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 …
bankers
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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 …
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Business News
Analysis-Technology deal doldrums give bankers the job-hopping itch
by Reutersby ReutersBy 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 …
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Business News
Bankers see stable interest rates reviving Asia’s capital markets in second half
by Reutersby ReutersBy 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 …
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Business News
Analysis-China bankers told to shun flashy clothes, 5-star hotels in austerity drive
by Reutersby ReutersBy 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 …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Tim Scott Part Of Bipartisan Effort To Water Down Penalties On Bad Bankers
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 …
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Business News
UBS to impose restrictions on Credit Suisse bankers after takeover complete, FT says
by Reutersby Reuters(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 …
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Business News
Turkish central bank signals to banks it may soften measures -bankers
by Reutersby ReutersBy 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 …
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Business News
Credit Suisse bankers leaving by the hundreds every week – sources
by Reutersby ReutersBy 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 …
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Business News
Turkey cenbank gross reserves seen down $5 billion last week -bankers
by Reutersby ReutersANKARA (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 …
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Business News
JPMorgan bankers met with Epstein after his accounts were closed – WSJ
by Reutersby ReutersNEW 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, …
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Business News
Turkey’s cenbank urges banks to avoid creating forex demand, bankers say
by Reutersby ReutersBy 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, …
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US and World News
Four bankers who helped Putin’s friend set up Swiss bank account convicted
by Reutersby ReutersBy 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 …
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Business News
US consumer bankers tighten monitoring, processes as industry reels
by Reutersby ReutersBy 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 …
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Business News
Bankers at US midsize lenders battle to keep deposits after exodus
by Reutersby ReutersBy 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 …
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Business News
UBS mulls sweeteners to keep Credit Suisse wealth bankers – source
by Reutersby ReutersBy 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 …
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Business News
Bank of America names senior Europe TMT bankers in reshuffle – memo
by Reutersby ReutersBy 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 …
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Business News
Ukraine’s Zelenskiy met JPMorgan bankers over rebuilding efforts
by Reutersby ReutersNEW 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 …
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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 …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
‘Grave Error’: Former Clinton Treasury Secretary Warns Central Bankers Against Going Soft On Inflation
‘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 …
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Business News
Brexit lifts number of million-euro-a-year bankers in EU, watchdog says
by Reutersby ReutersBy 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 …
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Business News
Citigroup hikes pay for junior bankers despite tough year – Bloomberg News
by Reutersby Reuters(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 …
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(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 …
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Business News
Ex-Goldman bankers tap LinkedIn, headhunters in frail financial jobs market
by Reutersby ReutersBy 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 …
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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 …