17% of equities and 6% of fixed income staff will be cut from the bank globally.
John Cryan said despite the loss, 2016 was “not a bad one for Deutsche Bank.”
Market making revenues outside of US equities has declined 60% since the first quarter of 2016.
Jamie Dimon tells Bloomberg at World Economic Forum there will be more job movement than he’d hoped for.
CFO Harvey Schwartz discusses growth in fixed income trading in fourth quarter of 2016.
Delta Capita has been appointed to manage the structured products business at Credit Suisse.
Goldman Sachs, JP Morgan, Morgan Stanley and Citi reported strong growth across trading revenues in fourth quarter in 2016.