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A mix of global economic unease and geopolitical uncertainty means optimism is in short supply among bankers from the City of London to Frankfurt s Mainhattan financial district. Even. ....
Job cuts, lean bonuses loom over Europe's bankers in 2024 kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Top investment bankers across the industry have been leaving big banks such as Goldman Sachs and Credit Suisse to join smaller rivals. The heightened departures come as hedge funds have cut large portions of their trading commissions. While large banks struggle from economic struggles, global political tensions and low revenue, lower-ranked banks like Deutsche Bank and Santander are seeing a chance to poach top talent. ....
(Bloomberg) A few years ago, top investment bankers at Goldman Sachs Group Inc. wouldn’t even bother picking up phone calls from recruiters at smaller rivals. This year, managers at Jefferies Financial Group Inc., Evercore Inc. and PJT Partners Inc. say they’ve been inundated with CVs from the likes of Goldman, Barclays Plc and Credit Suisse.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally Bela ....