03/13/2017
JP Morgan shuffles custody fund services team after BlackRock deal
The three will also continue in their roles as global head of trading services.
Investment Banking
03/12/2017
2 former JPMorgan execs face lifetime ban for hiring kids of China's elite
Authorities want to permanently ban two former JPMorgan Chase executives from the banking industry
03/09/2017
Bank of America Merrill Lynch Named Global Bank of the Year for Payments and Collections
BofA Merrill was especially strong in the Payments & Collections category.
03/08/2017
Canadian financial giant aims to build Middle East business
Canaccord Genuity says also in talks about potential investments in Saudi Arabia, the UAE and India
03/08/2017
HSBC Sells US Residential Mortgage Loan Portfolio For USD1.50 Billion
HSBC said the sale was part of an ongoing reduction of its US consumer mortgage loan business, in line with its strategy to sell "substantially all" of HSBC Finance Corp's residential mortgage loans.
03/05/2017
Goldman Sachs to move risk managers into independent unit -sources
Goldman's new structure will not change much about the way risk managers operate, but will offer the operation new prominence, sources said.
03/03/2017
American bank profits are higher than ever
The American banking system has certainly come back from the financial crisis.
03/02/2017
Citi Named Placement Agent of the Year by Private Debt Investor
“We strive to continue providing strategic value and deepening relationships with both our institutional allocator and fund manager clients.”
03/01/2017
Seabury Capital and Paul F. Richardson Associates Create Global Maritime Advisory and Investment Banking Offering
New Entity Offers International Client Base End-to-End Solutions with Strategic Industry Advisory and Investment Banking Services
02/28/2017
The best European banks to work for on Wall Street
If Barclays is low on capital in the U.S., it is at least profitable.
02/23/2017
Big banks rack up $6.4 billion in ATM and overdraft fees
Despite public outcry, banks show no sign of scaling back on fees.
02/23/2017
Bank of America first to launch Zelle P2P payments
Bank of America's launch comes as it celebrates the tenth-anniversary of its first mobile banking application back in March 2007.
02/22/2017
Wall Street challenges U.S. regulator over proposed commodities rule
It is unclear how he or the new Congress will approach various rules.
02/22/2017
This investment bank expanding on Wall Street has just made another senior hire
Three months on from this announcement, senior bankers are coming through the door at Rothschild.
02/22/2017
B. Riley Financial to Acquire FBR & Co. to Form Dynamic Financial Services Firm with Unmatched Capabilities
The combined firm will enjoy an increased capital base as well as meaningful revenue and expense synergies.
02/21/2017
US equity firm closes in on purchase of Portuguese bank
The negotiations have been conducted in secret.
02/21/2017
Crédit Agricole CIB Implements Orchestrade for Trading and Risk
Crédit Agricole CIB is the first major bank to replace its trading and risk legacy systems with Orchestrade.
02/21/2017
Fourth Quarter Plan Sponsor Returns Stay Positive with U.S. Equity Continuing to Lead the Way, according to BNY Mellon U.S. Master Trust Universe/Asset Strategy View(SM)
Fifth straight quarter in the black; Approximately two-thirds of plans posted positive results
02/20/2017
A top Wall Street bank is looking for the next generation of dealmakers
The bank has historically been strong in Asia and in its home continent of Europe, but the US is a tough market to crack.
02/20/2017
Huge payday for Bank of America CEO
The firm also has not achieved its 12% target for return on tangible common equity.