Zeno Toulon

It's well known that no one in banking is happy with their pay , no matter how many zeroes you add to the end of their paycheck. But people at some banks were happier than others.

APAC's bankers, on paper, had a pretty flat year for bonuses, our 2024 salary and bonus report showed, but those numbers hide a story of two very different cities.

What's the difference between two investment banks? If you ask sane people, they'll talk about work-life balance . If you ask an investment banker, they'll talk about their paycheck.

The ever-growing dynamism of Dymon Capital Asia.

JPMorgan’s Q1 results are out, and while the Corporate and Investment Bank (CIB)’s revenue figures went on a bit of a rollercoaster, one thing was more interesting than any revenue figure: the bank, for the first time in over 5 years, reduced its headcount over the first quarter of the year.

Bank of America’s fixed income traders were the darlings of 2023 (if you excuse a tough Q4 ), but the bank’s Q1 results suggest that they might not necessarily repeat that feat in 2024.

Demotions might not be common in the competitive and high-stakes world that is sales & trading , but there are some people that have not only been through the ordeal but survived it (as opposed to just retiring).

Japanese banks are preparing to announce bonuses soon and while nothing has been announced yet, one barometer is certainly showing signs of optimism – Japanese banks are hiring.

Boutique bank Evercore might have let some of its colossal compensation reputation tank in recent years , but that doesn't mean it's battening down the hatches.

What's an investment bank? If you ask the man or woman on the street, the vast majority of them will draw blanks – or be completely wrong.