It is a node in a global network that spins data, information, and capital instantaneously across the planet.
The £1bn fund, which will be launched in the next few weeks, is designed to boost investment in manufacturing and technology.
Either way, other banks followed suit, and soon the “third-year analyst” became a somewhat uncommon job title. It's also become one you probably don't want on your resume.
The company’s April 26 announcement that it will probably shrink global equities trading, and in America scale back rates and corporate financing businesses, should’ve provided staff some clarity.