May 14 (PFI) - The former head of investment banking for EMEA at Credit Suisse will receive a stock bonus worth about US$45 million in today's terms from his new employer over the next seven years, according to a regulatory filing. Full story
(Reuters) - Morgan Stanley's <MS.N> deputy head of investment banking, Ji-Yeun Lee, has left the firm in recent weeks, the Wall Street Journal reported, citing people familiar with the company. Full story
(Reuters) - Credit Suisse <CSGN.VX> investment banker Sebastian Grigg has been appointed vice chairman of the bank's EMEA investment banking department after having spent six years at the helm of the company's UK investment banking team. Full story
French bank BNP Paribas said Friday its earnings slumped 45 percent in the first quarter amid a steep drop in corporate and investment banking as Europe's economic stagnation continued to bite. Full story
TURNAROUND: Switzerland's largest bank, UBS AG, reported a profit of $1 billion for the first quarter thanks to strong investment banking and wealth management results. Its shares rose almost 6 percent Tuesday on the Swiss stock exchange. Full story
LONDON (Reuters) - Investment banking made most of the first quarter profit at British bank Barclays <BARC.L>, highlighting the challenge for the lender's new boss in making money as he shrinks that part of the business. Full story
Ilana Weinstein, Founder & CEO of IDW Group, discusses bonuses and compensation at Wall Street's top investment banking firms and who's hiring at hedge funds.
