Tag: Investment Banking

  • Billionaires at the Gate: Ultra-Rich Muscle In on Private Equity

    America’s last Gilded Age had its “List of 400”: the people said to be worthy enough, or at least rich enough, to climb the pinnacles of high society. Today, in an age of affluence not even the Astors and Vanderbilts might have imagined, there is something closer to a List of 55. Its members are […]

  • Deutsche Bank to Cut at Least 250 Banker Jobs

    Deutsche Bank AG has started cutting at least 250 jobs globally at its corporate and investment bank as Germany’s largest lender seeks to keep a lid on expenses amid a sustained slide in the securities unit, according to people with direct knowledge of the matter. The cuts are still taking place and could widen to […]

  • Everyone From Goldman Sachs to HSBC Wants a Piece of Saudi Banking

    Saudi Arabia’s ambitious plan to transform its economy away from oil has global banks lining up for a piece of the action. It’s already the busiest year ever for merger and acquisitions and financing deals in the kingdom and that’s prompting the world’s top banks to invest in the country in preparation for a highly-anticipated bonanza of commissions. […]