08/30/2016
Wall Street Giant Morgan Stanley Ditches European Buyouts
The Wall Street investment bank let go a number of its London-based executives last week, Sky News understands.
Investment Banking
08/29/2016
Goldman Sachs, Morgan Stanley Take a Tough Assignment: Reinventing Themselves
The banking giants turn to more basic banking businesses of deposits and loans for the middle class
08/29/2016
Deutsche Bank Sells Argentine Unit as Part of Overhaul Drive
The deal is expected to be closed in first half of 2017.
08/29/2016
Bank of America Pulls Out Of Money Market With New SEC Regulations
In many cases, money market accounts can be extremely volatile.
08/25/2016
J.P. Morgan Creates Executive Role to Lead Cloud Services
Bank talks with Amazon, Google, other cloud services ‘progressing’
08/25/2016
Goldman to Cut More Investment Banking Jobs in New York
To eliminate 15 additional jobs by the end of 2016
08/23/2016
Nomura to beef up US investment bank team
The firm anticipates rising volumes of mergers and stock offerings in the US, said chief operating officer Tetsu Ozaki, who is seeking bank execs to cover industries that include technology, consumer and pharmaceuticals.
08/22/2016
Bank of America Is Poised for a New Bull Leg
Near current levels, Bank of America should be considered a low risk buy.
08/22/2016
Bank of England may cut rates again in September: BAML
It depends on the data, but another rate cut next month is possible, reckons the US bank.
08/19/2016
Investment Banker Sues Jefferies, Alleges Pregnancy Bias
She said that ended her 11-1/2-year investment banking stint, and left her industrial sector group with 32 men and no women as senior vice presidents or managing directors.
08/19/2016
Bloated investment banking hiring not coming back
That has affected the levels of profitability at financial firms.
08/12/2016
Spain's Banco Popular considering sale of Miami unit -report
The Spanish lender could hire Deutsche Bank to handle the sale if it went ahead, Cinco Dias reported, without saying where it got the information.
08/09/2016
Scotiabank plans Taiwan exit as Asia revamp continues
An FSC spokesman confirmed that it had received notice from the bank of its intent to leave the market.
08/08/2016
RBA would "welcome" strong US jobs data, economists say
It pushed the market's pricing of an interest rate hike from the Federal Reserve from around a one in three chance to a near 50 per cent chance.
08/05/2016
JPMorgan Says Libor Probes Ended in U.S., U.K. After EU Penalty
The bank said at the time this concerned the conduct of two former traders during a one-month period in early 2007.
08/04/2016
One of the world's largest high-speed traders has 'opened up the kimono,' and it shows how Wall Street is changing
The partnership has broad significance for high-speed trading firms, investment banking world, US Treasurys market, considered the most important market in the world.
08/03/2016
Bank of Montreal opts for Kyc.com
Firms benefit from an industry led policy standard for KYC data quality and completeness as well as lowered costs and simplified processes.
08/03/2016
JPMorgan boss: 'What we want is to keep our jobs in London'
'We're not threatening anything'.
08/02/2016
UBS sees outflows from LatAm clients as tax regulations bite
As the emerging market countries implement their own amnesty programs, we will help manage our clients through those programs.
08/01/2016
No end to Deutsche Bank’s problems: new litigations in the US and frailty in EU stress test
Apart from the problems the largest German lender has in relation to its crumbling credit worthiness and disappearing profits, new ones were added last week.