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.
Huge layoffs continue as major global investment bank cuts 2,500 jobs
Morgan Stanley has become the latest US corporate giant to axe staff, with 3 per cent of its global workforce being made redundant. The global bank is said to be laying off about 2,500 workers despite record revenues last year of more than $70bn…
StubHub targets $9.9B-$10.1B GMS for 2026 as company shifts to AI-driven direct issuance and refines marketing efficiency (NYSE:STUB)
Management projects strong long-term growth driven by a scalable, product-focused approach and operational efficiency, with guidance of $9.9–$10.1 billion GMS and increased EBITDA, signaling optimism for sustainable expansion. Management…
Watch Former Goldman Sachs CEO Lloyd Blankfein on Why He Doesn't Tweet
Lloyd Blankfein was CEO of Goldman Sachs for more than a decade, riding the trading boom to the top of the storied investment bank and steering it through the 2008 financial crisis. In his new memoir, Streetwise: Getting To and Through Goldman…
Afcg signals over $1.4B active pipeline following BDC conversion while prioritizing lower middle market lending (NASDAQ:AFCG)
The BDC conversion expands AFCG's ability to invest beyond real estate-backed loans into a broader universe of operating businesses, aiming to enhance shareholder value. Future earnings may be affected by underperforming legacy loans, realized…
Allstate Corporation (The) (ALL) Stock Forecasts
Allstate Corp. is a leading personal insurance company. The company distributes its insurance products and other financial services through Allstate agencies and independent agencies in the Uni Exclusive reports, detailed company profiles, and…
Progressive Corporation (The) (PGR) Stock Forecasts
Progressive Corp., based in Mayfield Village, Ohio, is a leading property & casualty insurance company. The company sells insurance through independent agencies and its own direct- Exclusive reports, detailed company profiles, and best-in-class…
MEC outlines $3.2B data center market opportunity and targets more than 20% revenue from segment in 2026 (NYSE:MEC)
Management expects Data Center & Critical Power to drive growth, representing over 20% of 2026 revenues and generating $40-$50 million in new project launches and cross-selling synergies. Margin pressure stems from project launch costs and…
Rafferty Asset Management LLC Invests $2.99 Million in Bank First National Corporation $BFC
Rafferty Asset Management LLC bought a new position in Bank First National Corporation (NASDAQ:BFC - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought…
All the Questions We Still Have After the 'Industry' Season 4 Finale
Where does Industry go from here? The whole fourth season has lead our morally gray finance bros (gender neutral) to some seriously dark places. The Industry season 4 finale “Both, And” just confirmed the point of no return. Will…
KKR weighs options for $1b disability housing bet
KKR is preparing to review options for its disability housing investment Synergis, an early mover in the government-backed sector and believed to be worth as much as $1 billion. The buyout giant's real estate dealmakers started interviewing…
Morgan Stanley to Cut 3% of Workforce Across All Business Lines
Morgan Stanley is cutting about 3% of its workforce, with the global cull impacting employees in its investment banking and trading businesses, as well as its wealth and asset management operations. The dismissals affected both front and…
OmniAb outlines $25M-$30M 2026 revenue guidance as partner pipeline accelerates with OmniUltra and xPloration launches (NASDAQ:OABI)
Growth will be driven by the OmniUltra and xPloration technology platforms, expanded partnerships, and a strategic shift toward royalty-driven revenue streams. Cost discipline from reduced operating and personnel expenses, along with manufacturing…
Morgan Stanley is cutting 3% of its workforce in core business lines, including banking, trading, wealth
Morgan Stanley is reducing its global workforce by 3%. The reductions are expected to impact roughly 2,500 positions out of the about 83,000 the firm reported at the end of 2025, a person familiar with the situation confirmed to Business Insider…
Want to Invest in AI? Consider These 3 Bank Stocks.
It's pretty easy to find great tech companies that are working with artificial intelligence. Nvidia (NVDA), Alphabet (GOOG) (GOOGL), and Palantir Technologies (PLTR) —they're all fantastic opportunities to invest in AI and grow your nest…
Barclays set to cash in on market frenzy amid Middle East crisis
Barclays and its UK banking peers could be set for a cash boost from the brewing crisis in the Middle East as investors quickly dump equities and fears of an inflation spike spread. FTSE 100 giant Barclays has been noted as uniquely shielded by…
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