Investment Banking Industry News
A collection of Investment Banking latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Investment banks, rating agencies lower gold outlook after dropping over 25% since Jan 29
With gold hovering around $4,000 an ounce levels and its near-term environment challenging, the precious metal's price outlook has been lowered by investment banks and rating agencies. “While we remain constructive on gold over the medium…
A relationship banker and a risk manager: Meet the two candidates vying to succeed JPMorgan's Jamie Dimon
JPMorgan elevated Troy Rohrbaugh and Doug Petno to co-presidents on Thursday, the clearest sign yet that they are leading the race to replace CEO Jamie Dimon. The announcement comes after more than a decade of speculation and a rotating cast of…
Ola Kolade is challenging how the insurance industry thinks about automation
Opinions expressed by Digital Journal contributors are their own. The Underflow CEO and former investment banker says the industry has spent two decades automating the wrong thing. His AI-powered alternative is turning heads. The commercial…
Towneley Capital Management Inc DE Makes New $1.43 Million Investment in Bank of N.T. Butterfield & Son Limited (The) $NTB
Towneley Capital Management Inc DE purchased a new stake in shares of Bank of N.T. Butterfield & Son Limited (The) (NYSE:NTB - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The…
JPMorgan (NYSE: JPM), Novartis (NYSE: NVS) And Qualcomm (NASDAQ: QCOM) Lead Top Stock Research Roundup
Zacks Research Daily has highlighted 16 major stocks in its latest research output, with JPMorgan Chase & Co. (NYSE: JPM), Novartis AG (NYSE: NVS), and Qualcomm Inc. (NASDAQ: QCOM) among the featured names. JPMorgan shares have gained 2.7% over the…
Financials Up as OpenAI Worries Offset Earnings Hopes -- Financials Roundup
Shares of banks and other financial institutions rose slightly as optimism about regional bank earnings offset concerns about investment banking and private-credit funds. Goldman Sachs Group and Morgan Stanley slumped after reports that OpenAI may…
China approves Standard Bank, ICBC for Africa yuan clearing
China's central bank has authorised Standard Bank and Industrial and Commercial Bank of China (1398) to clear Renminbi across Africa, as Beijing steps up efforts to promote the global use of its currency. SCROLL TO CONTINUE WITH CONTENT The move…
Sources: Saltair Explores Potential Sale
After the successful sale of Naturium and Phlur, The Center is exploring deal options for Saltair, the body care brand it launched in partnership with Iskra Lawrence, the U.S.-based British model and influencer with more than 5 million followers on…
Morgan Stanley, Goldman Shares Fall on Possible OpenAI IPO Delay
Shares of Morgan Stanley and Goldman Sachs Group Inc. fell on Friday after OpenAI is said to weigh holding off on an initial public offering until next year amid volatility in technology stocks. The stocks fell more than 4% each as the broader KBW…
Cineverse reaffirms fiscal 2027 guidance of $115M-$120M revenue and $10M-$20M adjusted EBITDA following IndiCue and Giant acquisitions (NASDAQ:CNVS)
Cineverse expects acquisitions of Giant Worldwide and IndiCue to be major growth engines, reaffirming guidance for $115-120 million in revenue and $10-20 million in adjusted EBITDA, with over 50% of revenue to be technology-based. Profitability…
Apple Stock Falls As Mac Prices Rise Up To 18% On Higher Memory Costs
People walk past an Apple retail store on July 13, 2021 in New York City. Stock markets were slightly softer on news of the biggest jump in US inflation in more than two decades and disappointment in results from US investment banks. As trading…
The broader AI infrastructure trade (CRWV:NASDAQ)
AI infrastructure demand now includes inference, edge distribution, and data center expansion, widening investor exposure opportunities. Data center operators, software firms, semiconductor companies, and digital infrastructure providers benefit…
Oil prices plummet on hopes of increased supply, high gasoline prices persist
An anticipated increase in oil supplies has pushed prices back to levels traders haven't seen since before the war in Iran, but industry analysts predict markets could tighten again as demand and production return to normal. When the war in Iran…
Apogee outlines FY2027 sales of $1.38B-$1.43B while adding Kalwall at ~$85M revenue run-rate (NASDAQ:APOG)
Management expects Kalwall to add about $85 million in revenue at a 15% adjusted EBITDA margin initially, increasing Apogee's net sales projection and resulting in a higher interest expense; the acquisition is anticipated to be accretive in the…
Jefferies: Good Operating Performance In Q2 Overshadowed By Asset Management Woes (JEF)
Jefferies Financial Group Inc. delivered strong Q2 2026 results in Investment Banking and Capital Markets, with revenues up 35% quarter-over-quarter to $2.2 billion. JEF's asset management unit remains a weak spot, with revenues down 35% YoY due to…
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