11/26/2013
Alfred Feld, Goldman Sachs’s 80-Year Employee, Dies at 98
He said his wealth-management strategy was to stick with the stocks of good companies, including Procter & Gamble Co. and Merck & Co., two longtime favorites.
Investment Banking
11/20/2013
Oppenheimer's Investment Banking Division Announces Creation Of The Private Shares Group
As part of the agreement, Boaz Rahav, Greencrest's founder, has joined Oppenheimer as Managing Director to establish and lead the firm's Private Shares Group.
11/13/2013
JP Morgan, Citi Win Bigger Share of Investment Banking Revenue
U.S. investment banks JPMorgan Chase & Co and Citi saw their share of investment banking revenue increase more than any of their peers in the first nine months of the year
11/12/2013
Goldman Sachs Announces New Managing Directors
The Goldman Sachs Group, Inc. today announced that it has selected a new class of Managing Directors as of January 1, 2014, the start of our next fiscal year.
11/06/2013
Guggenheim Securities boosts Structured Products team
Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, today announced the hiring of Cory Wishengrad as a senior managing director.
11/03/2013
A Morgan Stanley banking salve
A lot of folks want to continue to believe that the banking system is in trouble
11/02/2013
Morgan Stanley Establishes Institute for Sustainable Investing
Institute to Drive Capital Toward Investments Supporting Global Sustainability and Advance Innovation and Scholarship to Broaden Market-Based Approach
10/23/2013
Lazard Profit Jumps As Asset Management Revenue Rises
Investment bank and asset manager Lazard Ltd reported better-than-expected quarterly earnings on Thursday
10/22/2013
Jamie Dimon Steers JPMorgan Through Rough Waters
“Complicating matters for the bank, Mr. Dimon is inextricably linked to the settlement,” the paper said. "With the government, he assumed the role of chief negotiator. And at the bank … he remains its chief cheerleader.”
10/22/2013
Jamie Dimon Steers JPMorgan Through Rough Waters
“Complicating matters for the bank, Mr. Dimon is inextricably linked to the settlement,” the paper said. "With the government, he assumed the role of chief negotiator. And at the bank … he remains its chief cheerleader.”
10/22/2013
Morgan Stanley Joins BofA in Broker Recruiting Truce
Morgan Stanley and Bank of America Corp. say the days of paying big bonuses to lure each other’s brokers and keep their own in place may be ending.
10/22/2013
Evercore Profit Beats Estimates as Advisory Revenue Climbs
Getting market share improvement from productivity enhancement is an encouraging thing
10/21/2013
Signature Bank Reports 2013 Third Quarter Results
Net Income for the 2013 Third Quarter Reached a Record $60.2 Million, or $1.25 Diluted Earnings Per Share, an Increase of $12.5 Million, or 26.1 Percent, from $47.7 Million, or $1.00 Diluted Earnings Per Share, Reported in the 2012 Third Quarter. Excludin
10/16/2013
Goldman Sachs Slashes Bankers’ Bonuses by 35%
Fixed income trading revenue plummeted 44%, far more than declines posted by its competitors.
10/14/2013
Citigroup profits fall as trading slows
Revenues of $17.9 Billion; $18.2 Billion Excluding CVA/DVA
10/12/2013
Bahrain Showcases Banking Sector in Washington
A Glittering Reception on the sidelines of the annual World Bank/IMF meetings in Washington DC successfully showcased Bahrain's banking and financial sector on 12 October.
10/10/2013
JPMorgan posts rare quarterly loss as legal expenses jump
JPMorgan Chase & Co reported a rare quarterly loss after incurring $9.2 billion in legal expenses
10/10/2013
Wells Fargo Quarterly Earnings Jump 13%
Wells Fargo reported a new record in profits
10/09/2013
Legg Mason Reports Assets Under Management For September 2013
Legg Mason, Inc reported preliminary assets under management of $656 billion as of September 30, 2013.
10/08/2013
Scotiabank Seeks to Boost Thailand Unit Profit Share by 38%
Scotiabank seeks to increase return on equity from its Thanachart Bank unit to the “mid-teens” in three to five years from about 11 percent to 12 percent now, he said.