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Blood bath in the city

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    Blood bath in the city

    I must admit I thought this saga was over and things in finance were looking better, well apart from the Lloyds yet another 10% cut. Looks like RBS is exiting investment banking completely.


    RBS to slash 14,000 investment banking jobs: FT 03.03.2015 | Nachricht | finanzen.net
    I'm alright Jack

    #2
    Barcap to be soon :-

    Barclays’ 30-year attempt at taking on Wall Street is coming to an end - Telegraph

    Why Europeans get involved in IB is beyond me. They are rubbish at it.

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      #3
      UBS is downsizing and going back to wealth management, Deutsche Bank mired in litigation. Doesn't look good.
      I'm alright Jack

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        #4
        What's the origin of the word bloodbath?
        What happens in General, stays in General.
        You know what they say about assumptions!

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          #5
          It was invented by a Swedish death metal band.

          Bloodbath - Grand Morbid Funeral
          I'm alright Jack

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            #6
            Originally posted by BlasterBates View Post
            It was invented by a Swedish death metal band.

            Bloodbath - Grand Morbid Funeral
            So you couldn't find it either then? :-)
            What happens in General, stays in General.
            You know what they say about assumptions!

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              #7
              I thought this was a post about Bristol invading Bath.

              Very disappointed.
              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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                #8
                Originally posted by scooterscot View Post
                I thought this was a post about Bristol invading Bath.

                Very disappointed.
                lol

                Not yet. Give it 50 years!

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                  #9
                  Originally posted by BlasterBates View Post
                  UBS is downsizing and going back to wealth management, Deutsche Bank mired in litigation. Doesn't look good.
                  Not is is not good for the industry, country and Europe as a whole.
                  It might be the in thing at the moment to bash to banks but it is going a bit too far really.

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                    #10
                    This is why I love being a contractor, Banking sector crashing? Move to public sector. Public Sector slashed? Move to Tech companies etc etc. We are like the slag who goes for the guy doing the best and will dump them as soon as they look like becoming a loser.

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