10/17/2016
US investment banking makes a comeback
Goldman Sachs and Morgan Stanley set to be vindicated for keeping faith in units.
Investment Banking
10/16/2016
JPMorgan, Citigroup and Wells Fargo Beat Analyst Estimates (JPM, C)
Three big banks benefited from trading profits thanks to Brexit
10/14/2016
J.P. Morgan earnings expected to decline in low rate environment
But equity issuance remained slow with the initial public offering market all but closed during the three-month period.
10/14/2016
Two River Community Bank Appoints Chief Retail Officer
Two River Bancorp New Chief Retail Officer, Appointed
10/12/2016
Deutsche Bank ranks No.1 in 2016 All-America Sales Team Survey
In Institutional Investor’s article, Bench pointed out that Deutsche Bank’s sales operation is attempting to communicate more effectively across its broader equity business.
10/11/2016
BNY Mellon Appointed as Depositary Bank by Banco Santander S.A.
BNY Mellon announced that it had been chosen by Banco Santander Brasil as depositary bank for its ADR program and by Banco Santander Chile as successor depositary for its ADR program.
10/11/2016
Wells Fargo Reshuffles Top Ranks, Rallying Around Its No. 2
Mr. Sloan’s boss, Mr. Stumpf, has been under heavy fire since the illegal acts came to light.
10/10/2016
Wells Fargo and ANZ test blockchain technology for correspondent banking
There are also delays in advising of fund disbursement.
10/07/2016
World Bank chief pleads for capital increase
The main focus for the bank is now on raising about $75bn for its donor-funded vehicle for low-interest loans to the world’s poorest countries.
10/06/2016
JPMorgan challenges HSBC for GCC bond crown as sales set record
Bond sales in the six-nation GCC rose to a record $44 billion in the first nine months of 2016
10/06/2016
Goldman-Backed Symphony Communication in Talks to Raise $100 Million
Instant-messaging startup had talks with Singapore wealth funds and U.S. private-equity firm General Atlantic
10/05/2016
Beltone Financial acquires 60% stake in NY-based brokerage firm Auerbach Grayson
Sawaris acquired the global investment firm's stake for 24m after Egyptian regulators blocked his acquisition of CI Capital for, what he said, were political reasons.
10/04/2016
Jamie Dimon on Wells Fargo: Cooler heads should prevail
We should all be careful about the statements being made right now.
10/04/2016
Investment banking fees drop a fifth in Americas year-to-date
In the Americas, fees fell 19 percent to total $32 billion, still over half the global pool.
10/03/2016
Goldman Sachs Group Inc. Position Raised by Nisa Investment Advisors LLC
Several other hedge funds have also recently made changes to their positions in GS.
10/02/2016
The swagger of US bankers has turned into a limp
US will ever regain behemoth status and must reluctantly learn to live in a new era of slow and low growth
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
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