10/17/2017
Investment banking drives Goldman Sachs earnings higher
The market had expected that Goldman’s FICC business would struggle to match a Brexit-boosted period a year earlier.
Investment Banking
10/13/2017
Goldman Sachs to buy mortgage lender Genesis Capital
Goldman is grappling with ways to boost revenue as trading.
10/11/2017
BofA Signs Lease for Paris Trading Hub Ahead of Brexit
Lender said to rent 100,000 square feet near Arc de Triomphe
10/10/2017
Goldman Becalmed in Asia
The outperformance of universal banks reflects their advantage in trading fixed-income products for companies, as opposed to the hedge funds and other institutional investors that are the preserve of Goldman.
10/03/2017
Global investment banking fees at 10-year high
Barclays was the best performing European bank, bringing in $2.6 billion.
10/02/2017
JP Morgan and BNY Mellon partner with IHS Markit for reporting service
JP Morgan, Deutsche Bank and BNY Mellon are among six banks working with IHS Markit as design partners for new reporting tool.
09/28/2017
BNY Mellon and Hazeltree Launch Treasury and Cash Management Solution
The initiative delivers BNY Mellon's full suite of cash, treasury and custody services through Hazeltree's advanced treasury management technology.
09/27/2017
BNY Mellon Leaders Recognized by American Banker as 2017 Most Powerful Women in Banking
They are each tackling tough business challenges and helping transform BNY Mellon.
09/27/2017
BofA Seeks Paris Office for Post-Brexit Trading Space
Bank of America initially plans to locate around 300 employees in the space which could accommodate about 1,000 people, they said.
09/27/2017
BNY Mellon launches US fund
"We aim to deliver consistent long-term investment returns well within our clients' risk profiles.”
09/24/2017
MUFG puts ‘boots on the ground’ in Canada capital markets bid
What we’re in the midst of now will be proverbial boots on the ground.
09/22/2017
Goldman Sachs slumps to its worst ever position in IB ranking
Fixed income trading woes relegate bank to joint third, its lowest since tables began
09/20/2017
Bank of America Merrill Lynch reshuffles European leadership
The American banker, who is a naturalised Briton and received an OBE for services to British banking, won plaudits for running UK Financial Investments, the body set up after the financial crisis to manage the government’s banking stakes.
09/19/2017
Jefferies' profit rises on healthy M&A, debt and equity deals
Despite posting record net revenue for the quarter, Jefferies’ trading revenue fell a 7 percent, hurt by lower volatility during much of the quarter.
09/18/2017
Baird poaches two wirehouse advisors with $325M in AUM
He joins Baird’s Nashville, Tennessee office, and previously worked with Wells Fargo, per BrokerCheck.
09/13/2017
Goldman details $5 billion revenue growth plan amid investor questions
The plans represent a marked shift for a firm that historically has given its shareholders little information about how it makes its money.
09/12/2017
Morgan Stanley to make first close of $400-500 million next month
This fits in with the government's drive to upgrade India's creaking infrastructure as part of its overall economic revival programme and will help in securing money for asset creation.
09/11/2017
Morgan Stanley and Wells Fargo FAs Jump to Ameriprise
Blender says he came to Ameriprise for their “unsurpassed” focus on financial and advance planning.
09/10/2017
Barclays’ email raises questions on banks’ ‘no-poach agreement
US regulators examining whether UK bank promised JPMorgan it would not hire its staff
09/08/2017
UBS to Launch Sustainable Investing Indexes
For added impact, a percentage of revenues from the indexes will fund charitable environmental and social causes