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Investment Bank
Latest Headlines
Latest Headlines
Meet Deutsche Bank's only authorized Tweeter
Bloomberg Businessweek reports that in the sprawling Deutsche Bank empire there is exactly one investment banker who is authorized to Tweet on behalf of the company.
Bank reporting period on deck
JPMorgan Chase gets the bank reporting period underway this week, as it is scheduled to release its fourth quarter results on Friday. While analysts are less bearish on JPMorgan than they are on
Smaller investment banks, boutiques under pressure
So what will the New Year bring for investment banks? Obviously, they've been in downsizing mode. Banks slashed jobs as macro concerns squashed the early year bump in core advisory and deal business.
Goldman Sachs to expand in asset management
We've long suggested that Goldman Sachs CEO Lloyd Blankfein would not step down until he could do so without appearing to be pressured, either by the board or regulators. Blankfein would also like to
Goldman Sachs fares well in global deal advisory work
As 2010 was closing, we speculated about how investment banking loomed as a critical driver of revenue growth in 2011. It seemed conditions were ripe for investment banks to reassert themselves as
Big-name IPO prices decline in aftermarket
There's only so much an investment bank can do to support an IPO stock in the aftermarket. Back in the dotcom heyday, there were lots of deals that obligated various firms to support the stock in
UBS stumbles, rogue trader case proceeds
The Kweku Adoboli scandal has been nothing short of a nightmare for UBS. The rogue trader's $2.3 billion losses prompted the resignation of CEO Oswald Grübel and the co-heads of equities. Eight
More analysts expect a Goldman Sachs loss
As the bank earnings reporting derby gets underway, a big question is whether Goldman Sachs will post a loss for the third quarter, which would be only the bank's second loss as a public company. As
Wells Fargo mulls Morgan Stanley purchase
The prognosis for Morgan Stanley--once among the mightiest of Wall Street firms, with a rich and proud history--has become so bleak that some are speaking about it as a takeover candidate. One the
Tom Montag possibly heir apparent at Bank of America
The Bank of America situation is nothing if not fluid. For a strong reflection of that, we need only note that people are already talking about Thomas Montag as the successor to current CEO Brian
