06/12/2016
Discord at Canaccord: A struggling dealer looks to reinvent itself
Anyone who left in the next 12 months would be required to pay back the money in full.
Investment Banking
06/10/2016
US investment banks conquer Europe
Their commitment to staying in the business wins them clients and talented staff
06/10/2016
Why Is Wells Fargo Growing an Investment Bank?
Wells Fargo's presumptive heir apparent recently explained why.
06/09/2016
Sorry JPMorgan, smart guys still wear suits
Casual Friday has engineered a hostile takeover, but the suits will win again
06/07/2016
Canadian financial watchdog OBSI criticized for having no powers
Canadian couple loses $400,000 savings, had so little money left that they couldn't afford to sue
06/07/2016
Goldman Sachs under spotlight as US investigators probe bank over Malaysian fund 1MDB
The money was then transferred to the Singaporean arm of BSI, a small Swiss private bank, and half of it disappeared offshore
06/06/2016
JPMorgan relaxes office dress code to allow jeans and sneakers
“This reflects how the way we work is changing,” the company said in a memo.
06/06/2016
Bank of America App for Windows 10 and Windows 10 Mobile Released
Bank conveniently and securely with the Bank of America Mobile Banking app for U.S.-based accounts.
06/03/2016
BMO Expands U.S. Capital Markets Business With Acquisition
The move will help Toronto-based BMO, Canada's fourth biggest lender, double its U.S. M&A business, based on the number of deals.
06/03/2016
J.P. Morgan Asset Management expands Retirement Link
New tools geared at enhancing the enrollment experience include customized features unique to each plan and participant for helping plan sponsors communicate with plan participants in a more targeted and effective way.
06/03/2016
Bluefield's First Century Bank to merge with Moorefield WV bank
The transaction has been unanimously approved by each company’s board of directors and is expected to close late in the fourth quarter of 2016, pending regulatory approvals and the approval of First Century’s shareholders.
06/03/2016
Goldman Sachs slashes dozens of senior investment banking jobs in London, New York and Hong Kong
The cuts have hit employees in London, New York and Hong Kong, sources told Bloomberg.
06/03/2016
Baird partners with Brazilian investment banking firm
The initial focus of the alliance will be on mergers and acquisitions between Brazil and Europe, and Brazil and the U.S.
06/03/2016
Partnership of Hauck & Aufhäuser with J.P.P. Euro-Securities Inc. to expand business with institutional investors in the US
In order to ensure the best possible trade execution service to clients, all sales traders will be working during live hours of the European markets.
06/02/2016
JPMorgan sheds light on currency trade practice
The move comes less than a week after the Bank for International Settlements released a code of conduct for the industry.
06/02/2016
Goldman Sachs investment banking jobs tenuous
The bank eliminated dozens of managing directors, executive directors and vice presidents across the mergers and debt and equity capital markets teams, the people said, asking not to be named as the details aren't public.
05/31/2016
JP Morgan Cazenove loses blue-chip broking crown
The American banking giant, which merged Bank of America and Merrill Lynch at the height of the financial crisis, has picked up RBS and Tesco as clients in the past year.
05/31/2016
ICICI Pru Life appoints BoFA ML, ICICI Sec as lead bankers for IPO
The company, a joint venture between ICICI Bank and Britain's Prudential, plans to file its offer document with market regulator Sebi by the end of this year
05/27/2016
Ex-Credit Suisse Loans Trader Jankowski Joins Bay Crest Partners
Chris Callahan, who oversaw CLO and commercial mortgage-bond trading, left last year.
05/27/2016
BNY MELLON Named as Depository Bank by Gruppo Supervielle S.A. in First ADR Capital Raising of 2016 by Argentine Company
Each Grupo Supervielle ADR represents five class B shares and trades on the New York Stock Exchange under the symbol 'SUPV.'