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Investment Banking

01/27/2016

Chase Bank to eliminate 135 jobs in downtown Milwaukee

The volumes have decreased and we no longer need as much staff as before.

01/25/2016

Investment Banking Site in the Italian Language Launched by InvestmentBank.com

Global private investment banking specialists launch a new site designed to match opportunities for Italian-speakers around the world.

01/22/2016

J.P. Morgan CEO’s 2015 pay package up $7 million

The total compensation is up from his 2014 pay package of $20 million though includes less cash and more in restricted stock.

01/22/2016

J.P. Morgan Wants Its Employees to Stop Working on the Weekend

100-hour work weeks are not unusual.

01/21/2016

Richard Abramson, AllianceBernstein Veteran, Dies at 70

The cause was multiple myeloma, a type of cancer.

01/20/2016

Morgan Stanley Cuts Its Way To Profitability As Compensation Tumbles 27%

Compensation at the bank fell 27% in the fourth quarter to $3.7 billion

01/20/2016

Morgan Stanley beats forecasts, girds for more cost cuts

Now Chief Executive James Gorman is focusing on ways to cut even more deeply, leaning on technology and increased outsourcing to cut another $1 billion in costs this year.

01/19/2016

Morgan Stanley sees 2016 global recession risk as high as 20 percent

A global recession is loosely defined as growth below the roughly 2.5 percent needed for the world economy to keep up with an expanding population.

01/15/2016

Morgan Stanley Heeds Investors With Cuts in Fixed-Income Division

The investor spoke on the condition of anonymity for fear of losing his access to the bank.

01/08/2016

Goldman fills vacuum in leveraged buyout market with $8 billion fund

Goldman’s GS Mezzanine Partners VI fund has taken advantage of the vacuum to be one of the most aggressive financiers of leveraged buyouts.

01/07/2016

Swedroe: Private Equity Not Worth Fees

He cites a recent disclosure by the California Public Employees’ Retirement System

01/07/2016

Robert H.B. Baldwin, Who Led Morgan Stanley’s Growth, Dies at 95

The cause was pneumonia.

01/06/2016

There is really only one area of investment banking you want to be in right now

Investment bankers working on mergers and acquisitions had an incredible 2015.

01/06/2016

How Goldman Sachs' most senior execs unwind

The series of posts comes as the bank takes strides to improve work-life balance for its e

12/31/2015

Jamie Dimon of JPMorgan Still Strong After 10 Years as Chief

Consequently, JPMorgan was able to invest in new branches and technology, including the introduction of new payments systems.

12/27/2015

Citigroup’s New Office Plan: No Offices

The wall-less workspace is meant to flatten hierarchies, something banks have traditionally been built on.

12/27/2015

There are 2 clear Wall Street winners in the year of the mega-deal

No other Wall Street bank cracked the $5 billion mark for investment-banking revenue.

12/22/2015

How Brazil’s Top Investment Banker Built, and Lost, an Empire

André Esteves charged into government businesses to fuel growth at BTG Pactual; dealings feature in investigations

12/21/2015

Nomura Said to Seek Stake in American Century for $1 Billion

The Japanese firm is seeking to expand its capabilities to sell products to pension funds and insurers, and enter private banking and retail markets in the U.S

12/18/2015

This JPMorgan memo shows the bank is 'aggressively' investing in blockchain tech and robotics

Blockchain is a name for the software underpinning bitcoin that uses complex cryptography and distributed ledgers

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