Marketmind: G4 central bankers speak, chips wars rumble
A look at the day ahead in U.S. and global markets from Mike Dolan Eyeing another slew of impressive U.S. economic soundings, the world’s four most powerful central bankers are…
A look at the day ahead in U.S. and global markets from Mike Dolan Eyeing another slew of impressive U.S. economic soundings, the world’s four most powerful central bankers are…
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co is cutting nearly 40 investment bankers in the U.S., a source with knowledge of the matter said. The reductions…
By Milana Vinn NEW YORK (Reuters) – When a senior Goldman Sachs technology banker delivered a grim prediction to his colleagues earlier this year, it marked the beginning of downturn…
By Scott Murdoch and Yantoultra Ngui SYDNEY/SINGAPORE (Reuters) – Asia’s dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in…
By Xie Yu, Ziyi Tang and Julie Zhu HONG KONG (Reuters) – From cutting salaries and bonuses and asking staff not to wear expensive clothes and watches at work, to…
Tim Scott Part Of Bipartisan Effort To Water Down Penalties On Bad Bankers Will Kessler on June 16, 2023 Republican Sen. Tim Scott has joined forces with Democratic Sen. Sherrod…
(Reuters) – UBS AG is set to impose tight restrictions on Credit Suisse bankers, including a ban on new clients from high-risk countries and on complex financial products, the Financial…
By Nevzat Devranoglu ANKARA (Reuters) – Turkey’s central bank signalled at a meeting with senior bankers that it would respond positively to the banks’ requests to soften some measures which…
By Noele Illien and Stefania Spezzati ZURICH (Reuters) – Hundreds of Credit Suisse’s employees are resigning each week in a sign of uncertainty gripping the lender while it is being…
ANKARA (Reuters) – Turkish central bank total gross reserves are expected to have fallen more than $5 billion to about $116 billion last week due to rising foreign currency demand…
NEW YORK (Reuters) – JPMorgan Chase & Co bankers continued to have meetings with the sex offender Jeffrey Epstein even after the bank decided to close his accounts in 2013,…
By Nevzat Devranoglu ANKARA (Reuters) – Turkey’s central bank has been urging banks in recent weeks to avoid steps that could create demand for foreign currency as May elections loom,…
By John Revill and Oliver Hirt ZURICH (Reuters) – Four bankers who helped a close friend of Vladimir Putin move millions of francs through Swiss bank accounts have been convicted…
By Nupur Anand and Tatiana Bautzer Las Vegas (Reuters) – Consumer and mid-sized banks are planning to monitor their internal processes more closely and hold more frequent discussions with regulators…
By Tatiana Bautzer and Nupur Anand LAS VEGAS (Reuters) – Mid-sized U.S. lenders are getting creative as they try to hang onto customer deposits after two bank failures rattled consumers…
By Stefania Spezzati LONDON (Reuters) – UBS Group AG told Credit Suisse wealth bankers it’s weighing financial sweeteners for them to stay as it seeks to reassure key staff following…
By Amy-Jo Crowley LONDON (Reuters) – Bank of America has made a handful of senior appointments within its investment banking team advising European technology, media and telecom (TMT) companies, an…
NEW YORK (Reuters) – Ukrainian President Volodymyr Zelenskiy met with bankers from JPMorgan Chase & Co last week to get their advice on rebuilding the country and weathering the financial…
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Central bank policy announcements, once viewed as the rule book for how markets should move, are not resonating with traders any…
‘Grave Error’: Former Clinton Treasury Secretary Warns Central Bankers Against Going Soft On Inflation Harold Hutchison on January 20, 2023 Former Secretary of the Treasury Larry Summers urged central banks…
By Huw Jones LONDON (Reuters) – More Brexit-related relocations from London and rise in trading increased the number of bankers earning more than a million euros a year in the…
(Reuters) – Citigroup Inc is boosting compensation for most of its junior bankers by as much as 15%, Bloomberg News reported on Wednesday, highlighting the talent war on Wall Street…
(Reuters) – Swiss lender Credit Suisse is looking to cut more than 10% of its staff of European investment bankers this year, the Financial Times reported on Saturday, citing people…
By Scott Murdoch, Selena Li and Sinead Cruise SYDNEY/HONG KONG/LONDON (Reuters) – Newly unemployed Goldman Sachs workers are tapping head-hunters after losing their jobs in its biggest restructuring since the…
MILAN (Reuters) – Citigroup is cutting as many as 50 jobs in the Europe, Middle East and Africa (EMEA) region, two people close to the matter said. Citi declined to…