Turkish central banker Erkan says country is determined to achieve disinflation -sources
By Nevzat Devranoglu NEW YORK/ANKARA (Reuters) -Turkey is committed to achieving disinflation, central bank chief Hafize Gaye Erkan told investors on Thursday while anticipating the completion of the monetary policy tightening cycle…
Top Citigroup industrials banker to join Jefferies -sources
By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) – Investment bank and capital markets firm Jefferies has hired industrial banker Francis Tucci from Citigroup for a senior role, according to sources…
Investment Banker Pleads Guilty to Tax Evasion
A U.S. citizen residing in the Principality of Monaco pleaded guilty today to tax evasion for concealing from the IRS over $5,130,000 in income derived from a real estate transaction and securities…
Yellen, China’s top central banker talk about debt, economic developments -US Treasury
MARRAKECH, Morocco (Reuters) – U.S. Treasury Secretary Janet Yellen and People’s Bank of China Governor Pan Gongsheng on Friday held a “substantive and productive” meeting that covered debt, financial architecture and future…
China bans Nomura senior investment banker from leaving mainland -sources
HONG KONG (Reuters) – Authorities in China have ordered a senior Nomura Holdings banker overseeing the firm’s investment banking operations there not to leave the mainland, two sources with knowledge of the…
Deutsche Bank hires internet banker Withey from Barclays – sources
By Milana Vinn (Reuters) – Deutsche Bank AG has hired Ainslee Withey, a Barclays technology banker, as a managing director in its technology investment banking group for internet dealmaking, according to people…
Italy’s bad loan proposal risks damaging crucial market, senior banker says
MILAN (Reuters) – A law proposed by the Italian prime minister’s party to help those in arrears risks damaging the country’s non-performing loan (NPL) market, which played a crucial role in helping…
Polish central banker says there are reasons to cut interest rates
WARSAW (Reuters) – If the downward trend in inflation continues and other macroeconomic factors do not change radically, there are reasons to discuss lowering interest rates, Polish central banker Gabriela Maslowska was…
Jefferies hires Credit Suisse banker Gegenheimer for tech dealmaking -sources
By Milana Vinn (Reuters) – Jefferies has hired Credit Suisse investment banker Jon Gegenheimer in its latest efforts to boost its U.S. technology dealmaking franchise, according to people familiar with the matter.…
Top Lazard restructuring banker Kurtz departs for Hilco
By Mike Spector NEW YORK (Reuters) – David Kurtz, Lazard Ltd’s global head of restructuring, has agreed to join Hilco Global, the financial advisory firm that helps failing retailers liquidate told Reuters.…
US banker bonuses to sink as much as 25% on sluggish deals -consultant
By Lananh Nguyen NEW YORK (Reuters) – U.S. investment bankers who advise companies on deals can expect their bonuses to sink 20% to 25% this year as markets stay subdued, according to…
Morgan Stanley hires healthcare services banker Cohen from Truist
By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) – Morgan Stanley has hired veteran investment banker Daniel Cohen from Truist Financial Corp, where he was the head of the firm’s healthcare…
Lazard fires senior banker for inappropriate behavior -source
NEW YORK (Reuters) – Investment bank Lazard terminated a managing director for inappropriate behavior over the weekend, according to a source familiar with the situation. Incoming CEO Peter Orszag sent a memo…
Ex-Goldman banker convicted of insider trading
By Jody Godoy (Reuters) – A former Goldman Sachs banker was convicted of insider trading by a New York jury on Wednesday, after prosecutors said he passed tips about potential mergers to…
Ex-Goldman Sachs banker stole merger details, prosecutor tells jury
By Jody Godoy A former Goldman Sachs banker leaked details of potential corporate mergers to a friend who traded on the information, a prosecutor told a New York jury during opening arguments…
Citigroup hires former UBS banker for energy dealmaking – memo
By David French and Anirban Sen (Reuters) – Citigroup Inc has hired former UBS Group AG banker Dan Ford as a vice chairman within the natural resources and clean energy transition group…
Czech central banker Holub: raising rates more would still makes sense
PRAGUE (Reuters) – Raising the Czech National Bank’s interest rates further would still make sense as it could serve as a signal that the central bank has not given up on its…
Ex Barclays banker says faced racial hostility after whistleblowing
By Kirstin Ridley LONDON (Reuters) – A former Barclays banker alleges he was undermined, harassed and denied appropriate compensation and promotion because of his Cameroonian background after raising concerns about how the…
Czech central banker: no rate cuts until inflation clearly lower -magazine
PRAGUE (Reuters) – The Czech National Bank (CNB) should not cut interest rates until inflation is clearly lower as rates need to stay higher for longer to slow price growth, central bank…
Former Goldman banker must forfeit $35.1 million in 1MDB corruption case
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) – A U.S. judge on Friday ordered former Goldman Sachs Group Inc banker Roger Ng to forfeit $35.1 million, after sentencing him to…
Mexico’s top central banker: Mexican banks robust, have sufficient cash
MERIDA, Mexico (Reuters) – Bank of Mexico Governor Victoria Rodriguez vouched for the country’s banking system on Thursday, calling it robust and sufficiently liquid, just days after banking woes struck lenders abroad,…
Credit Suisse Singapore CEO to leave in latest banker exit at firm
SINGAPORE (Reuters) – Credit Suisse Singapore chief executive officer, Chien Chien Wong, is leaving to pursue outside interests, according to a memo seen by Reuters, in the latest senior banker departure from…
Australia’s top central banker to face lawmaker ire over rate hikes
SYDNEY (Reuters) – Australia’s top central banker will face a grilling at parliamentary hearings this week after surprising many with a hawkish turn on interest rate hikes that are adding to already…
Goldman Sachs names banker in senior Americas trading role-memo
NEW YORK (Reuters) – Goldman Sachs Group Inc has named Benny Adler to lead the bank’s trading efforts on public capital market deals in the Americas, according to an internal memo seen…
Goldman Sachs names investment banker in new transaction banking role
NEW YORK (Reuters) – Goldman Sachs Group Inc has appointed Akila Raman as chief commercial and strategy officer of transaction banking within its newly formed Platform Solutions unit, according to an internal…
Mexican central banker says ‘it is clear’ economy is slowing
MEXICO CITY (Reuters) – Mexico’s economy is slowing, Bank of Mexico deputy governor Jonathan Heath said on Friday after official data showed economic activity shrank in November and December. Economic activity in…
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