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Thursday, 17 August 2017

Bank strategy and results

Bond liquidity fears overdone

IFR 2196 12 August to 18 August 2017

US regulators have played down the impact of stricter regulation in financial markets, suggesting fears are overblown that it has led to a lack of liquidity in credit trading.

Underwriting bankers set for 10%-20% bonus spike

IFR 2196 12 August to 18 August 2017

Bonuses for bankers in debt and equity underwriting could be up 10% to 20% heading into 2018, according to consultancy Johnson Associates.

Is scandal distracting Wells Fargo?

IFR 2196 12 August to 18 August 2017

Wells Fargo is distracted. That’s the take of investment banking rivals hoping to take advantage and grab market share this year as the bank focuses on other problems away from its wholesale banking business.

Goldman plans personality test for hiring

IFR 2196 12 August to 18 August 2017

Goldman Sachs plans to begin using a personality test as part of the hiring process for positions in its banking, trading and finance and risk divisions, a senior Goldman executive said.