Bank elevates global heads of M&A and risk for investment banking and trading
Employees will be paid directly for generating business instead of sharing revenue between the group’s units
Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings
The difference between good and bad leaders turns on whether they recognise when pressure is productive
After years of complaints, Vis Raghavan had been told he was out of a job. Three days later, Citi hired him
Disparate pricing raises prospect of investors earning unequal returns in the same deal on the basis of who their banker is
Wall Street bank’s rates desk was key driver behind unexpected drop in fixed-income revenue
JPMorgan and Goldman among Wall Street lenders taking advantage of Trump’s looser rules
Large investment banks have become increasingly reliant on markets financing, report says
JPMorgan Chase, Citigroup and Wells Fargo reported more than $25bn of profits for the first quarter
AI-inspired stock routs, the war in Iran and private credit were no hindrance to Wall Street bank
Acquisition is latest move by US investment banks to expand in Europe
Five largest US lenders expected to unveil highest combined trading revenues since at least 2014
Revised goals involve net revenue and value of assets clients entrust to bank as business has lagged Wall Street peers
The outlook is stormy with oil prices, Treasury rates and corporate debt spreads spiking as the Iran war continues
Investment fund owned by bank provided off-balance sheet financing to collapsed car parts supplier
Japan’s Sumitomo Mitsui Financial Group is working on plans for a possible takeover of the Wall Street investment bank
As interest rates have moved higher the US investment bank’s soured legacy deals and investments are coming to the fore
Sumitomo Mitsui’s banking unit holds minority stake in US investment bank
French bank boosted by deals including £9.9bn Schroders takeover
David Handler, a technology dealmaker, wins reversal from Delaware Supreme Court
David Solomon’s comments in annual shareholder letter underscore Wall Street’s wariness around non-bank lending
Tool checks staff are not under-reporting time they spend working
Stefan Hoops, chief executive of DWS, to join bank’s management board and Fabrizio Campelli appointed deputy CEO
An interview with four young men in finance dressed in Armani jackets and Hermès ties exposes several tensions
