Time to call it a day ?
Macquarie Group is a global provider of banking, financial, advisory, investment and funds management services.
BNP Paribas was among three French banks cut by Standard & Poor’s on concern that their home market may be hurt by prolonged economic weakness in Europe and a housing slump.
Macquarie Group’s head of investment banking in Asia, Kalpana Desai, is leaving after three years with the company amid a widening exodus of dealmakers from the industry.
There's hope yet.
Those bankers and their cell phones.
Here's one firm that's said to be limiting its voluntary severance plan - after receiving too many requests from employees.
Here's some hiring, people and other news.
Here's a few links to some interesting Bloomberg, Fox Business, Reuters and Telegraph stories currently doing the rounds.
This does look quite positive.
Canadian Imperial Bank of Commerce is boosting the target size for wealth-management takeovers to more than $951m as it seeks to increase profit from the business.
Here's the latest on the 'Movers & Shakers' front.
Bank of America Merrill Lynch has poached Nomura's Australian head of mergers and acquisitions Grant Chamberlain, a person familiar with the matter said Thursday.
Macquarie Group ('Macquarie') has announced that Ken Savio will join as a Senior Managing Director and Head of Macquarie Securities in the United States, effective May 16, 2011.
Talk about kicking a man when he's down. 42 year-old Ian Chalmers, variously described as a former head of sales and / or trading over at Macquarie Bank in Australia, has been banged up for months awaiting sentencing after being found guilty last year of conspiring to import cocaine with the help of baggage handlers at Sydney Airport in 2005, has now pleaded guilty to an unrelated charge of supplying ecstasy. The offense is said to have come to light when investigators were intercepting Chalmers' phone calls.
This round of our poll has put Allan Moss, the CEO over at Macquarie Bank, up against Cliff Siegel, CEO of Jefferies International.
Times have been a bit tougher over at Macquarie over the last couple of years. The firm that did so well it became known as the 'Millionaires Factory' has lost a bit of its lustre - and a few of its staff, who have shipped out to rivals.
Here's are a few links to some interesting Bloomberg, New York Post, New York Times and Reuters articles that are doing the rounds today
Citigroup has bolstered its corporate and investment banking team Down Under, announcing a newly-created chief operating offer role.
The Wall Street Journal reports that Bank of America is said to have offered to repay the US government part of its bailout support, perhaps as much as $20bn of the $45bn it has taken over the last year or so. Repayment of $20bn would mean that the bank would no longer by regarded as an 'exceptional' aid recipient, and it would therefore not have any of its compensation overseen by the US 'pay czar'.