04/04/2016
Wells Fargo to focus on eye scanning technology
The reality developed by Wells Fargo is more prosaic: a quick glance at a smartphone camera on a “selfie” setting.
Investment Banking
04/03/2016
Citigroup to do more lending in emerging markets
Corporate banking, which loans money to large companies and sells the wider investment bank’s products and services, has had a tough start to 2016 as client activity was stifled by bad markets, poor Chinese growth, low interest rates and low oil pri
03/30/2016
Wells Fargo plans quiet assault on Wall Street from glass tower
As Wall Street remakes itself on a former rail yard in the far west of Midtown Manhattan, one surprising name is leading the way.
03/23/2016
Mr. Wenzel comes to Cohen & Steers from Ascensus, the largest independent retirement and college savings services provider in the United States
Raises bank’s giving total in Louisiana to $36 million since 2005
03/23/2016
Malaysia 1MDB Scandal: US Investigators Probing If Goldman Sachs Misled Bondholders
American investigators probing the Malaysian state-run fund 1Malaysia Development Bhd are looking into whether Goldman Sachs Group Inc.
03/21/2016
Donald Trump Owes At Least $250 Million to Banks
Republican presidential candidate's creditors mostly are small firms
03/21/2016
New BNY Mellon leader aims to calm the rocky ride
Mitchell Harris, no stranger to firm, must find room for growth
03/21/2016
High heels and boxing gloves: a portrait of female professionals
A second is in astonishingly high heels and clad in black.
03/21/2016
Morgan Stanley Chases Millionaires' Cash With Free Platinum AmEx
The effort is part of Chief Executive Officer James Gorman’s post-financial crisis transformation of the investment bank to rely more on retail businesses.
03/20/2016
Brazil's Agnelli, who turned Vale into top miner, dies in crash
Emergency services said the pilot and six passengers were killed in the crash.
03/20/2016
US firm William Blair aligns with Allier Capital
The duo have agreed to a formal strategic alliance which will see them primarily work together on cross border merger advisory mandates but will also delve into other areas including US floats and private placements.
03/16/2016
UBS to cut around 300 investment banking jobs: sources
In January, Barclays said it would cut 1,000 investment bank staff on top of some 7,000 job losses already announced.
03/16/2016
KeyBanc Expanded Its PE Business Significantly, Racking Up Investment Bank of the Year
The bank made it a priority to work with sponsors, and it paid off, says managing director Paul Schneir
03/16/2016
Trading at investment banks turns grim
The calendar may say Wall Street’s busy season is well under way, but for bank traders, it still feels like a chilly December.
03/15/2016
Bank of America Said to Dismiss Bankers in Brazil, Chile Units
Bank of America is also closing its onshore equities operations in Chile where the seven employees worked, the people said.
03/14/2016
Notorious banker returning to Wall Street
She also alleged that Kelly — earning $7 million a year — had sex with a colleague’s wife in their Sag Harbor pool
03/14/2016
Rajat Gupta: Former Goldman Sachs board member jail term ends
Gupta completed the last two months of his jail term at his home in Manhattan, after being released in January from a correctional facility.
03/14/2016
Goldman Sachs Australia's new 'Zoolander' investment banker storms New York
Perzi was certainly impressed with his own performance.
03/11/2016
JPMorgan said to cut credit traders amid emerging-market swings
The reductions are being compounded by defections.
03/09/2016
Citigroup markets, investment banking revenue slow: CFO
Citigroup Inc first-quarter markets revenue is running 15 percent lower than a year earlier and its investment banking revenue is off by 25 percent, Chief Financial Officer John Gerspach said on Tuesday.