04/27/2015
Investor groups go after US banks’ generosity
They claim outsize payments are going to officials who quit to join the government
Investment Banking
04/27/2015
RBS Agrees to Sell Another Batch of Company Loans to Mizuho
The portfolio consists of $5.6 billion in commitments
04/24/2015
Goldman's Pac Life purchase to boost assets by $US18b
Goldman Sachs Asset Management announced today it has entered into an agreement with Pacific Life Insurance Company to acquire Pacific Global Advisors
04/23/2015
Wells Fargo Exits U.S. Retail Electronic Equity Market Making
Competition has actually been ratcheted up lately
04/21/2015
Houlihan Lokey significantly strengthens due diligence services with new hires
Houlihan Lokey, the international investment bank, today announced three additions that significantly expand financial services coverage within its Due Diligence Services practice in Financial Advisory Services
04/20/2015
Banks see talent flee amid health care mergers and acquisitions boom
JPMorgan Chase & Co and Bank of America have both lost senior health care investment bankers
04/20/2015
What GS, JPM, MS, BAC and C say about your banking job in 2015
So, you want to work for a US investment bank? Or, you already work for a US investment bank and want to continue doing so for the foreseeable future.
04/17/2015
Bank of America Merrill Lynch teams up with EidoSearch Predictive Analytics
Bank of America Merrill Lynch selects EidoSearch as a premier partner
04/16/2015
The growth of global wealth
INSITE 2015 will feature nearly 40 sessions to provide attendees with actionable ideas and steps to navigate the industry's emerging trends around technology, regulation and practice management
04/15/2015
Canada actively considering joining China-led Asia bank
A senior Canadian finance official revealed the stance to reporters ahead of meetings in Washington of the Group of 20 leading economies, saying Ottawa welcomed the idea of a new Asian infrastructure investment bank.
04/14/2015
Wells Fargo wades into investment banking
New frontiers offer the prospect of higher growth
04/14/2015
Beukelman and Dworak of UBS named top advisors
This marks Dworak's 6th and Beukelman's 5th consecutive year on the Barron's list.
04/14/2015
Bank of America tightening its belt
Bank of America will report its first-quarter figures on Wednesday 15 April
04/13/2015
Top investment banks where people stick around. Top investment banks where they don’t
Based on historic trends, it therefore looks like Goldman, Credit Suisse and Deutsche are the places to work
04/12/2015
General Electric to Dismantle Banking Business
General Electric on Friday announced plans to dismantle its GE Capital financial services arm and focus on its industrial businesses, saying that as part of that plan it has reached a deal to sell its real-estate assets for $26.5 billion.
04/09/2015
JPMorgan CEO defends bank size and breadth of product offerings
The threat of additional regulatory and legal costs being imposed on the company are holding down the value of JPMorgan stock
04/09/2015
JPMorgan unleashes algorithms to pinpoint rogue employees
Wall Street traders are already threatened by computers that can do their jobs faster and cheaper
04/09/2015
A Rich Day for Banks Advising on Big Merger Deals
The acquisition of the BG Group in particular — the biggest deal so far this year — will bolster the fortunes of the three firms involved
04/09/2015
Hedge fund says BNY Mellon is 'bloated' with 10,000 excess staff
Activist hedge fund Marcato Capital Management on Tuesday said BNY Mellon Corp's employee base is "bloated" and disproportionately larger than its rivals
04/09/2015
Dimon’s letter to investors – the key takeaways
In a crisis, weak banks lose deposits, while strong banks usually gain them.