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How Much Do Boutique Investment Banks Pa...

Good morning! This is Dan DeFrancesco check in from NYC. Today we have stories about Steve Cohen feeling optimistic about his casino plans, VC thoughts on the next step for crypto, and how Wall Street activists are in the driver’s seat of some of the biggest businesses. But first, let’s take a look inside some […]

Credit Suisse and Jarden among investmen...

Cuts to investment banking in Australia have barely topped 10% of banking staff, sources told the Financial analysis. It has nothing to do with larger layoffs in financial centers like New York and London. Banks have increased their junior ranks over the past two years to handle a deluge of deals, but are cutting back […]

Investment banks have justified not offe...

Now that Meta is making what the Wall Street Journal describes as “the first significant staff reductions in the company’s 18-year history,” starting tomorrow, the pressure is moving away from investment banks. . Not only is Meta unlikely to hire much in the future, as it cuts costs by 10% and looks at staff reductions […]

European investment banks hold firm

Now that the third quarter banking reporting season is over, it’s worth looking at the trends defining how individual companies are responding to the issues that have plagued the industry. It was pleasantly surprising that many European investment banks posted significantly better third-quarter results than their US counterparts, despite the latter’s advantage in fixed-income trading […]

How do investment banks help the economy...

Proper investment is the key to future success. The financial aspects of a country determine its economy, and this is where the investment banks are. The main role of any investment bank is related to commercial institutions, but they are not like commercial banks. Their difference can be judged to understand the role of investment […]

3 investment banks to watch amid industr...

The Zacks Investment Bank sector, which had enjoyed a dream run since mid-2020, now faces a challenging operating environment due to severe macroeconomic and geopolitical factors. This, along with the costs associated with technology upgrades and business diversification efforts, will hurt the finances of industry players. Yet trading activity, which had normalized after a robust […]

Investment banks sharpen the ax

“L e define “busy” read a memo distributed to junior investment bankers at Donaldson, Lufkin & Jenrette in the mid-1990s. end. These are working hours – no travel, chat or meal time. If these are not your office hours, you have the ability to take on more work. Today’s bankers are more than willing to […]

Despite the turmoil, investment banks ar...

22 Bishopsgate towering above the Royal Exchange Investment banks this week extended loans totaling more than £1.5billion to two London schemes despite continued turmoil in UK financial markets. Bank of America has provided a £1.25 billion loan to owners of 22 Bishopsgate in the City of London, CoStar reported. Meanwhile, JP Morgan has provided £277m […]

Kwarteng tells investment banks he remai...

Amid the financial turmoil, Chancellor Kwasi Kwarteng told investment bankers the government was committed to fiscal discipline and was working closely with the Bank of England and budget forecasters. A Treasury statement said that at the meeting: “The Chancellor underlined the Government’s clear commitment to fiscal discipline and reiterated that he is working closely with […]

After a boom in deals, Wall Street inves...

Saddle. Photo by SAUL LOEB/AFP via Getty Images The CEOs of major US banks are in Washington, DC this week to get grilled by Congress, an annual ritual on Capitol Hill. The economy is looking very different from last year when these leaders appeared before lawmakers, with business slowing and layoffs likely at some banks. […]

Investment banking revenue shake-up loom...

The Barclays bank logo is seen on glass lamps outside a bank branch in the City of London financial district in London September 4, 2017. REUTERS/Toby Melville Join now for FREE unlimited access to Reuters.com Register LONDON, Sept 20 (Reuters) – Investment banking revenues are set to see a shake-up next year, with a rebound […]

Investment bank trading revenue set to d...

LONDON: Investment banks are set to be hit by a drop in trading revenue next year and will rely on a rebound in advisory fees to support their finances, Barclays CEO CS Venkatakrishnan said on Tuesday during a an event for investors. A surge in trading helped investment banks report strong results this year and […]

Investment banks in Brazil focus on shor...

Join now for FREE unlimited access to Reuters.com Register SAO PAULO, Sept 16 (Reuters) – Brazilian investment banks focused on debt issuance throughout the third quarter, an area that maintained strong activity even with higher interest rates. Felipe Thut, director of Bradesco BBI, the investment bank controlled by Banco Bradesco SA (BBDC4.SA), expects total local […]

UPDATE 1-Investment banks in Brazil focu...

(Add the number of stock issues by Brazilian companies this year to the ninth paragraph) By Tatiana Bautzer SAO PAULO, Sept 16 (Reuters) – Brazilian investment banks focused on debt issuance throughout the third quarter, an area that maintained strong activity even with higher interest rates. Felipe Thut, director of Bradesco BBI, the investment bank […]

Investment banks in Brazil focus on shor...

© Reuters By Tatiana Bautzer SAO PAULO (Reuters) – Brazilian investment banks focused on debt issuance throughout the third quarter, an area that maintained strong activity even with higher interest rates. Felipe Thut, director of Bradesco BBI, the investment bank controlled by Banco Bradesco SA, expects total local debt issuance to reach around 430 billion […]

bne IntelliNews – Fondul Proprietatea se

Franklin Templeton, as fund manager and sole director of Fondul Proprietatea (FP), announced that the fund and Romanian hydroelectric company Hidroelectrica had selected a consortium of investment banks, a key step for the planned IPO. of Hydroelectrica. After years of delays, the IPO of Hydroelectrica, Romania’s largest electricity producer, is expected to take place by […]

Appointment of the consortium of investm...

Franklin Templeton International Services S.À RL, in its capacity as alternative investment fund manager and sole director of Fondul Proprietatea SA (the “Fund”), wishes to inform shareholders and investors that the Fund and Hidroelectrica have selected the consortium of investment banks in versus the IPO, which is made up of international, regional and local investment […]

Appointment of the consortium of investm...

Franklin Templeton International Services S.À RL, in its capacity as alternative investment fund manager and sole director of Fondul Proprietatea SA (the “Fund”), wishes to inform shareholders and investors that the Fund and Hidroelectrica have selected the consortium of investment banks in versus the IPO, which is made up of international, regional and local investment […]

Fondul proprietatea selects investment b...

Franklin Templeton, alternative investment fund manager and sole administrator of Fondul Proprietatea, announced that the Fund and Hidroelectrica had selected the consortium of investment banks, a key step for the planned IPO. According to Ziarul Financiar, citing sources familiar with the matter, these are Citi, Morgan Stanley, Erste and Jefferies (global managers), Bank of America, […]

Fondul Proprietatea confirms the appoint...

Newswires MT 2022 All the news of FONDUL PROPRIETATEA SA Sales 2021 5,120M 1,045 million 1,045 million Net income 2021 5,013 million 1,023 million 1,023 million Net cash 2021 13,002 million 2,655 million 2,655 million PER 2021 ratio 2.35x 2021 performance – Capitalization 11,206 […]

When MD banking women feel humiliated

Bully Market, by former Goldman Sachs chief executive Jamie Fiore Higgins, is yet to be published. It comes out on September 29. But review copies are in circulation and they are already causing a stir. Fiore Higgins left Goldman Sachs in 2016, ahead of CEO David Solomon’s new push to hire and promote women. She […]

Investment banks rush to cut yuan foreca...

SINGAPORE (Reuters) – Major investment firms have cut their forecasts for the yuan as its slide against the dollar accelerates, with some expecting a breakout of the 7-to-$1 mark ahead of congress. politically sensitive party next month, despite authorities’ efforts to slow the slide. The yuan has weakened 2.7% against the dollar over the past […]

Sinclair reportedly hires investment ban...

Could Bally Sports RSNs be on the market? It seems like a possibility. On Monday night, John Ourand of the Sports Business Journal reported that Sinclair had hired a pair of investment banks, LionTree and Moelis. Liontree is the bank hired by The Athletic last year to seek a buyer, initially seeking $750 million but […]

5 US investment banks face $1 billion in...

Five US investment banking giants could be fined $1 billion for failing to monitor employees using unauthorized messaging apps. Both Morgan Stanley and JP Morgan expect to pay a $200 million fine as authorities use that figure as a guideline for the industry, according to a Bloomberg report. Citigroup has a reserve consistent with what […]

One of Malaysia’s Largest Investment Ban

Kenanga Investment Bank partners with Ant Group to launch a super app hosting all of its financial services, including a bitcoin and crypto digital wallet. Kenanga Investment Bank will launch a super app in 2023 that will support bitcoin and other cryptocurrencies. The bank has more than 500,000 users and wants to distribute its product […]

Embarc Advisors Named One of Axial’s Top

“Embarc Advisors named one of Axial’s Top 10 Investment Banks” Axial named Embarc Advisors one of the top 25 investment banks in its Q2 2022 Lower Middle Market Investment Banks. August 24, 2022 – West Hollywood, California – Axial, the largest online platform for buying, selling, advising and financing private companies, has named Embarc Advisors, […]

Investment Banks Are Now Turning to ‘Inf

Benzinga hosts its Global FinTech Awards at Pier Sixty in New York on December 8, 2022. At the event, Kevin O’Leary and Anthony Scaramucci, along with executives from DriveWealth, Prime Trust, Synctera and beyond, will discuss controversial topics, perspectives on opportunities and threats in fintech, as well as how they monetize disruptive trends. Prior to […]

Investment Banks Are Now Turning to ‘Inf

Benzinga hosts its Global FinTech Awards at Pier Sixty in New York on December 8, 2022. At the event, Kevin O’Leary and Anthony Scaramucci, along with executives from DriveWealth, Prime Trust, Synctera and beyond, will discuss controversial topics, perspectives on opportunities and threats in fintech, as well as how they monetize disruptive trends. Prior to […]

Nearmap PE Claimant Faces Investment Ban...

The US private equity firm’s interest in knowing the local outposts of global investment banks is a good sign for Nearmap shareholders. It means Thoma Bravo has found no major skeletons in Nearmap’s closet after spending more than a month inside, despite a short-seller report and a lawsuit with a US rival that spooked investors […]

Investment banks slash China growth fore...

Goldman Sachs has downgraded its China growth forecast, saying recent interest rate cuts may not be enough to combat slowing domestic demand, headwinds from rising COVID cases -19 and the pressure on the electricity sector due to the exceptionally hot summer. The global investment bank lowered its full-year 2022 forecast to 3.0% from 3.3%. Earlier […]

Chinese investment banks plan to set up ...

China-based investment banks are looking to expand their business in Germany amid growing tensions with the United States and boring listings in Hong Kong, Bloomberg reported. A number of Chinese firms such as Citic Securities and Haitong Securities are evaluating options for applying for German licenses, the publication added citing people familiar with the matter. […]

Center shortlists six investment banks t...

The Center has shortlisted six investment bankers to help the government offload its residual 29.5% stake in Hindustan Zinc in installments. The merchant banks, which include ICICI Securities, SBI Capital Markets, HDFC Bank, IIFL Securities, Axis Capital and Citigroup Global Markets, will make presentations to an interdepartmental group on August 12. […]

Axial Releases Top 25 Lower Middle Marke...

Press release – August 9, 2022 NEW YORK, August 9, 2022 (Newswire.com) – Axial, the online M&A platform connecting buyers and sellers of U.S. small and midsize companies, has released its lower-middle-market investment banking league tables for the second quarter of 2022. Despite economic uncertainty in the market is facing so far in 2022 – […]

Analyst bonuses in investment banks: “A

More banks have announced their analyst bonuses for 2022. More analysts are disappointed. Following last week’s complaints about analyst bonuses at Morgan Stanley, there appear to be similar complaints about analyst bonuses at JPMorgan. JPMorgan doesn’t comment, but a post on Litquidity’s Instagram site says first-year analyst bonuses at JPMorgan are on par with first-year […]

Junk buyout boom debt stuck in investmen...

Wall Street’s trillion-dollar funding machine is jammed, creating a new hurdle for private equity titans who for years had easy access to credit. Tens of billions of dollars of debt remained stuck on banks’ balance sheets due to financings that had been completed before a sell-off shook financial markets and an economic slowdown gripped the […]

OPR should increase by at least 25 basis...

BNM is expected to follow the US Federal Reserve’s 75 basis point rate hike yesterday. -AFP photo KUALA LUMPUR (July 28): Local investment banks expect Bank Negara Malaysia (BNM) to raise the overnight rate (OPR) by at least 25 basis points (bp) by the end of the year, following the 75 of the American Federal […]

Investment banks expect Bank Negara to i...

Kenanga Investment Bank Bhd said it expects BNM to maintain its hawkish tone and increase the OPR by at least 25 basis points in each of its two remaining Monetary Policy Committee (MPC) meetings this year, scheduled for August 7 and 8 and November 2 and 3. ― Photo of Yusof mat Isa Thursday July […]

Investment banks expect Bank Negara to i...

KUALA LUMPUR: Local investment banks expect Bank Negara Malaysia (BNM) to raise the overnight rate (OPR) by at least 25 basis points (bps) by the end of the month. year, following the US Federal Reserve’s 75 bps rate hike on Wednesday. In a note today, Kenanga Investment Bank Bhd (Kenanga) said it expects BNM to […]

Investment Banking IT Spending Market An...

Global Investment Banking IT Spending Market Overview and Analysis: New Jersey, United States, – Investment Banking IT Spending Market Growth 2022: The report is the latest study that provides a comprehensive overview and includes a thin summary of all market-related aspects. The report analyzes the growth rate and market value of the global Investment Banking […]

Flexibility trumps salary as investment ...

A man walking in Canary Wharf, London, where many offices of global investment banks are located.Credit: Dan Kitwood/Getty Images News via Getty Images Investment banks are increasingly embracing hybrid working to stem the loss of talent from the financial services industry as many employees are set to quit due to a lack of flexibility following […]

Best Cannabis Investment Banks – Benzing

Cannabis businesses need more than a great culture, great marketing, and a distribution plan. The industry is teeming with money and growing every year in leaps and bounds that once seemed unattainable. With the deregulation (or re-regulation) of cannabis, the money is available, but how does that money get to the right companies at the […]

Here’s What US Investment Banks Really S

Is that right? Is hiring now all but done at US investment banks until budgets are reset in January 2023? Clearly not. Even as the chatter about the job cuts intensifies, new recruits are arriving and new jobs are being released. JPMorgan alone launched 2,167 new jobs in the past week, including openings in quantitative […]

Top U.S. investment banks face fines for...

Top investment banks risk fines for using apps Regulators are set to impose roughly $1 billion in fines on the five largest U.S. investment banks for failing to monitor employees using unauthorized messaging apps. Morgan Stanley revealed Thursday that it plans to pay a fine of $200 million, the same amount JPMorgan Chase has paid […]

Investment Banks Kick Off US Earnings Se...

                 Stocks fell on Thursday as big bank earnings kicked off with disappointing results and traders weighed the possibility of even tighter U.S. monetary policy from the Federal Reserve as recession fears lingered. The Dow Jones Industrial Average fell 0.46%, or 142.62 points, to 30,630.17, while the S&P 500 fell […]

Swiss investment banks do well in APAC r...

In the first half of the year, Credit Suisse led all competitors in targeted mergers and acquisitions, with UBS ranking third in commissions. The two largest Swiss banks posted strong performances in the Asia-Pacific ex-Japan investment banking rankings during the first half of the year, according to data released Friday by Refinitiv. Credit Suisse managed […]

Global investment banks favor Chinese as...

Illustration: VCG A growing number of global investment banks, including Goldman Sachs and JPMorgan Chase & Co, have recently put down roots in Chinese assets, viewing the country as a safe haven for investable stocks amid looming recession woes. in the USA. Behind the outperformance of Chinese assets is an effective growth spurt in recent […]

The Safest M&A Jobs at Big U.S. Investme

Life may have been pretty awful for equity and debt market bankers in the first half of the year, but M&A bankers have — so far — had it pretty easy. While ECM revenue was down 85% in North America year-over-year in the first six months, for example, M&A revenue was down just 12% in […]

Mainland investment banks are shelling o...

Chinese investment banks are now attracting top talent, matching Wall Street lenders with their compensation packages as mainland lenders take on bigger roles in new Hong Kong listings, according to a senior Haitong International executive . Of the 4,861 initial public offerings (IPOs) and other securities offerings in the five-year period to 2021, more than […]

Nio sales hit record high as investment ...

(Yicai Global) Jul 4 – Nio shipped a record number of new energy vehicles in June, despite being the subject of a US short-selling report accusing the Chinese electric car startup of screwing up its books. A number of global investment banks have questioned the report’s claims. Nio sold 12,961 electric vehicles last month, a […]

Investment Banks Announce New Ideas in H...

Major investment banks expect stock market volatility to continue in the second half of 2022. A sharp market sell-off saw the S&P 500 suffer its worst first half since 1970 as the Nasdaq Composite sank plummeted deep into a bear market. Meanwhile, the Federal Reserve launched an aggressive cycle of rate hikes to rein in […]

Jefferies earnings should worry investme...

Text size Jefferies’ total underwriting revenue fell 62% as banks faced tougher conditions. Amir Hamja/Bloomberg Wall Street just got a taste of what to expect when investment banks release their second-quarter results next month and it’s not happy. Jefferies Financial (ticker: JEF) reported results for its fiscal quarter ending May 31 and saw revenue fall […]

Are working conditions improving in inve...

Wall Street Over the past two weeks, Poets&Quants has been reporting on working conditions in investment banking and, it turns out, most of the rumors ring true: a recent survey of nearly 500 bankers found long hours, strained relationships and a sharp decline in both mental and physical health. (For details and pointed quotes, see […]

Brookfield taps three investment banks f...

Bruce Flatt, global CEO of Brookfield. Louise Kennerley Brookfield paid US$1.1 billion ($1.6 billion) for La Trobe, including a performance hurdle payment. It has pledged to contribute US$765 million ($1.1 billion) in equity and fund the rest with debt. On equity, Brookfield Business Partners, Brookfield’s Toronto Stock Exchange and NYSE-listed investment vehicle, took US$250 million […]

AfDB to create investment banks for youn...

African Development Bank (AfDB) President Akinwumi Adesina said on Wednesday that the multilateral lender would soon establish investment banks for young entrepreneurs on the continent. Adesina, who told the Commonwealth Business Forum in Kigali, Rwanda, criticized the structure of existing commercial banks on the continent. He said the current model of financial institutions in Africa […]

NSDL begins talks with investment banks ...

Credit: VCCircle National Securities Depository Ltd (NSDL), India’s first and largest depositary services company, has started talks with investment banks for an initial public offering (IPO) worth ₹4,500 crore, said two people familiar with the development. The IPO is expected to be worth at least ₹4,500 crore at a valuation of ₹16,000-17,000 crore, the second […]

African Development Bank chief announces...

The African Development Bank (AfDB) is setting up youth entrepreneurship investment banks that will help increase youth wealth for Africa’s young population, the bank’s president, Akinwumi Adesina, announced on Tuesday. The banks, which will be rolled out by the end of this month, will act as new financial institutions that create supportive ecosystems around youth […]

Investment Banks Are Sounding the Recess...

Investors are starting to worry about a possible recession – and Main Street seems to agree, with consumer sentiment plunging this week. Justin Sullivan/Getty Images Morgan Stanley, UBS and Wells Fargo all said a recession became more likely last week. Ordinary Americans seem to agree, with consumer opinion polls plummeting. The Federal Reserve is raising […]

Investment banks are sounding the recess...

Morgan Stanley, UBS and Wells Fargo have all said that a recession became more likely last week. Ordinary Americans seem to agree, with consumer opinion polls plummeting. A dominated word Wall Streetlast wednesday cover Federal Reserve meeting: recession. Stock executives like Morgan Stanley’s Mike Wilson, economists like Wells Fargo’s Jay Bryson and billionaire investors like […]

China’s securities regulator denies aski

File photo shows the entrance of China Securities Regulatory Commission (CSRC) in Beijing, capital of China. (Photo: Xinhua) The China Securities Regulatory Commission (CSRC) on Tuesday denied media reports that it had asked foreign investment banks to limit executive compensation, saying that while working to prevent financial risks, it respects the business decision-making of foreign […]

Celsius Network was only recently hiring...

Things have changed a bit at Celsius Network. As recently as May 2022, Jason Tucker-Feltham left his position as head of UK compliance advice at Unicredit in London and moved into a front office role as head of European sales at Celsius. In that context, Tucker-Feltham said he would work for a company that “allows […]

IT Spending by Investment Banking Market...

Los Angeles, USA,-The research study presented here is an excellent compilation of various types of analysis of significant aspects of the global Investment Banking IT Spending Market. Through devilishly researched analysis and Porter’s Five Forces Analysis, it provides an in-depth explanation of the strengths and weaknesses of the Global Investment Banking IT Spend Market and […]

Investment banks say it’s time to get ba

China’s reopening after weeks of major cities shutting down is “attracting” investors, HSBC said, while Goldman Sachs named a series of stocks it says have attractive valuations. Shanghai and Beijing have started easing their Covid restrictions after weeks of strict lockdowns. This openness – combined with soaring public investment and falling stock market valuations – […]

Investment banks raise oil price forecas...

Several investment banks raised their crude oil price forecasts for the year, indicating a delayed respite from high prices. Bank of America analyst Paul Ciana pointed out in a note that West Texas Intermediate (WTI) oil has been trending up lately, suggesting prices could rise. WTI oil rose to $130 a barrel in March, after […]

Boenning & Scattergood, one of Philadelp

Boenning & Scattergood, one of the last remaining traditional investment banks and brokerage firms in the Philadelphia area, is considering restructuring or selling parts of its business, according to people familiar with the company. The 108-year-old firm, which handles about $2 billion in client money from its offices in West Conshohocken, employed more than 150 […]

Investment Banks Accelerate ECB Rate Hik...

The headquarters of the European Central Bank (ECB) is pictured in Frankfurt January 21, 2015. REUTERS/Kai Pfaffenbach/File Photo Join now for FREE unlimited access to Reuters.com Register June 6 (Reuters) – BofA Securities now expects the European Central Bank to raise interest rates by 150 basis points this year, including moves of 50 basis points […]

Two Chinese investment banks plan major ...

Two major Chinese investment banks plan to lay off nearly a third of their staff amid a tough environment for new listings. Two major Chinese investment banks are planning to gradually lay off about 30% of their staff, according to a report by local media “Sing Tao Daily” (translated from chinese). The layoffs, which involve […]

Investment banks cut Kospi targets amid ...

Major foreign investment banks have downgraded their targets and ratings on South Korea’s benchmark Kospi, which has faced market volatility stemming from mounting inflationary pressure and the protracted war between the Russia and Ukraine. Japanese firm Nomura Securities lowered its investment rating on the Korean market from “overweight” to “neutral” last week, suggesting investors hold, […]

Investment Banking IT Spending Innovativ...

JCMR recently announced an Investment Banking IT Spend Study with over 250 market data tables and figures spread across pages and an easy-to-understand detailed table of contents on “Investment Banking IT Spending” . The IT Spending by Investment Banks report provides you with different methods to maximize your profits. The research study provides estimates of […]

The end of the Chinese rout? Investment...

Chinese stocks come back into favor as the easing of COVID-19 restrictions in Shanghai and stimulus measures to revive a pandemic-hit economy prompt investment banks to reconsider their views in a market shaken by fears of a sharp economic downturn. The Shanghai SE Composite index .SSEC is down 12.5% ​​year-to-date, while the tech-heavy Hang Seng […]

FACTBOX-The end of the Chinese rout? In...

May 31 (Reuters) – Chinese stocks come back into favor as the easing of COVID-19 restrictions in Shanghai and stimulus measures to revive a pandemic-hit economy prompt investment banks to reconsider their views in a market shaken by fears of a sharp economic slowdown. The Shanghai SE Composite Index .SSEC has lost 12.5% ​​so far […]

Investment banks pick their best stocks ...

Analysts from leading investment banks say a number of tech stocks are presenting attractive buying opportunities right now – with more than 30% off their 52-week highs. A storm of headwinds has hit tech stocks and investors are wondering which names are nearing bottom, according to Bank of America. “Technology is facing a quadruple whammy […]

AfDB designs investment banks for entrep...

Rivers State Governor Chief Nyesom Wike said state leaders would meet to decide whether to bring criminal charges against former Transport Minister Chibuike Amaechi for the alleged fraudulent sales of certain valuable state assets and embezzlement of public funds.The governor said those whose fate would also be decided at the meeting would include Tonye Cole, […]

Bonuses for US and European investment b...

Premiums are expected to decline at most major European and US investment banks in 2022 as they balance costs against lower revenues in a challenging macro environment. Russia’s invasion of Ukraine, accompanied by interest rate hikes, ended a the boom in equity underwriting and M&A advisory revenue, which has pushed bankers’ bonuses to record highs […]

Two investment banks slash Chinese GDP f...

China has tried to control the latest Covid outbreak with frequent virus testing requirements. Pictured is a nucleic acid testing site on May 25, 2022 in Beijing, China. Kevin Frayer | Getty Images News | Getty Images BEIJING — Two investment banks slashed their Chinese GDP forecasts this week for the third time this year […]

Macro Snapshot – German Economy Grows in

With 500,000 jobs and 50 new businesses, PIF finds Saudi Arabia in the sun RIYADH: When Saudi Arabia announced its Vision 2030 in 2016, aimed at accelerating the growth of the non-oil sector, skeptics doubted that a country that had relied heavily on oil revenue for so many decades could execute it perfectly. Six years […]

Romania set to quit Russian-led investme...

The Romanian government decided on Wednesday to announce its intention to leave the International Bank for Economic Cooperation (IBEC) and the International Investment Bank (IBB), both of which have Russia as their main shareholder. “Withdrawal will be effected within at least six months of notification, in accordance with the IBEC Convention. Coordination will be continued […]

ECB to force UK-based investment banks t...

The headquarters of the European Central Bank (ECB) is illuminated with a giant euro sign at the start of the ‘Luminale, light and building’ event in Frankfurt, Germany, March 12, 2016. REUTERS/Kai Pfaffenbach Join now for FREE unlimited access to Reuters.com Register FRANKFURT, May 19 (Reuters) – Too many global investment banks continue to serve […]

Yuan eases as investment banks cut China...

SHANGHAI, May 19 (Reuters) – The yuan eased against the dollar on Thursday as market sentiment deteriorated after some major global investment banks lowered their expectations for China’s economic growth. Concerns over a potential repeat of Shanghai-style shutdowns in other major Chinese cities have also put pressure on the currency, as the central government appears […]

ECB to force UK-based investment banks t...

FRANKFURT (Reuters) – Too many global investment banks continue to serve their euro zone clients from London and the European Central Bank plans to force them to relocate their senior management and trading activities to the bloc, the ECB Chief Supervisor, Andrea Enria. The ECB has long struggled with the biggest players in the sector, […]

Unleashed Brands Interviews Investment B...

Brand platform Unleashed Brands is in talks to seek a buyer, founder and CEO Michael Browning told Axios. Details: The company is interviewing investment banks and seeking a deal with a consumer-focused private equity firm or strategic company, he said. “We anticipate that we will transact privately in 2022,” he said. The private company’s decision […]

Goldman Sachs and other investment banks...

Billionaire Alan Howard founded a cryptocurrency trading platform that attracted funding from top Wall Street investment bankers. Besides Sachs, Barclays, Dawn Capital, Commerzbank and Galaxy have invested in Elwood Technologies. The cryptocurrency trading platform is a collaboration between traditional financial institutions and crypto-native funds. The financing led by Goldman Sachs put a value of more […]

Investment banks rush to cut yuan foreca...

Chinese yuan coins and banknotes are seen in this illustration photo taken February 24, 2022. REUTERS/Florence Lo/Illustration/Files Join now for FREE unlimited access to Reuters.com Register SHANGHAI/HONG KONG, May 16 (Reuters) – Major investment houses cut their forecasts for the yuan for the second time in just three weeks as the Chinese currency’s recent sharp […]

Investment banks rush to cut yuan foreca...

By Winni Zhou and Alun John SHANGHAI/HONG KONG (Reuters) – Major investment firms are cutting their forecasts for the yuan for the second time in just three weeks as the Chinese currency’s recent sharp declines ripped through their previous revisions, catching many off guard. A triple whammy of slowing growth, COVID-19-related economic disruption and aggressive […]

IT Spend by Size and Investment Banking ...

New Jersey, United States – Comprehensive analyzes of the fastest growing companies IT Spending by Investment Banking Market provide information that helps stakeholders identify opportunities and challenges. The 2022 markets could be another big year for investment banking IT spending. This report provides an overview of the company’s activities and financial situation (a company profile […]

Retreat of investment banks amplifies ma...

By Tom Zanki (May 11, 2022, 7:51 p.m. EDT) – The apparent withdrawal of investment banks from transactions involving special purpose acquisition companies adds jitters to a once-booming market that now faces a twin headwinds of weakening investor appetite and the prospect of stricter regulation. Goldman Sachs Group Inc. said on Monday it was reducing […]

Investment banking retirement amplifies ...

By Tom Zanki (May 11, 2022, 7:51 p.m. EDT) – The apparent withdrawal of investment banks from transactions involving special purpose acquisition companies adds jitters to a once-booming market that now faces a twin headwinds of weakening investor appetite and the prospect of stricter regulation. Goldman Sachs Group Inc. said on Monday it was reducing […]

Investment Banks Back Euro To Go Higher ...

ING raises its EUR/GBP forecast MUFG holds a tactical long EUR/GBP Credit Agricole says EUR will benefit from ECB policy change Image © Pound Sterling Live The Bank of England’s monetary policy meeting in May led to a significant drop in the value of the pound as well as a shift among currency analysts, who […]

Global investment banks in China are fin...

All but one of China’s global investment banks finally managed to turn a profit last year after Beijing allowed them to take full control of their operations and expand their influence in the country’s colossal financial sector. After years of losses or meager returns, six of seven Wall Street and European financial institutions with investment […]

LIC IPO: Investment Banks Waive One-Time...

Investment banks advising Life Insurance Corp.’s initial public offering. of India are forgoing the hefty fee expected of the country’s biggest ever listing, and instead settle for glory in the leaderboard rankings. The 10 advisers managing the IPO will receive around 10 million rupees ($129,000) each for their role in the offering, a fraction of […]

Lic Ipo Investment: Investment Banks Wai...

Investment banks advising on Life Insurance Corp.’s initial public offering. of India are forgoing the hefty fees expected of the country’s largest listing and instead settle for glory in the leaderboard rankings. The 10 advisers managing the IPO will receive around 10 million rupees ($129,000) each for their role in the offering, a fraction of […]

What do investment banks do?

Great to be back after the long weekend in the UK! Lots to unpack for the week ahead, so be sure to check out the week ahead briefing INVESTMENT BANKING WHAT DO THEY DO? Helpful visual from our global partners Morgan Stanley (NYSE:) breaking down 3 things investment banks can do for their clients. TALK […]

Do not delist European investment banks ...

For the dozen or so major global investment banks, the first-quarter earnings season is nearly over. At the time of writing, only the French have yet to report. What have we learned? Trading was flat, transactions were down – but within that summary is a wealth of detail. Yes, the five Europeans to have declared […]

Texas Fossil Fuel Law Challenges Status ...

The eligibility of some investment banks to underwrite municipal bonds in Texas is being reviewed as the state verifies compliance with its fossil fuel law, according to the attorney general’s office. The state comptroller asked 158 financial firms — including investment companies, mutual funds and others — to clarify their treatment of energy companies. Issuers […]

ASS investment banks earn $97.3 million ...

According to Refinitiv’s 2022 Regional Investment Banking Analysis Report, the value of announced M&A deals with any involvement in Sub-Saharan Africa reached $7.0 billion in the first three months of 2022. However, the amount was 13% lower than the value recorded during the same period in 2021, despite an 11% increase in the number of […]

Investment banks rush to cut yuan foreca...

SHANGHAI (Reuters) – Global investment houses rushed to cut their yuan forecasts as the Chinese currency heads for its worst month in decades as optimism sours amid a domestic economic slowdown and aggressive expectations of higher US interest rates. JP Morgan lowered its forecast for the yuan twice in a week, and analysts at Standard […]

For Goldman Sachs, it’s the story of 2 i

The COVID-19 pandemic has been an interesting time for investment banks. Increased market volatility has translated into higher trading volumes and more deals, while helping companies take on debt and go public. Investors expected this level of activity to decline each time the world came back to life after the pandemic. But Russia’s invasion of […]

Investment banks cut China’s growth outl

Prolonged shutdowns in Shanghai have hampered supply chains and prompted banks to cut Chinese GDP forecasts. Here, a truck leaves a port on April 13, 2022, with medical supplies for Shanghai. Tang Ke | Visual Group China | Getty Images BEIJING — In just about a week, several investment banks have cut their growth forecasts […]

How Market Volatility Disrupted Investme...

MMarkets had a volatile start to 2022. S&P500 is down 6% since the start of the year. Investor concerns about inflation and rising interest rates caused market volatility. Then Russia invaded Ukraine on February 24, only adding more uncertainty to the picture. As a result, companies seeking to go public through initial public offerings (IPOs) […]

Investment banks: the future of risk man...

Investment banks: the future of risk management – Risk.net Amid a complex and rapidly changing threat landscape, pressure is mounting on investment banks to improve the robustness of risk controls in their organizations and take a more forward-looking view of operational risk. This Risk.net Investigative report explores the current state of risk controls in investment […]

A post-earnings look at Wall Street’s to

The big Wall Street banks just launched the latest round of earnings reports; here, fund manager and value investor John Buckinghamand editor of The cautious speculatorreviews the results of three major investment banks. The financial results for the first quarter are below analysts’ expectations. to JPMorgan Chase (JMP). The largest U.S. bank earned $2.63 per […]

Top investment banks raise intern pay to...

Leland Bobbe | Getty ImagesThe world's biggest investment banks are struggling to retain quality talent in a tight job market, with some interns receiving salaries of $16,000 a month. A nationwide labor shortage continues to push industries in search of quality workers, with the financial sector particularly hard hit as it simultaneously faces exceptionally high [...]

Axial Releases Top 25 Lower Middle Marke...

NEW YORK, April 14, 2022 (GLOBE NEWSWIRE) — Axial, the online M&A platform connecting buyers and sellers of U.S. small and midsize companies, today released its market investment banking rankings lower middle for the first quarter of 2022. Unlike traditional league tables, which typically rank companies based solely on deal volume and dollar volume, the […]

Dow Jones futures remain choppy, TWTR an...

Dow Jones futures are trading flat on Thursday ahead of the market open. Dow Jones futures advanced on Tuesday, but the Nasdaq led the way. Dow Jones futures are still locked in a range pattern with no breakout insight. Dow Jones futures advanced on Wednesday as risky assets saw inflows despite another record reading from […]

Major investment banks call peak inflati...

The early 1980s evoke many memories for economists. The Reagan Revolution reinvigorated Wall Street, as Oliver Stone’s film of the same name memorably depicts. But before that, the 1980s saw the end of an era that economists now call the Great Inflation. The data released on Tuesday brought back memories of that time. Inflation in […]

Investment banks pick their favorite ele...

Goldman Sachs, Bank of America and others picked their favorite EV-related stocks, including automakers, battery makers and charging companies. Goldman raised its forecast for electric and hybrid vehicles last week, saying it expects electric vehicles to make up 46% of cars on US roads in 2040, up from 32% previously. He also expects electric vehicles […]

What are the top 10 investment banks in ...

A fully operational investment bank is a finance and banking company that offers both financial and advisory banking services to its clients. Apart from this, an investment bank is involved in researching, marketing and selling a variety of financial products such as commodities, currencies, credit, stocks, etc. Investment Bank in India Do you aspire to […]

IT spending by investment banking indust...

A report on IT spending by the investment banking industry has been released which provides an overview of global IT spending by the investment banking industry along with a detailed explanation that provides plenty of insight. The definition of the product/service as well as the different applications of this product/service in the different industries of […]

IndiGo: Rakesh Gangwal calls on 4 invest...

IndiGo co-founder Rakesh Gangwal has asked Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan to handle the planned sale of his shares in the airline, banking sources have told ET. He could sell at least 5-7% of his family’s stake in India’s biggest airline this year, they added. Gangwal, his wife Shobha and their family […]

Record Years for Investment Banks Threat...

The banner years for equity financings and pandemic-driven mergers and acquisitions are likely to fade away, with deal activity slowing significantly in the first quarter, particularly for Canadian equity sales. The value of Canadian equity financings fell 81% in the first quarter of 2022 to $3.9 billion, according to Refinitiv, from $20.9 billion in the […]

UAE investment banks resume operations a...

Dubai: The UAE investment banking scene is getting active again with deal flow – and the prospect of big bonuses making a comeback. High oil prices, a surge in IPOs, a steady rise in mergers and acquisitions, and improving prospects in the loan syndication market thanks to the post-Covid economic recovery are warranting more business […]