02/14/2014
Varde the US investment group that at one stage was the controlling shareholder in Crest Nicholson, yesterday announced it had sold half its stake in the housebuilder which floated at the beginning of last year.
02/13/2014
Ryan Crane, a JPMorgan Chase & Co. employee who in a 14-year career at the New York-based bank rose to executive director of a unit that trades blocks of stocks for clients, has died.
02/13/2014
Since the credit crunch, investment banks have been berated by politicians, regulators and the media.
02/13/2014
Lehman Brothers Holdings Inc settled with Freddie Mac a $1.2 billion claim, freeing up millions of dollars which will be available for distribution to the bank's creditors.
02/12/2014
Wall Street power brokers are betting that Greg Fleming will be chief executive of a major U.S. company one day, but no one is quite sure of which one or when.
02/11/2014
Senior bankers at Goldman Sachs siphoned $77m in bonuses after they exercised options that were awarded to them during the height of the financial crisis.
02/10/2014
JPMorgan Chase & Co. is offering $390 million of non-performing loans as banks including HSBC Holdings Plc and Regions Financial Corp. increasingly look to sell troubled mortgage debt.
02/07/2014
Detroit won’t take legal action for now against Bank of America Corp. and UBS AG over a costly swaps deal, even after canceling a forbearance agreement it reached with the banks in July.
02/07/2014
New York Merger Bankers Lead Ranks Earning More Than $1 Million
Senior investment bankers in the U.S. earn more than their peers in Europe and Asia, making $1,025,000 a year on average
02/05/2014
Lazard said on Wednesday that its profits rose 35 percent in the fourth quarter
02/04/2014
In winning this prestigious award, Oppenheimer was recognized for its work in helping Ahern to successfully navigate the Chapter 11 process to refinance its existing indebtedness and negate a competing plan of reorganization from its junior creditors, p
02/04/2014
It comes as competitors such as UBS, Credit Suisse, Barclays and Deutsche Bank are reducing staff and capital in their fixed income units in an effort to cope with falling revenues, stricter capital rules and a costly move towards electronic trading.
02/04/2014
The bank said in a regulatory filing that the resignation was not "a result of any disagreement with the company, the board or management."
02/04/2014
Today, Crédit Agricole CIB goes live as a market maker for US Treasuries on Tradeweb, a world leader in building and operating electronic over-the-counter marketplaces.
01/31/2014
Stifel to acquire California-Based investment banking boutique
It is an impressive group, with an excellent reputation, in a market we are committed to serving," said Ronald J. Kruszewski, Chairman, President, and CEO of Stifel Financial Corp.
01/29/2014
Now HSBC plans to lend $1 billion in 2014 to small and midsize U.S. companies that do business internationally
01/28/2014
T. Rowe Price Group, Inc. today reported its 2013 fourth quarter results, including net revenues of $929.8 million, net income of $287.7 million, and diluted earnings per common share of $1.06.
01/24/2014
A handful of big-ticket transactions in the bank space propelled investment bankers from J.P. Morgan Securities LLC to the top of SNL's lead banker rankings in 2013.
01/21/2014
JPMorgan to Credit Suisse Boost Startup Push in Deals Hunt: Tech
When SurveyMonkey Inc. Chief Executive Officer Dave Goldberg wanted to buy out investors from his Internet company and attract new ones who wouldn’t balk at his aim to stay private
01/20/2014
Existing senior debt for the portfolio, which is insured by US Department of Housing and Urban Development was assumed during the transaction, with Macquarie Bank providing $71 million in mezzanine financing.