Over the past decade, small and mid-sized banks had been raking in more profits through aggressive lending via shadow-banking channels. But the tide has turned, with core banking emerging as winner from the regulatory clampdown.
Women working for Nomura in the U.K. earn about 49 percent less on average than their male colleagues, and their bonuses are 75 percent lower, according to data filed with the British government.
The bank has had a rough ride in Asia over the last few years, written off on more than one occasion by rivals as a real force in Asian investment banking because of numerous changes in senior management and a slide down the league tables.
IB refers to a financial firm’s business to help a firm raise or secure capital through securities issuance, initial public offerings, mergers and acquisitions.
In all, its research, developed in associated with Oxford Economics, anticipates global M&A values in the financial sector to rise to US$616 billion in 2018