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.
Jefferies Profit Soars on Investment Banking Gains
The investment banking company posted a profit of $226.2 million, or $1.02 a share, up from $88 million, or 40 cents a share, in the same quarter a year earlier. Analysts polled by FactSet had been looking for earnings of $1.16 a share. Revenue…
Exosens secures €140 million in EIB financing to foster innovation in Europe's defense and security industry
EXOSENS SECURES €140 MILLION IN EIB FINANCING TO FOSTER INNOVATION IN EUROPE'S DEFENSE AND SECURITY INDUSTRY EIB financing will support Exosens' investments in advanced night vision and imaging technologies serving European defense…
Potential Jamie Dimon successor leaves JPMorgan as two co-presidents are named
JPMorgan Chase has appointed Doug Petno and Troy Rohrbaugh as co-presidents, a strategic move aimed at advancing the bank's succession planning. The pair had led the bank's commercial and investment banking division since early 2024. Petno will…
'Proof of concept': Pathway Fund incubator graduates secure investment from British Business Bank
British Business Bank announces £90m commitment across 10 microfunds led by teams from diverse backgrounds, including three that received funding and support from Pathway Fund's incubator programme. Three diverse fund managers have secured a…
JPMorgan Chase names Doug Petno, Troy Rohrbaugh co-presidents
June 25 (UPI) -- JPMorgan Chase has named its new co-presidents on Thursday while announcing the departure of consumer and community banking CEO Marianne Lake. Doug Petno and Troy Rohrbaugh will ascend to the roles of co-presidents after leading…
US SEC probes popular type of private equity fund as it steps up industry scrutiny, sources say
The US Securities and Exchange Commission's enforcement division is probing funds typically used by private equity firms and other money managers to hold on to assets they either cannot or do not wish to sell, as the agency explores potential…
Politics And The Markets 06/25/26
This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day. Please don't leave political comments on other articles or posts on the site. The comments below are not regulated with the same rigor…
The Club's top 10 things to watch in the stock market Thursday
The Club's 10 things to watch Thursday, June 25 1. The tech-heavy Nasdaq is set to rally today, led by semiconductor stocks after memory chipmaker Micron signaled supply still can't keep up with growing AI-fueled demand. S & P and Dow futures are…
We just got a better idea of who might succeed Jamie Dimon as JPMorgan CEO
JPMorgan has named two new co-presidents, the biggest hint yet as to who might replace longtime CEO Jamie Dimon. On Thursday, the finance giant said Doug Petno and Troy Rohrbaugh, who are currently the co-heads of JPMorgan's investment bank, would…
JPMorgan loses a key figure in the race to succeed CEO Jamie Dimon
JPMorgan Chase (JPM) said Thursday that the company is undergoing a major reshuffling of top management under CEO Jamie Dimon, adding the latest twist to the succession saga at the country's largest bank. The bank's co-CEOs of its commercial and…
China's Self-Reliance Drive Powers 1,200% IPO Surge, Minting A New Billionaire
China's focus on technology self-reliance has minted a new billionaire as investors pile into the shares of semiconductor component maker Chongqing Genori Technology. The firm's shares have soared almost 1,200% from its initial public offering…
JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits
JPMorgan Chase on Thursday promoted two of its top executives into newly created co-president roles, marking the latest step in CEO Jamie Dimon's long-running succession plan while announcing the retirement of one of Dimon''s most prominent…
JPMorgan Chase promotes Petno, Rohrbaugh to copresidents, setting up two more successors for Dimon
NEW YORK (AP) — JPMorgan Chase promoted investment bankers Doug Petno and Troy Rohrbaugh to copresidents of the bank, elevating two potential contenders to succeed Jamie Dimon whenever the longtime CEO step downs from running the nation's…
Political shift in London sparks relocation dilemma for Hong Kong emigrants
Following the sudden resignation of British Prime Minister Keir Starmer, former Greater Manchester Mayor Andy Burnham has emerged as the runaway favorite to lead the ruling Labour Party, putting him on track to become the United Kingdom's seventh…
JPMorgan names Petno, Rohrbaugh co-presidents, sharpening Dimon succession planning
JPMorgan Chase on Thursday named insiders Doug Petno and Troy Rohrbaugh as co-presidents, advancing succession planning as veteran CEO Jamie Dimon marks 20 years atop Wall Street's largest bank. SCROLL TO CONTINUE WITH CONTENT Dimon has led…
Receive a Daily briefing on Investment Banking Industry News
Get Started