114 articles found within the last year.
Displaying results 41 - 60
-
Goldman makes impressive return to form
Just under nine months after being forced to ... Speaking at the London Business School’s Global Leadership ... Second-quarter numbers are likely to show Goldman Sachs ... Morgan Stanley analysts estimate Goldman Sachs’ investment banking ... The increase in equity fees was largely a...
-
HSBC chief criticises 'guaranteed bonus' culture
HSBC’s chief executive has railed against the return ... Speaking at the Euromoney award dinner last night, ... Geoghegan said banks needed to ensure staff were ... He said: “We run on a philosophy that ... Speaking last month, HSBC chairman Stephen Green offered ... Geoghegan’s speech to an audience of more than...
-
UBS rebuilds in equity sales
UBS has begun to rebuild in European equity ... Ben Watson returns to UBS as an executive ... Watson, who already has 12 years of service ... Another new addition to the beefed up team ... West, who has 24 years of sell-side experience ... In May and June, the Swiss bank suffered...
-
Goldman buoyed by 140% fee forecast
Goldman Sachs has recorded the largest quarter-on-quarter increase ... Revenues from debt and equity underwriting, and mergers ... Equity capital market was largely responsible for the ... Goldman is due to release its second quarter ... The world’s largest fee earner remains JP Morgan,...
-
Bank staff fall short on regulatory know-how
Nearly half of investment banks are concerned about ... First Finance, an external provider of financial training ... Of those interviewed 45% said their own teams ... Peter Niklewicz, head of UK operations at First ... “The wide-ranging nature of the proposed regulation coming...
-
Is the worst now over for UBS?
When UBS persuaded Oswald Grübel to come out ... Having helped to define investment banking and credit ... Wealthy clients were closing their accounts at a ... Five months on from Grübel’s appointment, UBS has ... Pressure from the Swiss regulator has also forced ... But some analysts are starting to suggest the...
-
Jefferies sued over UBS healthcare raid
UBS has sued Jefferies after the head of ... UBS has the action against Jefferies, Benjamin Lorello, ... Lorello and Kelly became disillusioned with senior management ... The Swiss bank said in the filing that ... Court documents said: "Since at least March 2009, ... Since 2005 UBS’ healthcare group has earned more...
-
UBS makes big upgrades to investment banks
Analysts at UBS have made a significant upgrade ... The five banks, Barclays, BNP Paribas, Credit Suisse, ... The analysts made the biggest upgrade to Barclays' ... Explaining the decision to increase earnings forecasts by ... The analyst wrote: “We now expect 2010 to ... Analysts at several banks, including JP Morgan and...
-
Barclays must give more data on Lehman
Lehman Brothers received the blessing of a judge ... Lehman said liabilities assumed by Barclays in the ... US Bankruptcy Judge James Peck on Wednesday approved ... Judge Peck said the extraordinary speed of the ... The ruling subjects the deal, approved at the ... Terms of bankruptcy sales are often considered final...
-
UBS loses Asia-Pacific head Tapner
UBS on Thursday said its highest-ranking executive in ... Zurich-based UBS said Rory Tapner, chairman and chief ... At the same time, UBS appointed Chi-Won Yoon ... Yoon will take Tapner's place with immediate effect ... UBS declined to make Yoon available for comment. ... Tapner's exit is a stinging reminder of UBS'...
-
The best of times, the worst of times: tales from the veterans of finance
JP Morgan Cazenove’s chairman David Mayhew said it ... These were just some of the responses Financial ... While Hans-Jörg Rudloff, chairman of Barclays Capital, said ... Daniel Truchi, global chief executive of SG Private ... Financial News generated the list by polling readers...
-
The British investment bank is back
It is one of the ironies of the ... As with the Wimbledon tennis championships, which start ... But that could soon change. Just when Britain ... Barclays Capital, HSBC and Standard Chartered are all ... The past 10 years have seen a rapid, ... Fast-forward to the end of last year and...
-
Deutsche chiefs call the bottom for banking fees
Senior bankers at Deutsche Bank in the US ... During the tail end of the boom, between ... This monthly average fell to €3.4bn between August ... However, since March there have been three consecutive ... Jim DeNaut, head of global banking Americas at ... “We hope to see more financing activity in...
-
Soanes continues rise through UBS ranks
David Soanes, the UBS banker best known for ... London-based Soanes has been named as the bank's ... His promotion comes as co-head of global capital ... Soanes and Davidson have been promoted to head ... Soanes has risen rapidly through the ranks at ... Isolani had been a highly influential figure during...
-
Goldman ranks top in China
Goldman Sachs is set to pass the half-way ... The US banking giant has already earned $81m ... Its revenues have been bolstered by an estimated ... Bank of America Merrill Lynch is second in ... Overall investment banking revenues in Greater China total ... Goldman could further strengthen its league table position...
-
Brokers stay long despite market recovery
Almost three-quarters of the trading ideas sent by ... According to the trade idea service managed by ... More than two-thirds of trading ideas logged by ... Trade Ideas Monitor is used by more than ... Despite this optimism about the market outlook, lower ... Credit Suisse sold a stake in brewer Anheuser-Busch...
-
Bankers take to private jets in search of deals
London City Airport recorded a 44% increase in ... The number of passengers that travelled by private ... A spokeswoman for the airport said: “The ... About 85% of the passengers travelling by private ... Those who travel by private jet are not ... The number of passengers may be a leading...
-
What if good times aren’t just around the corner?
Investment banking, one of the first industries to ... In past issues, Financial News has reported an ... There is renewed confidence in emerging markets – ... And if Andy Hornby, the man vilified for ... The debate about the likely path of the ... The issue is particularly acute for those banks...
-
Buyout firms take $1bn hit on fees
The world’s biggest buyout firms are set to ... Large firms have succumbed to pressure to lower ... It is the lowest management fee level for ... Nick Arnott, a managing director at Preqin, said: ... He added the fee rate could drop further. ... The fee drop is due to a combination...
-
Jefferies hires UBS trading team
Jefferies has made six new hires to its ... The New York-based bank has appointed Jatin Suryawanshi ... Healey and Gibbons join as senior vice-president and ... Suryawanshi, Sarker, Girdhar, Healey and Libien all join ... The new hires follow a period of aggressive ... It has also added six staff to its...
