04/27/2018
BofA not pushing for investment banking in China
China plans to allow foreign firms to take majority stakes in securities JVs this year.
Investment Banking
04/27/2018
Deutsche Bank calls time on Wall Street in retreat to Europe
Other European banks have also tried and failed over the years, often hiring bankers at great cost or buying smaller Wall Street players in the hope of gaining critical mass.
04/26/2018
Deutsche Bank profit tumbles 79% amid big overhaul
The bank's companywide revenues declined 5% to EUR7 billion in the quarter.
04/22/2018
Chase to open hundreds of offices in U.S. even as rivals abandon bank branches
The new branches will mean households and businesses in the region can tap Chase for mortgages and small-business loans, establishing a regional lending footprint that the company estimates will reach $4 billion by 2023.
04/18/2018
Goldman's faith in roaring markets met with skepticism on Wall Street
Goldman reported gains in all four of its major business units, especially trading, as a surge in volatility led customers to transact more in capital markets.
04/16/2018
When investment banking doesn’t pay
European investment banks like Deutsche are still trying to catch up with their US rivals. Is it really worth the effort?
04/13/2018
JPMorgan, Citi Results May Prove Whether Higher Rates Pay Off
The big focus for investors will be on how favorably the Fed’s December rate increase and a steeper curve
04/05/2018
Top UBS Banker Has ‘Very Aggressive Plan for U.S.’
Within three to five years, UBS aims to double the number of client-facing senior-level bankers in the Americas
04/03/2018
Morgan Stanley to Cut Brokers’ 12b-1 Commissions
The brokers tell the website they won’t take a cut of 75 basis points lying down.
04/03/2018
BNP Paribas and Janus Henderson complete transaction
Claudine Gallagher, head of the Americas for BNP Paribas Securities Services, said: “We have a long-standing relationship with Janus Henderson and are pleased to further this partnership.”
03/27/2018
Citi, Goldman and rivals ramp up Brazil banker poaching war
Some of the hirings were announced late last year and effective from February to April.
03/26/2018
Province of Alberta $1.25 Billion Global Bond Offering
The tax team included partner Michael Farber.
03/23/2018
Morgan Stanley eager to grow in increasingly open China
CEO Gorman sanguine about global growth and 'exciting' Japanese recovery
03/23/2018
Goldman Sachs Aims to Cover 1,000 New Investment-Banking Clients
The top-ranked merger adviser said it’s looking to add $500 million in revenue from the push over the next three years
03/20/2018
Goldman Sachs adds LPL Financial to its securities-lending business
Goldman’s typical wealth clients have at least $50 million in assets.
03/16/2018
Bear Stearns Lives On Inside JPMorgan
Goldman Sachs Group Inc. was once the global market leader in fixed-income trading, generating about twice as much revenue from that business as JPMorgan.
03/14/2018
Trump makes investment banking fees uncertain again
“Bankers will be skeptical about cross-border deals that involve technology or data that could have implications for national security or for America’s competitive position in key industries,”
03/06/2018
Goldman Sachs Moves Commodity Sales Team Into Investment Bank
The group has been dubbed the commodities solutions team.
02/26/2018
BofA to open 500 new branches in 4 years
Bank of America said on Monday it plans to open more than 500 new branches across the United States over the next four years.
02/20/2018
Deutsche Bank is said to cut at least 250 investment bank jobs
They include Marc Benton, who oversaw European energy investment banking, and Evans Haji-Touma, who focused on sovereign wealth and public pension funds, according to the people.