Saturday, 21 October 2017

Gareth Gore' s stories

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  • Cryan

    In IFR this week: Cryan opts against big cuts to franchise

    Capital City | 30 October 2015

    Deutsche Bank will not follow its European peers in shutting down large parts of its investment bank, with bosses instead opting to dump half of all clients in a last-ditch gamble to turn the ailing division around and come out as Europe’s last-standing full-service investment bank.

  • John Cryan

    Fan, Faissola, Krause out at Deutsche

    People & Markets | 23 October 2015

    John Cryan has made clear his desire to fundamentally overhaul Deutsche Bank’s struggling investment bank, ousting the three board members most closely associated with the division and carving the immense fiefdom in two.

  • Deutsche Bank headquarters in Frankfurt

    P&M: Fan, Faissola and Krause out as Cryan dismantles investment bank

    Capital City | 19 October 2015

    Colin Fan, Michele Faissola and Stefan Krause – three of the most senior executives at Deutsche Bank over the past few years – are to leave as part of a fundamental overhaul of its structure orchestrated by the bank’s new co-chief executive.

  • James Staley

    Staley set for Barclays comeback

    People & Markets | 16 October 2015

    James “Jes” Staley looks set to return to the banking industry as chief executive of Barclays, almost three years after resigning from his position as chairman of JP Morgan’s corporate and investment bank to join hedge fund BlueMountain Capital.

  • Moody's headquarters in New York

    Moody's warns on legacy assets

    People & Markets | 09 October 2015

    An US$866bn overhang of legacy assets at Barclays, Credit Suisse,

  • Deutsche Bank

    Deutsche set for worst-ever loss

    Top News | 09 October 2015

    Deutsche Bank will post the biggest loss in its history when it releases third-quarter earnings later this month after booking €7.6bn of impairments linked to its 1999 purchase of Bankers Trust, the later Postbank acquisition and ongoing litigation costs linked to past misdemeanours.

  • Barclays

    King defends Barclays cuts as 'good choices'

    People & Markets | 25 September 2015

    Barclays has defended its decision to shed assets, pare back its product offering and cut a quarter of all jobs at its investment bank, with the chief executive of the division Tom King describing the overhaul made 16 months ago as “good choices”.

  • Canary Wharf financial district

    Tax bill set to soar for UK banks

    People & Markets | 11 September 2015

    UK government efforts to ease the pain of the post-crisis bank levy look set to backfire, with analysts predicting that the industry could be saddled with much higher tax levels over the next five years and beyond.

  • Philip Drury

    Drury picked to fill Lavelle's shoes at Citigroup

    People & Markets | 11 September 2015

    Citigroup has picked an equity capital markets banker for its top capital markets role in the Europe, Middle East and Africa region, with Philip Drury filling the void left by Michael Lavelle, who was promoted to UK and Ireland chief back in July.

  • Financial Industry Regulatory Authority sign

    US loosens quiet-period rules on research

    People & Markets | 04 September 2015

    The US Financial Industry Regulatory Authority plans to loosen restrictions that prohibit underwriting and deal-managing banks from publishing equity research on companies around the time of IPOs and secondary offerings.