07/25/2019
Piper Jaffray and Sandler O’Neill Announce Merger; Combined Firm to be Named Piper Sandler Companies
Merger Adds the Leading Financial Services Investment Banking Firm to the Growing Piper Jaffray Organization
Investment Banking
07/18/2019
NAIC and William Blair Join Forces to Strengthen Diversity in the Financial Services Industry
The partnership will enhance the scope of William Blair's participation with diverse-owned firms and capital allocators
07/17/2019
JPMorgan Chase posts $9.7 billion profit, beating estimates
JPMorgan is one of a trio of banks that reported their results on Tuesday, the others being Wells Fargo and Goldman Sachs.
07/17/2019
Wells Fargo's profit climbs despite CEO search, pressure from rates
The growth comes despite the fact that Wells Fargo has been missing a permanent CEO since the sudden resignation of Tim Sloan nearly four months ago.
07/17/2019
Goldman Sachs earnings slip in Q2
Net revenues were $9.46 billion for the second quarter of 2019, 2% lower than the second quarter of 2018
07/17/2019
Steve Cohen’s Point72 loses long-time hedge fund managers
At least five managers have left for rival Citadel, upsetting the billionaire hedge fund manager
07/17/2019
BofA considering subscription model for Merrill Edge
The company’s robo advisor added $1 billion in new client assets in the last three months, according to Bernie Clark
07/10/2019
Piper Jaffray buys rival investment bank
Merger Adds the Leading Financial Services Investment Banking Firm to the Growing Piper Jaffray Organization
07/09/2019
Wall Street Skeptical Of Deutsche Bank's Restructuring Plan
Deutsche Bank has been struggling to compete with other global investment banks and has been hounded by regulators in recent years
06/24/2019
Wells Fargo-Favored Mortgage Master Blend Raises $130 Million
Blend digitizes paper processes for more than 150 banks, including Wells Fargo and US Bank
06/11/2019
Wells Fargo selling majority stake in real estate banking giant
Wells Fargo will retain a minority ownership interest in Eastdil.
06/10/2019
JPMorgan and BAML raise most money for ‘contentious’ companies
First study to look at banks’ underwriting work through an ethical lens finds Wall Street banks have the least scruples
06/04/2019
Goldman sees growth in mass-affluent advising, corporate cash deposits
The firm has said it expects about $100 million in expense savings from using a home-grown product to manage its own cash.
06/04/2019
China International Capital Expands U.S. Investment Banking Advisory Business
Mr. Ahmed received a Bachelor of Arts in Economics from Vassar College
05/31/2019
William Blair Launches “THINKING”
Our Take on Trends that Matter
05/30/2019
Bank of Montreal profit up 20 per cent, despite hit from severance costs
Those earnings were weighed down by job cuts, as BMO’s quarterly results included a $120-million pre-tax severance expense for its investment-banking unit.
05/30/2019
After the bailout: Goldman Sachs wants to be America’s mass-market bank
The company is also reaching out to the working and saving masses through direct mail, print and video ads, and even billboards, reversing a long period in which, if you had to ask where Goldman Sachs was, you didn’t belong there.
05/29/2019
Piper Jaffray Companies Announces Sale of Advisory Research, Inc.
Piper Jaffray has also entered into a letter of intent to sell the remaining Advisory Research business to a partner group led by Matthew Swaim
05/28/2019
5 Major Investment Banks Fixed Forex Markets in Secret Chatrooms, Threatened Members
UBS is notably included in this new lawsuit.
05/20/2019
Why Goldman Sachs should buy Deutsche Bank
US group wants growth in transaction banking and a German deal could help achieve that