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HSBC to shed $100 bn in assets, slash 35,000 jobs over three years

Finance

18 February, 2020

HSBC to shed $100 bn in assets, slash 35,000 jobs over three years

HSBC Holdings said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and ......

Royal Bank of Scotland to slash investment bank, rebrand as NatWest

Finance

14 February, 2020

Royal Bank of Scotland to slash investment bank, rebrand as NatWest

Royal Bank of Scotland's new Chief Executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including...

Bankers in Asia brace for a virus-related deal drought

Finance

11 February, 2020

Bankers in Asia brace for a virus-related deal drought

Bankers in Asia are bracing for a deal drought as efforts to limit the spread of the coronavirus epidemic have ......

Citi's corporate banking arm aims to pick up steam as market cools down

Finance

14 January, 2020

Citi's corporate banking arm aims to pick up steam as market cools down

When Citigroup Inc combined businesses that cater to big companies in 2018, management wanted dealmakers, traders and traditional...

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

Finance

21 November, 2019

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......

Credit Suisse shakes up leadership at struggling investment banking unit

Finance

11 November, 2019

Credit Suisse shakes up leadership at struggling investment banking unit

Credit Suisse on Monday appointed David Miller, the bank's global head of credit, to take charge of its floundering investment...

Lazard axes 200 jobs as profit falls amid dealmaking slowdown

Finance

01 November, 2019

Lazard axes 200 jobs as profit falls amid dealmaking slowdown

Lazard Ltd said on Thursday it had axed about 200 employees after a review of its business, as the investment ......

UBS axing investment banking jobs as earnings continue to slide

Finance

22 October, 2019

UBS axing investment banking jobs as earnings continue to slide

Swiss bank UBS (UBSG.S) is axing high-paying investment banking staff after a disappointing performance at the division prompted...

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Investec beefs up India team to boost mid-market coverage

Finance

10 October, 2019

Investec beefs up India team to boost mid-market coverage

Investec Capital Services (India) Pvt. Ltd has expanded its team for investment banking and equity capital market businesses to...

Premium
Investment bank Lazard downsizing India operations

Finance

09 September, 2019

Investment bank Lazard downsizing India operations

New York-listed investment bank Lazard Ltd is said to be scaling down its India operations and laying off executives, VCCircle...

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