07/24/2024
Evercore's average pay rose 30%, to $197k in a single quarter
The increase was overwhelmingly driven by advisory (M&A) revenue, which increased 52% in Q2.
07/24/2024
The increase was overwhelmingly driven by advisory (M&A) revenue, which increased 52% in Q2.
07/23/2024
At stake is the dealmaking revenue of the top investment banks in North America and Europe.
07/19/2024
Abouhossein et al's preference for Goldman reflects their expectation that investment banking division revenues will increase 31% year-on-year in 2024
07/17/2024
Regionally, the bank saw higher levels of client activity in Asia and seasonal patterns in Europe.
07/16/2024
Investment banks have brought in more underwriting fees as capital markets resurged.
07/15/2024
Fraser worked at Goldman Sachs and McKinsey & Co. before becoming CEO of Citigroup
07/15/2024
Part of the surge in profits is Goldman Sachs had some one-time items last year as it took charges against its books for the wind down of its consumer banking business.
07/15/2024
The gains exceeded the company's earlier predictions.
07/15/2024
Reports of three big US banks heralded the start of the second-quarter earnings season.
07/12/2024
BNY's investment services fees for the second-quarter rose 5% to $2.36 billion
07/12/2024
Citi had already booked the penalties and additional investments on the data work in the second quarter based on its own estimates of the costs.
07/11/2024
This decision will not have a material economic impact to Citi, nor to its international clients. v
07/08/2024
In 2014, Bank of America intern Moritz Erhardt died after allegedly working 72 hours without sleep.
07/05/2024
Global revenues up driven by debt issuance, M&A advisory fees, LSEG reports
07/04/2024
The day also included a panel discussion on the current state of the healthcare private equity market.
07/04/2024
Bonuses are supposed to fluctuate with market conditions — they are instead sticky
07/02/2024
The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated.
06/25/2024
Anastasio is understood to have resigned from Goldman in recent weeks.
06/24/2024
Employees turn to several methods including ‘keyboard fraud’ as they fight productivity-obsessed corporate American work culture.
06/24/2024
With more mid-sized banks in the mix this year, the tests should provide fresh insight into the health of those lenders.