Bank of America cuts 150 investment banker jobs. It’s the most recent round of layoffs
The reduction comes weeks after Bank of America let go of staff in its investment banking and global markets divisions globally, Reuters reported.
HSBC said to place some investment bankers on short-term retention in wake of restructuring
HSBC Holdings (HSBC) is reportedly putting some bankers on short-term retention deals to close out client mandates as certain ...
The Middletown Press1d
Middletown police: Search called off for person who drove into Connecticut River
Middletown police say the search has been called off for the person who drove into the Connecticut River late on Feb. 25.
RBI asks for forex derivative exposure details from banks
MUMBAI: Within days of the fiasco at Indusind Bank’s forex derivatives imploding with a Rs 2,000-crore likely hit on its ...
The Banker1d
As Carney becomes Canadian PM, here are five more bankers who became political leaders
His first brush with politics came in 1993 when he became prime minister of a caretaker government under President Oscar ...
The Financial Express2d
EXPLAINER | What’s gone wrong at IndusInd Bank?
IndusInd Bank has already appointed an external agency to independently review and validate the internal findings. A final ...
NerdWallet2d
The Do’s and Don’ts of Using AI to Manage Your Finances
AI tools can be a helpful thought partner when it comes to managing finances, but they may not be the best resource for ...
VCCircle2d
IDBI Capital gets LP commitments for two new investment funds
IDBI Capital Markets and Securities Ltd, a unit of Mumbai-listed lender IDBI Bank, has secured capital commitments for ...
Who is Mark Carney, Canada's inevitable, improbable next prime minister?
He has never held elected office but the former back-up goalie and global banker from Fort Smith, N.W.T., is ready for his biggest challenge yet ...
Worcester Business Journal3d
Brick & mortar: Central Mass. banks are standing behind the power of in-person banking in an increasingly digital age
In Central Massachusetts, the confidence banking executives have in the brick-and-mortar model is unwavering: The role ...
Steak Dinners Sell ETFs
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...
HSBC's Equities Trading, Research to Survive Elhedery's Overhaul — Financial News
HSBC's equities trading and research unit in Europe and the Americas won't be shuttered as chief executive Georges Elhedery continues to overhaul the bank. The U.K. lender's stock trading and research ...