Steve Slater is associate editor of International Financing Review based in London and is responsible for the People & Markets section. Steve has worked for Thomson Reuters since 2001. He joined IFR at the start of 2016 after a decade covering European banks for Reuters, including the financial crisis bail-outs and nationalisations, takeovers, senior management changes and industry scandals. He has worked as a financial journalist in London and New York, covering commodities, equities and banking and capital markets.
JP Morgan last week shuffled the jobs of two of its most senior women executives, putting chief financial officer Marianne Lake in line to potentially succeed Jamie Dimon as boss when he chooses to step down.
Goldman Sachs plans to ramp up new technology, widen its team of bankers for smaller US companies and make further cuts in commodities and fixed income assets as part of an overhaul aiming to cut costs and lift returns.
Credit Suisse is taking a majority stake in its Chinese securities joint venture to become the latest international bank to take advantage of a relaxation in ownership rules in the world’s second biggest economy.