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Financial TimesJPMorgan has named Dorothee Blessing, Kevin Foley and Jared Kaye as co-heads of its global investment banking business. The appointments are part of a wider reorganization at the bank. The changes come as the company adjusts its leadership structure in response to evolving market…
BloombergCitigroup has recruited Vlad Ivanov from JPMorgan to co-head its infrastructure investment banking business. The role covers the UK, Europe, Middle East and Africa. The move comes as major banks continue to adjust senior teams in key growth areas.
thedailyblog.co.nzAnthropic released agents for reviewing balance sheets and drafting pitch decks this week. OpenAI hired more than 100 former investment bankers last year to train its financial products. Semafor reported that frontier AI labs face challenges entering a space already served by the…
dnaindia.comCitigroup has appointed Raj Rathi, a senior investment banker, to lead its mergers and acquisitions operations in India. This move marks the latest addition of a senior banker to the U.S. lender's team in Asia. The hiring reflects ongoing efforts to strengthen Citigroup's presenc…
Citigroup recruited Viswas Raghavan as head of banking in February 2024, offering him a $52 million compensation package days after JPMorgan Chase informed him of no long-term future at the firm. Raghavan faced years of complaints at JPMorgan alleging abusive behavior, including…
247wallst.comInvestment bank Jefferies has downgraded French aerospace and defense company Safran to a Hold rating. The firm reduced its price target for Safran shares to €310 from the previous €350. This adjustment reflects Jefferies' updated assessment of Safran's stock performance potentia…
investopedia.comBanks are ramping up recruitment of investment bankers and providing substantial pay increases. This follows a surge in the share sales market drawing new competitors. The moves aim to secure experienced dealmakers in a competitive landscape.
Substrate placeholder — needs reviewSeveral large U.S. banks reported first-quarter earnings that met or exceeded expectations, driven by robust investment banking revenue despite geopolitical tensions from the Iran war. Executives highlighted strong dealmaking pipelines, though some noted temporary slowdowns in in…