Category: bankers
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City bankers press Reeves to ease non-dom clampdown as wealthy workers exit UK
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London bankers urged Advisers Rachel Reeves to alleviate the uninterrupted tax situation, claiming that policy pushes high -density foreign workers to move. At a breakfast meeting in Issue 11, representatives of major financial services companies, including Blackrock, Schrooders, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley, have concerned concerns about…
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Lloyds bankers risk bonus cuts over two-day office rule
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Senior bankers at Lloyds Banking Group risk having their bonuses cut if they fail to meet new in-office requirements, which require being on site at least two days a week. The move, revealed ahead of FY2024 bonuses next month, comes as major employers are backing away from remote working arrangements…
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Detained China banker’s wealth drops $750M amid Beijing crackdown
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In the boom years when China produced billionaires Every two daysBanking money maker Bao Fan almost achieved this feat himself. His skill in advising tech giants like Alibaba Group Holding Ltd. has made him one of the country’s most sought-after financiers, helping him amass a fortune worth more than $800…
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Analysis-With no big deal safe, investment bankers move to safeguard fees By Reuters
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By Anirban Sen NEW YORK (Reuters) – Investment bankers are changing the way they charge for their fees in an effort to preserve and boost the fee income they generate from advising companies on mergers and acquisitions, as more high-profile deals face regulatory challenges. Many of these fees aren’t paid…
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Analysis-With no big deal safe, investment bankers move to safeguard fees By Reuters
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By Anirban Sen NEW YORK (Reuters) – Investment bankers are changing the way they charge for their fees in an effort to preserve and boost the fee income they generate from advising companies on mergers and acquisitions, as more high-profile deals face regulatory challenges. Many of these fees aren’t paid…