A new generation of US boutique investment banks is trying to end the dominance of Lazard and Rothschild
Volatility is keeping market-making desks active at a time when mergers and issuance have slowed
Filippo Gori had moved to London from Hong Kong last year but is relocating
AI tools could take on much of the grunt work done by human number crunchers
Now the government has sold its final stake, the bank cannot fritter away its reputation again
Private equity firm is second in two days to delay hiring process after complaints by JPMorgan chief Jamie Dimon
Private equity group’s boss Marc Rowan says he feels ‘compelled to agree’ with recent criticism
Largest single severance payment of €11.2mn in pool split between 2,100 staff at seven banks since 2018
Veteran dealmaker will become executive chair of investment bank
Chief operating officer John Waldron anticipates period of ‘slowflation’ with rising prices outpacing growth
Mastery requires showing up, putting in the effort and sometimes staying late
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
