04/13/2017
JP Morgan earnings smash it again as investment banking takes off
JPMorgan reported earnings per share of $1.65 on revenue of $25.586 billion.
Investment Banking
04/12/2017
Investment banks to see 10% boost in revenues – S&P
Citigroup and JP Morgan kick off the Q1 earnings season for Wall Street’s biggest banks this week
04/11/2017
NMS Capital Advisors Ranked Among Top Investment Banks by Los Angeles Business Journal
It’s an honor to be listed in the LABJ
04/07/2017
Wall Street powerhouse wants to eviscerate Wells Fargo
ISS’ recommendations are significantly harsher than those of Glass Lewis, a rival proxy advisory.
04/07/2017
Merrill Lynch to push for younger advisers in its thundering herd
Industry-wide, around half of adviser trainees drop out before finishing the programs.
04/05/2017
Wells Fargo publishes open letter to customers; seeks to rebuild trust
The letter precedes a new Wells Fargo brand campaign, “Building better every day,” that is set to debut April 17.
04/05/2017
Machine learning is now used in Wall Street dealmaking, and bankers should probably be worried
Trading has already seen heavy automation and the job cuts
04/05/2017
Chase Spent $600 Million on Fintech Deals in 2016
Chase will continue to innovate with fintechs
04/05/2017
Merrill and UBS Take Cue from RIAs
Recent changes at Merrill and UBS suggest they’re trying to recreate the indie experience.
04/05/2017
BofA downgraded by Citi after post-election rally
The bank’s shares have rallied by almost 40 per cent since the November election amid expectations that BofA would benefit from an expected uptick in economic growth prompted by Donald Trump’s pro-business policies and rate rises by the Federa
04/04/2017
Raymond James Riles Some Recruiters with Pay Policy
The policy has nevertheless spurred predictable outrage from affected recruiters, even as it draws applause from executives at other brokerage firms.
04/04/2017
Bank Of America Looks To Roll Out The Robo-Branch
I don’t believe analysts who say the branch is dead.
04/03/2017
US-based investment giants revise up Turkey's growth forecast
Another U.S. investment banking giant, JPMorgan Chase, also announced that they would revise Turkey's growth forecast for 2017 from 1.8 percent to 2.6 percent.
03/31/2017
Mizuho eying as much as 350K sf at Rockefeller’s 1271 AoA
US arm of Japanese banking giant may consolidate Midtown offices
03/31/2017
Private investors have cash — and strict criteria — for US infrastructure projects
The United States is still considered an "emerging market" for public-private partnerships, referred to coloqially as "P3s," according to PWC.
03/30/2017
Testing the Protocol, Merrill Sues Team Members Who Left with Client Data
Since Doria was a private wealth relationship manager and Casuscelli a financial analyst, neither was protected under terms of the protocol that applies to brokers only
03/30/2017
Goldman, Lazard China Dealmakers Decamp for Buyout-Fund Upstarts
Carlyle Group LP Managing Director Alex Ying left the firm in January after two decades to set up Rivendell Partners
03/30/2017
The Future Of Financial Advice And Wealth Management
Calcagni’s firm completed six acquisitions of smaller advisory firms in the last six months.
03/30/2017
BAML restructures brokerage business
Merrill Lynch's divisions will be cut from 10 to six, meaning executives will either have expanded remits, move roles or leave
03/29/2017
Banks That Sold Snap IPO Say It's a Buy
Almost everyone at Bank X went all-out to make sure that the offering was a success.