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
Investment Banking
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
08/30/2015
BofA investors to vote on Moynihan roles
Several big investors seem poised to vote against the recombining of the roles.
08/27/2015
First Data chooses Citigroup, Morgan Stanley to lead IPO
The initial registration statement that was filed on July 20 did not list which banks would underwrite the issue.
08/25/2015
BTG Pactual Chile Cuts 10 From Wealth-Management Unit Workforce
We did an adjustment in the wealth-management unit in order to fortify our regional composition and to update our structure for the integration with BSI
08/24/2015
Wells Fargo plans to hire investment bankers
The bank would like to add a few investment bankers in equities underwriting, as well as others who call on technology and healthcare sector companies
08/18/2015
The Hot Thing for Wall Street Banks: Capital-Relief Trades
Tactic flatters their capital positions without raising extra funds
08/18/2015
KPMG Corporate Finance Adds Energy Practice From Investment Bank Ewing Bemiss & Co.
This energy industry addition follows the June 2014 acquisition of St. Charles Capital by KPMG CF.
08/18/2015
J.P. Morgan Expected to Settle With SEC on Investment-Steering Case
Settlement could be announced in coming weeks