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.
Orient Securities buyout to create US$85b brokerage amid consolidation push
Orient Securities' buyout of a smaller rival to create a new entity with at least 580 billion yuan (US$85 billion) in assets is a sign that the government-led consolidation of the brokerage industry is deepening, underscoring Beijing's…
Mission v management: Inside the talent drain at the Future Fund
One morning in early September, something peculiar happened at the $335 billion Future Fund: Ben Samild didn't show up for work, and his colleagues were worried. In the months preceding, they'd watched the celebrated chief investment officer, who…
Raymond James Financial: One Of My Best Ideas In The Financials Space (RJF)
Raymond James Financial is an American multinational independent investment bank and financial services company. The company has already increased its dividend for 14 consecutive years. Its 10-year dividend growth rate of 15.3% is impressive.
European stock markets fall and oil and gas prices jump as strait of Hormuz 'chaos' worries investors - business live
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Complacency that the Middle East confict might have been approaching an end has vanished from the markets today, as concern grows that hat…
'Hormuz moment' could herald decline of US dominance: analysts
With global attention fixed on the US and Iranian shipping blockades in the Strait of Hormuz and how many vessels have traversed the critically important waterway, a leading Chinese investment bank has been calculating the long-term gains and…
China's Orient Securities to acquire Shanghai Securities
China's Orient Securities Co said it plans to buy 100 percent of smaller rival Shanghai Securities using cash and newly issued shares, as Beijing encourages consolidation in the brokerage industry. SCROLL TO…
The Travelers Companies, Inc. (TRV) Stock Forecasts
Travelers is a leading provider of auto, home, and business property casualty insurance. The company is organized into three units: Business Insurance, Bond & Specialty Insurance, and Personal Insurance. Exclusive reports, detailed company…
Moran Wealth Management LLC Invests $1.38 Million in Bank of America Corporation $BAC
Moran Wealth Management LLC purchased a new position in Bank of America Corporation (NYSE:BAC) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 25,044 shares of the…
What is Anthony Scaramucci's Reasoning Behind Bold $1M Bitcoin Prediction?
Most Bitcoin price predictions are just numbers. Scaramucci just made an argument. In a tweet that is circulating widely, SkyBridge Capital founder Anthony Scaramucci laid out why he believes Bitcoin does not just compete with gold, but outclasses…
Outdoor M&A Sees Heat in Sporting Goods Category
With the outdoor market undergoing change, the sporting goods sector has become a focus for mergers and acquisitions activity. Recent deals include Varsity Brands acquiring Sports Endeavors — the holding company that owns Soccer.com, World…
FDA Fast Track and a BTIG Buy; Is Climb Bio (CLYM) a Must-Buy Small Cap Stock?
Climb Bio Inc (NASDAQ: CLYM) is one of the must-buy small cap stocks to buy. On April 7, BTIG reaffirmed its Buy rating and $8 price target on Climb Bio Inc (NASDAQ:CLYM). The investment bank made the move after Climb announced it had received FDA…
Warren Buffett's favorite market indicator is flashing a warning
Good morning. A closely watched valuation gauge championed by Warren Buffett is signaling potential trouble in today's market. In a new Fortune article, my colleague Shawn Tully discusses the metric—the Buffett Indicator. It is the ratio of…
Busey Bank Makes New Investment in Garmin Ltd. $GRMN
Busey Bank bought a new position in Garmin Ltd. (NYSE:GRMN - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 9,844 shares of the scientific and technical…
Cliffs expects Q2 selling prices up about $60 a ton as it targets $425M idled property cash receipts (NYSE:CLF)
Energy cost spikes and global conflicts have raised volatility and negatively impacted Q1 EBITDA, but costs are expected to decline in the year's second half. Demand is strong with a full order book, rising automotive orders, low imports, and…
The explosion of U.S. debt is wiping out the 'safety premium' of Treasury bonds, and time is running out for an orderly fiscal solution, IMF warns
Soaring U.S. debt is causing Treasury bonds to lose their risk advantage over other securities, making it more expensive to borrow money, the International Monetary Fund warned. Treasuries have long enjoyed the status as the world's top safe haven…
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