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Investment Banking

02/07/2017

As Goldman Embraces Automation, Even the Masters of the Universe Are Threatened

Software that works on Wall Street is changing how business is done and who profits from it

02/07/2017

RBC Global Asset Management Inc. announces January sales results for RBC Funds, PH&N Funds and BlueBay Funds

There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments.

02/03/2017

Update 1-Scotiabank to invest $1 billion in digital technology

Bank sees at least 70 pct of its customers banking online

02/02/2017

Ex-JPMorgan analyst largely cleared in U.S. of insider trading

The jury, following three days of deliberations, was hung on four remaining counts of insider trading and tender offer fraud.

02/01/2017

Goldman Sachs sells Nashville office buildings for $48 million

The deal is the Nashville area's largest office property sale this year after the Horizon Center in Brentwood changed hands for $20.85 million.

01/31/2017

JPMAM publishes 2017 long-term capital market assumptions

As a result, we're seeing tremendous interest from pension funds, sovereign wealth funds and insurance companies

01/31/2017

Evercore and Luminis Partners Strengthen Strategic Alliance

The two firms will continue to leverage their combined expertise and broad network of corporate relationships

01/30/2017

Fixed income rules the roost again at US CIBs

The banks made more of their overall profit from CIB than they had in 2015.

01/27/2017

Raymond James' profits buffeted by $30M in rising legal costs

The firm is preparing for implementation of the fiduciary rule and is also facing a lawsuit from an SEC-appointed receiver related to an alleged $350 million fraud scheme involving a Vermont ski resort

01/27/2017

Scotiabank seeks advantage over rivals with new fintech space

Scotiabank is accelerating that competitive fear

01/26/2017

GLC Advisors Strengthens Advisory And M&A Expertise

The team is thrilled to bring its reputation for excellence in execution and industry knowledge to GLC Advisors.

01/26/2017

Morgan Stanley Sees Asia Gains Shielding It From China Reversal

Clearly there is some uncertainty around policy that will create volatility in the region.

01/25/2017

Gary Cohn’s Goldman Exit Tops $100 Million

He leaves the Wall Street firm for a role in the Trump administration.

01/23/2017

Boutique advisers maintain appeal despite big bank criticism

With diverse roots and goals, independents have shaken up M&A landscape

01/20/2017

Volcker rule and Dodd-Frank are here to stay, and banks need to get used to it: Barclays CEO

I think is where the regulators want us to be.

01/20/2017

Wells Fargo Announces New Structure for Its International Business

This new structure simplifies our operations for the benefit of our customers.

01/20/2017

Western Alliance #4 on Forbes 2017 "Best Banks in America" List

Forbes also factored in nonperforming assets as a percent of assets, risk-based capital ratio and reserves as a percent of nonperforming assets.

01/19/2017

Sanctuary Wealth Services To Close Shop

The RIA service-provider's investors said it was time to shut it down after nearly eight years.

01/18/2017

Raymond James Financial Inc.: Raymond James and BBVA Compass form strategic alliance to expand lending and capital markets capabilities to real estate clients

The alliance will initially focus on real estate-sector clients, with the potential to expand to other sectors in the future.

01/18/2017

M&A Activity Sets New Record High In 2016

The fourth straight year, M&A activity in the wealth management industry set a new record high.

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