Posts Tagged “europe”

Europe’s banks face tough year in 2015, ratings agencies say (but they have usually been wrong)

by Wall Street Job Report on December 9, 2014

European banksface a tough year in 2015 as fresh and as-yet unfinished regulatory hurdles compound problems created by a stalling economic recovery, credit rating agencies Moody’s and Standard & Poor’s said on Monday. More than seven years after the start of (…)

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Credit Suisse Earnings: The Five Big Takeaways

by Wall Street Job Report on October 24, 2014

The European bank earnings season has opened for the third quarter, withCredit Suisse setting a tone that echoes Wall Street: Fixed income trading gave revenues a serious boost thanks to volatility at the end of the third quarter, but those same (…)

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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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