UBS is cutting 10,000 jobs in its investment bank and is essentially exiting the fixed income business as part of a brutal restructuring to slash costs and refocus on core businesses that include ...

When Moelis & Co recently announced the hire of former Merrill Lynch head of EMEA investment banking Mark Aedy, it was a sign of the seriousness with which the upstart US investment bank was ...

Alexander Tracy is joining the larger rival as a senior managing director in its restructuring group.

Investment banks are known to morph themselves according to changing times. When technology was hot, investment bankers hired tech analysts and deemed themselves tech bankers. After that came biotech ...

HSBC Holdings PLC (HSBC Quick Quote HSBC - Free Report) remains well-positioned for growth on the back of restructuring initiatives, relatively higher interest rates and expansion efforts in Asia.

HSBC Holdings PLC HSBC has agreed to sell its retail banking operations in Bahrain to the Bank of Bahrain and Kuwait (BBK) in light of the ongoing global restructuring plan. The deal excludes its ...

The Toronto-Dominion Bank TD is set to close eight branches across New Jersey on Jan 29. 2026, including three in North Jersey, following the closure of six branches earlier this year. This was ...