Security Brokering/Dealing
- Finance
Goldman Sachs says senior bankers are free to take as much time out as they want
Goldman Sachs rolled out a new policy that will allow its most senior staff to take as much leave as…
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Goldman Sachs boss David Solomon: Return to the office could take years
Getting staff back to the office could take years, Goldman Sachs CEO David Solomon said, as in-person attendance at the bank’s US premises remains between…
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Goldman Sachs slashes London banker pay by 66% during the first quarter
Goldman Sachs reduced the amount it spends on pay for London-based staff by 66% during the first quarter as dealmaking fees…
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Robinhood boosts trading app with stock trading service
Robinhood Markets said on 4 May that it is adding stock lending to its trading app, the latest in a…
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Jefferies hires Morgan Stanley’s Richard Gostling to head up business services in Europe
Jefferies has hired a Morgan Stanley dealmaker to head up its coverage of the business services sector in Europe, the…
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Goldman Sachs partner Clare Scherrer takes CFO role at FTSE 100 firm Smiths Group
A top Goldman Sachs dealmaker who left the bank in March has re-emerged as chief financial officer of FTSE 100…
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Robinhood lays off 9% of full-time employees as it drives plan to end duplicate roles
Robinhood Markets said it was laying off 9% of its full-time workers and is cutting back on duplicate roles it…
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Robinhood to lay off 9% of workforce as its stock hits new low
Robinhood Markets Inc. is cutting 9% of its workforce, the online-trading platform’s chief executive announced Tuesday afternoon, as the company’s…
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Trading Places: BofA’s sales shakeup, UBS brings Frances Fahey back, Goldman’s Dustin Cohn joins Cadre
Bank of America shook up the senior ranks of its foreign exchange sales desk as the head of the unit prepares…
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Goldman Sachs keeps intern pay at $85,000 as Wall Street rivals raise salaries
Goldman Sachs has decided not to up pay for its interns, despite hiking salaries for other lower-level roles as an…
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JPMorgan AM’s Kristian West: Differences between us and tech giants ‘less than you’d imagine’
JPMorgan Asset Management has for several years been placing greater emphasis on data science and analytics to give its portfolio…
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Why Goldman’s David Solomon is getting a chunk of the bank’s private equity profits
David Solomon is getting a bigger slice of Goldman Sachs’ private-equity profits. The Goldman Sachs chief executive and a tight…
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Goldman chief takes cut of private investment funds
David Solomon is getting a bigger slice of Goldman Sachs’s private equity profits. The Goldman Sachs chief executive and a tight…
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Robinhood signs a deal to acquire UK’s Ziglu as part of expansion plans
Weeks after Robinhood Markets extended cryptocurrency wallet services to more than two million users in the U.S., the investing platform…
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Bank of America joins Wall Street’s profit rout with 12% drop
Bank of America reported a 12% drop in first-quarter profit on 18 April, marking the end to an underwhelming earnings season…
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BlackRock enters strategic partnership with stablecoin firm Circle
Circle Internet Financial, a cryptocurrency start-up that is merging with a special-purpose acquisition company, raised $400m in a funding round…
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JPMorgan, Citi, Goldman see deal fees tank 41% as clients ‘are holding their breath’
Fees for the top five Wall Street investment banks slumped 41% during the first quarter, as a pause in M&A…
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Citigroup takes on six senior dealmakers in healthcare hiring spree
Citigroup has hired six managing directors to cover the healthcare sector, a key focus of the bank as it looks to add…
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Morgan Stanley enlists bankers to mentor recruits from underprivileged backgrounds
Morgan Stanley has enlisted 300 of its mid-ranking bankers for a new programme that aims to increase the number of…
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Russia-Ukraine tensions are a test of crypto’s mainstream adoption
The geopolitical tremors caused by Russia invading Ukraine are a test of whether cryptoassets have become as normalised as other…
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Goldman Sachs boss David Solomon has pay doubled to $35m
After posting a record annual profit, US investment bank Goldman Sachs doubled David Solomon’s pay in 2021. Solomon, chief executive…
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Boutique FT Partners sets new bar with $140,000 starting salary for junior bankers
A boutique investment bank run by a former Goldman Sachs banker has just upped the ante on junior pay as…
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Goldman Sachs extends junior pay rises to trading, asset management and wealth management
Goldman Sachs has bumped junior salaries for some employees in its sales, trading, research and asset management units, as pay…
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Goldman Sachs promotes partner Hermann to board of European bank
Goldman Sachs has promoted a long-serving partner to the board of its European bank as the unit becomes more important…
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