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Prime Brokerage
London Banking Bonuses Yield Widespread Discontent, Study Shows
2017-05-05T15:03:57.000+02:00
Only 23 percent of respondents were satisfied with their current bonuses.
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Prime Brokerage
Credit Suisse’s Chairman Urs Rohner Under Siege by Investor Base
2017-04-25T09:43:28.000+02:00
Rohner is facing calls to step down after investor backlash over pay and other concerns facing the lender.
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Credit Suisse’s CEO Thiam Reigns in Compensation after Latest Bonus Cuts
2017-04-18T15:00:26.000+02:00
Credit Suisse's Tidjane Thiam's compensation is being reduced to $10.2 million for 2017.
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Prime Brokerage
Credit Suisse Walks Back Bonus Program for Senior Leadership
2017-04-14T11:20:51.000+02:00
The group's CEO Tidjane Thiam has faced enormous backlash from investors for his bonus hike.
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Prime Brokerage
Commerzbank Stays the Course, Portends 7,800 Job Cuts in Restructuring Move
2017-04-06T17:35:27.000+02:00
7,600 more workers will be out of work as Commerzbank takes a 'lean and mean' approach in 2017.
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Prime Brokerage
Deutsche Bank's CEO John Cryan Again Shoots Down Merger Talk
2017-04-06T13:23:55.000+02:00
For the second time in a year, Cryan has had to deflect talks of a merger, citing 'other things to do'.
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Prime Brokerage
Credit Suisse Facing Tax Probe Across Five Countries
2017-04-03T14:46:54.000+02:00
A lingering tax probe into Credit Suisse's operations could weigh upon its recovery plan in 2017.
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Prime Brokerage
Analysis: Is Deutsche Bank’s Restructuring Plan Working?
2017-03-27T15:53:05.000+02:00
Deutsche Bank's CEO John Cryan's bold transformational strategy has begun to take shape - is it working?
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Prime Brokerage
Analysis: Are European Lenders Facing a Retention Crisis?
2017-03-27T11:54:05.000+02:00
Lenders have continued to face headwinds prompting divergent strategies to help restore profits and retain talent.
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Prime Brokerage
Credit Suisse Expands Bonus Program in Bid to Secure Talent
2017-03-24T13:57:00.000+02:00
Despite suffering a 2.4 billiob loss in 2016, Credit Suisse is increasing its bonus pool by 6 percent.
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Prime Brokerage
Credit Suisse Axes Equities Jobs in Hong Kong, Tokyo
2017-03-17T11:55:09.000+02:00
Credit Suisse has slimmed down a couple of its equities trading desks in Hong Kong and Tokyo.
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Prime Brokerage
Deutsche Bank Takes Further Aim at Bonuses as Cuts Continue
2017-03-14T11:33:47.000+02:00
Deutsche Bank's group bonus pool is being targeted for a sizable reduction.
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Prime Brokerage
Brexit Fallout Could Sap UK Finance Jobs Nationwide
2017-02-28T09:30:12.000+02:00
London isn't the only UK city poised to see widespread job cuts in the financial sector as the Brexit looms.
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Prime Brokerage
Deutsche Bank Guts Bonus Pool in Latest Cost-Cutting Strategy
2017-02-27T12:15:58.000+02:00
Deutsche Bank's bonus pool is slated to shrink by 80 percent, targeting nearly 100,000 of its global staff.
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Prime Brokerage
RBS Suffers $8.74b Loss in 2016, CEO McEwan Pledges Cost-Cutting Strategy
2017-02-24T12:15:35.000+02:00
The losses have mounted for RBS to close out the 2016 fiscal year, with the lender contemplating its strategy.
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Prime Brokerage
European Banking Exodus to Dublin Handicapped by Trader Shortage
2017-02-15T14:00:33.000+02:00
A once plausible move to Dublin is now facing trader shortages as banks assess the pool of potential talent.
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Prime Brokerage
Credit Suisse to Axe Another 5,500 Jobs After $2.4 Billion Loss in 2016
2017-02-14T12:19:52.000+02:00
Credit Suisse is taking further steps to reduce its head count in 2017 after a second yearly loss.
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Prime Brokerage
Deutsche Bank’s Equities, Fixed Income Personnel Primed for Dramatic Cuts
2017-02-03T15:44:04.000+02:00
The lender is planning to cut 17 percent of its equities staff and 6 percent of its fixed-income staff globally.
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Prime Brokerage
HSBC Continues Offshoring Jobs to Asia as UK Branches Suffer Closures, Cuts
2017-01-25T15:47:37.000+02:00
HSBC has off-shored nearly 200 IT jobs to Asia, as well as undergoing the closure of 62 branches in the UK.
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Technology
Thousands of Jobs Under Threat as Banks Embrace Artificial Intelligence
2017-01-25T09:42:59.000+02:00
New technologies mean that banks could make vast savings in compliance but at a risk to jobs.
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Prime Brokerage
Will Banks Bounce Back in 2017? Credit Suisse’s CEO is a Believer
2017-01-17T13:05:37.000+02:00
European lenders are facing challenges in 2017, though Credit Suisse's CEO sees markets and conditions improving.
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Prime Brokerage
Credit Suisse to Cut 900 More Jobs in Switzerland Heading into 2017
2016-12-22T17:38:31.000+02:00
The lender is calling for 900 more job cuts heading into 2017 from its Swiss division.
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Prime Brokerage
UniCredit to Cut Upwards of 14k Jobs, Undergoing Digitization Transition
2016-12-13T16:55:33.000+02:00
UniCredit will be cutting 14k jobs by 2019 in a bid to help generate profits.
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Prime Brokerage
Standard Chartered Contemplating Move to Dublin as Brexit Looms
2016-12-07T16:33:27.000+02:00
With Brexit talks in full swing, Standard Chartered has added Dublin to its list of potential moving spots.
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Prime Brokerage
Credit Suisse Announces Further Cost Cuts Amid Anticipated Job Losses
2016-12-07T10:46:32.000+02:00
Credit Suisse CEO says headcount reduction will not stop as up to 1,300 jobs face the axe.
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See more
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