Category Archives: Investment banking
Putting the fun back into investment banking
Something needs to happen to snap the industry out of its gradual circle of decline ‘Most of the time, I don’t have much fun. And the rest of the time, I don’t have any fun at all’. Woody Allen might … Continue reading
JP Morgan lives down to low expectations
The big beast of Wall St did not have quite as happy a start to the year as it first looks. JP Morgan has made a habit over the past few years of setting a high bar for its rivals … Continue reading
Stephen Hester: the banker who works (almost) for free
If you think the chief executive of RBS gets paid too much, think again. He gets paid nothing like as much as the outraged headlines suggests… It is difficult to think of a better way of reigniting the moral outrage … Continue reading
The City of London is dead. Long live the City…
If the City of London is doomed, then why are investment banks increasing the number of their most senior staff and management positions in the UK? My latest column for Financial News… It’s a wonder that there is anyone left … Continue reading
A rough guide to Wall St this year
After an even more confusing round of quarterly results from investment banks than usual, here is a rough guide to who’s up and who’s down so far this year on Wall St In an excellent recent article on how investment … Continue reading
Is Wall St bouncing back – or bouncing downhill?
After what looked like a strong set of third quarter results by the big five US investment banks, has Wall Street recovered from the financial crisis – or merely brushed it under the carpet? It would be easy to think … Continue reading
A crisis in European investment banking?
A decent recovery in activity in the third quarter cannot disguise what is turning out to be a miserable year in investment banking – with Europe bringing up the rear. Any bankers who had hoped that the recent flurry of … Continue reading
History is not on Nomura’s side in Asia
For all the focus on Nomura’s cutbacks in Europe, the Asian market on its doorstep poses bigger problems for ‘Asia’s global investment bank’ At first glance, the recent outbreak of anti-Japanese demonstrations in China has little to do with investment … Continue reading
Investment banks: cheer up, it might never happen
The third quarter could ride to the rescue of investment banks this year – but don’t get too excited The relentless headlines about job cuts and scandals at investment banks, depressed markets and economic uncertainty over the past few months … Continue reading