Barclays Plc lost three senior mergers and acquisitions bankers to Rothschild in recent weeks, according to people with knowledge of the matter, the latest in a series of departures as the U.K. bank reorganizes and faces more stringent compensation rules.
Macquarie Group Ltd. , the Australian bank whose head of U.S. equity capital markets quit this week, lost the head of U.S. financial sponsors coverage, David Baron , after one year at the firm, according to two people briefed on the departure.
The U.S. Environmental Protection Agency doesn’t have authority to waive mandatory tests intended to determine whether projects at large power plants would increase soot pollution, a federal appeals court ruled.
Macquarie Group Ltd. ’s Andrew Low , chief operating officer of the investment banking division, quit to start his own business, the Australian newspaper reported, citing an internal memo to employees.
Macquarie Group Ltd. , Australia’s biggest investment bank, posted its biggest five-day slump in 15 months in Sydney trading after analysts cut ratings and forecasts for the stock, and senior bankers quit.