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
Investment Banking
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
09/08/2017
JPMorgan creates joint venture for retail, internet banking
The move comes as large, traditional retailers, facing slow growth and shrinking market share, ramp up their digital investments.
09/08/2017
Bank of America Merrill Lynch receives top honors from The Banker magazine
This is the second time BofA Merrill has won Most Innovative Investment Bank, having also received The Banker’s top award in 2013.
09/06/2017
Meet 14 impressive investment banking analysts starting out in 2018
But ended up securing a full-time role in credit trading.
09/06/2017
Goldman Sachs suspends HNA work on due diligence concerns
US investment bank determines acquisitive Chinese conglomerate falls short of its standards
08/24/2017
12 impressive investment banking analysts starting their careers on Wall Street
Saania Malik is a graduate of Boston University’s Questrom School of Business, where she was a member of the finance and investment club
08/23/2017
Canadian bank to expand Dublin operations
The company already has a financial services presence here, employing two people.
08/21/2017
Canadian Imperial Bank Of Commerce Offers Great Value
The bank's high dividend and low valuation make it an attractive investment choice for a long-term investor.
08/17/2017
Since banking scandal, Wells Fargo advisers with more than $19.2 billion leave firm
Despite a trying year, the firm has said it will sweeten signing bonuses for veteran advisers
08/17/2017
Wells Fargo loses $140M father-son team to Stifel
Stifel and other regional broker-dealers have picked up a number of wirehouse advisors amid a recruiting pullback at three of the big firms: UBS, Morgan Stanley and Merrill Lynch.
08/09/2017
The CEO of a $2.4 billion investment bank explains what really keeps him up at night
Its stock is up 70% since its initial public offering in August of 2015, giving it a market cap of more than $2.4 billion.
08/07/2017
Goldman Sachs to sell stake in pensions firm
The transaction is expected to value Rothesay at about $GBP2 billion, although that figure is not expected to be disclosed, according to a source close to one of the shareholders.