Something strange has happened in the past few weeks. Banks, which are usually quick off the mark when it comes to cutting costs and headcount in any crisis, let alone one in which GDP is expected to shrink at rates unprecedented within living memory, […]
It’s only March but bonuses are already likely to be a touchy subject in investment banks this year: chances are that they’ll be cancelled or reduced dramatically, particularly as various banks are giving employees the sorts of employment assurances that usually come at a cost. Although health considerations will […]
As the number of COVID-19 cases in China falls, it is also recovering from the effects on industry. Companies have been exploring creative ways to restart global supply chains. More work is needed to ensure long-term resilience. China seems to […]
With signs that the COVID-19 coronavirus might not be as under control as was initially hoped, some banks have updated their guidelines for staff on how to protect against themselves the illness. Goldman Sachs’ international head of human capital management, Sally Boyle, […]
This year’s bonus round at boutique M&A firm Moelis & Co. is unlikely to be the best, despite attempts by the firm to add to the pool in the fourth quarter. In 2019, the independent advisory firm faced a year […]
DES MOINES — There can be no doubting it now, not after so many years spent in the crosshairs, not after active presidential candidates began challenging its privileged position atop the nominating calendar, and certainly not after Monday night’s debacle […]
Cette monnaie virtuelle, qui doit sortir courant 2020, sera adossée à un panier de devises. Elle servira à réaliser des transferts d’argent à moindre coût et à effectuer des achats en ligne. Depuis l’annonce du projet en juin 2019, la […]
“The battle is more in the technology world at this point than in just having brilliant traders” – Jamie Dimon Generating alpha and market-making today require asset managers and securities businesses to think differently. Specifically, it requires portfolio managers and traders […]
As we’ve reported in the past few weeks, Goldman Sachs has big plans for its technology (engineering) division. Engineers already account for around 25% of the firm’s headcount and as Goldman moves to become more of a ‘platform business’ this is proportion is likely […]
With two months until year end, M&A bankers are steeling themselves for their annual compensation discussion with their bosses. Global M&A volumes are down 9% this year, and 26% in Europe, giving bosses the whip hand when it comes to revealing […]
