BTIG LLC, a global financial services firm specializing in institutional trading, investment banking and related brokerage services, has announced that it has hired William Buchanan and Graham Powis as part of the expansion of its Investment Banking and Capital Markets groups.
Royal Bank of Scotland is winding down a distressed-debt unit as it scales back its investment bank to revive profitability, according to three people familiar with the matter.
Worldwide M&A activity totals $2.0tril, up 75% compared to YTD 2013
Morgan Stanley, owner of the world’s largest brokerage, reported earnings that beat analysts’ estimates as profit from that business rose to a record and fees from investment banking reached a three-year high.
Put the flags out!
JPMorgan Chief Executive Officer Jamie Dimon plans to be involved running the bank at a less intense pace as he fights throat cancer and said that the company is prepared for 'all scenarios'.
VTB Capital International Chief Executive Officer Atanas Bostandjiev, who heads overseas operations at the investment bank, will be leaving the company after three years.
Barclays named Patrick Kwan and Reid Marsh co-heads of investment banking for the Asia-Pacific region to lead the division following departures and job cuts.
Bank of America Merrill Lynch has received two top honours from Euromoney magazine, being named Best Global Investment Bank and Best Global Transaction Services House in the Euromoney 2014 Awards for Excellence.
Bank of America has appointed Mayank Saxena as head of its Southeast Asia financial institutions group (FIG), the latest in a spurt of investment bank hires in the financials sector amid a surge of dealmaking in Asia by banks and insurers.