11/13/2017
BNY Mellon to merge units to create $560bn fund powerhouse
There have been a smattering of big combinations recently.
Investment Banking
11/12/2017
Wall St titans poised to grow in China after frustrating era
In contrast, Morgan Stanley increased its stake in a partnership with Huaxin Securities to 49% earlier this year
11/09/2017
Goldman Sachs and China Investment Corporation Establish $% Billion Fund to Invest in United States Companies
Goldman Sachs, through its Merchant Banking Division, will act as the sponsor and investment manager for the Cooperation Fund.
11/09/2017
Piper Jaffray Announces a 20% Increase in Quarterly Dividends and a New Annual Special Dividend
We will continue to pursue both organic and strategic opportunities that we believe make sense for our company and shareholders.
11/08/2017
JPMorgan chiefs warn May of French Brexit raid on City jobs
Jamie Dimon emerged from talks with Theresa May with more "clarity" over the UK's post-Brexit plans for the City, Sky News learns.
11/06/2017
Dangling 30% Raises, European Banks Are Hiring From U.S. Rivals
European Investment Banks Are Back In The Hiring Game
11/05/2017
This Bank Has Tripled in Size Since the Financial Crisis
No other megabank has grown faster.
11/02/2017
A unit at Goldman Sachs has quietly been crushing it — and is poised to become 'a much bigger business'
Goldman Sachs, known for flashy deals and fixed-income trading, is making gains in debt capital markets.
10/27/2017
No Brexit upside' Bank of America CEO lets RIP at Britain's 'bad decision' to leave EU
Bank of America CEO Brian Moynihan claimed nothing good could come from Brexit as uncertainty put a strain on companies.
10/27/2017
The former head of equities for Americas at BNP Paribas now running rent-to-own property firm
This is a marked change for Innes who has worked in equities sales and trading roles in both large investment banks and buy-side firms over the course of a 25 year investment banking career.
10/27/2017
As Trump tax comes to floor, failure could spell stocks selloff
Bank of America Merrill Lynch said that a positive boost from taxes “had been priced out of stocks” in July but “has been making a solid comeback.”
10/27/2017
Independent investment banks dwarfed by big banks
DBRS said the ability of these banks to recover any lost market share is restricted by inconsistent profitability and weakening credit fundamentals.
10/25/2017
Goldman plans private equity expansion to help offset trading funk
It is one of several initiatives Goldman has launched to add $5 billion to annual revenue after a slump in bond trading.
10/25/2017
Goldman Sachs is looking to invest in high-growth startups outside of Silicon Valley
Goldman Sachs, like many Wall Street banks, has seen its trading revenues decline in recent quarters.
10/19/2017
Japan's Mizuho Combining US Banking, Trust Banking Units
Mizuho Financial Group Looks To Consolidate U.S. Banking And Trust Banking Units
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.
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.