12/04/2015
Eight big American banks' ratings cut by Standard and Poor's
Bank of New York Mellon, State Street and Wells Fargo were also cut a notch, to A, while JP Morgan went down to A-.
Investment Banking
12/04/2015
JPMorgan defeats London Whale shareholder lawsuit in U.S.
JPMorgan suffered losses in its chief investment office because of derivative bets by Bruno Iksil
12/03/2015
Citigroup's Bonus Pool Probably Won't Get Smaller
Citigroup and other global banks have faced a year of high volatility as U.S. stock markets faltered and swings in the Chinese markets
12/03/2015
JPMorgan and Goldman Sachs lead 2015 investment banking revenues
“JPMorgan and Goldman Sachs lead 2015 investment banking revenues” is categorized as “business”.
12/03/2015
JPMorgan, BofA, Citigroup Among Eight U.S. Banks Cut by S&P
The Federal Reserve approved a rule in October that will require large U.S. banks to hold a stockpile of debt that can be converted into equity if they falter -- a key part of regulators’ efforts to avoid another financial crisis.
12/02/2015
Exclusive: Barclays' boss wants Blythe Masters to run investment bank - source
Staley spoke to Masters about joining the bank late next year
12/01/2015
J.P. Morgan Hired Friends, Family of Leaders at 75% of Major Chinese Firms It Took Public in Hong Kong
Program known internally as ‘Sons and Daughters’ ran from 2004 to 2013
12/01/2015
JP Morgan leaves bonus pool unchanged from 2014 - Bloomberg
Bankers in Europe too face a cut in bonuses as tougher rules force a change in pay structure.
11/30/2015
Boston-based investment bank is being sold to Spanish firm
The Spanish company wants to use C.W. Downer’s office on State Street in Boston as a springboard to expand throughout the US.
11/27/2015
Barclays new CEO faces stress test on first day
That was made even clearer this week when Barclays was hit with its seventh fine in the past six years
11/26/2015
The rise of the freelance investment banker
Instead, investment bankers are parachuted into freelance assignments that can last anything from two weeks to six months.
11/25/2015
J.P. Morgan Warns It Could Unplug Quicken and Quickbooks Users
If customers don’t act by Feb. 15, 2016, the bank said they won’t be able to access their bank-account information
11/24/2015
Middle-market muscles in on investment banking fees
Barclays, which looked like it was scaling back in investment banking, appointed a new chief executive in October
11/19/2015
BNY Mellon Selected by Anglo American plc for its Sponsored Depositary Receipt Program
BNY Mellon now serves as depositary bank for over half of all sponsored ADRs for U.K. companies
11/18/2015
JPMORGAN: We love the business that is hurting the rest of Wall Street
It's a relatively expensive business to run and if you have scale, you can make it profitable.
11/17/2015
US private equity group KKR to acquire a majority stake in investment bank Avendus Capital
The proposed deal — a combination of new shares and exits — will be worth around $100 million and the founders will continue to remain at the helm
11/17/2015
Piper Jaffray Agrees to Acquire Energy Investment Bank
With over 170 investment banking, sales & trading, equity research and private equity professionals, the firm’s broad range of coverage spans the entire energy spectrum, including energy services & equipment, exploration & production, mi
11/12/2015
Exclusive - Morgan Stanley turns to stodgy bank accounts to boost profit
The bank has offered checking accounts and credit cards for years, but it is launching more consumer banking products and giving brokers bonuses if clients use them.
11/11/2015
Barclays rolls out Specs portal to US equities clients
Clients can also request a printable report of their profile settings.
11/09/2015
Stifel To Acquire Eaton To Build Private-Equity, Hedge Fund Ties
The purchase will help Stifel expand its investment-banking and wealth-management operations