Banks Tout Green Credentials Yet Cling to Fossil-Fuel Clients

Bloomberg, 03 Oct 2019 (Saijel Kishan)

The top 12 global firms earned about $2.9 billion in fees, or about 7% of their investment banking revenue, last year from their relationships with oil, gas, coal and….
https://bloom.bg/2M3MHOe

UBS cuts senior equities staff in wake of investment bank reshuffle

Financial News, 03 Oct 2019 (Samuel Agini and Fareed Sahloul)

Equities sales and trading revenues generated by 12 of the world’s largest investment banks including UBS totalled $22.1bn between January and June, according to….
https://bit.ly/2MgJFF8

Robots to Cut 200,000 U.S. Bank Jobs in Next Decade, Study Says

Bloomberg, 02 Oct 2019 (Alfred Liu)

Front-office headcount for investment banking and trading fell for a fifth year in 2018, according to Coalition Development Ltd. data….
https://bloom.bg/2nMedGN

Meet the man with the best (and safest) job at Deutsche Bank in Asia

EFinancial Careers, 02 Oct 2019 (Simon Mortlock)

Deutsche may now have the largest distressed debt business of any bank, reports IFR, while Coalition data regularly places the German firm in the top-tier in terms of….
https://bit.ly/35n8XKG

Peloton, Endeavor Duds Give IPO Bankers Another Black Eye

Bloomberg, 27 Sep 2019 (Michelle Davis)

Fees from equity underwriting at 12 of the biggest global investment banks dropped 12% in the first half of 2019, driven by the IPO business, according to data from….
https://bloom.bg/2m9xgKn
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