Luigi De Vecchi will join the US investment bank from July and open Milan office
UBS, BNP Paribas, SocGen, Barclays and Deutsche Bank reported €13bn in combined first-quarter trading revenues
‘They sold us the dream but the reality was much more different,’ said one employee?
Wall Street has a new captain
Plus, the ‘Goldman of the Tropics’ and John Waldron’s take on tariffs
Rogo, founded by an ex-Lazard analyst, has raised $50mn from investors led by Thrive Capital
CS Venkatakrishnan says regime helps protect customers as bank reports 20% rise in profits
BTG Pactual aims to be one of main commodities players as it boosts its presence in Asia
To be taken with a grain of salt
Germany’s largest lender boosted by strong performance in investment banking
No Más Málaga
Scott Bok’s autobiography raises questions about the vast influence of those that have benefited most from a golden age of finance
Revenues from equity services ‘up steeply’ in US due to market volatility
Unlike large investment banks, boutiques are fully exposed to the dealmaking lull
Equities trading frenzy lifted investment banking division to highest-ever revenues
The US lender told the FT it was shutting its Spanish Costa del Sol office as part of a strategy to ‘simplify the firm’
Japanese bank seeks growth in US and Europe with $1.8bn acquisition
I’ve spent decades working towards the moment when I’d retire from my high-powered job in finance. Now what?
JPMorgan chief tells the FT that Washington and Beijing ‘should engage’ as tariffs escalate
European Banking Authority says variable pay for some staff has risen to more than €1mn
Banks have gained from surge in volumes amid market gyrations
Markets are in a tailspin, making a return to the old cyclical highs much more elusive
Market volatility expected to drive bumper quarter in trading while depressing M&A and IPO revenues
An ECM Cinderella story
The bank’s integration of Credit Suisse is going well. It’s everything else that’s the problem
