FINANCIAL BLOG

April 2018

DEUTSCHE BANK COO STEPS DOWN

By | April 19th, 2018|Categories: Blog|

DEUTSCHE BANK COO STEPS DOWN - Deutsche Bank's Chief Operating Officer has become the latest senior departure. Kim Hammonds, Chief Operating Officer is leaving Deutsche by "mutual agreement". Hammonds is expected to leave after Deutsche's [...]

JP MORGAN AM TAKES A FOOTHOLD IN CHINA

By | April 19th, 2018|Categories: Blog|

JP MORGAN AM TAKES A FOOTHOLD IN CHINA - JP Morgan Asset Management has aims to beat other investment firms in research over Mainland Chinese Equities. A few fund managers have started increasing their investment [...]

ABERDEEN RESTRUCTURE SPARKS EXITS

By | April 18th, 2018|Categories: Blog|

ABERDEEN RESTRUCTURE SPARKS EXITS - After a restructure in the equity unit of Aberdeen Asset Management, six fund managers have left the firm. The restructure comes as the bank was trying to complete the integration [...]

UBS HEAD JOINS FINTECH FIRM

By | April 18th, 2018|Categories: Blog|

UBS HEAD JOINS FINTECH FIRM - Mark Yallop, the former UK Head of UBS has joined a FinTech company that has hopes of being the Android of Trading. OpenFin, the FinTech powerhouse, has backing by [...]

GOLDMAN ACQUIRES NEW PARTNER

By | April 17th, 2018|Categories: Blog|

GOLDMAN ACQUIRES NEW PARTNER - Goldman Sachs has bought the startup firm Clarity Money, a personal finance app. This has been in an effort to bolster their online lending business, Marcus. Goldman Sachs buying the [...]

BREXIT STICKING IT TO BAML

By | April 17th, 2018|Categories: Blog|

BREXIT STICKING IT TO BAML - @Alex Wilmot-Sitwell will be stepping down from his role as CEO of the International business, this was prompted by a clash with the bank's US leadership over the company's [...]

STOCK EXCHANGE, EXCHANGE BOSS

By | April 13th, 2018|Categories: Blog|

STOCK EXCHANGE, EXCHANGE BOSS - The London Stock Exchange have now appointed a new Chief Executive, @David Schwimmer will replace Xavier Rolet. Rolet, the former CEO, quit last year in November amid a boardroom row. [...]

JP MORGAN INVESTS IN LONDON FINTECH FIRMS

By | April 12th, 2018|Categories: Blog|

JP MORGAN INVESTS IN LONDON FINTECH FIRMS - JP Morgan has started the first funding round for the London-based FinTech firm AccessFinTech. AccessFinTech’s aim is to create a single portal that links in house technology [...]

JP MORGAN FACING CRYPTOCURRENCY LAWSUIT

By | April 12th, 2018|Categories: Blog|

JP MORGAN FACING CRYPTOCURRENCY LAWSUIT - JP Morgan has been given a class action lawsuit based on allegations of adding unannounced layers of fees, plus interest, to investors who used their credit cards to buy [...]

TOP GOLDMAN EXEC LURED BY CRYPTOCURRENCY

By | April 11th, 2018|Categories: Blog|

TOP GOLDMAN EXEC LURED BY CRYPTOCURRENCY – Goldman Sachs’ @Richard Kim is the latest banking exec to leave the city and has moved to the Cryptocurrency Merchant Bank Galaxy Digital as the new Chief Operating [...]

UBS AM APPOINT NEW AMERICAS INFRASTURUCTURE HEAD

By | April 11th, 2018|Categories: Blog|

UBS AM APPOINT NEW AMERICAS INFRASTURUCTURE HEAD - UBS Asset Management’s real estate and private markets business has appointed Perry Offutt as their new Head of The Infrastructure Division For The Americas. Offutt left Macquarie Infrastructure [...]

BARCLAYS TO SPLIT EURO TRADING HUB

By | April 10th, 2018|Categories: Blog|

BARCLAYS TO SPLIT EURO TRADING HUB - Barclays Bank have plans to divide its Euro Rates team due to Brexit. The bank wants to move the unit that trade eurozone government bonds and interest rate [...]

DEUTSCHE BANK REPLACES CEO

By | April 9th, 2018|Categories: Blog|

DEUTSCHE BANK REPLACES CEO – @John Cryan has officially been asked to step down from his role as CEO within Deutsche Bank. After weeks of speculation the bank made an announcement that @Christian Sewing would [...]

March 2018

MORGAN STANLEY TO RELOCATE 80 JOBS

By | March 27th, 2018|Categories: Blog|

MORGAN STANLEY TO RELOCATE 80 JOBS - According to French newspaper Les Echos, after Brexit Morgan Stanley has planned to relocate as many as 80 jobs to Paris in the coming years. The bank will [...]

BLUECREST PM OPENS HEDGE FUND

By | March 22nd, 2018|Categories: Blog|

BLUECREST PM OPENS HEDGE FUND – @Alidod Shirinbekov, a former quant equity portfolio manager at BlueCrest has launched his own hedge fund named Systematic Quantitative Strategies Partners (SQSP). The new fund will be based in [...]

M&G TO MERGE EQUITY FUNDS

By | March 22nd, 2018|Categories: Blog|

M&G TO MERGE EQUITY FUNDS - M&G are going to merge their Global Leaders Fund into their Global Themes Fund after veteran aled smith made a decision to leave. Aled Smith will be stepping down next [...]

TP ICAP MEET WITH FCA OVER EU HUB

By | March 21st, 2018|Categories: Blog|

TP ICAP MEET WITH FCA OVER EU HUB – TP ICAP, a London based interdealer broker, has entered into discussions with European regulators about a post-Brexit hub to deliver "uninterrupted service" after the UK officially [...]

BAML EU PRESIDENT RESIGNS

By | March 20th, 2018|Categories: Blog|

BAML EU PRESIDENT RESIGNS – European President for Bank of America Merrill Lynch, @Alex Wilmot-Sitwell, is leaving the business. A memo sent by the Chief Operating officer Tom Montag, stated Wilmot-Sitwell s leaving to "pursue [...]

GOLDMAN SACHS HAS A NEW CEO SUCCESSOR?

By | March 16th, 2018|Categories: Blog|

GOLDMAN SACHS HAS A NEW CEO SUCCESSOR? - CEO of Goldman Sachs, Lloyd Blankfein, is reportedly stepping down within the next 12 months, the heir apparent for his job will be @David Solomon according to [...]

SOCIETE GENERALE DEPUTY CEO RESIGNS

By | March 15th, 2018|Categories: Blog|

SOCIETE GENERALE DEPUTY CEO RESIGNS – Didier Valet has become the latest banker to be caught in the crossfire of a Libor rate rigging scandal, and as a result he has resigned his position as Deputy [...]

SOCIETE GENERALE TO BUY COMMERZBANK ECM BUSINESS?

By | March 14th, 2018|Categories: Blog|

SOCIETE GENERALE TO BUY COMMERZBANK ECM BUSINESS? – It has been reported by Handelsblatt on Tuesday 13th, that Societe Generale have entered into talks to purchase Commerzbank's Equities and Commodities (ECM) division. Commerzbank's have previously [...]

NATIXIS BUYS THREE M&A BOUTIQUES

By | March 13th, 2018|Categories: Blog|

NATIXIS BUYS THREE M&A BOUTIQUES – French investment bank, Natixis, have bought majority and minority stakes in three independent boutique M&A investment banks. Natixis have brought a 51% stake in Frenchurch Advisory Partners LLP, who [...]

MILLENNIUM PINCH CITI’S TOP TRADER

By | March 9th, 2018|Categories: Blog|

MILLENNIUM PINCH CITI'S TOP TRADER – Millennium Management, the giant $35.7bn hedge fund, have hired @Sebastian Ridd from Citigroup. Ridd was Head of Program & Cash Trading in the US, but will join the hedge [...]

GOLDMAN SACHS MOVING TO FRANKFURT

By | March 8th, 2018|Categories: Blog|

GOLDMAN SACHS MOVING TO FRANKFURT – Goldman Sachs has informed the members of the London based Derivatives and Debt Capital Markets teams, that their activities will be relocated to Frankfurt. They were advised to make the [...]

NEW JOBS UP FOR GRABS AT GOLDMAN SACHS

By | March 7th, 2018|Categories: Blog|

NEW JOBS UP FOR GRABS AT GOLDMAN SACHS – Goldman Sachs are recruiting in London to help with the building and launch of its online lender, Marcus, in the UK. Stephen Scherr, Goldman's Head of [...]

STATE STREET NEW COUNTRY HEAD

By | March 7th, 2018|Categories: Blog|

STATE STREET NEW COUNTRY HEAD – State Street Corporation, since the turn of the new year, have made a huge push in shoring up their business with senior management hires. The asset management have since [...]

NOMURA’S MANAGEMENT RE-SHUFFLE

By | March 6th, 2018|Categories: Blog|

NOMURA'S MANAGEMENT RE-SHUFFLE – Japan's largest securities business, Nomura Holdings Inc., have named a new Global Investment Banking Chief in @Yo Akatsuka. Akatsuka, who will officially start on the 1st April, has replaced @Minoru Shinohara [...]

STATE STREET GLOBAL ADVISORS HIRE NEW HEAD

By | March 6th, 2018|Categories: Blog|

STATE STREET GLOBAL ADVISORS HIRE NEW HEAD – The world's third largest asset manager, State Street Global Advisors, have hired Lochiel Crafter as Head of it's Global Institutional Group. Crafter was previously the Head of the [...]

BNP PARIBAS GLOBAL RESHUFFLE

By | March 2nd, 2018|Categories: Blog|

BNP PARIBAS GLOBAL RESHUFFLE – French investment bank, BNP Paribas, have reshuffled its senior global markets team. Starting with Olivia Frieser who has been promoted to Global Head of Research. Olivia replaced Amine Bel Hadj [...]

February 2018

GERMAN BROKER ACQUIRED BY NORWEGIAN IB

By | February 27th, 2018|Categories: Blog|

GERMAN BROKER ACQUIRED BY NORWEGIAN IB – It has been announced today that German broker, equinet Bank, will be acquired by Norwegian investment bank Pareto. The completion of the transaction is subject, among other things, [...]

GOLDMANS TO SELL LONDON HQ

By | February 27th, 2018|Categories: Blog|

GOLDMANS TO SELL LONDON HQ – Goldman Sachs (GS) are considering selling their huge London headquarters on Fleet Street, which currently houses more than 6,000 staff, and then leasing it back. The London office currently [...]

CITIGROUP LOSE GLOBAL HEAD OF M&A

By | February 22nd, 2018|Categories: Blog|

CITIGROUP LOSE GLOBAL HEAD OF M&A – Peter Tague, who joined Citi in the mid 90's and is currently joint Global Co-Head of Mergers & Acquisitions, alongside @Cary Kochman and @Mark Shafir, is leaving the business. [...]

BERENBERG TO HIRE ANALYSTS IN THE US

By | February 21st, 2018|Categories: Blog|

BERENBERG TO HIRE ANALYSTS IN THE US – The worlds second oldest bank, Joh. Berenberg Gossler & Co. KG, want to triple their U.S. stock coverage in the next two years. Berenberg currently cover 100 [...]

DEUTSCHE TO AXE 500 INVESTMENT BANKING JOBS

By | February 20th, 2018|Categories: Blog|

DEUTSCHE TO AXE 500 INVESTMENT BANKING JOBS – It has been reported by Bloomberg, that investment banking jobs at Deutsche Bank are being cut. The German bank have started with 250 jobs globally, however, it [...]

DEUTSCHE TO AXE 500 INVESTMENT BANKING JOBS

By | February 20th, 2018|Categories: Blog|

DEUTSCHE TO AXE 500 INVESTMENT BANKING JOBS – It has been reported by Bloomberg, that investment banking jobs at Deutsche Bank are being cut. The German bank have started with 250 jobs globally, however, it [...]

GOLDMAN ADD GOOGLE VETERAN

By | February 19th, 2018|Categories: Blog|

GOLDMAN ADD GOOGLE VETERAN – Goldman Sachs are on a mission to become the 'Google of Wall Street' and have now hired a top engineer from the Tech giant. Reinaldo Aguiar, who was a Senior [...]

ROTHSCHILD’S FAR EASTERN SPECIALISTS

By | February 16th, 2018|Categories: Blog|

ROTHSCHILD'S FAR EASTERN SPECIALISTS - Edmond de Rothschild Asset Management have added a new China Equity Specialist to their business in a bid to strengthen their Emerging Markets team. Xiadong BAO is making the move from [...]

GOLDMAN SACHS’ NEW HEAD OF M&A

By | February 16th, 2018|Categories: Blog|

GOLDMAN SACHS' NEW HEAD OF M&A – Goldman Sachs (GS) have appointed a new Co-head of Global Mergers & Acquisitions Advisory Business, @David Philip. Philip was previously Co-Head of Global Industrials Group since 2012 and [...]

$115 BILLION COO

By | February 15th, 2018|Categories: Blog|

$115 BILLION COO - @Jonathan Gray has been promoted to President and Chief Operating Officer at Blackstone Group. He helped to make Blackstone the world's largest real estate investor, taking it from $5bn AUM in [...]

BTIG CEO RETIRES

By | February 15th, 2018|Categories: Blog|

BTIG CEO RETIRES – Gary M Hayes, the CEO of BTIG London has decided to retire from his position and from the City. Hayes had spent 35 years in financial services, with the last 10 [...]

UBS’ NEW FLAGSHIP OFFICE

By | February 8th, 2018|Categories: Blog|

UBS' NEW FLAGSHIP OFFICE - UBS Wealth Management have signed a 10 year agreement on a new premises in Edinburgh which has been branded by Jonathan Brown, Head of Regions at UBS Wealth, as their 'Flagship' [...]

FRANKLIN TEMPLETON’S NEW MAN-RAJ

By | February 5th, 2018|Categories: Blog|

FRANKLIN TEMPLETON'S NEW MAN-RAJ- Franklin Templeton have announced the appointment of @Manraj Sekhon, to become the firms new CIO of Emerging Markets Equity as of the 19th February and is to be based in their Singapore [...]

WAVE OF HEDGE FUNDS POISED TO LAUNCH

By | February 1st, 2018|Categories: Blog|

WAVE OF HEDGE FUNDS POISED TO LAUNCH – As the year gets underway, a wave of new hedge funds are poised to launch, led by industry titans. @Daniel Sundheim, previously the Investment Chief of Viking [...]

JEFFERIES EXPANDING POWER

By | February 1st, 2018|Categories: Blog|

JEFFERIES EXPANDING POWER - Jefferies have announced the appointment of @Dai Clement and @Lorna Shearin to help bolster and expand their Power, Utilities & Infrastructure business. Clement is set to become the Global Head of Power, [...]

January 2018

BAML SPEED UP ORGANIC GROWTH PROCESS

By | January 31st, 2018|Categories: Blog|

BAML SPEED UP ORGANIC GROWTH PROCESS - Bank of America are giving junior investment bankers the opportunity to climb up the ranks at a faster pace, as a bid to keep their 'young talent from [...]

NEW CEO AT OCH-ZIFF

By | January 31st, 2018|Categories: Blog|

NEW CEO AT OCH-ZIFF – On the 5th February, leadership at the U.S. hedge fund Och-Ziff will be changing hands as founder @Daniel Och steps aside to become Chairman. Moving into the top spot as [...]

NEW EMEA HEAD AT UBS WEALTH MANAGEMENT

By | January 30th, 2018|Categories: Blog|

NEW EMEA HEAD AT UBS WEALTH MANAGEMENT – UBS have named @Christine Novakovic as the firms new Head of EMEA Wealth Management. Novakovic will replace Paul Raphael, who was in charge of Europe and Emerging [...]

JP MORGAN’S DIMON EXCAVATOR?

By | January 30th, 2018|Categories: Blog|

JP MORGAN'S DIMON EXCAVATOR? - JP Morgan Chase & Co have announced the promotions of @Daniel Pinto and Gordon Smith to become Co-Presidents and Co-Chief Operating Officers. This could be seen as a bid to [...]

UBS ACCQUIRE NORDEA PRIVATE BANKING BUSINESS

By | January 29th, 2018|Categories: Blog|

UBS ACCQUIRE NORDEA PRIVATE BANKING BUSINESS - UBS's subsidiary arm, UBS Europe SE, have reached an agreement with Nordea Bank to acquire part of their Luxembourg based private banking business. This will help UBS grow [...]

NOMURA’S HIRING SPREE

By | January 29th, 2018|Categories: Blog|

NOMURA'S HIRING SPREE – Nomura Holdings, one of Japan's largest investment banks, have made a spree of hires as part of an initiative to grow their Americas business. A total of 15 senior investment bankers, [...]

BUYSIDE MOVEMENT UPDATE

By | January 26th, 2018|Categories: Blog|

BUYSIDE MOVEMENT UPDATE – Deutsche Asset Management have appointed Daniel Green as EMEA Head of Private Equity Secondaries. Green was most recently Head of Private Markets, EMEA at Meketa Investment Group. The Head of UK [...]

FORMER CREDIT SUISSE CEO JOINS HEDGE FUND

By | January 26th, 2018|Categories: Blog|

FORMER CREDIT SUISSE CEO JOINS HEDGE FUND – Former Credit Suisse Greater China CEO and Co-Head of Asia Pacific Investment Banking & Capital Markets, @Mervyne Chow, is joining Hillhouse Capital Group. Chow will join the [...]

MACQUARIE GROW THEIR TMT FOCUS

By | January 25th, 2018|Categories: Blog|

MACQUARIE GROW THEIR TMT FOCUS - Macquarie Capital, the Corporate advisory, Capital Markets and Principal Investment arm of Macquarie Group, have appointed @Sean McCarthy  and Chris Holt as Managing Directors in their North American TMT [...]

CITI WINS APPROVAL FOR SAUDI INVESTMENT BANK

By | January 25th, 2018|Categories: Blog|

CITI WINS APPROVAL FOR SAUDI INVESTMENT BANK – Citigroup have announced that Saudi Arabia's Capital Market Authority have awarded them with formal approval to begin an investment banking business in the region. It has been [...]

EQUITY ANALYST RISING STAR SNAPPED UP

By | January 24th, 2018|Categories: Blog|

EQUITY ANALYST RISING STAR SNAPPED UP – Piper Jaffray have announced the hire of Tyler Van Buren, M.S. as a Senior Research Analyst, who will be responsible for covering Biotechnology companies. In 2017, Tyler was ranked [...]

GOLDMANS PLANS TO RE-OPENS GENEVA OFFICE

By | January 24th, 2018|Categories: Blog|

GOLDMANS PLANS TO RE-OPENS GENEVA OFFICE – After 2 years of not operating in Geneva, Goldman Sachs (GS) have decided to re-open a representative office and expand in Switzerland. The U.S. banking giant have submitted [...]

MiFID 2 MARKET MOVEMENT

By | January 23rd, 2018|Categories: Blog|

MiFID 2 MARKET MOVEMENT – As the market changes with regulation sweeping the industry, banks, brokers and the buy-side are doing what they can to get ahead of the curve with the hires of personnel [...]

UK BROKER OPEN MINDED TO MERGER WITH RIVALS

By | January 19th, 2018|Categories: Blog|

UK BROKER OPEN MINDED TO MERGER WITH RIVALS – As MiFID II causes further hurdles for the broking industry, U.K. stockbroker Arden Partners have suggested it is open-minded to merging with a rival. Arden's Chairman, [...]

HSBC HIRE TOP STAFF FROM J.P.M & GOLDMANS

By | January 18th, 2018|Categories: Blog|

HSBC HIRE TOP STAFF FROM J.P.M & GOLDMANS – On the back of HSBC's securities venture in China, the bank has decided to strengthen their equities business with hires from J.P. Morgan and Goldman Sachs. [...]

J.P. MORGAN AM HIRE ETF TRIO

By | January 17th, 2018|Categories: Blog|

J.P. MORGAN AM HIRE ETF TRIO – The Asset Management unit of J.P. Morgan have hired three ETF specialists, as part of the firms initiative to push investments in Europe. The business have appointed Olivier [...]

MORGAN STANLEY’S 153 NEW MDS

By | January 15th, 2018|Categories: Blog|

MORGAN STANLEY'S 153 NEW MDS - Wall Street giants Morgan Stanley have announced that they will be promoting 153 of their staff to Managing Director. The announcement was made last Thursday, according to people close [...]

LAZARD ADDS M&A-NY BANKERS

By | January 15th, 2018|Categories: Blog|

LAZARD ADDS M&A-NY BANKERS - Lazard have appointed @Andrea Booze as a Managing Director for Financial Advisory, who will start his new role in March 2018. Andrea comes from Credit Suisse where he was the [...]

FIDELITY ‘S HEAD OF EQUITY FINDS NEW ROLE

By | January 11th, 2018|Categories: Blog|

FIDELITY 'S HEAD OF EQUITY FINDS NEW ROLE – @Brian Hogan, who has recently served as the President of Fidelity's Investment Equity division, is switching to a new role within the funds personal investing business. [...]

HSBC HIRE TRIO IN NEW YORK

By | January 10th, 2018|Categories: Blog|

HSBC HIRE TRIO IN NEW YORK - HSBC have made some new additions to their North American Global Banking Business in a bid to bolster their team. @Sarah Salih, who joined from Deutsche Bank in [...]

UBS SIZE UP CHINESE SECURITIES JOINT VENTURE

By | January 9th, 2018|Categories: Blog|

UBS SIZE UP CHINESE SECURITIES JOINT VENTURE – As Beijing opens its financial market, global banks are rushing to take advantage according to UBS's Chief Executive Sergio P. Ermotti, with the business currently in talks to [...]

EX-MILLENNIUM FUND MANAGERS TO OPEN QUANT FUND

By | January 8th, 2018|Categories: Blog|

EX-MILLENNIUM FUND MANAGERS TO OPEN QUANT FUND – Ex-Millennium Portfolio Manager @Kennie Atle Johansen, who focused on Systematic Long/Short Equity Strategies, is launching his own fund named Disciplina Asset Management. The hedge fund will trade [...]

MORGAN STANLEY TAKE TOP SPOT

By | January 8th, 2018|Categories: Blog|

MORGAN STANLEY TAKE TOP SPOT - Morgan Stanley have taken top spot for advising on Merger and Acquisitions (M&A) deals in the UK last year, overtaking Goldman Sachs who previously held the No.1 position. MS [...]

December 2017

By | December 22nd, 2017|Categories: Blog|

THE LAST ONE OF 2017 – MERRY CHRISTMAS & HAPPY NEW YEAR   Looking around there seems only confusion and madness, here's to next year, may it bring only gladness.   Don't look to the [...]

JEFFERIES HIT TRADING LOW

By | December 21st, 2017|Categories: Blog|

JEFFERIES HIT TRADING LOW – Trading at Jefferies has taken somewhat of a hit, despite an all time high in investment banking revenues. The fixed income trading division saw its revenues slump from last years [...]

ROTHSCHILD SECURE WANG FOR HEAD POSITION

By | December 20th, 2017|Categories: Blog|

ROTHSCHILD SECURE WANG FOR HEAD POSITION - Rothschild Global Advisory, a part of the Rothschild & Co Group, have appointed @Elizabeth Wang to become their Head of Global Advisory in Greater China. She will be [...]

JEFFERIES REPORT RECORD Q4 RESULTS

By | December 20th, 2017|Categories: Blog|

JEFFERIES REPORT RECORD Q4 RESULTS – Jefferies on Tuesday, proudly announced record fourth-quarter results, highlighting the banks success in investment banking. Jefferies net earnings amount to $90mn, up from $87mn at the same period last [...]

$6BN HEDGE FUND CLOSING DOWN

By | December 19th, 2017|Categories: Blog|

$6BN HEDGE FUND CLOSING DOWN – U.S. hedge fund Blue Ridge Capital, which is run by @John Griffin and currently manages a total of $6bn, is closing its doors. The hedge fund was launched in [...]

DEUTSCHE LAUCH AI EQUITIES ALGO PLATFORM IN ASIA

By | December 18th, 2017|Categories: Blog|

DEUTSCHE LAUCH AI EQUITIES ALGO PLATFORM IN ASIA – Deutsche Bank, in Asia, have upgraded and implemented an equities trading platform which uses artificial intelligence to set new benchmarks for best execution. The proprietary platform, [...]

BARCLAYS CLIMB THE UK RANKS

By | December 18th, 2017|Categories: Blog|

BARCLAYS CLIMB THE UK RANKS – Barclays are returning to the UK Investment Banking league tables for the first time since 2012. This acceleration comes after @Jes Staley, who joined in 2015 from JP Morgan, [...]

CITI RESHUFFLE EU FIG BANKING TEAM

By | December 15th, 2017|Categories: Blog|

CITI RESHUFFLE EU FIG BANKING TEAM – Citigroup has reshuffled their Financial Institutions Group in Europe, which sees @Piers Davison promoted to Co-Head of FIG EMEA of the Corporate and Investment Bank with @Stefan Wintels. Davison [...]

UBS HIRE HEAD OF TMT EQUITY CAPITAL MARKETS

By | December 14th, 2017|Categories: Blog|

UBS HIRE HEAD OF TMT EQUITY CAPITAL MARKETS – UBS have hired a new Head of Technology, Media and Telecommunications (TMT) Equity Capital Markets for their Americas business. They have hired @Chris Cormier from Bank [...]

UBS LOSE £1-TRILLION PRESIDENT

By | December 14th, 2017|Categories: Blog|

UBS LOSE £1-TRILLION PRESIDENT - The president of UBS' near £1 Trillion wealth management division, @Jürg Zeltner is set to leave and will be succeeded by @Martin Blessing, a Board Member who was the former CEO [...]

NEW HEADS OF EQUITIES AT JANUS

By | December 12th, 2017|Categories: Blog|

NEW HEADS OF EQUITIES AT JANUS - Janus Henderson Investors have appointed @Alex Crooke and @George Maris as Co-Heads of the firms Equities Business in the UK and US respectively, they will report to the Global [...]

LLOYDS SELL HQ TO CHINESE

By | December 8th, 2017|Categories: Blog|

LLOYDS SELL HQ TO CHINESE – Hengli Investments Holding, a Chinese investment firm, have bought Lloyds' London Headquarters. The sale of the property comes after Lloyds announced a plan in 2016 to sell off 30% [...]

MACQUARIE MINE A HEAD FROM MORGAN STANLEY

By | December 8th, 2017|Categories: Blog|

MACQUARIE MINE A HEAD FROM MORGAN STANLEY - Australian Investment Bank, Macquarie, have hired @Thomas Price to become their Head of Commodities Research. Price is making the move over from Morgan Stanley, where he held [...]

MORGAN STANLEY CLOSE MARKET MAKING BUSINESS

By | December 7th, 2017|Categories: Blog|

MORGAN STANLEY CLOSE MARKET MAKING BUSINESS – Morgan Stanley prepares to close its market making business, a process which has been in motion since the summer. As a result of the desk closing, Managing Director, [...]

DEUTSCHE AM NARROW SEARCH FOR OFFICES

By | December 6th, 2017|Categories: Blog|

DEUTSCHE AM NARROW SEARCH FOR OFFICES – Deutsche Bank AG's Asset Management unit have highlighted two spaces in Frankfurt that could adquatley host the shift of employees from London. DB AM have narrowed their search [...]

NEW ETF HEAD AT NORTHERN TRUST

By | December 5th, 2017|Categories: Blog|

NEW ETF HEAD AT NORTHERN TRUST – Asset Manager Northern Trust, on Monday, announced the hire of @Dan Madden as the firms new Head of ETF Capital Markets for FlexShares. Madden has over 17 years [...]

JULIUS BAER’S CEO TO PICTET

By | December 5th, 2017|Categories: Blog|

JULIUS BAER'S CEO TO PICTET - CEO of Julius Baer, one of the worlds leading Wealth Managers, has stepped down. It has been speculated that he is going to pursue a career at rival Swiss [...]

NATIXIS PLAN GROWTH IN ASIA

By | December 4th, 2017|Categories: Blog|

NATIXIS PLAN GROWTH IN ASIA – Asia currently accounts for roughly 13% of Natixis' revenue in Corporate and Investment Banking, however, the French bank plans to increase revenues over the next few years with greater [...]

BNP PARIBAS READY FOR MIFID II

By | December 1st, 2017|Categories: Blog|

BNP PARIBAS READY FOR MIFID II - In order to comply with new European Union rules, French bank BNP Paribas have announced that they have been developing 'extensive transparency reporting platforms' for the trading of [...]

CREDIT SUISSE SHAKE IT UP

By | December 1st, 2017|Categories: Blog|

CREDIT SUISSE SHAKE IT UP – Credit Suisse have named @Eric Miller as the Head of Equity Sales within Global Markets, a newly created role. Miller will be reporting to @Mike Stewart and will become a part [...]

November 2017

OVERHAUL AT DEUTSCHE TO TAKE 2-3 YEARS

By | November 30th, 2017|Categories: Blog|

OVERHAUL AT DEUTSCHE TO TAKE 2-3 YEARS – Co-Chief of Deutsche Bank, @Garth Ritchie, has said the restructuring of the investment bank will take another two-three years to complete. Ritchie states, “With a little support [...]

GLOBAL HEAD SAYS GOODBYE TO HSBC

By | November 28th, 2017|Categories: Blog|

GLOBAL HEAD SAYS GOODBYE TO HSBC - One of HSBC's senior employees, @Matthew Westerman, who Co-Heads their Global Banking Division and a Group General Manager, is set to leave the banking giant after less than [...]

CREDIT SUISSE’S EQUITIES HIRING SPREE

By | November 27th, 2017|Categories: Blog|

CREDIT SUISSE'S EQUITIES HIRING SPREE – 2017 for Credit Suisse has been a productive one in terms of recruitment and promotions within their equities research division, minus the many departures. The summer saw the addition [...]

BNP AM MAKE SENIOR HIRE

By | November 27th, 2017|Categories: Blog|

BNP AM MAKE SENIOR HIRE – BNP Paribas AM have hired @Roger Miners as Chief Marketing Officer to be based in London. Miners will be reporting to @Sandro Pierri, Global Head of Client Group, BNP'S Worldwide [...]

KEPLER-CHEUVREUX ADD TO ECM PARTNERSHIPS

By | November 24th, 2017|Categories: Blog|

KEPLER-CHEUVREUX ADD TO ECM PARTNERSHIPS – Thursday saw the announcement of the Equity Capital Markets partnership between Kepler-Cheuvreux (KC) and Belfius Bank. Belfius who are a Belgium Bank, become the 5th European ECM partner of [...]

NATIXIS & ODDO TO MERGE

By | November 24th, 2017|Categories: Blog|

NATIXIS & ODDO TO MERGE – French bank Natixis and French brokerage Oddo have revealed this morning that they plan to merge, similar to marriages such as Exane & BNP and Cheuvreux & Kepler. The [...]

MACQUARIE LOSE HIGH PROFILE TEAM

By | November 23rd, 2017|Categories: Blog|

MACQUARIE LOSE HIGH PROFILE TEAM – Patrick Hodgens and Blake Henricks, high profile portfolio managers and their team at Macquarie Group have left the firm. Hodgens was the Head of Macquarie's local listed equities group, [...]

NEW CEO AT DEUTSCHE BOERSE

By | November 23rd, 2017|Categories: Blog|

NEW CEO AT DEUTSCHE BOERSE – Germany's stock exchange Deutsche Boerse have hired a new CEO from UniCredit's German business. @Theodor Weimer has been hired to help re-direct the business away from insider trading investigations [...]

GOLDMAN SACHS OFFER EQUITIES PLATFORM TO BLOOMBERG

By | November 22nd, 2017|Categories: Blog|

GOLDMAN SACHS OFFER EQUITIES PLATFORM TO BLOOMBERG – A new broker arrangement between Goldman Sachs and Bloomberg Tradebook, will see clients of Bloomberg given access to Goldman's equites execution platform. The access means Bloomberg Tradebook [...]

DEUTSCHE HIRE ETF SPECIALIST TO HEAD SALES UNIT

By | November 21st, 2017|Categories: Blog|

DEUTSCHE HIRE ETF SPECIALIST TO HEAD SALES UNIT – Deutsche Bank's U.S. securities unit have hired an exchange-traded fund (ETF) specialist to run the firms ETF Sales division. DB have named @Chris Hempstead in charge, who [...]

CREDIT SUISSE HIRE TWO TOP EQUITIES ANALYSTS

By | November 21st, 2017|Categories: Blog|

CREDIT SUISSE HIRE TWO TOP EQUITIES ANALYSTS – Credit Suisse have hired two top equity analysts from Suisse rival UBS. They have hired both @Douglas Mitchelson and @Brian Russo who cover the media, cable/satellite and telecommunications sector. [...]

RELOCATING BREXIT BANKERS FACE SLASHED SALARIES

By | November 17th, 2017|Categories: Blog|

RELOCATING BREXIT BANKERS FACE SLASHED SALARIES – Salary benchmarking site, Emolument, have released a new study in which they have analysed thousands of salaries and bonuses across Europe to see what possible impact Brexit could [...]

HIRES, FIRES & PROMOTIONS: BUY-SIDE UPDATE

By | November 17th, 2017|Categories: Blog|

HIRES, FIRES & PROMOTIONS: BUY-SIDE UPDATE – The past week has seen significant change on the buy-side in terms of personnel, with a number of firms making changes to their senior management teams. Prudential Financial [...]

AVIVA EXPAND EUROPEAN ASSET MANAGEMENT TEAM

By | November 16th, 2017|Categories: Blog|

AVIVA EXPAND EUROPEAN ASSET MANAGEMENT TEAM – The global asset management business of Aviva Plc, Aviva Investors, have expanded their European real estate team. They have expanded with the hires of @Matthias Hübner (fund manager), and [...]

INVESTMENT BANK SCRAP ECM HEAD POSITION

By | November 16th, 2017|Categories: Blog|

INVESTMENT BANK SCRAP ECM HEAD POSITION – Nordic Investment Bank, Nordea, has decided to scrap their Global Leader of Advisory & ECM position. The position is currently held by @Dane Harald Gron, it is unclear [...]

PRIME MINISTER’S BREXIT PLEDGE TO JP MORGAN

By | November 14th, 2017|Categories: Blog|

PRIME MINISTER'S BREXIT PLEDGE TO JP MORGAN - After a meeting between @Jamie Dimon, CEO of JP Morgan, @Theresa May, the Prime Minister and Chancellor @Philip Hammond, JP Morgan now have more clarity regarding Brexit. [...]

FORMER CHEYNE PM TO RELAUNCH LONDON HEDGE FUND

By | November 9th, 2017|Categories: Blog|

FORMER CHEYNE PM TO RELAUNCH LONDON HEDGE FUND - @Dietmar Schmitt, a former senior portfolio manager responsible for the equities business at Cheyne Capital, is relaunching his own fund SAM Capital Partners next month. SAM [...]

CREDIT SUISSE APPOINT NEW VICE CHAIR

By | November 9th, 2017|Categories: Blog|

CREDIT SUISSE APPOINT NEW VICE CHAIR - @Craig Edgar has been appointed by Credit Suisse as Vice Chairman of their Power & Renewables group in the Americas. Edgar comes from UBS where he was Co-Head of [...]

MAY THE HIRING RESUME

By | November 8th, 2017|Categories: Blog|

MAY THE HIRING RESUME – After years of banking restructures, it appears European firms have had a watershed moment and are now focusing on hiring. This includes European banks on both sides of the pond, [...]

CREDIT SUISSE’S OLD NEW CO-HEAD

By | November 7th, 2017|Categories: Blog|

CREDIT SUISSE'S OLD NEW CO-HEAD - Credit Suisse have hired, Andrew van der Vord, an ex-employee of the Swiss banking giant to become Global Co-Head of Consumer Retail Investment Banking, alongsideJens Welter. Andrew comes from [...]

SOCIETE GENERALE TRADING TROUBLES

By | November 7th, 2017|Categories: Blog|

SOCIETE GENERALE TRADING TROUBLES – Traditionally equities has always been a strength for Societe Generale, however, revenues in their equities franchise fell 19% last quarter, with trading taking most of the impact.Omar Fall, banks analyst [...]

LAZARD’S LONDON LOOK

By | November 6th, 2017|Categories: Blog|

LAZARD'S LONDON LOOK - Lazard, a financial advisory firm, are showing their commitment to London by searching for a new London office. It has been said that they are looking for a 70,000 – 80,000 [...]

NEW HEAD OF TRADING AT CREDIT SUISSE

By | November 6th, 2017|Categories: Blog|

NEW HEAD OF TRADING AT CREDIT SUISSE – Reports in the market state that @Paul Galietto has become Head of Americas Equities Trading at Credit Suisse, trading one swiss bank for another. Galietto, previously of [...]

BNP’S NEW HEAD OF GLOBAL MARKETS

By | November 3rd, 2017|Categories: Blog|

BNP'S NEW HEAD OF GLOBAL MARKETS – BNP have hired @John Gallo into a newly created position which sees him become the firms Head of Global Markets Institutional Sales for the Americas. Gallo joins from [...]

NOMURA APPOINT GLOBAL SALES COO

By | November 3rd, 2017|Categories: Blog|

NOMURA APPOINT GLOBAL SALES COO – On Thursday, Japanese investment bank Nomura announced the appointment of Hugh Karseras as their new Global Sales Chief Operating Officer of its Global Markets Division. Karseras will be based in [...]

CITI UNVEILS PLANS TO HIRE

By | November 2nd, 2017|Categories: Blog|

CITI UNVEILS PLANS TO HIRE - After being granted their license in Saudi Arabia earlier this year, Citigroup have unveiled plans to hire around 20 bankers by the end of the year. @JAMES FORESE, the [...]

J.P.MORGAN CAZENOVE LOSE VETERAN BANKER

By | November 2nd, 2017|Categories: Blog|

J.P.MORGAN CAZENOVE LOSE VETERAN BANKER – A banker, who has been a major contributor to J.P. Morgan Cazenove's UK franchise, has decided to retire after 37 years in the city. @Laurence Hollingworth started his career in [...]

GOLDMAN SACHS MOVING

By | November 1st, 2017|Categories: Blog|

GOLDMAN SACHS MOVING – Lloyd Blankfein has tweeted saying; "In London. GS still investing in our big new Euro headquarters here. Expecting/hoping to fill it up, but so much outside our control. #Brexit" The US [...]

INTRODUCING THE SPARTAN TIMES NEWSLETTER

By | November 1st, 2017|Categories: Blog|

INTRODUCING THE SPARTAN TIMES NEWSLETTER – We would like to thank each and everyone of you for your continuous support of our financial markets blog, which has now reached a staggering 850,000 individual views a month. Whilst one of our goals is to maintain this [...]

MORGAN STANLEY QUITS RECRUITMENT PACT

By | November 1st, 2017|Categories: Blog|

MORGAN STANLEY QUITS RECRUITMENT PACT – For over a decade, competing securities brokerages have agreed not to sue each other when brokers quit to join rivals and take clients with them. That's all changed now; on Monday Morgan Stanley announced they would [...]

October 2017

BLOOMBERG’S OPENING OF NEW LONDON HQ

By | October 30th, 2017|Categories: Blog|

BLOOMBERG’S OPENING OF NEW LONDON HQ – 24th October saw the opening of Bloomberg's new headquarters in London. The building which has been labeled the most sustainable office building in the world, cost the architects [...]

CREDIT SUISSE PROMOTE SENIOR BANKERS TO CO-HEADS

By | October 30th, 2017|Categories: Blog|

CREDIT SUISSE PROMOTE SENIOR BANKERS TO CO-HEADS – Credit Suisse have appointed @David Hammond and @Spyros Svoronos as the banks Co-Heads of Global Industrials Investment Banking and Capital Markets Group. According to an internal memo, under Hammond's leadership the bank's franchise has been ranked top 3 globally, with Svoronos also advising on large acquisitions such as [...]

EX-MILLENNIUM PM STARTS NEW HEDGE FUND

By | October 26th, 2017|Categories: Blog|

EX-MILLENNIUM PM STARTS NEW HEDGE FUND – @Georges Gedeon, a former portfolio manager at Millennium and GLG Partners, is gearing up to launch his new hedge fund Antler Capital in London. The fund is reportedly [...]

CITI PROMOTE NEW CO-HEAD OF INVESTMENT BANKING

By | October 26th, 2017|Categories: Blog|

CITI PROMOTE NEW CO-HEAD OF INVESTMENT BANKING – @Emmanuel REGNIEZ who currently covers global asset managers, has been promoted to Co-Head of Investment Banking alongside @Nicolas Desombre in France. Regniez will continue to cover global asset managers but has [...]

INVESCO CEO BOARDS UP THE IA

By | October 25th, 2017|Categories: Blog|

INVESCO CEO BOARDS UP THE IA – @Andrew Schlossberg, Invesco Perpetual's CEO has been hired by The Investment Association as a non-executive director. Schlossberg has been with Invesco since 2001 and has held an array of top level [...]

DEUTSCHE ANNOUNCE NEW BANKING HEAD

By | October 25th, 2017|Categories: Blog|

DEUTSCHE ANNOUNCE NEW BANKING HEAD – @Neel Laungani has been hired by Deutsche Bank (DB) as the firms new Head of Technology, Media, Telecoms (TMT) Investment Banking for Asia Pacific, as DB believe their will be a surge in acquisitions and capital [...]

TOMS TO THE TOP OF OPENFIN

By | October 24th, 2017|Categories: Blog|

TOMS TO THE TOP OF OPENFIN - @Adam Toms, former CEO of Instinet Europe has been hired by Openfin, the operating system for financial desktops, as the CEO for Europe. He has a 20+ year strong financial background having held roles [...]

CREDIT SUISSE EQUITIES SHUFFLE

By | October 24th, 2017|Categories: Blog|

CREDIT SUISSE EQUITIES SHUFFLE - Credit Suisse's Head of Americas Equities Business, @Darlene Pasquill, has announced that she will be leaving the firm to pursue other interests. Pasquill, who has been with the Swiss banking giant since [...]

ANOTHER TOP RESEARCH HIRE FOR BAR CAP

By | October 24th, 2017|Categories: Blog|

ANOTHER TOP RESEARCH HIRE FOR BAR CAP – In addition to this month's European Banks research hires at Barclays, the bank has also hired a Managing Director of US Equity Research in New York. @David Strauss   has made [...]

GS & JPM BRACE FOR HARD BREXIT

By | October 20th, 2017|Categories: Blog|

GS & JPM BRACE FOR HARD BREXIT – Two of the leading investment banks, Goldman Sachs & JP Morgan are preparing themselves for a 'Hard Brexit'. @Faryar Shirzad, GS's Co-Head of Government Affairs has said, [...]

UBS VALUES QUALITY OVER QUANTITY

By | October 19th, 2017|Categories: Blog|

UBS VALUES QUALITY OVER QUANTITY – UBS have said they plan to invest around 3 times as much as they currently do training new recruits. This is the result of the bank wanting to focus [...]

WILL MIFID II CUT ANALYST JOBS?

By | October 19th, 2017|Categories: Blog|

WILL MIFID II CUT ANALYST JOBS? – Under the current system analysts are typically paid via the commissions generated from equity trades, which are then divided up inside the firm along with other streams of [...]

HAZARDOUS HEDGEFUND HEAVYWEIGHTS

By | October 18th, 2017|Categories: Blog|

HAZARDOUS HEDGEFUND HEAVYWEIGHTS - Brevan Howard, the hedge fund run by Alan Howard has fallen by 6.4% this year through September. The fund managed circa $40 billion throughout their firm in 2013, however in August [...]

BARCLAYS BOLSTER BANKS RESEARCH TEAM

By | October 18th, 2017|Categories: Blog|

BARCLAYS BOLSTER BANKS RESEARCH TEAM – Barclays equity division have hired two new analysts to Co-Head their European banks research team. @Amit Goel who was most recently of Exane, has come on board to cover [...]

NOMURA’S NEW EXECUTIVE CHAIRMAN

By | October 17th, 2017|Categories: Blog|

NOMURA'S NEW EXECUTIVE CHAIRMAN – @Mark Yassin has been appointed Nomura's Executive Chairman of the Middle East and North Africa. Yassin has been tasked with expanding the banks wholesale banking operations across the region, as [...]

BANK OF AMERICA ROLLING BACK STAFF

By | October 17th, 2017|Categories: Blog|

BANK OF AMERICA ROLLING BACK STAFF – Bloomberg has reported that Bank of America has reduced their total headcount in the third quarter by 1,065, which brings the overall total down to 210,00. The business [...]

INSTINET APPOINT NEW INTERNATIONAL HEAD

By | October 16th, 2017|Categories: Blog|

INSTINET APPOINT NEW INTERNATIONAL HEAD – Instinet have announced the appointment of a new International Head of Electronic Sales, who will be responsible for expanding the firms delivery of algorithmic and electronic trading capacities and [...]

STANDARD CHARTERED HIRING WITHIN WEALTH

By | October 4th, 2017|Categories: Blog|

STANDARD CHARTERED HIRING WITHIN WEALTH - Standard Chartered have hired @Demir Avigdor to be a Managing Director and Market Head for Africa and Europe, from UBS. Avigdor spent over 16 years with UBS Wealth Management, [...]

BUY-SIDE ALTERING LANDSCAPE

By | October 3rd, 2017|Categories: Blog|

BUY-SIDE ALTERING LANDSCAPE – With the financial landscape changing, investment firms are doing what they can to prepare for the reforms, with key figures moving into crucial positions. As a result, Aquila Capital, an alternative [...]

JPM’S NEW CEO

By | October 2nd, 2017|Categories: Blog|

JPM'S NEW CEO – J.P. Morgan have appointed a new chief executive for the banks EMEA operation. @Vis Raghavan, who is currently the deputy-CEO, will now oversee the banks business in asset management, private banking, [...]

INSTINET STRENGTHEN US RESEARCH

By | October 2nd, 2017|Categories: Blog|

INSTINET STRENGTHEN US RESEARCH - @Christopher Eberle has been appointed by Instinet as a Senior Equity Research Analyst and will be covering their software sector. Eberle joins Instinet from Folger Hill Asset Management, where he [...]

September 2017

KASE CM IS CLOSING ITS DOORS

By | September 29th, 2017|Categories: Blog|

KASE CM IS CLOSING ITS DOORS – @Whitney Tilson, founder of Kase Capital Mangement, sent a letter to clients on Sunday stating he is closing his hedge fund. The firm at its peak managed around [...]

J.P. MORGAN AM HIRE DISTRIBUTION HEAD

By | September 28th, 2017|Categories: Blog|

J.P. MORGAN AM HIRE DISTRIBUTION HEAD – The asset management arm of JP Morgan have announced the hire of UK Head of Exchanged Traded Fund (ETF) Distribution. @John Abu has been appointed to the position, [...]

NEW CO-PRESIDENT OF EQUITIES AT RAYMOND JAMES

By | September 28th, 2017|Categories: Blog|

NEW CO-PRESIDENT OF EQUITIES AT RAYMOND JAMES – Raymond James, one of Americas leading investment banks has announced the appointment of a new Co-President of Global Equities. @Jim Bunn has been promoted from the Head [...]

BAML PROMOTE FIG CO-HEAD TO CIB CO-HEAD

By | September 27th, 2017|Categories: Blog|

BAML PROMOTE FIG CO-HEAD TO CIB CO-HEAD - The Bank of America Merrill Lynch (BAML) have given @Jim O'Neil a promotion elevating his position at the bank, from Head of the firms Global FIG team [...]

MIZUHO USING AI IN THEIR EQUITIES FRANCHISE

By | September 27th, 2017|Categories: Blog|

MIZUHO USING AI IN THEIR EQUITIES FRANCHISE – This month, Mizuho Financial Group will start artificial-intelligence trading to strengthen their Japanese equity division. Japan's third largest lender will plan to overcome MiFID II by offering [...]

GOLDMAN SACHS APPOINT CHAIRMAN & CEO

By | September 26th, 2017|Categories: Blog|

GOLDMAN SACHS APPOINT CHAIRMAN & CEO – With the retirement of @Mark Schwartz as the President of Goldman Sachs's Asia Pacific ex-Japan, the bank have appointed @Kenneth Hitchner as the Chairman & CEO for the [...]

J.P. MORGAN SET TO HIRE THOUSANDS

By | September 26th, 2017|Categories: Blog|

J.P. MORGAN SET TO HIRE THOUSANDS – According to Bloomberg News reports, JP Morgan Chase are expecting to open an operational center in Warsaw. Deputy Prime Minister, @Mateusz Morawiecki, believes a growing list of foreign [...]

MACQUARIE HIRE TO STRENGTHEN EU RESEARCH

By | September 22nd, 2017|Categories: Blog|

MACQUARIE HIRE TO STRENGTHEN EU RESEARCH - Macquarie Group have hired a string of analysts in order to consolidate their European research team. The hires include; @Grant Sporre to be Head of European Metals and [...]

CREDIT SUISSE NAME NEW TRADING HEAD

By | September 22nd, 2017|Categories: Blog|

CREDIT SUISSE NAME NEW TRADING HEAD - Swiss banking giant, Credit Suisse, have announced that @Joe Steffa will become the Global Head of Securitised Products Trading. Steffa has been with the bank since 2013 and [...]

LONDON IS WELCOMING TWO NEW HEDGE FUNDS

By | September 21st, 2017|Categories: Blog|

LONDON IS WELCOMING TWO NEW HEDGE FUNDS – Two ex-employees of Tudor Investment Corporation/Capital Europe, are starting their own funds based in London. Dirk Jeschke, a former portfolio manager at Tudor and PIMCO, is planning [...]

EX-KKR PARTNER TO LAUNCH €1BN FUND

By | September 21st, 2017|Categories: Blog|

EX-KKR PARTNER TO LAUNCH €1BN FUND - The ex-Head of UK & Ireland at KKR, @Dominic Murphy, has revealed plans to launch a new buyout firm called 8C Capital with the plan to raise €1bn [...]

GOLDMAN SACHS PROMOTING HEADS

By | September 20th, 2017|Categories: Blog|

GOLDMAN SACHS PROMOTING HEADS - US Banking giant Goldman Sachs have named @Udhay Furtado and @Harry Naysmith as Co-Heads of its Southeast Asian investment banking team. Furtado has been with GS for over 10 years [...]

CREDIT SUISSE LEADERSHIP RE-SHUFFLE

By | September 20th, 2017|Categories: Blog|

CREDIT SUISSE LEADERSHIP RE-SHUFFLE– Credit Suisse, one of Europe's largest investment banks, has just gone through a major re-reshuffle of their leadership team. @Mathew Cester and @Jens Welter have become the banks new Co-Heads of [...]

HUGE ASSET MANAGEMENT JV ON THE HORIZON

By | September 19th, 2017|Categories: Blog|

HUGE ASSET MANAGEMENT JV ON THE HORIZON – A joint venture which could see two of the biggest asset managers join forces to create the eurozone's leading asset manager, with €1.5 trillion assets under management. [...]

BROKER MAKES SERIES OF HIRES

By | September 19th, 2017|Categories: Blog|

BROKER MAKES SERIES OF HIRES – North American agency broker Olivetree Financial have made a series of hires to stimulate their growth in America. Hires include Dan Sanders, previously of Citigroup, who will become the [...]

MIFID II, DIGITAL MAYHEM

By | September 18th, 2017|Categories: Blog|

MIFID II, DIGITAL MAYHEM - With MiFID II set to be implemented early January 2018, many financial service institutions around the world are still unsure how they must adapt to be compliant with the new [...]

BARCLAYS HIRING SPREE

By | September 15th, 2017|Categories: Blog|

BARCLAYS HIRING SPREE - The ex-Head of European Asset-Backed Finance at Goldman Sachs, Matthew Weir, has been hired by Barclays as Head of Asset Finance Trading in their recently opened Financing Resource Management Department. Weir [...]

FLAGSHIP HEDGE FUND TO CLOSE

By | September 15th, 2017|Categories: Blog|

FLAGSHIP HEDGE FUND TO CLOSE – Hedge fund Eclectica Asset Management is reportedly closing down to due to a significant reduction in assets under management. In 2013 the fund had around $1bn AUM, however in [...]

EVERCORE STEPPING UP THEIR GAME IN EQUITIES

By | September 14th, 2017|Categories: Blog|

EVERCORE STEPPING UP THEIR GAME IN EQUITIES – Mike Paliotta, who is the current Head of Global Markets Equities and manages the equity franchise across Americas & Europe for Credit Suisse, will be joining Evercore [...]

JAPAN’S LARGEST BANK OPTS OUT OF LONDON

By | September 13th, 2017|Categories: Blog|

JAPAN'S LARGEST BANK OPTS OUT OF LONDON – Mitsubishi UFJ Financial Group Inc (MUFG), Japan's largest lender, has decided to base their new headquarters in Amsterdam following the UK's vote to leave the European Union. [...]

GOLDMAN SACHS REVEAL RETAIL BANKING PLANS

By | September 13th, 2017|Categories: Blog|

GOLDMAN SACHS REVEAL RETAIL BANKING PLANS – The US banking giant, Goldman Sachs, has revealed plans to launch an online savings account aimed at the masses rather than just targeting high net worth individuals. The [...]

GOLDMANS TRIO CLIMB THE LADDER

By | September 12th, 2017|Categories: Blog|

GOLDMANS TRIO CLIMB THE LADDER – Goldman Sachs' Global Head of Human Capital Management is set to retire at the end of the year and will stay on as a Senior Director at the firm. [...]

LONDON STILL TOP OF THE LEAGUE

By | September 11th, 2017|Categories: Blog|

LONDON STILL TOP OF THE LEAGUE – Regardless of Britain's choice to leave the EU, London is still the most attractive financial hub in the world, as confirmed by the Z/Yen global financial center index [...]

THINK-ING MiFID II

By | September 11th, 2017|Categories: Blog|

THINK-ING MiFID II – Dutch bank ING, have launched a website named Think, which gives access to market news and trends free of charge. The Global Chief Economist at ING, Mark Cliffe has said “Although [...]

DEUTSCHE BANK CRYAN ABOUT BREXIT

By | September 8th, 2017|Categories: Blog|

DEUTSCHE BANK CRYAN ABOUT BREXIT - Deutsche Bank's CEO, @John Cryan has told a conference in Frankfurt that, "we have people behaving like robots, doing mechanical things. Tomorrow we're going to have robots behaving like [...]

LONDON HAS A NEW LEADING STOCKBROKER

By | September 7th, 2017|Categories: Blog|

LONDON HAS A NEW LEADING STOCKBROKER – For 13 years JP Morgan Cazenove has been London's leading stockbroker, however there has been a shift in power which sees Numis take the crown. Third quarter rankings, [...]

GAM EYE UP NEW LONDON HQ

By | September 7th, 2017|Categories: Blog|

GAM EYE UP NEW LONDON HQ – GAM Holding AG, a Swiss asset manager, has decided not to move away from London because of Brexit and has instead decided to open up talks about leasing [...]

STEVE COHEN IS PREPARING FOR HIS RETURN

By | September 6th, 2017|Categories: Blog|

STEVE COHEN IS PREPARING FOR HIS RETURN – Steven Cohen's potential new hedge fund has gauged the interest of ShoreBridge Capital Partners, which has told possible investors to expect a wave of "marketing materials" in [...]

WHO’S NOT READY FOR MiFID II?

By | September 6th, 2017|Categories: Blog|

WHO'S NOT READY FOR MiFID II? - Publishing from the trading network has shown that only 6% of asset management firms they interviewed are prepared for MiFID II's arrival in 2018. A third of them [...]

BANK OF ENGLAND’S NEW DEPUTY GOV

By | September 5th, 2017|Categories: Blog|

BANK OF ENGLAND'S NEW DEPUTY GOV – @Sir David Ramsden, who previously held roles including Treasury's Chief Economic Advisor, has been hired as the Bank of England's New Deputy Governor. This hire comes in the [...]

MACQUARIE MAKING A COME BACK WITH NEW HIRE?

By | September 4th, 2017|Categories: Blog|

MACQUARIE MAKING A COME BACK WITH NEW HIRE? – Australian investment bank, Macquarie Group, have hired a Credit Suisse veteran to run their European cash sales and execution in its commodities and global markets team. [...]

GOLDMAN SACHS IN HIRING MODE

By | September 1st, 2017|Categories: Blog|

GOLDMAN SACHS IN HIRING MODE – Over the next 6 months it is reported that U.S. investment banking giants, Goldman Sachs, are looking to add around 6-7 senior bankers. Gregg Lemkau, Co-Head of Global Investment [...]

August 2017

MIFID II, WHO’S GOING TO PAY?

By | August 14th, 2017|Categories: Blog|

MIFID II, WHO'S GOING TO PAY? - JP Morgan Asset Management announced on Friday that instead of relaying costs associated with MiFID II to their clients, they will in fact incur the costs themselves. With [...]

NEW GLOBAL HEAD OF EQUITIES AT BARCLAYS

By | August 14th, 2017|Categories: Blog|

NEW GLOBAL HEAD OF EQUITIES AT BARCLAYS – Barclays Capital have hired Stephen Dainton (Dainton, Stephen) as the new Global Head of Equities. Dainton, who previously worked for Credit Suisse running the European Equities franchise [...]

BLACKSTONE ARE BOLZE-TERING THEIR NEW FUND

By | August 7th, 2017|Categories: Blog|

BLACKSTONE ARE BOLZE-TERING THEIR NEW FUND - Blackstone Group have hired Steve Bolze to help run their new Infrastructure fund. Bolze joins from General Electric, where he was the CEO of their $28bn power business. [...]

ARRIVAL OF A NEW EQUITIES HEDGE FUND

By | August 7th, 2017|Categories: Blog|

ARRIVAL OF A NEW EQUITIES HEDGE FUND – Arnaud Langlois, a former Portfolio Manager at Millennium Capital Partners, UBS O'Connor and Brevan Howard Asset Management, is launching his own equities hedge fund. The fund is [...]

UBS’S SUCCESSFUL 2ND QUARTER

By | August 4th, 2017|Categories: Blog|

UBS'S SUCCESSFUL 2ND QUARTER - @Sergio Ermotti, UBS' Chief Executive, said in a statement "The results once again demonstrate the value of our diversified business model, allowing us to grow profitably and sustainably over the [...]

POINT72 HITS REGULATORY ISSUES IN THE UK

By | August 3rd, 2017|Categories: Blog|

POINT72 HITS REGULATORY ISSUES IN THE UK - Steve Cohen's hedge fund, Point72, could run into issues relating to regulation in the UK. Cohen's firm was set up in 2014 to manage around $11bn of personal [...]

GOLDMAN CHOOSE CHU AS MD

By | August 2nd, 2017|Categories: Blog|

GOLDMAN CHOOSE CHU AS MD - Goldman Sachs have hired Bill Chu as Managing Director in the China Investment Banking Services (IBS) team, to be based in Beijing. Chu was most recently Head of Asia [...]

CREDIT SUISSE AM’S BILLION DOLLAR FUND

By | August 2nd, 2017|Categories: Blog|

CREDIT SUISSE AM'S BILLION DOLLAR FUND - Credit Suisse Asset Manager has got plans to 'spin out' a $1bn Quantitative Hedge Fund, later on in the year. Credit Suisse Quantitative and Systematic Asset Management is [...]

EX-GOLDMANS SUPER-STAR TECH ANALYST JOINS PWP

By | August 1st, 2017|Categories: Blog|

EX-GOLDMANS SUPER-STAR TECH ANALYST JOINS PWP – Parella Wienberg Partners, a New York based Investment bank, announced on Monday that they have hired 'Hall of Fame Technology Analyst' Richard Sherland, as a Partner in their [...]

NUMIS RESHUFFLES BOARD

By | August 1st, 2017|Categories: Blog|

NUMIS RESHUFFLES BOARD – Numis Corporation, has announced the departure of current CFO, Simon Denyer, and two other senior executives. Denyer has been at Numis for 11 years and is set to leave the in [...]

July 2017

EX-GOLDMAN’S PARTNER MOVES TO JEFFERIES

By | July 31st, 2017|Categories: Blog|

EX-GOLDMAN'S PARTNER MOVES TO JEFFERIES - Ex-Goldman Sachs Partner, Peter Seccia, has been hired by Jefferies to become their new Global Head of Equity Derivatives. He will be based in New York and will be [...]

MORGAN STANLEY SHAKE IT UP

By | July 28th, 2017|Categories: Blog|

MORGAN STANLEY SHAKE IT UP - Tom Glocer has been appointed by Morgan Stanley as an Independent Lead Director on its Board of Directors. He has been a Director at MS since 2013 and the [...]

DEUTSCHE BANK FALLING BEHIND?

By | July 27th, 2017|Categories: Blog|

DEUTSCHE BANK FALLING BEHIND? - Europe's Biggest Investment Bank, Deutsche Bank, have reported a 10% decline in revenues for their 2nd quarter to $6.62bn, this is their weakest quarter in 3 ½ years. Earnings dropped [...]

THE BEST OF ASIAN TRADING

By | July 26th, 2017|Categories: Blog|

THE BEST OF ASIAN TRADING - Institutional Investor has announced the results of their Asian Trading Rankings. Swiss banking giants, Credit Suisse, took poll position after earning recognition in 17 of the 20 categories including 5 [...]

CITIGROUP GRABS UBS BY THE HORN

By | July 26th, 2017|Categories: Blog|

CITIGROUP GRABS UBS BY THE HORN - Heiko Horn has been named as Citigroup's Head of Diversified Industrials within the Industrials Group for the EMEA region, and also as the Head of Investment Banking for [...]

LAZARD GOING FULL STEAM AHEAD

By | July 25th, 2017|Categories: Blog|

LAZARD GOING FULL STEAM AHEAD - Lazard has hired Rudiger Grube, the former CEO of Deutsche Bahn (a German rail operator), to Chair its Investment Banking arm in Germany. Grube will start his role in [...]

GUGGENHEIM STRENGTHEN EQUITY RESEARCH

By | July 25th, 2017|Categories: Blog|

GUGGENHEIM STRENGTHEN EQUITY RESEARCH - Guggenheim Securities have named Stefano Natella as Senior Managing Director to lead the Equity Research Team. Natella has held a number of positions within the industry, such as Global Head [...]

ARE THE “BOTS” TAKING OVER?

By | July 24th, 2017|Categories: Blog|

ARE THE "BOTS" TAKING OVER? - A report released by consulting group, McKinsey, states that nearly a 1/3 of jobs within IBs could be taken over by Artificial Intelligence. The report entitled 'Cognitive Technologies in [...]

DEUTSCHE ON THE BREXIT MARCH?

By | July 24th, 2017|Categories: Blog|

DEUTSCHE ON THE BREXIT MARCH? - Deutsche Bank's CEO John Cyran said to workers, on the 11th of July in a video announcement, that the lenders are preparing for a 'hard Brexit', causing roles to [...]

THE FOUNDER OF NUMIS JOINS PALAMAN

By | July 21st, 2017|Categories: Blog|

THE FOUNDER OF NUMIS JOINS PALAMAN - The founder and former Chief Executive of Numis Securities, Oliver Hemsley, has joined the advisory board of a Private Equity firm based in the UK, Palamon Capital Partners. [...]

MORGAN STANLEY’S BREXIT PLAN

By | July 20th, 2017|Categories: Blog|

MORGAN STANLEY'S BREXIT PLAN - Morgan Stanley have revealed that they are planning to move around 200 employees from the UK to Frankfurt post-Brexit. The workforce in Frankfurt is expected to be doubled as a [...]

CITI’S BREXIT PLAN

By | July 19th, 2017|Categories: Blog|

CITI'S BREXIT PLAN - Citi are the latest bank to release their plans for post Brexit, having named Frankfurt as their new home. The decision to find a new EU base is one that all [...]

CONTINGENCY PLAN DEADLINE IS HERE

By | July 18th, 2017|Categories: Blog|

CONTINGENCY PLAN DEADLINE IS HERE - Friday saw the deadline for financial service institutions to unveil their plans in the case of a 'Hard Brexit'. Sam Woods, boss of Prudential Regulation Authority (PRA), set the [...]

CHANGE ON TOP OF THE MAPLE TREE

By | July 18th, 2017|Categories: Blog|

CHANGE ON TOP OF THE MAPLE TREE - Bank of Montreal Capital Markets have announced the promotions of John Armstrong and Lyle Wilpon as Co-Heads of their Global M&A Group. The pair were previously Co-Heads [...]

AMUNDI CUTTING COSTS

By | July 17th, 2017|Categories: Blog|

AMUNDI CUTTING COSTS – Europe's largest asset manager, Amundi, have initiated a hiring freeze following their €3.5bn acquisition of Pioneer Investments. Not only is there a temporary ban on hiring, there are also plans to [...]

LEADERSHIP SHAKE UP AT MAN GROUP

By | July 14th, 2017|Categories: Blog|

LEADERSHIP SHAKE UP AT MAN GROUP – Man Group's Diversified Quantitative Investment Management unit, Man AHL, has shaken up it's leadership. Sandy Rattray has stepped down as CEO to make way for new Co-CEO's Antoine [...]

CHINA GIVE UBS AM A GOLDEN TICKET

By | July 14th, 2017|Categories: Blog|

CHINA GIVE UBS AM A GOLDEN TICKET - UBS Asset Management have been granted a Private-Funds license in China. This will allow them to manage money for High Net Worth Individuals and institutions for the [...]

FRENCH BANK GIVING BRITAIN CONFIDENCE

By | July 13th, 2017|Categories: Blog|

FRENCH BANK GIVING BRITAIN CONFIDENCE – French bank, Credit Agricole, has shown its loyalty to the UK by signing a 6 year leasing agreement with their land lord, British Land. This agreement will see the [...]

BANKS ARE UPGRADING

By | July 13th, 2017|Categories: Blog|

BANKS ARE UPGRADING - There have been a number of hires across the market of late, here is a small selection. Chris Harding  has been appointed as Director of Deutsche Bank's Capital Markets & Solution [...]

CREDIT SUISSE EQUITIES, TRADING MIKES

By | July 12th, 2017|Categories: Blog|

CREDIT SUISSE EQUITIES, TRADING MIKES - The Head of Global Equities Trading at Credit Suisse, Michael Paliotta, is set to leave as revealed by statement released internally on Tuesday. Paliotta has been with the bank [...]

STATE STREET HIRE NEW CFO

By | July 12th, 2017|Categories: Blog|

STATE STREET HIRE NEW CFO – State Street Corp, have announced the appointment of a new CFO for their Europe, Middle East and Africa (EMEA) region. Melissa Ballenger, will become the new CFO, had previously [...]

NEW HEDGE FUND GETS $300mn BLUE MONEY

By | July 11th, 2017|Categories: Blog|

NEW HEDGE FUND GETS $300mn BLUE MONEY - One Eleven (111) Capital, a new hedge fund set up by former Head of Trading (Europe) at Societe Generale, Maxime Kahn, has had a $300mn cash injection [...]

JP MORGAN WANT THE LUCK OF THE IRISH

By | July 11th, 2017|Categories: Blog|

JP MORGAN WANT THE LUCK OF THE IRISH - JP Morgan CEO, Jamie Dimon, has confirmed plans to expand their business in Dublin. Dimon said "I met with Prime Minister (sic) Varadkar today to discuss [...]

ITALIAN GOVERNMENT TAKES CONTROL

By | July 10th, 2017|Categories: Blog|

ITALIAN GOVERNMENT TAKES CONTROL – 4th July saw the Italian government finally take control of the worlds oldest bank, Monte dei Paschi. The Italian bank had failed to sure up capital after succumbing to bad [...]

EUROPE’S TRADING NEED FOR SPEED

By | July 7th, 2017|Categories: Blog|

EUROPE'S TRADING NEED FOR SPEED - Financial institutions are 'reluctant to move out of London' due to 'access to ultra-fast internet', according to research conducted by the ECB. Brexit has caused uncertainty among financial institutions due [...]

GOLDMAN’S SIMON SAYS $75MN

By | July 6th, 2017|Categories: Blog|

GOLDMAN'S SIMON SAYS $75MN – Goldman Sachs are reportedly trying to sell a stake in one of their fintech ventures, "Simon", valuing it at $75mn. Simon, which stands for Structured Investment Marketplace and Online, is [...]

MIFID II – FREE RESEARCH FOR EVERYONE?

By | July 6th, 2017|Categories: Blog|

MIFID II - FREE RESEARCH FOR EVERYONE? - With the FCA having published their second MiFiD II Implementation Policy Statement, a huge 1068 page publication, it seems as if the Buy-Side are able to receive [...]

CENKOS APPOINTS NEW CEO

By | July 5th, 2017|Categories: Blog|

CENKOS APPOINTS NEW CEO – London Stockbroker, Cenkos, have chosen a new Chief Executive to take over from incumbent head, Jim Durkin. Current Non-Executive Director, Anthony Hotson, will succeed Durkin at the helm of the [...]

CITI TRIGGER EXOTIC TRADING MOVEMENT

By | July 5th, 2017|Categories: Blog|

CITI TRIGGER EXOTIC TRADING MOVEMENT – Robert Smolen, will become the new Head of Exotic Equity Derivatives Trading EMEA for Citigroup, to be based in London. Smolen moves from J.P. Morgan, where he previously managed [...]

RBC CAPITAL MARKETS HIRE ACROSS EUROPE

By | July 4th, 2017|Categories: Blog|

RBC CAPITAL MARKETS HIRE ACROSS EUROPE – RBC Capital Markets have been busy making senior hires across their European offices. In the Netherlands, they have appointed Willem Ariens as Managing Director for their Benelux Operations. [...]

MORGAN STANLEY PM PREPARING FOR LAUNCH

By | July 3rd, 2017|Categories: Blog|

MORGAN STANLEY PM PREPARING FOR LAUNCH  – Marco Spaltro, a Senior Portfolio Manager at Morgan Stanley Investment Management is preparing for the launch of his new London-based Hedge Fund, Newfin Capital. Spaltro earned his stripes [...]

EVERCORE BUILDING EVER-MORE

By | July 3rd, 2017|Categories: Blog|

EVERCORE BUILDING EVER-MORE - Evercore have made another senior hire, with Deutsche Bank's Paul Stefanick set to become a Senior Executive. The firm have made many other hires in recent times as they look to [...]

June 2017

RECRUITS, RESIGNATIONS & RETIREMENTS

By | June 30th, 2017|Categories: Blog|

RECRUITS, RESIGNATIONS & RETIREMENTS – Citigroup have hired @Toby Ali from BAML to Co-Head their Leveraged Finance business in the EMEA regions. Ali will be working alongside Co-Head @Simon Francis, who joined the bank in [...]

CITI’S NEW ELECTRONIC EQUITIES ENTOURAGE

By | June 29th, 2017|Categories: Blog|

CITI'S NEW ELECTRONIC EQUITIES ENTOURAGE – Citigroup CEO, Mike Corbat, earlier this month announced that equities was a focus for the bank and a result the electronic equities business has been busy hiring. The bank [...]

SWISS HEDGE FUND RE-OPENS IN LONDON

By | June 29th, 2017|Categories: Blog|

SWISS HEDGE FUND RE-OPENS IN LONDON – With on going Brexit negotiations and bulge bracket investment banks announcing new European hubs, a Swiss hedge fund named Amplitude Capital has gone against the tide and decided [...]

OPPENHEIMER-EUROPE ARE GROWING

By | June 28th, 2017|Categories: Blog|

OPPENHEIMER-EUROPE ARE GROWING – Oppenheimer's European investment banking arm have announced plans to grow across Europe. They are looking to add in their Corporate Finance and Debt Capital Markets divisions, whilst also looking to add [...]

BANKING GOING BACK TO THE FUTURE

By | June 28th, 2017|Categories: Blog|

BANKING GOING BACK TO THE FUTURE – With the current state of the market due to MiFiD & Brexit, it seems as if Banking is going back in time, possibly to a simpler time where [...]

E-MARKET MAKERS DEAL WITH MIFID II

By | June 27th, 2017|Categories: Blog|

E-MARKET MAKERS DEAL WITH MIFID II – Virtu Financials and Instinet Europe have struck up a deal which has become the first indication of how market makers will adapt to MiFID II. Virtu, who spoke [...]

CREDIT SUISSE FLOATING DOWN THE RIVER

By | June 27th, 2017|Categories: Blog|

CREDIT SUISSE FLOATING DOWN THE RIVER - River & Mercantile have agreed a co-operation deal with Credit Suisse Asset Management. Al Bryant, CFA and Todd Leigh along with their Emerging Markets Industrial Life Cycle Team [...]

MIFID II FAVOURS THE UNDERDOG

By | June 26th, 2017|Categories: Blog|

MIFID II FAVOURS THE UNDERDOG - The arrival of new regulation, Mifid II (January 2018), is expected to stimulate 'axe swinging' through major parts of research teams in investment banks, according to a report published [...]

NOMURA BUYS OFF THE (STATE) STREET

By | June 23rd, 2017|Categories: Blog|

NOMURA BUYS OFF THE (STATE) STREET  – Nomura Group's equity execution services arm Instinet LLC, have acquired State Street's BlockCross Alternative Trading System (ATS). BlackCross, which is an independent brokerage firm that brings together buy [...]

BANKS BREXIT OPTIONS

By | June 23rd, 2017|Categories: Blog|

BANKS BREXIT OPTIONS  – As Brexit looms banks are looking at their European options in case a passporting deal cannot and is not achieved. Here is a compilation of where they want to move and [...]

GOLDMAN’S EURO MOTION

By | June 22nd, 2017|Categories: Blog|

GOLDMAN'S EURO MOTION - Goldman Sachs are considering moving up to 1,000 people, according to Richard Gnodde, the bank's Regional Head. “We started to shift resources to Frankfurt and other European cities” he said. In Frankfurt [...]

HARDING-JONES COMMUTES TO THE CITI

By | June 22nd, 2017|Categories: Blog|

HARDING-JONES COMMUTES TO THE CITI - Alison Harding-Jones, formerly of UBS, has been hired by Citigroup to Head M&A for the US bank. She has also been given the role of Vice Chairman of EMEA Corporate [...]

MEGA MERGER NAMES INVESTMENT COMMITTEE

By | June 21st, 2017|Categories: Blog|

MEGA MERGER NAMES INVESTMENT COMMITTEE - After a successful shareholder vote, Standard Life & Aberdeen Asset Management have named 12 senior executives to run the investment committee. These are as follows; Brian Fleming – Global [...]

CITADEL APPOINT EX-BAML EQUITIES HEAD TO THE BOARD

By | June 20th, 2017|Categories: Blog|

CITADEL APPOINT EX-BAML EQUITIES HEAD TO THE BOARD – Citadel Securities' European arm has hired former BAML Co-Head of Electronic Equities Trading, Tony Walker as an Independent Non-Executive Director. The hire hints at preparations being [...]

UBS FINANCING THE FINTECH FUTURE

By | June 20th, 2017|Categories: Blog|

UBS FINANCING THE FINTECH FUTURE - UBS has announced a competition that will see successful FinTech startups being rewarded up to $200,000, coupled with over 250 hours of coaching from UBS industry experts. The competition deadline [...]

KEPLER CHEUVREUX ADD SWEDBANK TO GROWING GLOBAL EMPIRE

By | June 19th, 2017|Categories: Blog|

KEPLER CHEUVREUX ADD SWEDBANK TO GROWING GLOBAL EMPIRE – Kepler Cheuvreux have added Nordic-based investment bank Swedbank to their growing equity global partnerships. The collaboration has been brought together to utilise Swedbank's banking, advisory skills [...]

May 2017

STEVE COHEN TO REPLACE TALENTLESS TRADERS

By | May 3rd, 2017|Categories: Blog|

Speaking at the Milken Institute Global Conference last May, Steve Cohen expressed his frustration at the lack of talent amongst traders, by saying "frankly, I'm blown away by the lack of talent... its not easy [...]

JP MORGAN PREPARE LONDON EXIT

By | May 3rd, 2017|Categories: Blog|

Head of Investment Banking at JP Morgan, Daniel Pinto, has announced the bank is planning to relocate 'hundreds of people' to offices in Dublin, Frankfurt and Luxembourg. Pinto has said, "We have to plan for [...]

CREDIT SUISSE HIT HARD IN Q1

By | May 2nd, 2017|Categories: Blog|

Credit Suisse's equities business has seen a bigger drop in Q1 results than first predicted by market analysts. The Swiss lender saw their equities trading revenue plummet 22% to $726mn, with the drop driven by [...]

April 2017

STEVE COHEN CHANGING BANKS RESEARCH?

By | April 11th, 2017|Categories: Blog|

STEVE COHEN CHANGING BANKS RESEARCH? – With investment banking research becoming ever more regulated, money management firms have started paying less for research and are developing their own in house analysis groups. Hedge fund [...]