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Investment Banking

03/08/2017

HSBC Sells US Residential Mortgage Loan Portfolio For USD1.50 Billion

HSBC said the sale was part of an ongoing reduction of its US consumer mortgage loan business, in line with its strategy to sell "substantially all" of HSBC Finance Corp's residential mortgage loans.

03/05/2017

Goldman Sachs to move risk managers into independent unit -sources

Goldman's new structure will not change much about the way risk managers operate, but will offer the operation new prominence, sources said.

03/03/2017

American bank profits are higher than ever

The American banking system has certainly come back from the financial crisis.

03/02/2017

Citi Named Placement Agent of the Year by Private Debt Investor

“We strive to continue providing strategic value and deepening relationships with both our institutional allocator and fund manager clients.”

03/01/2017

Seabury Capital and Paul F. Richardson Associates Create Global Maritime Advisory and Investment Banking Offering

New Entity Offers International Client Base End-to-End Solutions with Strategic Industry Advisory and Investment Banking Services

02/28/2017

The best European banks to work for on Wall Street

If Barclays is low on capital in the U.S., it is at least profitable.

02/23/2017

Big banks rack up $6.4 billion in ATM and overdraft fees

Despite public outcry, banks show no sign of scaling back on fees.

02/23/2017

Bank of America first to launch Zelle P2P payments

Bank of America's launch comes as it celebrates the tenth-anniversary of its first mobile banking application back in March 2007.

02/22/2017

Wall Street challenges U.S. regulator over proposed commodities rule

It is unclear how he or the new Congress will approach various rules.

02/22/2017

This investment bank expanding on Wall Street has just made another senior hire

Three months on from this announcement, senior bankers are coming through the door at Rothschild.

02/22/2017

B. Riley Financial to Acquire FBR & Co. to Form Dynamic Financial Services Firm with Unmatched Capabilities

The combined firm will enjoy an increased capital base as well as meaningful revenue and expense synergies.

02/21/2017

US equity firm closes in on purchase of Portuguese bank

The negotiations have been conducted in secret.

02/21/2017

Crédit Agricole CIB Implements Orchestrade for Trading and Risk

Crédit Agricole CIB is the first major bank to replace its trading and risk legacy systems with Orchestrade.

02/21/2017

Fourth Quarter Plan Sponsor Returns Stay Positive with U.S. Equity Continuing to Lead the Way, according to BNY Mellon U.S. Master Trust Universe/Asset Strategy View(SM)

Fifth straight quarter in the black; Approximately two-thirds of plans posted positive results

02/20/2017

A top Wall Street bank is looking for the next generation of dealmakers

The bank has historically been strong in Asia and in its home continent of Europe, but the US is a tough market to crack.

02/20/2017

Huge payday for Bank of America CEO

The firm also has not achieved its 12% target for return on tangible common equity.

02/19/2017

Broken Deals Don't Have to Be So Costly for Big Banks

Such transactions can have a tough time getting past antitrust regulators

02/17/2017

Wells Fargo not eager to probe cause of scandal

Wells Fargo board plans to oppose resolution filed by shareholder activists

02/16/2017

Thanks Trump. Goldman Sachs’s Shares Just Hit a New All-Time High

Goldman's previous all-time high, hit in 2007, was $247.92.

02/15/2017

Goldman Sachs Denies Bonuses for 100 Investment Bankers

The number of employees denied a bonus in recent weeks is higher than a year ago -- eliminating what’s typically a major component of their pay.

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