Investment banking

For the latest news and analysis on the banking industry including M&A league tables

Portrait of Peter J Solomon in his office with a carved wooden chief, sculptor unkown, from a factory in Oswego, NY, late 19th century.

Natixis buys 51% stake in Peter J Solomon

French bank looks to tap into US M&A boom

Interactive graphic

investment banking, league table
An interactive guide to this quarter’s global mergers and acquisitions activity and the deals and dealmakers involved

Credit Suisse chief says sell-off overdone

Thiam says Swiss bank’s balance sheet is strong

UBS puts salaries on ice as bank shares fall

CFO describes trading conditions as ‘treacherous’

Bankers’ rock star excesses seem off key

Investment banking no longer needs highly paid whizz-kids

View of luxury yachts in harbor of Monaco.

High-flying fund managers in demand

Bonuses for handling cash for super-rich clients are on the increase

Special Reports

illustration of a private bank by Øivind Hovland ©Øivind Hovland

Switzerland, strategies, competition, crisis fallout, technology, emerging markets, recruitment, consolidation

illustration by Nick Lowndes ©Nick Lowndes

Insight into M&A in the technology, media and tele-communications sector

George Osborne
©FT Montage/EPA

Osborne quizzed over banks taxes

Clarification sought on offsetting misconduct costs

BNP Paribas to shrink investment arm

Move to cost €800m over three years

Credit Suisse: cheesed off

Investors who supported the rights issue have already lost a fifth

Credit Suisse share price

Credit Suisse vows to step up cost cuts

Shares fall to 24-year low after first annual loss since 2008

Brokers should bin the research notes

There is no need to wait for the regulators to end an outdated practice

Daniel Godfrey
©Rosie Hallam

Funds must stop charging for research

Brokers’ equities reports are ‘valueless’ and savers shouldn’t pay extra, says Daniel Godfrey

Banks make $1bn from 4 companies’ deals

Boost to fees from Valeant, Altice, Platform and Nomad acquisitions

Is it time to buy Deutsche Bank stock?

The German bank’s share price is cheap but there may be even worse ahead for the lender

JPMorgan and Masters in blockchain trial

Tie-up with Digital Asset Holdings in effort to cut trading costs

British regulators help Iranian banks

Start-up unit assists lenders to overcome sanctions legacy

Fund managers trim bank research costs

Hopes that move could reduce fees for investors

Investment banking plagues Deutsche Bank

Division’s poor performance looms large over full-year results

Deutsche Bank cancels board bonuses

Bank does not rule out more red numbers in 2016

Sir Danny Alexander

Danny Alexander fails to impress Beijing

Beijing asked for AIIB candidate with international finance experience

Phibro bought by former Wall St banker

Simon Greenshields buys commodities trading brand from Occidental

Sir Danny Alexander

Alexander set for top Beijing AIIB role

Former Lib Dem Treasury chief secretary to be bank vice-president

Handsome young man throwing money over dark background

Bonuses are bad for bankers and banks

In finance, working for cookies is not an option but better alternatives to cash perks must be found

Wall Street’s battle of the bankers

Legal case could draw attention to the industry’s hiring and retention policies

European finance sees rise in female directors

Report points to big disparity in representation across sectors

Pro-Europeans cannot bank on Goldman alone

Campaign against Brexit runs a risk by taking US group’s donation

Deutsche investors await dawn of new era

Shareholders digest €6.7bn loss and ask whether lender can cut costs without hurting earnings power

Unwinding Barclays pulls back from Asia

Lender aims to remain ‘bulge-bracket’ investment bank as it closes operations around the world

Barclays culls jobs in pullback from Asia

More than 1,000 roles to go in Staley’s first strategic move

Goldman in the black despite record fine

Results end mixed bank earnings season for big US lenders

Berenberg profits bolstered by expansion

Private bank to benefit from Mifid 2 regulatory shake up

FCA seeks strong leader after stormy year

MPs to question independence of City regulator

Pharma sell-off threatens IPO appetite

Cautious sentiment risks cutting off funding for smaller biotechs

Banks to boost junior bonuses

Wall St and City take action to keep next generation of staff

S Korea plays down China slowdown fears

New finance minister endorses Beijing prediction of ‘soft landing’

Susan Kilsby

Shire deal shows Kilsby’s M&A acumen

Skills acquired over three decades help win Baxalta for $32.5bn

Bank signs on the high street in Staines. Barclays, HSBC, Lloyds, Natwest.
©Charlie Bibby

Banks and a double-digit return fixation

Barclays’ decimation illustrates the problem of short-termism in capitalism, writes Daniel Davies

Canary Wharf, London
©Matthew Lloyd/Bloomberg

Bank of England tightens bonus rules

Traders who move jobs could still have their awards revoked

Big five US banks hurt by China and oil

Run-up to Fed’s rate rise fails to boost key trading units

Kelleher promoted in Morgan Stanley rejig

Rival leaves bank a few months after being sidelined

Banks weigh cost of keeping staff in London

Institutions privately admit that thousands of jobs have no need to be in the capital