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.
01/17/2014
The venture, spawned from MUFG's $9 billion investment in the Wall Street firm during the financial crisis, is a big winner from Suntory Holdings Ltd's $13.6 billion deal this week to buy U.S. whiskey maker Beam Inc
01/17/2014
Bank of America Corp., the second-biggest U.S. lender, took in more investment-banking fees than larger rival JPMorgan Chase & Co. for the first time since acquiring Merrill Lynch & Co. during the financial crisis.
01/17/2014
BNY Mellon Corp said on Friday that its fourth-quarter profit rose slightly as investment services fees increased 5 percent amid a buoyant stock market.
01/16/2014
Fourth Quarter Earnings Per Common Share Were $4.60
01/15/2014
JPMorgan's bonus pot shrinks after billions in settlements
General expectations are that bonuses will be flat or down on a year ago, although a small coterie of top bankers will get rises of up to 15%, headhunters predict.
01/14/2014
This newly created position extends BNP Paribas’ established European collateral franchise to North America, enabling USA and Canada based clients to access the bank’s services locally.
01/14/2014
The results underscored how expensive it has been for the bank to obtain peace with Washington. All told, JPMorgan has paid roughly $20 billion over the last 12 months to resolve government investigations.
01/14/2014
The long hours often worked by Wall Street’s youngest bankers, known as analysts, have come under intense scrutiny in recent years, as more college students choose Silicon Valley and elsewhere over traditional investment banking jobs.
01/13/2014
The firm was founded in March 2007, after Ken Moelis stepped down from his role as an investment banker at Swiss financial giant UBS.
01/13/2014
U.S. investment banks are picking up where they left off in European mergers and acquisitions last year
01/08/2014
Northwestern Mutual Life Insurance is exploring a possible sale of its Russell Investments asset management business, which has $247 billion in assets under management, according to four people familiar with the situation.