Category Archives: Management
The problem with investment banks – part 2: costs
The investment banking industry has a problem. In fact it has at least three of them: a revenue problem, a cost problem, and a profitability problem. In the second of a series of three articles to cheer you up after … Continue reading
The double-edged exit of Andrea Orcel
The departure of Orcel may not spell the disaster that many have predicted for Bank of America Merrill Lynch – and it may not mark a long-term transformation in the fortunes of UBS either. My latest column for Financial News: … Continue reading
All change at the top: the great investment banking reshuffle
It’s not just UBS and Bank of America Merrill Lynch: the entire investment banking industry has been hit by a bout of reshuffling. My latest column for Financial News on what’s happening, why, and what the potential risks are… The … Continue reading
Deutsche Bank’s ‘first among equals’ dilemma
My latest column for Financial News on the personalities and context behind the latest management reshuffle. The elevation of Anshu Jain to co-chief executive of Deutsche Bank was always going to leave the bank with a high quality problem – … Continue reading
The new team at Deutsche Bank
Here’s a complete list of the management changes at Deutsche Bank, including the new members of the Management Board and of the Group Executive Committee, following the restructuring by new co-chief executives Jürgen Fitschen and Anshu Jain that leaked out … Continue reading
The reverse takeover of Deutsche Bank by its investment bank
Anshu Jain has asserted his authority in the latest round of restructuring For more than a decade, Deutsche Bank has been run by a former investment banker (Josef Ackermann), and since 2005 it has styled itself as a ‘global investment … Continue reading