Greenhill & Co has announced that Ken Anderson will join the firm as a Senior Advisor based in London.
JPMorgan on Monday pegged its possible legal costs in excess of litigation reserves at $4.6bn at the end of June, up from $4.5bn at the end of March.
Deutsche Bank have announced the appointments of Cliff Adams and Tim Saxman as Managing Directors in the Global Natural Resources Group (NRG) within Investment Banking Coverage and Advisory (IBC&A), part of the Bank’s Corporate Finance division.
'We all make mistakes'.
Evercore has announced that it is expanding its investment banking capabilities in London through the formation of a new European dedicated debt advisory business.
The largest global investment banks face further cost reductions, like the job cuts JPMorgan began this month, after a drop in first-half expenses failed to match a decline in revenue.
Barclays is at least halfway through the repositioning of its investment bank and nearly all of the changes to its front office operations will be done this year, its chief executive Antony Jenkins said on Wednesday.
Barrick Gold has appointed former Goldman Sachs Vice Chairman J. Michael Evans as a director, joining his former colleague John Thornton on the board of the world’s largest miner of the precious metal.
Job losses in corporate and investment banking.
Barclays investment banking profits almost halved in the first half compared to the same period last year, as trading revenues slumped.