01/20/2014
Existing senior debt for the portfolio, which is insured by US Department of Housing and Urban Development was assumed during the transaction, with Macquarie Bank providing $71 million in mezzanine financing.
01/17/2014
The venture, spawned from MUFG's $9 billion investment in the Wall Street firm during the financial crisis, is a big winner from Suntory Holdings Ltd's $13.6 billion deal this week to buy U.S. whiskey maker Beam Inc
01/17/2014
Bank of America Corp., the second-biggest U.S. lender, took in more investment-banking fees than larger rival JPMorgan Chase & Co. for the first time since acquiring Merrill Lynch & Co. during the financial crisis.
01/17/2014
BNY Mellon Corp said on Friday that its fourth-quarter profit rose slightly as investment services fees increased 5 percent amid a buoyant stock market.
01/16/2014
Fourth Quarter Earnings Per Common Share Were $4.60
01/15/2014
JPMorgan's bonus pot shrinks after billions in settlements
General expectations are that bonuses will be flat or down on a year ago, although a small coterie of top bankers will get rises of up to 15%, headhunters predict.
01/14/2014
This newly created position extends BNP Paribas’ established European collateral franchise to North America, enabling USA and Canada based clients to access the bank’s services locally.
01/14/2014
The results underscored how expensive it has been for the bank to obtain peace with Washington. All told, JPMorgan has paid roughly $20 billion over the last 12 months to resolve government investigations.
01/14/2014
The long hours often worked by Wall Street’s youngest bankers, known as analysts, have come under intense scrutiny in recent years, as more college students choose Silicon Valley and elsewhere over traditional investment banking jobs.
01/13/2014
The firm was founded in March 2007, after Ken Moelis stepped down from his role as an investment banker at Swiss financial giant UBS.
01/13/2014
U.S. investment banks are picking up where they left off in European mergers and acquisitions last year
01/08/2014
Northwestern Mutual Life Insurance is exploring a possible sale of its Russell Investments asset management business, which has $247 billion in assets under management, according to four people familiar with the situation.
01/07/2014
Goldman Sachs is shaking up its technology, media and telecommunications investment banking group, according to internal memos.
01/07/2014
Canaccord Genuity Inc. is pleased to announce that David Istock has joined Canaccord Genuity's Investment Banking team as a Managing Director, specializing in mergers and acquisitions in the technology sector.
01/05/2014
One of the big stories of 2013 was JPMorgan Chase's bundles of troubles with a slew of government agencies.
01/05/2014
He died on Dec. 24 at a care facility in Charleston, South Carolina, after suffering many years from Alzheimer’s disease
01/02/2014
Bank of America Corp. Merrill Lynch unit rose to the second spot, its highest ranking since 2004.
01/02/2014
Goldman Sachs Group Inc. once again topped the global mergers-and acquisitions advisory rankings for 2013 in terms of both volume and revenue, but the real winner, arguably, was Bank of America Corp.
01/01/2014
Jamie Dimon has no problem finding skilled workers to hire.
12/30/2013
Joining with LPL as an independent firm will enable us to work much more closely with our clients, and to communicate with our clients as often and as fully as necessary. We are happy to have arrived at LPL and look forward to a long and satisfying relati