10/10/2024
Goldman Sachs’ ex-investment bank head explains why Citadel Securities is special. Anand Selva’s score at Citi
All the things which will one day become annoying seem interesting and cute.
Investment Banking
10/04/2024
JP Morgan to bolster community presence with planned hiring spree in US
They will be tasked with hosting financial health workshops on topics such as budgeting, credit and savings, and acting as financial educators to the communities they serve.
09/26/2024
Wall Street just got another sign that dealmaking is on its way back
Big banks reaped higher profits from a recovery in M&A, IPOs, and debt underwriting over the first half of 2024.
09/23/2024
Bank of America chief Brian Moynihan raises eyebrows by taking on chancellor role for Corporation of Brown University
Those eyebrows got even wider when Brown took idiotic wokeness to new levels.
09/20/2024
Banks Ready to Forget Pain of Hung Debt Go Big on Buyout Funding
Undaunted, large banks are once again making aggressive moves.
09/19/2024
JPMorgan Aims to Expand in Africa and Scandinavia
And a report Wednesday from Reuters notes that CEO Jamie Dimon plans to travel to Kenya, Nigeria, South Africa and Ivory Coast next month to boost the bank’s expansion in Africa.
09/16/2024
Chase, Bank of America crack down on startling workplace trend
The Journal revealed that Chase, in most cases, will cap work hours for its junior investment bankers to 80 hours a week.
09/05/2024
JPMorgan expands Morgan Money platform with new treasury and cash management capabilities
It's important that we provide our customers with the best resources available to conduct trades efficiently while providing exceptional client service
09/02/2024
JPMorgan seems to be having trouble hiring generative AI professionals
It's since posted another similar listing in London, and at the start of August, JPMorgan opened another VP vacancy in the CDAO in New York, paying a salary of up to $260k.
08/27/2024
Piper Sandler Completes Acquisition of Aviditi Advisors
Aviditi Advisors will operate as Piper Sandler’s private capital advisory group.
08/19/2024
European banks’ US fee share shrinks to 11% ahead of Wall Street hiring push
EU lenders’ cut of the Wall Street dealmaking pie has nearly halved over 10 years
08/16/2024
JPMorgan American Investment lifts dividend and outperforms benchmark
The trust attributed this outperformance to its portfolio weighting towards large-cap holdings, particularly in the IT sector, which accounted for 94% of assets.
08/15/2024
FE International Establishes Investment Banking Broker-Dealer Offering Public M&A Advisory and Private Placement Services
The FE International family of companies includes our award-winning M&A business
08/15/2024
Citigroup lifts EU bonus cap for top London bankers, aligning with Wall Street rivals
In response to the EU's bonus restrictions, Citi and other banks had implemented role-based allowances
08/14/2024
Scotiabank expands US footprint with strategic $2.8bn investment
Scotiabank's investment in KeyCorp expands its North American presence with a 14.9% ownership stake
08/09/2024
Houlihan Lokey to Acquire Waller Helms Advisors
On a pro forma basis, and according to data from LSEG, the new combined group now ranks as the No. 1 advisor for all global M&A transactions in 2023
08/09/2024
Life Insurance International
Waller Helms Advisors to be acquired by Houlihan Lokey
08/08/2024
Wall Street Investment Bank Hit With $16 Million Fine in SEC Messaging Probe
Piper Sandler settles investigations into unapproved business communications.
08/08/2024
JPMorgan Chase's $1.2B cash-reserve boost leads big banks as lenders brace for slowing economy
JPMorgan Chase's larger balance-sheet buildup stands out partly because it's the U.S.'s largest bank, with quarterly earnings that topped $18 billion in the second quarter alone.
07/29/2024
Wall Street banks’ graduate applications swell to record highs as intakes shrink
Internship applications have swelled, while banks have trimmed class sizes amid a tough economic environment