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  • Feb 1- RCS Capital Corp, a brokerage firm tied to real-estate investor Nicholas Schorsch, filed for Chapter 11 bankruptcy protection to reduce debt and as per the plan its key lenders will assume control of the company. The company listed total assets of $1.98 billion and debts of $1.39 billion, on a consolidated basis, in its bankruptcy filing.

  • ZURICH, Jan 29- Credit Suisse looks set to post its first full-year loss since 2008 next week, with a write-down at its investment bank adding to pressure on Chief Executive Tidjane Thiam to show his turn-around plan is achievable. UBS led the way in 2012 with a similar strategy overhaul to Credit Suisse and is now the world's biggest private bank and market leader...

  • SAO PAULO, Jan 28- Grupo BTG Pactual SA cut about 18 percent of Brazil- based staff on Thursday as the embattled investment-banking firm moved to reduce costs by 25 percent in the wake of the arrest of billionaire founder André Esteves. The bank had 1,653 staff in Brazil. On Wednesday, Reuters reported that up to 25 percent of Brazil employees could be fired to bring...

  • *Posts record 2015 net loss of 6.8 bln eur. FRANKFURT, Jan 28- Deutsche Bank Chief Executive John Cryan urged investors to bear with him as he expects the overhaul of Germany's biggest lender to peak this year, following a record loss in 2015.. Restructuring and severance charges will reach about 1 billion euros in 2016 and litigation costs are to stay high, albeit...

  • Tech veteran Frank Quattrone steps down as Qatalyst CEO Wednesday, 27 Jan 2016 | 9:23 PM ET
    Frank Quattrone

    Qatalyst announced that George Boutros would take over as chief executive, overseeing overall management, the NYT reported.

  • If successful, the deal would help the Swiss bank win market share in a highly-competitive wealth management market in Asia, led by global players such as UBS and Citigroup. Credit Suisse is evaluating the synergies it could extract from Barclays' portfolio of high net-worth individuals in Asia, one of the sources said, cautioning a deal was not certain.

  • Jan 21- JPMorgan Chase& Co has joined other Wall Street banks in telling its investment bankers to improve their work-life balance by taking weekends off. But the issue of work-life balance has intensified in recent years following the death in 2013 of a Bank of America Merrill Lynch intern who allegedly had worked 72 hours without sleep. JPMorgan's...

  • Goldman's COO: US slowdown began 4 months ago Thursday, 21 Jan 2016 | 8:18 AM ET
    Goldman's COO: US slowdown began 4 months ago

    Gary Cohn, Goldman Sachs president and COO, address the confusion surrounding the dramatic dip in oil and market volatility. Also Cohn discusses the slowdown in China as the country shifts to a consumer-based economy and US economic slowdown.

  • Gary Cohn: What the 10-year signals Thursday, 21 Jan 2016 | 8:17 AM ET
    Gary Cohn:  What the 10-year signals

    Gary Cohn, Goldman Sachs president and COO, discusses what the 10-year Treasury is signaling as it slips below two percent, and liquidity in the markets.

  • *Bank to close Asia cash equities business- memo. HONG KONG, Jan 21- Barclays will cut about 1,000 jobs in investment banking worldwide and close its cash equities business in Asia as new Chief Executive Jes Staley wields the axe in a bid to reduce costs and boost returns. Barclays will shut its investment banking businesses in countries including Australia,...

  • But he is far from alone among Republican candidates in having a financial relationship with the Wall Street investment bank in recent years. Last week, the New York Times reported that Cruz, whose wife Heidi Cruz is on leave from her job as a managing director at Goldman's wealth management arm, had borrowed as much as $500,000 from Goldman to help him in his...

  • *Bank to close Asia cash equities business- memo. HONG KONG, Jan 21- Barclays will slash around 1,000 jobs in its investment banking business worldwide and completely exit from cash equities in Asia as new Chief Executive Jes Staley wields the axe in a bid to reduce costs and boost returns. Barclays will shutter its investment banking businesses in countries...

  • *Bank to close Asia cash equities business- memo. HONG KONG, Jan 21- Barclays has embarked on a fresh round of job cuts to its investment banking business worldwide on Thursday which would result in a complete exit from cash equities in Asia, an internal memo showed, as new Chief Executive Jes Staley wields the axe in a bid to slash costs and boost returns.

  • Asia bears brunt of Barclays' global cull Thursday, 21 Jan 2016 | 12:40 AM ET
    Barclays

    Barclays will cut about 230 jobs and exit cash equities in Asia, as part of a broader retrenchment, the FT reports.

  • HONG KONG, Jan 21- Barclays is closing investment banking units in Australia and Russia, as well as Asian countries such as Indonesia and Thailand, as part of a review of global operations, it said in an internal memo to staff on Thursday. The London- based lender is also cutting its onshore markets coverage in Brazil and cash equities sales and execution businesses...

  • What advisors are telling their clients Wednesday, 20 Jan 2016 | 2:50 PM ET
    What advisors are telling their clients

    CNBC contributors discuss who's selling and why, and what investors should be doing in this time of fear.

  • SAO PAULO, Jan 19- Brazilian investment bank Grupo BTG Pactual SA's ability to generate deal flow remains unscathed despite fallout from the November arrest of founder André Esteves, with management expecting recurring revenue to rise this year and clients to pour money into its funds. The outlook for revenue from sales and trading, investment banking and...

  • MADRID/ LONDON Jan 19- Barclays is selling its credit card operations in Spain and Portugal, and Spanish bank Santander and U.S. private equity firm Apollo are among the interested parties, according to four sources familiar with the matter. It has already sold its retail and corporate banking divisions in Spain and Portugal as part of a drive to shrink its...

  • EXCLUSIVE-YETI COOLERS LLC HIRES INVESTMENT BANKS FOR INITIAL PUBLIC OFFERING- SOURCES.

  • LONDON, Jan 18- JPMorgan has bolstered the senior management team at its European investment bank as it seeks to increase its advisory business amid a buoyant M&A market, according to a memo seen by Reuters on Monday. Isabelle Seillier will become vice chairman of EMEA investment banking, nurturing clients from her previous roles as head of financial...