05/29/2015
JPMorgan Said to Plan Thousands of Job Cuts to Trim Expenses
The New York-based bank may cut more than 5,000 workers by next year, the Wall Street Journal reported Thursday, citing people familiar with the matter.
Investment Banking
05/29/2015
S. Parker Gilbert, Who Led Morgan Stanley, Dies at 81
He was 81 and for years had been suffering from chronic obstructive pulmonary disease, said his son Parker.
05/27/2015
Evercore Announces acquisition of Frankfurt-based investment banking advisory boutique
Its client base includes international investment firms such as Cerberus and Blackstone, as well as leading German corporates and family offices.
05/27/2015
Goldman Sachs Group Inc, Morgan Stanley And Bank of America Corp Top Bank Bonus Chart
Directors at Goldman Sachs paid the most bonuses this year
05/27/2015
TD Bank to Buy Nordstrom U.S. Credit-Card Portfolio
Retailer’s existing portfolio totals about $2.2 billion in receivables
05/26/2015
Brazil Examines HSBC Clients Who Put $5.4 Billion in Switzerland
The Receita Federal tax agency found Brazilians stockpiled those funds in 1,702 accounts at the end of 2006 after it reviewed data obtained through an agreement with French authorities
05/22/2015
Chicago says banks will give it a pass on penalties after cut to junk
Chicago’s loss of its investment-grade rating gave banks the right to require the city to repay debt early
05/21/2015
How Morgan Stanley became Silicon Valley's favorite US bank (again)
Fairly blamed or not, after Facebook offering, Morgan Stanley saw its rank
05/20/2015
Investment banks' revenue rise 9 percent in first quarter
Revenue at the world's 10 largest investment banks rose 9 percent to $44.9 billion in the first quarter compared to a year ago
05/20/2015
Jefferies Aids Apax Payout in Deal Big Banks Said to Avoid
Jefferies is stepping in as the Federal Reserve and Office of the Comptroller of the Currency continue a push started in 2013
05/19/2015
Mizuho Securities USA Expands U.S. Equity Team
Telesco joins MSUSA after fifteen years at Credit Suisse
05/18/2015
Bank of America engaged in big equities hiring. How top bankers reward their wives
Bank of America does not have a top equities sales and trading business
05/18/2015
HEDGE FUND TITAN: Do something more creative than intern at Goldman Sachs
Hedge fund titan Michael Novogratz, the president of Fortress Investment Group, wants kids he hires to do something else other than just intern at Goldman Sachs or a top consulting firm.
05/15/2015
Citigroup Closes Exclusive Credit Program Following Swiss Franc Losses
‘Alternative Credit Program’ clients were fast-tracked through less intensive version of bank’s normal credit checks
05/15/2015
Analysis: Competition prompts SWFs to alter course on real assets
Real estate remains popular – offering excess spreads, inflation protection and stable yields
05/15/2015
Bank of America Issues Second Green Bond
Bank of America has played a critical role in the development of the rapidly expanding green bond market.
05/14/2015
Guggenheim Investments Wins Core Plus Fixed Income U.S. Investment Management Award From Institutional Investor
Guggenheim's Innovative Approach to Core Plus Fixed-Income Management Recognized for Superior Long-Term Results
05/13/2015
Morgan Stanley to Sell Global Oil Merchanting Business
Transaction includes inventory and storage agreements; excludes Morgan Stanley’s client-facilitation oil trading business
05/13/2015
Steven Elkman, Deutsche Bank Executive at ASPCA, Dies at 68
In 1993, he joined the Baltimore-based investment bank, which was acquired four years later by Bankers Trust
05/11/2015
Morgan Stanley Global Private Equity Announces Sale of Creative Circle
MSPE was advised on the transaction by Wells Fargo Securities and Debevoise & Plimpton LLP.