Can JPMorgan make Nutmeg a success two years after its landmark deal?
In 2021, JPMorgan executives were considering taking a stake in digital wealth manager Nutmeg. But there was a problem —...
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Citigroup set to cut UK jobs after CEO Jane Fraser’s sweeping changes
Citigroup is set to roll out job cuts in its UK operations next week as the Wall Street bank simplifies...
European Banks Should be More Globally Competitive, Deutsche Bank CEO Says
Published: Sept. 20, 2023 at 4:20 a.m. ET By Pierre Bertrand European banks are lagging behind their international competitors, lacking...
American Airlines, Moderna, Ford, Citigroup, Apple, and More Stock Market Movers
American Airlines (ticker: AAL) slid 5.7% after cutting guidance, prompted by higher labor costs following its pay agreement with pilots...
Bank of America hires trio for European equities business
Bank of America made three new senior hires as part of plans to further bolster its equities division in Europe....
Zodia Markets CEO Ahmad backs stablecoins for growth after crypto crash
The chief executive of Standard Chartered’s crypto offshoot Zodia Markets Usman Ahmad is looking to cash in on surging global demand...
BNP Paribas eyes Wall Street dealmaking push after European gains
BNP Paribas is pushing to grow its dealmaking business in the US, part of a broader plan by the French...
Citigroup hires Goldman’s Carles Jou to bolster European leveraged finance
Citigroup has hired a senior Goldman Sachs banker for its leveraged finance team as the Wall Street bank looks to...
Italy’s far-right leader is shocking markets
Europe's main banking index dropped some 2.7% on Aug. 8 after Italy announced it would impose a 40% windfall tax...
Post-Brexit power shift sees dealmakers disperse across Europe: ‘The balance has changed’
The feared mass exodus of City bankers may never have materialised after Brexit, but senior dealmakers say there has still...
