Nomura

Bank of America hires bankers away from RBS and Citi to boost its popularity

October 5, 2010 - 1:09am | Banks and internet banks | News

Bank of America Merrill Lynch has started aggressive market penetration in Europe. Such decision can be made after announcement of BofA about hiring ten bankers to its European corporate banking business. A key moment in this announcement was that a large number of bankers were recruited from its rivals Royal Bank of Scotland and Citigroup.

1 point

RBS was deserted by 700 top investment bankers for salary reasons

July 20, 2009 - 5:48am | Banks and internet banks | News

According to the Sunday Times newspaper Sunday report, the Royal Bank of Scotland lost over than 700 top investment bankers to other banks that paid higher salaries and guaranteed bonuses.

As the Sunday Times reported, rivals, with teams in commodities and fixed income jumping ship, affected bank’s profitable global banking and markets units.

-1 points

Nomura loss surpassed all the expectations reaching 709.4 billion yen volume

April 24, 2009 - 5:19am | Articles | Markets

Japan's largest brokerage, Nomura, reported 709.4 billion yen ($7.3 billion) losses for the fiscal year ended in March 2009, setting the country’s historic fiscal-year loss, while year-ago period revealed 67.8 billion yen loss volume.

This fiscal year loss surpassed all the expectations. According to data provided by FactSet Research, the market expected 611.6 billion yen net loss for the fiscal year ended 2009, on average.

0 points

Did not find what you want? Try to search all ecommerce sites!

Custom Search