07/05/2023
Mizuho on U.S. hiring spree with top 10 underwriting goal in sight
Mizuho also wants to cement its position among the top 10 corporate bond underwriters in the U.S.
Investment Banking
07/04/2023
BofA, Citi ask Fed to clarify bank stress test results
BofA's own analysis implied a worse result than the Fed's test last week, Piper Sandler analyst R. Scott Siefers said in a note published on Monday.
07/04/2023
Japan's top lenders in fresh drive to win US investment banking deals
Our strategy is to make better use of our balance sheet and boost returns on risk-weighted assets.
06/30/2023
Credit Suisse appoints investment banking management committee
The committee will be supported by other executives such as investment banking CFO Tony Bullman and Chief Risk Officer David Krauss.
06/30/2023
Clear Street to Launch Investment Banking Business
Upon regulatory approval, the business will provide strategic advisory, transaction, and creative capital solutions to emerging growth companies.
06/27/2023
At JPMorgan, Goldman and Cowen, layoffs mount
Goldman reportedly cut 125 managing directors, lending credence to earlier rumors of a third round of right-sizing at the bank.
06/27/2023
JPMorgan, General Dynamics board member Jim Crown dies in accident
He was on JPMorgan's public responsibility and risk committees.
06/26/2023
BNY Mellon pushes ahead with diversity funds despite ‘anti-woke’ backlash
Boutique strategy allows bank to offer a range of approaches to ESG
06/23/2023
Investment banking has gotten so bad even the lawyers are making more money these days
There are several factors affecting the rise in lawyer pay, as outlined in the story, but perhaps more interesting is how compensation for bankers hasn't risen.
06/20/2023
SVB Financial Group agrees sale of its investment banking business, SVB Securities
SVB Financial Group filed for Chapter 11 bankruptcy proceedings in the US back in March following the collapse of Silicon Valley Bank.
06/19/2023
Financial Inclusion: Bank of America Surpasses $500M in Equity Investments to Support Minority, Women Entrepreneurs
Not only are fund managers breaking down barriers themselves, “but they are also investing in companies looking to catalyze change.”
06/19/2023
SVB agrees to sell its investment banking division
The deal comes after the Federal Deposit Insurance Corporation took over Silicon Valley Bank in March
06/15/2023
Goldman cutting more than 30 Asia investment banking jobs
The reduction in regional jobs, most of which are in the global banking & markets division, started on Wednesday, said the sources.
06/14/2023
US bank shares rise on inflation data, positive Wells Fargo comments
JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, Citigroup and Bank of America advanced between 1% and 2%.
06/13/2023
Bank of America execs blew $93.6 billion. Here’s how they did it.
It’s time for companies and analysts to stop calling stock buybacks a ‘return of capital’ to shareholders
06/12/2023
Barclays warns former staff in bid to stem investment bank exodus
Departure of about 30 bankers in US risks undermining UK lender’s Wall Street ambitions
06/07/2023
BNY Mellon Launches Direct Indexing Solution for Financial Advisors
Institutional-quality investment solution available on BNY Mellon Pershing X's new Wove platform provides low-cost portfolio customization and tax optimization benefits
06/02/2023
Goldman Sachs president Waldron says Wall Street bank is ‘running tighter’ amid lay-offs
The Wall Street bank is embarking on its third round of job cuts within a year
05/31/2023
Why Goldman Sachs needs to cut MDs (and partners)
Both they and partners at the firm tend to pile up due to a rule relating to restricted stock vesting that was introduced in 2008.
05/24/2023
JPMorgan’s guide to how an investment bank works now
JPMorgan’s payments team, meanwhile, is silently in the background facilitating all of the above-mentioned economic activity