Recent Posts

Goldman tracks ahead of $5bn growth goal

Bloomberg Goldman Sachs Group Inc. has achieved half of its revenue-growth goal, but it isn’t stopping there. On his first day as chief financial officer, Stephen Scherr told investors the firm is ahead of schedule on its objective of $5 billion in new revenue by 2020. Goldman Sachs has already increased revenue firmwide by $2.5 billion through a series of ...

Read More »

BNP Paribas unit co-head steps down after slump

Bloomberg The co-head of a key markets business at BNP Paribas is st-epping down after the French bank reported some of the worst fixed-income trading results for third quarter. Adrian Boehler, who was co-head of the foreign exchange, local markets and commodities unit, will seek “another career opportunity” within Paris-based BNP Paribas while his counterpart Francisco Oliveira will become sole ...

Read More »

Australia’s Macquarie lures prop traders in London

Bloomberg Macquarie Group Ltd., the Australian investment bank, is building up a European front in a risky business where few rivals have been able to tread since the financial crisis. The bank has hired Massimiliano Pignatelli and Pablo de Mattos in London to make market bets with shareholders’ money, known as proprietary trading, according to people familiar with the matter. ...

Read More »
Send this to a friend