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Bank’s offices raided this week as part of investigation that has already led to one arrest in Germany
Banks take knife to bonus pools, but some traders still hopeful of bumper payouts
Former Credit Suisse dealmaker to take over advisory and capital markets unit, alongside Taylor Wright
The investment bank is seeking to grow beyond advising on large-scale mergers and acquisitions
More doughnuts than a Dunkin’s
Firings expected to be ‘super brutal’, with Credit Suisse, Goldman Sachs and Morgan Stanley already laying off staff
Investment bank cites weaker financial performance and ‘challenging’ economy in 2022
Novitas setback not a good look for lender that prides itself on its ability to price niche risk
The Wall Street investment bank has outflanked its old rival by diversifying into wealth management
Dealmaker pool to fall 40% in line with Goldman but a bigger drop than most rivals
Tyranny of the IRR
Swiss lender’s hiring plans in stark contrast to rivals cutting thousands of jobs
Ranks of highest earners on continent grew more than 40% in 2021
Diverging fortunes of Wall Street’s premier investment banks laid bare by fourth-quarter earnings
Wall Street bank has embarked on biggest cost-cutting drive since financial crisis
Swiss lender steps up wave of job cuts as it prepares to announce second consecutive annual loss
Net income for final three months of 2022 was $11bn, up 6% year on year
Net interest income up 23% from a year ago as Federal Reserve raises rates
Wall St bank is restating earnings to reflect changes to divisional structure in October
Group pays some bankers no bonus for last year’s work while giving others 30 minutes to leave
Wall Street bank reviews spending on everything from private jets to new consumer and tech unit
Chief operating officer stepping down at the end of the month ‘to pursue other opportunities’
Wall St bank scaling back consumer operations and confronting slowdown in investment banking
Investment bankers who survive cull could face bonus reductions of 40% or more
Chief investment officer was well-known face of firm as it grew into large US money manager
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