Goldman Sachs expands transaction bank to Britain

Goldman Sachs (GS.N) has launched its transaction bank in Britain, the firm said Monday, expanding the business after launching in the United States last year as it looks for steadier sources of revenue beyond its investment bank.

MOVES Ex BofA exec Elfring joins JPMorgan as EMEA vice chair -memo

JPMorgan Chase & Co (JPM.N) has tapped a former Bank of America Corp (BAC.N) executive to take on a new role as vice chairman of investment banking for Europe, the Middle East and Africa as it battles for key advisory mandates to dominate a resurgent M&A market.