Posts Tagged “europe”

Bank of England tells bankers to get used to lower pay

by Wall Street Job Report on October 21, 2014

Banks may have to cut pay to reflect lower industry returns since the financial crisis, a senior Bank of England executive has warned. Bank of England deputy governor Jon Cunliffe said banker pay had failed to adjust sufficiently since the (…)

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US bank executives ‘paid 27pc more’

by Wall Street Job Report on June 9, 2014

It has been one of the biggest causes of anguish in the City – the difference between American and European banks when it comes to pay. However, figures now prove what many in the Square Mile have long complained of (…)

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Deutsche Bank Stock Sale Comes With Warning About Probes

by Wall Street Job Report on June 6, 2014

Deutsche Bank AG, seeking to raise $11.6 billion of capital, braced investors for a deepening trading slump and potential damage to its business from international probes of currency rigging and hiring practices. A “challenging market environment” means the investment-bank division (…)

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Banks, exchanges set to jostle over EU securities reform

by Wall Street Job Report on May 23, 2014

European Union regulators have published 800 pages of draft rules for a sweeping reform of the bloc’s securities markets, sparking a race among banks and exchanges to try to change any proposals that might damage their profitability. The 28-country bloc (…)

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HSBC tower may sell for $1.85bn

by Wall Street Job Report on April 25, 2014

London’s biggest and most expensive office building, HSBC Holdings’ global headquarters, is up for sale and could fetch more than £1.1 bn ($1.85bn), according to a report in the Financial Times. The 44-storey, 1.1 million square foot building based in the city’s (…)

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