Lazard swung to a profit in the second quarter, exceeding analysts' expectations as dealmaking surged.
July 25, 2024
Barclays is winning business from its top Wall Street rivals in prime brokerage, a lucrative investment banking battleground where lenders are
July 25, 2024
When acquisitive Czech billionaire Daniel Kretinsky set his eyes earlier this year on one of Britain's most iconic companies, the Royal Mail, he chose BNP
July 26, 2024
Mergers and acquisitions activity globally showed few signs of improvement in the third quarter but a rebound in volumes in the United States -
April 26, 2024
Barclays Plc initiated layoffs this week targeting 3% of its global investment banking workforce, people familiar with the matter said, as it
April 26, 2024
Petrie Partners, a boutique advisory firm known to few outside the energy industry, advised on Pioneer Natural Resources Co's $60 billion sale to
April 26, 2024
Goldman Sachs saw its third quarter earnings fall 33%, with the investment bank seeing muted market conditions that allowed fewer deals and market making opportunities for the firm
October 17, 2023
Top U.S. banks could cut jobs further to keep their expenses in check, especially if lingering economic weakness derails a fledgling recovery in investment
April 26, 2024
Goldman Sachs Group Inc has appointed David Kamo as its global head of financial sponsor mergers and acquisitions within its investment bank, according to a memo seen by
July 02, 2024
Major Wall Street firms said a dismal year of dealmaking appears to have hit a trough, and now some companies are looking to merge, offering
April 26, 2024
Some of the world's top investment bankers said on Wednesday that a drop in corporate dealmaking in 2023 sets the stage for a pick-up in activity once uncertainty
July 02, 2024
Morgan Stanley has named Jed Finn as the head of its wealth management unit, according to an internal memo seen by Reuters on Monday.
April 26, 2024
Jefferies Financial Group said on Monday it has set up an investment banking and capital markets unit in Canada, sticking to its plans to pursue an international expansion even as some of
April 26, 2024
Mergers and acquisitions (M&A) activity fell to its lowest level in ten years globally in 2023, as high interest rates and an economic slowdown
April 26, 2024
Citigroup Inc is aiming to launch its wholly owned China investment banking unit as early as the end of this year and hire about 30 people for the business, a person
April 26, 2024
Bank of America's bonus pool for investment bankers will range from steady to 3% lower for 2023 under pressure from a slowdown in dealmaking, but star performers
April 26, 2024
Job cuts at western investment banks in Asia are expected to increase this year as revenue pressures rise due to deepening economic and market turmoil in
April 26, 2024
Mizuho Financial Group aims to stay in the top 10 of the global investment bank league table, its investment banking chief told Reuters, after
April 26, 2024
Goldman Sachs CEO David Solomon said on Tuesday the firm will raise its ninth private equity fund this year.
July 02, 2024
Morgan Stanley is opening an office in Abu Dhabi, adding to its regional presence and joining a string of other global investment banks that have set up offices in
April 26, 2024
Bank of America expects its investment banking revenue to rise by 10% to 15% in the first quarter from a year earlier, while its net interest income could come in
April 26, 2024
Morgan Stanley is cutting around 50 investment banking jobs in the Asia-Pacific region due to a deals slump, sources with knowledge of the matter said.
July 02, 2024
Two senior JPMorgan Chase dealmakers, Andy Lipsky and Haidee Lee, are leaving the bank, two sources familiar with the
May 05, 2024
CITIC Securities Co, China's biggest brokerage, reported on Friday that first-quarter net profit fell 8.5%, hit by the sluggish investment banking environment.
May 12, 2024
China International Capital Corp (CICC) may reduce its investment banking headcount by at least 10% this year, two people with knowledge of the matter said, as a capital market
May 21, 2024
Boeing factory workers are voting whether to strike and shut down aircraft production
Durex makes India condom push for women, rural consumers
Australia introduces bill to step up fight against hate crimes
Russian hawk pushes case for Putin to toughen policy on nuclear weapons
Thai consumer confidence drops to 13-month low in August as growth slows
Billionaire's spacewalk with SpaceX delayed several hours hundreds of miles above Earth
Murdoch succession battle to play out in Nevada courtroom
Pac-12 targeting Boise St., Fresno St., San Diego St., Colorado St. for rebuild, AP sources say
From Chinese to Italians and beyond, maligning a culture via its foods is a longtime American habit