09/17/2015
American Dream Relocates to Bermuda, Says Fishman, Blaming Taxes
U.S. money-management firms including Oaktree Capital Group LLC and BlackRock Inc. have worked with industry veterans to start insurers offshore in the past year.
Investment Banking
09/17/2015
Why Goldman Sachs is replacing traders with coders
The use of Python in investment banking technology platforms has increased over the past couple of years.
09/17/2015
Morgan Stanley Unveils New Digital Sign at Times Square Headquarters
The sign includes content from the firm's recently launched socially minded ad campaign called Capital Creates Change
09/16/2015
BofA Merrill Lynch Fund Manager Survey Finds Global Economic Outlook Deteriorating on China, EM Concern
Contrarians will be noting the aggressive underweight positioning in emerging markets
09/15/2015
Bank of America Board Tenure Below Average
The Wall Street Journal reported on Monday that some investors want the longest-tenured directors at the bank to leave.
09/13/2015
Bank of America Vote Brings Out Broader Complaints
Investors press for broader changes to company’s board as contentious shareholder vote approaches on Brian Moynihan’s combined roles
09/11/2015
The Best Investment Banks To Work For
Each respondent assessed peer banks on a scale of 1 to 10 based on prestige, and ranked their own firms
09/11/2015
BMO Financial Group to Acquire General Electric Capital Corporation's Transportation Finance Business
The transaction will be funded primarily through existing balance sheet liquidity
09/10/2015
Goldman Sachs sees big money in used clothes
ThredUP has raised a new round of funding led by Goldman Sachs to take on eBay.
09/10/2015
Raising Capital with an Investment Bank: Firm Commitment and Best Efforts Offerings
Another agreement worth understanding is the standby commitment
09/09/2015
Flow of private equity deals in Florida slows
The lower volume of private equity deals doesn’t necessarily mean that the alternative lending source has dried up in Florida
09/09/2015
ISS Urges Shareholders Vote to Strip BofA CEO Moynihan of Chairman Title
Technically, investors will vote on whether to ratify bylaw changes to allow the bank to have a "lead independent director"
09/06/2015
Bank of America Board Under Fire for Combining Chairman and Chief Jobs
The move by the board last October angered some shareholders, who have said the positions needed to be remain separate to ensure better management.
09/04/2015
Bank of America to Use Advanced Approaches for Capital Requirements
The approach that yields the lower ratio is to be used to assess capital adequacy.
09/02/2015
Here's the letter Jefferies' CEO sent out after one of the bank's trading desks got hammered
A little has been written about one of our own trading desks and comparable desks at other firms.
09/02/2015
Bank of America Merrill Lynch Opens a New Office in Rio de Janeiro, Expands Reach in Brazil
Our expanded presence on the east coast is also a testament to our long-term commitment to serving clients in Brazil – and the wider region – with the full scope of our platform
09/01/2015
Investment banks outshine parent groups
Some of the returns are hard to compare because of the variability in the way banks allocate capital and expenses
09/01/2015
New patent helps RBC enter mobile-payment battleground
Mobile payments technology has emerged as a key battleground among banks and technology companies as consumers show a keen interest in using their smartphones as wallets.
08/31/2015
Citi aims to boost equities franchise amid industry shakeout
It will be tough to dislodge leaders such as Goldman Sachs Group, Morgan Stanley, and JPMorgan Chase & Co, that have long dominated the business.
08/31/2015
BNY Catches Up With Pricing Backlog
Bank says net asset values for funds complete through Friday