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As a series of US banks were besieged by customers yanking out their money this month, banking behemoths including JPM, Citi and BofA warned employees:…

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Wall Street banks and EU rivals are undoing de facto hiring freezes after CS’ emergency rescue by UBS, unable to resist the lure of top talent available…

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Global stock markets stabilized recently, helped by a rebound in bank shares as investors attempted to move beyond the turmoil that has rocked the sector…

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There’s an growing sense that Switzerland probably didn’t have a rock-solid legal foundation to wipe out CS’ $16bn of AT1s – at least on a…

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The failure of SVB and the subsequent chaos at CS have put Japan’s ailing regional banking sector and its financial institutions under the tightest market…

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ExodusPoint Capital has appointed Evangelos Makris as an Analyst from JPM, where he was a Senior Associate for three years. Makris joined JPM as an Associate…

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GS, JPM and Fidelity are the biggest winners from investors pouring cash into US money market funds over the past two weeks, as the collapse of two regional…

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Schroders CEO Peter Harrison took an almost £4m hit to his pay last year, as turbulent markets helped put a 44% dent in his remuneration. Schroders’…

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BofA named Jill Schwartz Co-Head of Global Financial Sponsors, replacing Kevin Sherlock. Schwartz will also keep her role as Executive Vice Chair of Global…

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Citi’s Head of IB in the UK is leaving, prompting the latest in a series of changes to its LON-based leadership. Andrew Truscott is stepping down to…

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CS’ ex-Head of Swiss Private Banking is moving to Lombard Odier. Will Serge Fehr unleash a Collardi effect there? He is joining the extended circle of…

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BofA is scaling down its WM, banking and lending group as higher interest rates continue to crimp business on Wall Street, forcing banks to make broader…

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