BofA has named 87 new MDs within its CIB unit. The bank has unveiled its new MDs to staff, a coveted role that comes with a hefty pay rise and an increase…
A CS bonus scheme that gives more upfront cash to senior bankers in a bid to retain talent comes with a sting in the tail – anyone who quits within…
There’s a price to be paid for being early in investing even if you get the broader story right, as US stock market bears are learning the hard way….
The world of distressed sovereign debt seems to attract bad ideas like no other, mostly generated by G-20 bureaucrats and the IMF. The most recent is…
A fund manager at Amundi is scaling back a winning trade betting against Japanese government bonds even though he expects the central bank to eventually…
ESMA wants London-based hedge funds and asset managers to demonstrate that they have established a suitable physical presence in the European Union, reports…
ChatGPT hasn’t taken over the world yet. But the two-month-old chatbot from AI researchers OpenAI is threatening to do just that. Nearly every sector…