04/14/2015
Wells Fargo wades into investment banking
New frontiers offer the prospect of higher growth
Investment Banking
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.
04/09/2015
Jefferies to sell Bache futures unit, buy FXCM ops
The investment bank said in December that it was considering strategic options for the Bache business, which it bought from Prudential Financial Inc. in 2011.
04/06/2015
Fired $1.3B Merrill broker speaks out
Thomas Buck will not fight allegations and is looking to move on after a sudden termination
04/06/2015
Mizuho poaches 130 investment bankers from RBS
Mizuho Financial Group will hire about 130 investment bankers from the US arm of Royal Bank of Scotland in the coming days as it seeks to develop its North American business in “a really focused way”.
04/02/2015
US should join Asian bank
The United States has unsuccessfully opposed some of its key allies’ decisions to join China’s new Asian Infrastructure Investment Bank
04/01/2015
Morgan Stanley Boosted Gorman’s Pay 25% for 2014
Morgan Stanley gave James Gorman the biggest raise yet among Wall Street chief executive officers for last year, boosting his pay 25 percent to $22.5 million.
03/31/2015
Canada urged to join China's new investment bank
China has vowed to commit the first $50 billion in start-up funds
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
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