, 26/04/2017 | 20:56 GMT
by
Victor Golovtchenko
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Prime Brokerage
Commerzbank Stays the Course, Portends 7,800 Job Cuts in Restructuring Move
7,600 more workers will be out of work as Commerzbank takes a 'lean and mean' approach in 2017.
Thursday, 06/04/2017 | 15:35 GMT
by
Jeff Patterson
Prime Brokerage
HSBC to Strengthen its Wealth Management Arm in Asia with 1,000 New Jobs
HSBC is adding 1,000 jobs to its Asian wealth management arm, building on its existing pool of 2,400.
Friday, 24/03/2017 | 10:51 GMT
by
Jeff Patterson
Prime Brokerage
Brexit Fallout Could Sap UK Finance Jobs Nationwide
London isn't the only UK city poised to see widespread job cuts in the financial sector as the Brexit looms.
Tuesday, 28/02/2017 | 07:30 GMT
by
Jeff Patterson
Prime Brokerage
EU Financial Transaction Tax Shaken as Race for London Jobs Intensifies
The finance ministers of ten countries are set to meet in Brussels in February to try and put the effort back on track.
Monday, 20/02/2017 | 10:19 GMT
by
Victor Golovtchenko
Prime Brokerage
Credit Suisse to Axe Another 5,500 Jobs After $2.4 Billion Loss in 2016
Credit Suisse is taking further steps to reduce its head count in 2017 after a second yearly loss.
Tuesday, 14/02/2017 | 10:19 GMT
by
Jeff Patterson
Technology
Thousands of Jobs Under Threat as Banks Embrace Artificial Intelligence
New technologies mean that banks could make vast savings in compliance but at a risk to jobs.
Wednesday, 25/01/2017 | 07:42 GMT
by
Finance Magnates Staff
Prime Brokerage
US Bankers Propose Cautious Brexit Plan for City Jobs
US banks want more time to make a decision on how many jobs to move out of London.
Friday, 20/01/2017 | 09:56 GMT
by
Finance Magnates Staff
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Prime Brokerage
Goldman Sachs Considers Cutting London Staff by 50% Post Brexit
Trading operations could move to the bank’s New York headquarters while back-office staff may relocate to Warsaw.
Thursday, 19/01/2017 | 07:25 GMT
by
Finance Magnates Staff
Prime Brokerage
The Guardian: Brexit Could Cost London Over 230,000 Finance Jobs
Thousands of financial services staff could lose their jobs if London loses euro clearing and passporting rights after Brexit.
Wednesday, 11/01/2017 | 07:57 GMT
by
Finance Magnates Staff
Technology
Calypso Technology Seals Success with Multiple Hires Scheduled for 2017
The announcement comes after a bumper year for the technology provider.
Monday, 12/12/2016 | 10:55 GMT
by
Finance Magnates Staff
Prime Brokerage
Deutsche Bank Offloading 3,400 Trading Clients to Help Stimulate Profits
Deutsche Bank has parted ways with 3,400 cost-intensive clients, part of its latest strategy to garner profits.
Friday, 02/12/2016 | 20:22 GMT
by
Jeff Patterson
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