Banking Industry

Goldman Sachs Cuts 125 Managing Directors: Impact on Banking Industry

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Goldman Sachs Cuts 125 Managing Directors: Impact on Banking Industry Goldman Sachs Cuts 125 Managing Directors: Impact on Banking Industry Post inspired by this article. Goldman Sachs recently made a significant move in the banking industry by cutting around 125 managing directors. This has sparked much discussion and speculation about the potential impact on both …

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Banker Pay Stagnates Despite Peers’ Compensation Growth | Business Insider

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Banker Pay Stagnates Despite Peers’ Compensation Growth Banker Pay Stagnates Despite Peers’ Compensation Growth Recent reports indicate that banker pay has been stagnating, while their peers in other industries continue to experience compensation growth. This raises several intriguing questions about the state of the investment banking industry and its impact on its professionals. The Competitive …

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Goldman Tech Banking Co-Head Tammy Kiely Leaves for Evercore – Bloomberg

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Goldman Tech Banking Co-Head Tammy Kiely Leaves for Evercore – What Does It Mean for Goldman Sachs? Recently, it was reported by Bloomberg that Tammy Kiely, the Co-Head of Goldman Sachs’ Technology Banking division, would be departing the firm to join Evercore. This move has raised several questions about the impact on both Goldman Sachs …

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Junior Banker’s Dismay: $70m in 2 Years! Credit Suisse Faces Massive Cuts – eFinancialCareers

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Junior Banker’s Dismay: $70m in 2 Years! Credit Suisse Faces Massive Cuts Junior Banker’s Dismay: $70m in 2 Years! Credit Suisse Faces Massive Cuts Recently, a news story broke that highlighted a significant discrepancy in pay within the banking industry. According to reports, a 27-year-old junior banker at Credit Suisse received a staggering $70 million …

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JPMorgan Asia Cuts 20 Dealmaking Jobs in New Layoff Round – Bloomberg

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Intelligent Blog Post: JPMorgan Asia Cuts 20 Dealmaking Jobs in New Layoff Round – Bloomberg JPMorgan Asia Cuts 20 Dealmaking Jobs in New Layoff Round – Bloomberg In a recent development, JPMorgan has announced its decision to cut approximately 20 dealmaking jobs in Asia as part of a new round of layoffs. This move has …

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UBS CEO Suggests Massive Job Cuts Loom for Credit Suisse’s Investment Banking Division – Finance Magnates

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UBS CEO Suggests Massive Job Cuts Loom for Credit Suisse’s Investment Banking Division Recently, UBS CEO Ralph Hamers made a statement that has sent shockwaves through the banking industry. He suggested that massive job cuts may be imminent for Credit Suisse’s investment banking division. This news has left many wondering about the potential implications and …

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When will the banker bloodbath stop? Cutting fat, not muscle – Financial News

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The Banker Bloodbath: Cutting Fat, Not Muscle – Financial News The Banker Bloodbath: Cutting Fat, Not Muscle Recently, there has been a significant wave of layoffs across the investment banking industry, leaving many to wonder when this “banker bloodbath” will come to an end. Financial News reports that despite ongoing job cuts, banks are focused …

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Banks’ Sales and Trading Jobs: A Fading Era of Opportunities?

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Banks’ Sales and Trading Jobs: A Fading Era of Opportunities? Banks’ Sales and Trading Jobs: A Fading Era of Opportunities? Recently, a quote from eFinancialCareers caught my attention with the statement, “It felt to me that banks’ sales & trading jobs had had their day.” This thought-provoking remark brings up the question of whether sales …

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Barclays Shuffles Investment Bank Ranks, Hires for Industrials – Bloomberg

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Barclays Shuffles Investment Bank Ranks, Hires for Industrials Barclays recently made headlines with its decisions to shuffle investment bank ranks and hire new talent for its industrials division. The move sparked a lot of interest and speculation in the financial world, leading to discussions about the potential strategy behind these changes. One question that arises …

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Swiss Banking: Underestimating Wealth Management Risks and Solutions

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Swiss Banking: Underestimating Wealth Management Risks and Solutions Swiss Banking: Underestimating Wealth Management Risks and Solutions Investment banking is a complex industry that involves various financial activities, including wealth management. Recently, there has been growing concern about Swiss banking underestimating the risks associated with wealth management. A news article published on finews.com sheds light on …

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