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.
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.
Reuters reports that Fidelity Investments, the world's largest mutual fund firm, has said that its total client assets have risen 2% to $1.92 trillion as at the end of June, compared to the same period last year.
Bloomberg reports that Commerzbank has confirmed that it is to eliminate some 2,200 staff from its Frankfurt HQ headcount following the acquisition of Dresdner Bank and investment banking arm Dresdner Kleinwort. Staff numbers will come down to around 9,200.
HereIsTheCity's effort to save Macquarie client investment manager David Kiely from getting the sack has gone global. Kiely became the latest internet sensation after being caught live on TV oggling semi-nude pics of Australian supermodel Miranda Kerr, and is currently at home, waiting for his bank to decide what to do with him.
It's doubtless already being written, the feel good story of 2010 - 'Save Dave' - The Movie.
The wags are at it already.
Bloomberg reports that, according to an unnamed person familiar with the strategy, Morgan Stanley may hire as many as 500 private bankers next year who will sell 'jumbo mortgages and structured loans' to Morgan Stanley Smith Barney clients.
Macquarie has announced the appointment of Ben Brazil as Co-Head of the Corporate and Asset Finance (CAF) Group, Macquarie’s lending and leasing businesses.
Well, we helped save Macquarie's Dave earlier this year, but can we help get sorry Solomon his job back too ?