02/13/2023
JP Morgan bankers spent most of last week meeting with Zelensky and his senior staff where they discussed the creation of a fund seeded with $20 billion to $30 billion in private capital, according to people with direct knowledge of the matter.
02/10/2023
BofA’s 2022 patents granted rose to 608, 19% over 2021, in categories including artificial intelligence and machine learning, information security, and payments.
01/30/2023
Unlike Merrill’s retirement plan, called the Client Transition Program, brokers in the Succession Planning Program, do not commit to retire.
01/26/2023
Firm also awarded several additional M&A Atlas Awards at the awards gala ceremony
01/24/2023
Fixed income will also see an increase in their pay after the unit posted 25% revenue growth in the 9 months leading up to September 30 last year.
01/24/2023
The division includes its treasury and cash management businesses, as well as traditional investment banking.
01/23/2023
Hsu’s speech followed up on a May 9 Brookings presentation on bank mergers and industry resiliency.
01/20/2023
Morgan Stanley (MS) fell back by 0.5% on Wednesday after strong gains in the previous session as analysts praised the performance it its wealth management unit.
01/17/2023
The bank reported a revenue jump of 11%, allowing for a marginal increase in net income by $100 million to $7.1 billion.
01/16/2023
A slump in the bank’s investment banking division saw its profits drop 22% despite a strong quarter for its trading business.
01/13/2023
JPMorgan, Bank of America, Wells Fargo and Citigroup all report fourth-quarter earnings on Friday.
01/09/2023
Wall Street banks have suffered a major slowdown in corporate dealmaking activity as a result of volatile global financial markets.
01/06/2023
Ohta was quoted by the publication as saying: “I have a wish to move toward increasing our holdings.”
12/27/2022
Citigroup, Goldman Sachs and Morgan Stanley are not far behind – and together, the six are poised to make even more next year.
12/23/2022
Team One will begin working with Barclays immediately and its initial work is expected to debut in early 2023.
12/13/2022
Inflation in the United States reached 7.7% in November, four-tenths of a percentage point lower than in September, according to data published by the Bureau of Labor Statistics (BLS).
12/01/2022
Increases Total ATM Network by More than 30 Percent, Adding Significant Scale and Convenience for Customers
12/01/2022
The award, along with recent industry success, including being the top ACH originator for the 10th consecutive year, demonstrates Wells Fargo’s industry leadership in payments and cash management.
11/29/2022
This is the foundation for our dynamic domestic and global operations
11/25/2022
The result of these efforts will be more streamlined systems that improve the quality of our data as well as the speed with which it can be accessed.