GS is considering another round of job cuts amid a muted dealmaking environment that has dented revenues across Wall Street. The bank is working on what…
BofA plans to ask about 40 bankers in Asia to look for jobs in other divisions as it looks to manage the industry-wide decline in dealmaking while…
CS’ acquisition by UBS could come into force as early as next Monday when CS shares will be delisted. FI News has more.
Some US banks are preparing to sell off property loans at a discount even when borrowers are up to date on repayments, an indication of their determination…
Wall Street has been caught by surprise by a rally in local EM debt, an asset class that’s been largely abandoned by foreign investors after a decade…
Investors are piling cash into the largest junk bond ETF at the quickest pace in nearly three years amid a broad rebound in risk assets. More than $2bn…
APG said its pension fund clients were shying away from China in a growing pullback by investors alarmed at rising geopolitical risks. APG is an established…