04/06/2016
Credit Suisse, led by Chief Executive Officer Tidjane Thiam, posted its biggest quarterly loss in seven years in February and later said it’s accelerating plans to cut 4,000 jobs.
04/03/2016
Corporate banking, which loans money to large companies and sells the wider investment bank’s products and services, has had a tough start to 2016 as client activity was stifled by bad markets, poor Chinese growth, low interest rates and low oil pri
03/16/2016
In January, Barclays said it would cut 1,000 investment bank staff on top of some 7,000 job losses already announced.
03/16/2016
The bank made it a priority to work with sponsors, and it paid off, says managing director Paul Schneir
03/16/2016
The calendar may say Wall Street’s busy season is well under way, but for bank traders, it still feels like a chilly December.