Company: Royal Bank of Scotland
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RBS's investment bank is a shadow of its former self, yet continues to drag on profits. More cost-cutting is coming.
Investment banks are shifting more jobs into low cost destinations in the north of England, but are struggling to fill them.
Moves among senior technologists in investment banking are more prevalent now than at any point in the past five years.
The annual conference of central bankers in Jackson Hole has excluded more investment bankers this year.
Investment banks have vastly changed their operating models, the types of people they hire and how they hand out promotions.
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Investment bankers are working as hard as ever and the prospect of riches is ever more distant. No wonder there's a retention problem.