09/30/2016
Deutsche Bank’s Clients Take Steps to Cut Exposure
Some hedge funds have withdrawn securities or cash, or dialed back their trading activities
Investment Banking
09/28/2016
Hazeltree Adds J.P. Morgan Asset Management to LiquidityWeb Platform
The partnership with JPAM provides buy-side firms with a direct connection to J.P. Morgan money market funds and a range of safe, liquid, and yield-enhancing opportunities
09/26/2016
Bank of America plans to eliminate about dozen senior positions at its corporate and investment banking operations in Asia - Bloomberg, citing sources
Reductions will involve managing directors and directors
09/25/2016
Goldman Stays on Top for Commodities Amid Diminishing Revenues
Revenue at the 12 banks fell by a quarter to $2.2 billion from a year earlier on weak performances in energy and industrial metals
09/23/2016
There's a hot new posting for Wall Street bankers — and it's not Hong Kong or London
Bank of America, JPMorgan, and Citigroup have been taking steps to do more business with midsized companies in regional centers in the US
09/23/2016
JPMorgan tops investment bank table again, top five all U.S. banks
It fell to sixth place from third, allowing Bank of America Merrill Lynch to move up into the top five.
09/23/2016
Deutsche Bank shakes up U.S. investment bank ranks
Mark Fedorcik, becomes head of the U.S. corporate and investment bank for Deutsche Bank
09/19/2016
U.S. Bank jumps into gaps left by megabanks
Mpls. bank finds success through commercial lending.
09/15/2016
TD Bank to Buy U.S. Broker-Dealer
Canadian lender Toronto-Dominion Bank's capital markets division said it plans to acquire Albert Fried & Co, a New York-based broker-dealer, to expand its presence in the U.S. prime brokerage sector.
09/14/2016
$124 million payday for Wells Fargo exec who led fake accounts unit
The disturbing practices took place under the leadership of Tolstedt, who headed the community banking division of Wells Fargo for at least nine years.
09/13/2016
Bank of America investment banking on track for improvement in third quarter
The second quarter was much better than the first and the third quarter
09/13/2016
Business owner incensed as banks back away from marijuana industry
Scotiabank and the Royal Bank of Canada say they aren't providing accounts to companies associated with the marijuana industry
09/12/2016
Goldman Sachs in free software gambit
It calculates 23 billion prices across 2.8 million positions daily.
09/08/2016
Wells Fargo braces for penalty from regulators
Wells Fargo declined to comment on any discussions with regulators.
09/06/2016
Goldman Sachs managing director departs for trading role at Wells Fargo
He signed up to Wells Fargo in August, where he is a managing director working within its markets business.
09/06/2016
Scotiabank shelves TBank divestment
Scotiabank, Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank
09/05/2016
Falling revenues put pressure on top investment banks
Top 12 institutions face calls for radical action to boost income
09/02/2016
Fearing lawsuits, US banks set sky-high limits for director pay
Competitive pay can help lure qualified directors who otherwise would choose less time-consuming and highly scrutinised jobs, they say.
09/01/2016
Canada applies to join China-backed AIIB, latest US ally to apply
Ultimately it will be a "good thing" if Canada joins the AIIB, as it advocates for such governance, he added. Earnest said he was not aware of any U.S. plans to join the organisation.
08/31/2016
Evercore Announces Expansion of M&A Alliance with South Korea's NH Investment & Securities
The advisory alliance enables Evercore and NH to continue to capitalize on what we believe to be a positive long term trend driving cross-border M&A activity in Asia.