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.
JPMorganChase's profits climb on investment banking surge
Key insight: JPMorganChase's bottom line grew in the first three months of the year, as the bank's markets business boomed in the first quarter. Supporting data: The company reeled in record markets revenue of $11.6 billion, a 20% rise from the…
Citi profit beats estimates as market volatility lifts trading revenue
Citigroup beat estimates for first-quarter profit on Tuesday, as geopolitical tensions fueled market volatility and boosted trading revenue, while strong dealmaking buoyed investment banking fees, sending its shares up 1.4 percent premarket. SCROLL…
JPMorgan profit rises as volatile markets drive trading division
JPMorgan Chase reported a rise in first-quarter profit on Tuesday as its trading division got a boost from volatility across global markets. SCROLL TO CONTINUE WITH CONTENT Net income rose to US$16.5 billion (HK$129.3 billion), or US$5.94 per…
Deutsche Bank Questions Diageo plc (DEO) Earnings Growth Prospects on Industry Headwinds
Diageo plc (NYSE: DEO) is one of the top consumer defensive stocks to buy now. On March 31, Deutsche Bank upgraded Diageo plc (NYSE:DEO) to a Buy from a Hold but cut the price target to £1650 from £1790. The price target cut coincided…
Third View Private Wealth LLC Makes New $1.39 Million Investment in Bank of America Corporation $BAC
Third View Private Wealth LLC bought a new position in Bank of America Corporation (NYSE:BAC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 25,227 shares of the…
Prediction Market Volumes Will Hit $1 Trillion by 2030 as Sports Betting Moderates: Bernstein
Prediction markets are becoming an increasingly popular way for people to speculate on sports, but those wagers won't drive platforms' trading volumes to $1 trillion by the end of the decade on their own, analysts at investment bank Bernstein wrote…
Citi's banking costs jumped as it hired top dealmakers - now it's betting on a payoff
In a January memo to employees, Citigroup CEO Jane Fraser urged bankers to move faster and aim higher as she pushed the firm beyond its yearslong revamp. Now, the costly reality of hiring the dealmakers to realize that vision is showing up in the…
Jim Cramer's top 10 things to watch in the stock market Tuesday
My top 10 things to watch Tuesday, April 14 1. Stocks are headed for a higher open, including the Nasdaq. The tech-heavy index enters today's session up nine sessions in a row, its longest winning streak since December 2023. Stocks rallied…
S&P 500 futures are little changed after index erases Iran war losses: Live updates
Charly Triballeau | AFP | Getty Images Futures tied to the S&P 500 were near flat on Monday night, following a strong session in which traders shrugged off a breakdown in peace talks between the U.S. and Iran, yet were optimistic that a deal…
JPMorgan Chase is set to report first-quarter earnings - here's what the Street expects
JPMorgan Chase reports first-quarter earnings before the bell on Tuesday. Wall Street expects earnings of $5.45 per share and revenue of $49.17 billion, according to LSEG. JPM executives will host a call with analysts at 8:30 a.m. ET. Eva Marie…
Goldman Sachs Group, Inc. (The) (GS) Stock Forecasts
The Goldman Sachs Group provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman reorganized its businesses in 4Q22 into…
Banks see economy as 'resilient' but warn about rising energy prices
NEW YORK -- The nation's biggest banks posted another quarter of strong profits, helped by a resilient economy and a flurry of dealmaking for their investment banking units. But the strong profits were clouded by the bank's outlook for 2026, as…
CarMax signals $200M FY27 SG&A exit-rate cuts as it expects ~$400M capex and pauses buybacks (NYSE:KMX)
Pressed margins, higher delinquencies, increased restructuring costs, and noncash goodwill impairment are key financial pressures, with further margin compression and near-term earnings declines expected into FY27. Management is lowering prices…
HSBC's Top Wall Street, Europe Banker Keefe Quits After Overhaul
HSBC Holdings Plc 's head of US and European commercial and investment banking has left the firm just over a year after being put in charge of the business, following a major overhaul of global operations. Gerry Keefe, head of banking in Europe and…
This is Why AppLovin Corporation (APP) is a Top Growth Stock in Philippe Laffont's Portfolio
AppLovin Corporation (NASDAQ: APP) is one of the top growth stocks in billionaire Philippe Laffont's portfolio. On April 7, AppLovin Corporation (NASDAQ:APP) stock rallied by about 6.7% as investors reacted to Wells Fargo raising the stock's price…
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