03/29/2015
Dodd of UBS Helps Big Investors Pick Managers
W. Earle Dodd, a grandnephew of the pioneering value investor, helps a small number of institutions pick managers and cope with low-yielding times
Investment Banking
03/26/2015
Biggest Banks Absent From Biggest Deal of Year
The merger of Kraft and H.J. Heinz will create a company with a market value in excess of $75 billion
03/26/2015
Ziegler Closes $63 Million St. James Place Financing
This transaction will convert their shorter-term bank
03/26/2015
Grupo Ficohsa Agrees to Buy Citigroup’s Businesses in Nicaragua
Grupo Financiero Ficohsa SA agreed to buy Citigroup Inc.’s businesses in Nicaragua
03/25/2015
Fees paid to Goldman Sachs to manage 1MDB’s bonds ‘appropriate’, says Najib
The bonds were for 1MDB Global Investment, 1MDB Energy and 1MDB Energy (Langat) Limited.
03/24/2015
Former Citi boss Vikram Pandit says a loss of trust in big banks means the time is right for fintech start-ups
Investment banking veteran Vikram Pandit, who famously took a salary of $1 a year at Citi after a bailout by US taxpayers, has re-emerged as an investor in financial technology start-ups
03/19/2015
Citigroup Points to Problems With Stress Test, Mexico Unit for CEO’s Pay Cut
Michael Corbat gets $13 million in pay for 2014, down from $14.5 million in 2013
03/18/2015
Deutsche Asset & Wealth Management Issues 2014 Real Estate ESG Strategy Update
Deutsche AWM’s real estate investment business continues to sharpen its approach to ESG implementation after 10 years
03/18/2015
Citi to quit Argentina custody business
Citibank said it will quit the custody business in Argentina
03/17/2015
Goldman Predicts Growth in Asset-Management Unit Will Exceed 10%
Five different people ran the division in the span of 12 months.
03/17/2015
Major US allies to join China-backed AIIB bank
Against the advice of the US, several European nations have decided to join the China-backed AIIB development bank. Washington had expressed concern over funding transparency and competition for the World Bank.
03/16/2015
Gov’t warns Citibank it could lose its licence
The Economy ministry is warning Citibank that it could lose its licence in the country if it follows the order of US Judge Thomas Griesa
03/13/2015
SocGen corporate & investment banking takes equity stake in Eris Exchange
It will also provide streaming electronic markets in the coming months.
03/12/2015
Univision hires Goldman Sachs, Morgan Stanley and Deutsche Bank for $20bn IPO
Univision Communications has hired Goldman Sachs Group, Morgan Stanley and Deutsche Bank to lead an initial public offering that could value the US-based Spanish-language broadcaster at $20bn
03/12/2015
Morgan Stanley Announces Share Repurchase of Up to $3.1 Billion of Common Stock
Share repurchases under the Firm’s existing authorized program will be exercised from time to time
03/12/2015
Citi Announces 2015 Planned Capital Actions
Repurchases by Citi under the common stock repurchase program may be effected from time to time
03/12/2015
UBS poaches Bank of Montreal oil banking team
The moves come amid plummeting oil prices that have prompted banks to try to lure talented energy bankers with deep technical expertise.
03/11/2015
BNY Mellon Wins EMEA Finance 2014 Achievement Award for 'Best Depositary Receipt Bank'
Depositary receipts market leader has won the award seven of the last eight years
03/10/2015
Claes Dahlbäck Will Not Stand for Re-Election to the Board of Directors of Goldman Sachs
The Board of Directors of The Goldman Sachs Group, Inc. GS, -1.42% today announced that Claes Dahlbäck will not stand for re-election at the Company’s 2015 Annual Meeting of Shareholders
03/06/2015
Hedge fund calls for Webster Bank spinoff
A hedge fund with a significant stake in Webster Bank has sent a letter to the bank’s parent company suggesting it spin off its health care savings account business to boost the company’s share price