NEW YORK, Nov 20 - JPMorgan Chase & Co is cutting jobs in its investment bank in line with Goldman Sachs Group Inc's 10 percent cuts, a person familiar with the company said on Thursday....
* Plans to invest in Wall Street bank to boosts presence * US bank will expedite fund-raising by its mid-sized clients * Reflects demand for Chinese firms to expand overseas SHANGHAI, Aug 21 - Hong...
LONDON, Oct 14 - Eleven major foreign investment banks operating in London have agreed to implement G20 rules on remuneration, British Treasury Minister Paul Myners said on Wednesday. "Yes, we had a meeting this afternoon...
HONG KONG, Aug 28 - UBS <UBSN.VX> on Friday named Rajiv Louis as head of Indonesia investment banking, effective immediately, according to an internal memo seen by Reuters. Louis takes over from Jonathan Chang and...
HSBC Holdings PLC<0005><HBC>, the biggest foreign bank in mainland China, is in talks with potential partners to establish an investment banking joint venture in mainland China, said Vincent Cheng, HSBC executive director and chairman for Asia-Pacific, on Tuesday.Cheng said that the establishment of the JV...
HSBC Holding Plc, Europe鈥檚 largest bank, is in talks to set up an investment banking joint venture in China, a senior bank executive said, adding that acquisition prospects in Asia are too expensive and that the bank will focus on organic growth. The bank is in talks with potential partners to ...
HONG KONG, July 14 - Royal Bank of Scotland on Tuesday said it will merge its various Asia-Pacific investment banking teams into one group. The move comes as the struggling bank, majority owned by the...
HONG KONG, June 12 - Morgan Stanley's head of Asia Pacific investment banking, Matthew Ginsburg, has resigned, sources familiar with the matter said on Friday. Ginsburg, a veteran Asia banker, is expected to take the...
* Profits swelled by investment bank record, own debts gain * Q1 profits down on yr excluding $6.6 bln gains on own debt * U.S. consumer finance bad debts up to $3.9 bln, down vs...
* Profits swelled by record investment bank, bad debts gains * Q1 profits down on yr excluding $6.6 bln gains on own debt * U.S. consumer finance impairments $3.9 bln * Shares down 4 percent...