05/19/2017
Merrill’s Aversion To Big Recruitment Bonuses
Merrill’s shift in strategy was serendipitous for smaller brokerages planning on growing in 2017.
Investment Banking
05/18/2017
Argentina applies to join China-led AIIB investment bank
The move comes days after Brazil drastically reduced its capital stock in the AIIB due to domestic financial pressure.
05/18/2017
Morgan Stanley Investment Management Raises Over $125M for Global Impact Fund
The fund is managed by AIP Private Markets, the private markets solutions team within Morgan Stanley Investment Management.
05/12/2017
Goldman reshuffle is an effort to shore up its core business
Bank’s partnership ethos is why it believes three co-heads are better than one
05/09/2017
Who's in Charge After Goldman's Investment Bank Management Shakeup
The appointments preserve the three-person leadership structure for Goldman's investment-banking business after one of its co-heads, David Solomon, was promoted to co-COO of the entire company when Gary Cohn left to take a job in President Donald Tru
05/08/2017
Morgan Stanley's decision to cut Vanguard funds likely due to DOL fiduciary rule
Because of the fiduciary rule, broker-dealers are looking to have level compensation across their platforms
05/02/2017
Barclays and Professor Robert Shiller Launch New Family of Equity Value-Based Indices
The indices have been well-received by investors, with significant investment in products tracking them.
04/27/2017
Lazard Ltd Reports First-Quarter 2017 Results
First-quarter 2017 net income on a U.S. GAAP basis was $108 million
04/26/2017
French investment fund Selects BNY Mellon and FundVantage to Provide Mutual Fund Services
"BNY Mellon and FundVantage have combined to provide the full array of services and scale for TOBAM to launch in the U.S. 40 Act marketplace."
04/26/2017
China banks miss out on U.S. investment banking bonanza
What is holding the banks back is the way Beijing controls the top lenders to manage the supply of credit to the Chinese economy.
04/26/2017
Bank of America eyes space in Dublin in advance of Brexit
Wall Street bank seeks space capable of accommodating hundreds
04/21/2017
Citi's on the Road to Rehabilitation
It's recapitalized and refocused under new management: the perfect conditions for a turnaround.
04/20/2017
J.P. Morgan preparing to accommodate 1,700 more hipsters in NYC. You know you’re not in banking when…
Such is its eagerness to create a hipster technologist paradise, that J.P. Morgan has created more of a hipster technologist parody.
04/19/2017
Bank of America sees profits climb
As well as this the firm said profits for its global banking unit were $1.7bn in the period.
04/19/2017
Goldman fintech revolution can't come fast enough
Disappointing fixed-income, currency and commodities trading was a big part of the problem.
04/18/2017
In rare fumble, Goldman stuns Wall Street with weak trading
Goldman's unusually large exposure to commodities trading also hurt its fixed income business.
04/13/2017
Investment banks' revenues look set to soar as Trump mulls regulatory relief
S&P Global Ratings says banks could benefit as US and EU authorities pull back from stringent regulations.
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.
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