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Investment Banking

10/16/2023

Bank Earnings Provide A Positive Start To Earnings Season

At this early point in the reporting season, blended earnings, which combine actual with estimates of companies yet to report, are improved from forecasts at the end of the quarter.

10/12/2023

Goldman Sachs Announces Sale of GreenSky to Sixth Street-Led Consortium

The transaction is expected to close in the first quarter of 2024, subject to standard closing conditions.

10/10/2023

Bank of America’s Wrong-Way Rate Bet Hurts Moynihan’s Growth Pledge

All major lenders suffered setbacks tied to their bond holdings

10/09/2023

Big banks sit out LBO rebound after being stung by earlier buyouts

Concern about loans getting stuck on their balance sheets has left some lenders wary of riskier deals

10/06/2023

Goldman Sachs Announces the Launch of the First Funds Through Goldman Sachs ETF Accelerator

Brandes Investment Partners today launched its first three actively managed exchange-traded funds, marking the first funds launched through Goldman Sachs ETF Accelerator.

10/04/2023

Goldman Sachs & JPMorgan MD leaves banking for Stripe

Some who left for big tech then returned to big banking, often for a big promotion.

10/03/2023

SVB Financial Group Completes Sale of Investment Banking Business to Management Team Group

Under the terms of the purchase agreement, the acquisition from SVB Financial Group included a combination of cash, repayment of an intercompany note

09/29/2023

J.P. Morgan to provide account validation services to the U.S. Government

The agreement with J.P. Morgan reflects the important role that account validation plays in Treasury’s commitment to payment integrity and the reduction of improper payments.

09/27/2023

Citibank Raises $5 Billion in First Bank-Level Bond Since 2019

Bank operating company debt footprints have shrunk significantly after massive deposit inflows during the pandemic, Jesse Rosenthal, head of US financials at CreditSights Inc.

09/25/2023

JPMorgan M&A Head Sees Up to $150 Billion Funds Focused on India

The New York-based banker pointed to India’s fast-rising GDP among the attributes that make it so attractive.

09/15/2023

Citigroup starts layoff talks after management overhaul: Sources

The conversations come after the third-largest United States bank announced on Wednesday that it will strip out a layer of management and cut jobs.

09/14/2023

Barclays designates a vice chairman in technology investment banking

Sterling Auty has been appointed by Barclays as vice chairman of the technology investment banking arm with a focus on the software industry.

09/12/2023

Bank of America says Q3 investment banking fees down 30%-35% for sector

He also said income at the bank's global markets business should rise in the low, single-digit range from a year earlier.

09/11/2023

Mizuho Financial Group Aims to Become a Top 10 Wall Street Investment Bank by 2026

Mizuho’s deal for Greenhill came as a surprise to many on Wall Street, both in terms of the price and the target.

09/08/2023

How Is The Market Feeling About Bank of New York Mellon?

Traders make money from short selling if the price of the stock falls and they lose if it rises.

09/05/2023

The banks that let you work from home, and the banks that don't.

This makes Lloyds one of the best places to be if you're wedded to working from home.

09/01/2023

Bank of America sales head finally resurfaces - at Deutsche Bank

It shouldn’t be a surprise that a big banker has made the move to Deutsche Bank; it’s been hiring pretty extensively all year.

09/01/2023

UBS Advisor Jeremy Keller named to Forbes America’s Top Next-Gen Wealth Advisor list

Jeremy Keller ranked #35 nationally and #1 in Nevada for 2023

08/30/2023

Bank of America Launches Disbursements and ‘Request for Pay’ Solution in Canada

The Global Digital Disbursements solution utilizes an alias system, where the person’s email address or mobile phone number serves as the identifier

08/29/2023

How much do investment bankers make in NYC?

Additionally, they might receive an annual bonus, which can significantly increase their total compensation.

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