Merrills bankers front up for comp day
![Bank of America Merrill Lynch bankers were due to find out about their annual bonuses on Wednesday.](/content/dam/images/g/l/z/a/j/v/image.related.afrIndexLead.320x210.gtyhgb.png/1485319082699.jpg)
There seems to be a pattern emerging among the big US-based investment banks.
There seems to be a pattern emerging among the big US-based investment banks.
Trump's upset victory has boosted the profits of investment banks as investors bet on a big shift in economic policy.
Goldman Sachs' quarterly profit rose nearly fourfold as the bank considered shifting 1,000 employees from London to Frankfurt in light of Brexit.
As "animal spirits" revive in US finance, Goldman will need to balance terabytes with newfound swagger.
The man who oversaw $35 billion of privatisations in five years - from ports to electricity networks and water assets - is gone.
Local employees at Goldman Sachs are learning of their bonus payments on Thursday.
Citi has elevated Ian Campbell to run its local debt capital markets business.
Deutsche Bank agreed to pay $US7.2b ($9.5b) to the US Justice Department for having 'contributed directly' to the global financial crisis.
After Macquarie emerged as the preferred bidder for the £3.8 billion it has been subject to a scare campaign.
Deutsche Bank has reaffirmed its commitment to the Australian market and plans to appoint a new local boss within months.
Morgan Stanley got the annual bonus season underway on Thursday, with two bankers promoted to managing director among the chaos of comp day.
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