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.
I quit investment banking and now run a startup. I work just as much, but the hours feel totally different.
This as-told-to essay is based on a conversation with Andrew Meng, 29, who worked in investment banking at Wells Fargo until January 2021 and now runs a startup, Yorby AI. Business Insider has confirmed his previous employment at Wells Fargo. The…
Grant Thornton agrees to sell; White House names new Australian ambassador; Top investment bank research analysts revealed
Want to get this in your inbox at lunchtime every weekday? Financial Review subscribers can sign up for The Brief newsletter here. Plus start your day with our Before the Bell newsletter and read a full wrap of the day's news in Market Wrap. In…
Comerica Bank Invests $24.17 Million in CSW Industrials, Inc. $CSW
Comerica Bank purchased a new position in shares of CSW Industrials, Inc. (NYSE:CSW - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased…
Cadence Bank Invests $3.62 Million in Zoetis Inc. $ZTS
Cadence Bank purchased a new position in Zoetis Inc. (NYSE:ZTS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 28,756 shares of the…
Barclays sets aside £823m for bad debts after fraud hit but profits rise
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Barclays has revealed it set aside more than £800…
Raymond James Financial, Inc. (RJF) Stock Forecasts
Raymond James Financial Inc. is a diversified financial services company. The company's businesses provide capital markets, asset management, private client, banking, and other services to individuals, corporations, and municipalities. The company…
Evercore leads all large-cap financial stocks in YoY CapEx growth (XLF:NYSEARCA)
Evercore, Globe Life, and Blackstone lead in year-over-year CapEx growth among U.S. large-cap financial stocks. Globe Life is rated Strong Buy, while Blackstone, FIS, and S&P Global have Sell ratings despite high CapEx growth, suggesting Quant…
This is not a stock picker's market, says head of Norway's $2 trillion wealth fund
Nicolai Tangen, CEO of NBIM — which manages Norway's $2.2 trillion sovereign wealth fund — spoke to CNBC about investing amid the Iran war. He said the market was difficult to navigate, and that he was glad to be managing a near-index…
Barclays sets aside £823m for bad debts after fraud hit but profits rise
Barclays has revealed it set aside more than £800 million for bad debts related to a fraudulent customer and as it builds a buffer amid ongoing geopolitical turmoil, despite reporting an uptick in earnings for the first quarter. The…
Centene raises 2026 adjusted EPS outlook to greater than $3.40 as it embeds around 3% Marketplace pretax margin (NYSE:CNC)
Centene raised its 2026 adjusted EPS guidance to greater than $3.40, citing Q1 outperformance in Medicaid and Medicare HBRs and improved operational visibility over previous expectations. Centene faces uncertainty in Marketplace profitability due…
China Weighing a Second Green Sovereign Bond Sale in London
China is considering another green sovereign bond sale in London this year as the nation looks to expand its presence in international debt markets and fund climate action. Officials at the Ministry of Finance have been working with investment…
Xylem outlines $9.2B-$9.3B 2026 revenue outlook while keeping EPS at $5.35-$5.60 (NYSE:XYL)
Earnings Call Insights: Xylem (XYL) Q1 2026 'Coming off a strong 2025 with sustained momentum, 2026 is proving resilient with a solid first quarter financial performance despite a dynamic external environment.' (CEO, President & Director Matthew…
First Bank targets $200M 2026 loan growth as it works through small business credit costs (NASDAQ:FRBA)
Earnings Call Insights: First Bank (FRBA) Q1 2026 CEO Patrick Ryan said, 'Earnings came in below our expectations in the first quarter. Elevated credit costs in the credit scored small business portfolio were the primary driver,' adding that 'all…
Banks to Join BMO-Led $1.8 Billion Debt Deal for Honeywell Spinoff
Bank of Montreal 's investment banking unit is leading a $1.8 billion debt deal supporting the sale of Honeywell International Inc. 's productivity solutions and services business to industrial manufacturer Brady Corp. BMO Capital Markets will…
Billionaire Ken Griffin to meet with Hochul to discuss New York's 'future direction' after Mamdani feud
Ken Griffin, founder and CEO of the hedge fund and market trading firm Citadel, said on Tuesday he will meet with New York State Gov. Kathy Hochul on Thursday to talk about its “future direction.” Earlier this month Kathy Hochul…
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