Credit Suisse is raising SFr6bn of fresh capital while cutting back the amount that it allocates to securities trading; Deutsche Bank
is dividing its investment banking division in two and wants to trim it; Barclays’ intended chief executive, Jes Staley, is likely to curtail its investment bank outside the UK and the US. It does not take a genius to notice a common theme for European investment banks: retreat.
In April, I wrote that Europe needed at least one investment bank to compete head on with US giants such as Goldman Sachs
您已阅读10%（533字），剩余90%（4716字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。