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Investment Banking

06/07/2024

Xcelerate, Inc. Retains Investment Bank Craft Capital Management to Provide Investment Banking and Up-Listing Advisory Services

Craft Capital, based in Garden City, New York, is an independent full-service securities brokerage firm

06/05/2024

Citi's new banking head Raghavan begins as CEO hails his 'intensity'

Citi's CEO Jane Fraser has expressed high hopes for Raghavan

05/31/2024

Advisor Ordered To Repay Morgan Stanley $5M In Promissory Note Battle

The investment bank brought the case contending that Frederico Cardona had failed to honor the notes after he left the firm.

05/28/2024

JPMorgan CEO Jamie Dimon on 'Hard Landing' and 'Stagflation' Fears as Inflation Worries US Fed

A "hard landing" is, for instance, when the US Federal Reserve tightens its monetary policy by hiking interest rates aggressively to curb high inflation and cool down consumer spending

05/28/2024

Jamie Dimon's retirement talk puts new spotlight on key JPMorgan deputies

Marianne Lake and Jennifer Piepszak are considered frontrunners to become the next CEO: 'It's a two-woman race.'

05/21/2024

JPMorgan CEO is 'cautiously pessimistic' on economy, successors in focus

We're on the way, we're moving people around

05/16/2024

JPMorgan is buying NYCB loans partly to help smaller bank's turnaround: source

JPMorgan ended up buying First Republic in a government-led transaction.

05/16/2024

Junior Bank of America banker who died was working over 100 hours a week

Wall Street has grappled for years with overwork among junior staff.

05/14/2024

RBC names insider Stopnik as global investment banking head

The bank also named Vito Sperduto as the head of RBC Capital Markets in the U.S.

05/14/2024

Bankers Ready for Action

The largest banks in the country have already pounced on the thawing signs.

05/14/2024

JPMorgan And Citigroup: Undervalued Giants Poised For Market-Beating Returns

Their solid performance highlights the sector's adaptability and points to potential buying opportunities for astute investors.

05/10/2024

Wells Fargo names former JPMorgan executive as co-head of investment bank

Wells Fargo said Rivas will join the lender's operating committee effective immediately

05/10/2024

JPMorgan Has Had a Banner Year, Even as Other Banks Struggle

The bank's stock has climbed 26% this year, as Jamie Dimon continues to create value

05/09/2024

Citi's head of APAC institutional sales has disappeared

Where there is not clarity is on what Serge intends next.

05/07/2024

Goldman Sachs CEO David Solomon says AI 'is something that people are going to have to think very strategically about'

Goldman Sachs Group Inc. Chief Executive David Solomon sees ample opportunity for the investment bank to profit from artificial intelligence, both through deal-making as well as in its internal operations.

05/07/2024

Bank of America investment banker dies

Bank of America said "our focus is on doing whatever we can to support the family and our team, who is devastated."

05/03/2024

JPMorgan expects added $100M penalty for trade surveillance shortcomings

In a regulatory filing Wednesday, the bank disclosed a third U.S. regulator will require it to “pay a civil penalty of $100 million after offsets for amounts paid to the OCC and FRB.”

04/29/2024

Goldman Sachs doesn't entirely trust its London bankers with expenses. When the only man is selected from the shortlist

The average person working for Goldman Sachs in London earned £404k last year

04/29/2024

JPMorgan's new managing directors include someone who joined from Walmart in 2021

The other new technology MDs at JPMorgan include Charles Lim, the 39 year-old Singapore-based global head of quantum communications

04/25/2024

Raymond James Q2 profit rises on strong capital markets performance

Raymond James' asset management revenue rose 17% in the reported quarter to $252 million

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