China creates USD 230 billion brokerage powerhouse, eyes sector consolidation
The combined entity, with 1.6 trillion yuan in total assets, will overtake Citic Securities as China's largest brokerage...
Tag : investment banks
HSBC resorts to cost-cutting measures affecting up to 10,000 jobs
The move is under the leadership of interim CEO Noel Quinn...
Goldman bank licenced to operate in South Africa as part of expansion
The bank has become a member of Johannesburg Stock Exchange’s interest-rate and currency-derivatives market...
Goldman’s workforce expansion in China is part of five-year strategy plan
The headcount will increase by 600 employees in Goldman Sach’s mainland operations...
UBS to cut 500 jobs equal to 2% of global wealth workforce
UBS’ decision is aimed at reviving its business and strengthening regional units...
Lazard and Moelis to advise Saudi Aramco on planned IPO
The two banks aim to ensure Saudi Aramco reaches the expected valuation of $100 billion from a 5 percent stake sale in the company...
The cloud advantage in investment banking
Cloud has become an exemplar of “democratisation of IT” in the banking industry because of the opportunity it presents to access “very high-end technology,” says Andrew Rossiter, Head of Technology Services at GFT...
Europe’s brightest investment banks recruit after years of restructuring
Credit Suisse, Deutsche Bank, UBS and Barclays Bank recruited 285,500, end of last year...