08/09/2021
Strong jobs report is not a game changer for Fed policy, Wells Fargo suggests
Schumacher doubts the government will issue dramatic lockdowns, but he warns new constraints on movement would hurt economic activity.
Investment Banking
08/09/2021
Jamie Dimon defends seeking full control of JPMorgan's securities business in China, says he's a 'patriot way before' CEO
The company's expansion in China comes at a time of heightened US tensions between Washington and Beijing and brought up concerns about national security, especially data privacy.
08/03/2021
Global Banks’ $170 Billion Haul Marks Most Profitable Year Ever
Banks with wealth and asset management units enjoyed buoyant equity markets as the world economy began to recover, aided by unprecedented government support programs.
08/02/2021
Top Credit Suisse investor backs board after scathing Archegos report
Harris Associates' David Herro said Credit Suisse is rapidly addressing 'deficiencies' highlighted in a recent report into the Archegos collapse
07/30/2021
Lazard Ltd Reports Second-Quarter and First-Half 2021 Results
“We are benefitting from investments in our people and technology, our global platform and strong macroeconomic trends, leading to unprecedented activity levels in our businesses.”
07/29/2021
The new Wall Street investment banking salaries, by bank
Guggenheim Securities is an anomaly as a small player among the bigger banks listed, but we've included Guggenheim's pay figures due to the comparative clarity on their salaries before and after the raise.
07/23/2021
BTG Pactual’s Timberland Investment Group Acquires Two Funds from Olympic Resource Management
The funds being acquired comprise approximately 110,000 acres of high-quality, diverse, SFI-certified timberland in the Pacific Northwest of the U.S.
07/18/2021
Nomura hikes junior pay to $100,000 as talent war heats up
Wall Street banks have hiked pay amid increasing competition for junior talent
07/15/2021
Jefferies and SMBC Group Announce Strategic Alliance to Drive Growth
Jefferies and SMBC Group to Collaborate on Future Business Opportunities to Enhance Value to Their Clients and Accelerate Strategic Initiatives
07/14/2021
TD Securities wins 'Canada's Best Investment Bank' in Euromoney's Awards for Excellence 2021
Most recently in June 2021, TDS was selected by the Government of Canada's Department of Finance as one of its two structuring advisors for its inaugural issuance of green bonds.
07/13/2021
Goldman Sachs posts Q2 earnings blowout, powered by investment banking
Goldman Sachs (GS) reported second-quarter earnings results on Tuesday that far exceeded Wall Street's expectations, driven by strength in investment banking.
07/06/2021
The new Wall Street investment banking salaries, by bank
Guggenheim Securities is an anomaly as a small player among the bigger banks listed, but we've included Guggenheim's pay figures due to the comparative clarity on their salaries before and after the raise.
07/06/2021
Citi’s strategy still evolving under new CEO
Does a bank have to be everything to everyone everywhere? Citi’s CEO Jane Fraser thinks not.
06/29/2021
Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs hike shareholder payouts
The bank also said it would increase spending on share repurchases, and the Wall Street giant’s shares rose as much as 3.7% in after-market trading following the announcement.
06/15/2021
Morgan Stanley CEO to staff: Be back at New York headquarters by September
Gorman said his bank's policy will vary by location, noting the firm's 2,000 employees in India will not return to offices this year.
06/14/2021
Citigroup targets Wall Street rivals for top spots in investment banking expansion
The US bank will hire senior dealmakers and look to catch up with US rivals including JPMorgan and Goldman Sachs
06/08/2021
Wall Streeters outpace Europeans back to office
Sidewalk-pounding bankers working at Wall Street firms might win more facetime with clients, and an even greater share of deals.
06/03/2021
BBVA renews its investment banking strategy in the US
In fact, The United States has a very large share of the liquidity funds for investing in emerging markets.
06/01/2021
Bank of Nova Scotia profit beats estimates on provisions; capital markets, overseas unit sluggish
Scotiabank shares fell 1.1% to C$80.30 in morning trading in Toronto, after hitting a three-year intraday high earlier.
05/27/2021
Bank Profits Rise 29% to $76.8B in 1st Quarter
Still, net interest income fell by $7.6 billion, or 5.6%, the sixth straight quarterly decline, and average net interest margin fell to 2.56%.