07/30/2015
Moynihan is right guy for Bank of America
Despite recent management changes, Brian Moynihan is the right guy and Bank of America is the right stock, says Dick Bove.
Investment Banking
07/28/2015
United States: Citigroup’s Mexico Unit Faces Widening U.S. Money-Laundering Probe
The subpoena, which was sent in January but hasn’t been reported or disclosed by the bank, expands a Justice Department investigation
07/28/2015
Capital One Expands Dallas Commercial Banking Group
Capital One announced it has added experienced local banker René Kiehn to its Commercial Banking group in Dallas.
07/28/2015
Standard Bank sees ‘significant’ earnings boost
Standard Bank announced on Tuesday that it expects a significant increase in earnings for the six months to June on improved performance, but also because of disposals of operations in London and Brazil.
07/23/2015
Who's the Next Impact Target After Goldman Sachs Snaps Up Imprint Capital?
Imprint's attraction was its ability to find and structure high-impact deals and funds that can clear due-diligence scrutiny.
07/22/2015
Goldman upgrades dark pool in electronic-execution revamp
Goldman Sachs's dark pool was the seventh-largest in the US for trading the biggest stocks
07/22/2015
Goldman Sachs And Visa's Ex-Chairman Bet Millions On Young Startup DataFox's Predictive Insights
Over time, the manual labor with each sheet dropped from 90% to 50%, then to a negligible amount.
07/20/2015
Deutsche Asset & Wealth Management Acquires West 125th Street Portfolio in New York City
The buildings are considered two of the more prestigious office and retail assets in the Harlem submarket.
07/17/2015
Barclays Launches Fintech Innovation Hub Rise New York, Other Rise Hubs to Follow
Rise is designed to help shape the future of our industry and drive growth.
07/17/2015
Bank of America Merrill Lynch out on a limb with call to buy SA dollar bonds
Dollar bonds of Africa’s most-industrialised economy have returned 1.2% this year
07/16/2015
HEDGE FUND INTERN: A 'monkey' could be a junior banker at a place like Goldman Sachs
Sharp young Wall Streeters are increasingly finding ways to avoid doing time at investment banks.
07/15/2015
Bank Of America Beats Wall Street Forecasts As Expenses Fall To 2008 Levels
Most of Bank of America’s largest business lines reported flat-to-declining profits.
07/14/2015
Investment banking comes to El Paso
Borderplex’s Ben Gonzalez will lead firm’s expansion
07/14/2015
Piper Jaffray buys Chicago investment bank boutique
The deal is the latest move in Piper Jaffray's recent entry into financial services sector coverage.
07/14/2015
Goldman Sachs Asset Management GSAM to Acquire Leading Institutional Impact Investing Firm
Combining our expertise with GSAM’s broader investment and risk management resources we believe makes for a market leading offering.
07/12/2015
Investment bank Houlihan Lokey files for an IPO that could raise $200 million
The last investment bank IPO, Moelis & Company raised $163 million in an April 2014 offering.
07/10/2015
Bank of America Merrill Lynch Earns Top Honors in Euromoney Awards
The Euromoney Awards for Excellence were established in 1992 and are the global benchmark for the banking industry.
07/10/2015
Best investment bank 2015: The reinvention of Morgan Stanley
At the end of every working day, James Gorman picks up a plastic folder and takes out the top sheet of paper.
07/08/2015
Wirehouses open doors to advisers who left
Firms are more willing to take back advisers as veteran talent grows scarce
07/07/2015
Barclays says has spent US$150 million on US 'living will'
Barclays has a global recovery planning process in place that includes a range of feasible options available