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Monday's Headlines: Numbers Tell the Tale of Women Leaving Goldman

Goldman Sachs, hit with a gender-bias lawsuit last week, may not overtly discriminate against women, a former Goldman exec says. But she says the numbers tell a damning story. [Daily Beast]

Royal Bank of Canada reshuffled its wealth-management business, splitting its international wealth operations, and creating a new global trust group. [WSJ]

Barclay's ascent in the U.S. has helped it expand a rising M&A practice in Europe. [The Lawyer]

London is seeing a flurry of hiring activity as Bank of America, Goldman Sachs and Nomura add M&A bankers. [FierceFinance via DealBook]

RBS is set to expand its investment banking business in the Middle East after selling its retail operations in the United Arab Emirates. [<a href=https://online.wsj.com/article/SB10001424052748703989304575503411328556610.html?mod=WSJ_business_whatsNews target=_blankWSJ]

The number of hedge funds that closed during the second quarter fell, according to newly released data. [Fierce Finance via Hedge Funds Review]

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AUTHORScott Krady Insider Comment

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.