09/07/2021
Huge junior banker bonuses haven't stopped private equity exits
Whereas previously London bonuses were 80% of salaries, and salaries for first year analysts were around £50k at top banks
Investment Banking
09/03/2021
Lynk Secures New Funding From UBS’s Investment Bank
“This strategic investment from UBS validates our conviction on the increasing need for expert access and digitization in the research process for investors and businesses,”
08/20/2021
Despite Increased Financial Awareness Due to Covid-19, Saving Continues to be a Major Challenge for Americans, TD Bank Survey Finds
More than 50% of the underbanked and unbanked communities are still saving less than $50 per month.
08/16/2021
U.S. banks walk tightrope of encouraging, but not mandating vaccines
JPMorgan Chase & Co and Goldman Sachs Group Inc have not mandated vaccines the same way
08/10/2021
Investment banks' bonuses to rise everywhere, with one exception
The very worst bonuses for 2021 are therefore likely to fall in the first three fixed income product categories.
08/10/2021
Houlihan Lokey Makes $595 Million Acquisition in Japan
“The acquisition of GCA will create one of the largest technology advisers in the world, one that more closely matches the size and importance of this sector in today’s global economy,”
08/09/2021
Strong jobs report is not a game changer for Fed policy, Wells Fargo suggests
Schumacher doubts the government will issue dramatic lockdowns, but he warns new constraints on movement would hurt economic activity.
08/09/2021
Jamie Dimon defends seeking full control of JPMorgan's securities business in China, says he's a 'patriot way before' CEO
The company's expansion in China comes at a time of heightened US tensions between Washington and Beijing and brought up concerns about national security, especially data privacy.
08/03/2021
Global Banks’ $170 Billion Haul Marks Most Profitable Year Ever
Banks with wealth and asset management units enjoyed buoyant equity markets as the world economy began to recover, aided by unprecedented government support programs.
08/02/2021
Top Credit Suisse investor backs board after scathing Archegos report
Harris Associates' David Herro said Credit Suisse is rapidly addressing 'deficiencies' highlighted in a recent report into the Archegos collapse
07/30/2021
Lazard Ltd Reports Second-Quarter and First-Half 2021 Results
“We are benefitting from investments in our people and technology, our global platform and strong macroeconomic trends, leading to unprecedented activity levels in our businesses.”
07/29/2021
The new Wall Street investment banking salaries, by bank
Guggenheim Securities is an anomaly as a small player among the bigger banks listed, but we've included Guggenheim's pay figures due to the comparative clarity on their salaries before and after the raise.
07/23/2021
BTG Pactual’s Timberland Investment Group Acquires Two Funds from Olympic Resource Management
The funds being acquired comprise approximately 110,000 acres of high-quality, diverse, SFI-certified timberland in the Pacific Northwest of the U.S.
07/18/2021
Nomura hikes junior pay to $100,000 as talent war heats up
Wall Street banks have hiked pay amid increasing competition for junior talent
07/15/2021
Jefferies and SMBC Group Announce Strategic Alliance to Drive Growth
Jefferies and SMBC Group to Collaborate on Future Business Opportunities to Enhance Value to Their Clients and Accelerate Strategic Initiatives
07/14/2021
TD Securities wins 'Canada's Best Investment Bank' in Euromoney's Awards for Excellence 2021
Most recently in June 2021, TDS was selected by the Government of Canada's Department of Finance as one of its two structuring advisors for its inaugural issuance of green bonds.
07/13/2021
Goldman Sachs posts Q2 earnings blowout, powered by investment banking
Goldman Sachs (GS) reported second-quarter earnings results on Tuesday that far exceeded Wall Street's expectations, driven by strength in investment banking.
07/06/2021
The new Wall Street investment banking salaries, by bank
Guggenheim Securities is an anomaly as a small player among the bigger banks listed, but we've included Guggenheim's pay figures due to the comparative clarity on their salaries before and after the raise.
07/06/2021
Citi’s strategy still evolving under new CEO
Does a bank have to be everything to everyone everywhere? Citi’s CEO Jane Fraser thinks not.
06/29/2021
Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs hike shareholder payouts
The bank also said it would increase spending on share repurchases, and the Wall Street giant’s shares rose as much as 3.7% in after-market trading following the announcement.