09/02/2016
Fearing lawsuits, US banks set sky-high limits for director pay
Competitive pay can help lure qualified directors who otherwise would choose less time-consuming and highly scrutinised jobs, they say.
Investment Banking
09/01/2016
Canada applies to join China-backed AIIB, latest US ally to apply
Ultimately it will be a "good thing" if Canada joins the AIIB, as it advocates for such governance, he added. Earnest said he was not aware of any U.S. plans to join the organisation.
08/31/2016
Evercore Announces Expansion of M&A Alliance with South Korea's NH Investment & Securities
The advisory alliance enables Evercore and NH to continue to capitalize on what we believe to be a positive long term trend driving cross-border M&A activity in Asia.
08/31/2016
Canada to apply for membership in Asian Investment Bank
The AIIB is China's new $100bln bank initiative.
08/30/2016
Wall Street Titans Reboot
The moves have surprised many and suggest capital-markets businesses have reached a turning point.
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.
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.