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.

ft.com - Joshua Franklin - Goldman's David Solomon takes a near 30% pay cut to $25mn after rocky 2022
Goldman's David Solomon takes a near 30% pay cut to $25mn after rocky 2022
Financial Times

Chief executive takes a bigger reduction than his Wall Street peers as bank lays off staff and slashes bonuses Receive free Goldman Sachs Group updates We'll send you a myFT Daily Digest email rounding up the latest Goldman Sachs Group news every…

bloomberg.com - Xinyi Luo - A Union Square Advisors Banker Previews Tech M&A Trends to Watch
A Union Square Advisors Banker Previews Tech M&A Trends to Watch
Bloomberg

Hi, it's Xinyi Luo in New York, recapping my recent talk with a partner at Union Square Advisors on its 2023 tech M&A market outlook. Elsewhere, Salesforce appoints new directors, which don't include most of the activists circling plus there's a…

businessinsider.com - Paige Hagy - The future of due diligence in the wake of FTX and Frank
The future of due diligence in the wake of FTX and Frank
Business Insider

Recent fraud allegations on Wall Street have put M&A due-diligence teams under a microscope. After years of breakneck M&A, experts say deals will be put through more scrutiny. Insider spoke with 13 bankers, analysts, and fintech execs about the…

reuters.com - Lananh Nguyen - Goldman Sachs CEO touts bank performance as some investors balk
Goldman Sachs CEO touts bank performance as some investors balk
Reuters

NEW YORK, Jan 27 (Reuters) - To listen to Goldman Sachs Group Inc (GS.N) chief executive David Solomon, the bank is doing 'great,' while skeptical investors wonder what comes next. Days after Goldman reported disappointing profits that sent shares…

businessinsider.com - Zinya Salfiti - Wall Street giants may be among FTX creditors, new court documents show
Wall Street giants may be among FTX creditors, new court documents show
Business Insider

The 116-page document connects some of the biggest names on Wall Street to FTX's bankruptcy case. The list doesn't disclose the size or kind of debts the collapsed crypto firm might owe the banks, Bloomberg reported. Other elite financial…

businessinsider.com - Britney Nguyen - Goldman Sachs CEO makes $25 million after 30% pay cut
Goldman Sachs CEO makes $25 million after 30% pay cut
Business Insider

Goldman Sachs CEO David Solomon took a salary cut in 2022, making just $25 million in compensation. His performance-based pay fell by about 30% from $35 million in 2021. Solomon's annual base salary is $2 million, and he made $23 million in annual…

marketwatch.com - Steve Gelsi - Goldman Sachs finds criticism from The Economist
Goldman Sachs finds criticism from The Economist
MarketWatch

Goldman Sachs criticism is now on the front page of a major business publication. This week's Economist magazine featured a melting blue Goldman Sachs Group Inc. logo with the name “Goldman Sags” inside it, as the tough month for the…

ft.com - Olaf Storbeck - Perella Weinberg suspends London-based banker after insider trading probe
Perella Weinberg suspends London-based banker after insider trading probe
Financial Times

Bank's offices raided this week as part of investigation that has already led to one arrest in Germany Receive free Perella Weinberg Partners LP updates We'll send you a myFT Daily Digest email rounding up the latest Perella Weinberg Partners LP…

finextra.com - Editorial Team - Dubai Investments buys stake in UK digital bank Monument
Dubai Investments buys stake in UK digital bank Monument
Finextra Research

Dubai Investments has acquired a nine per cent stake in Monument, a digital banking startup targeting the UK's mass affluent market. Terms were not disclosed. Monument has set its sights on Britain's approximately 4.8 million professionals with…

yahoo.com - Heather Taylor - Experts Explain How Gen Z's Interest in Crypto Will Affect the Future of Banking
Experts Explain How Gen Z's Interest in Crypto Will Affect the Future of Banking
Yahoo | Mail, Weather, Search, Politics, News, Finance, Sports & Videos

Cryptocurrency, as far as Gen Z is concerned, has a place in the future of finance. GOBankingRates' Best Banks 2023 survey revealed that more than a quarter of Gen Z respondents think having their bank affiliated with a cryptocurrency exchange or…

marketwatch.com - Steve Gelsi - Goldman Sachs CEO pay drops 30% after profit falls 48% and share price loses 10% in tough 2022
Goldman Sachs CEO pay drops 30% after profit falls 48% and share price loses 10% in tough 2022
MarketWatch

Goldman Sachs CEO David Solomon will take home 30% less pay in in 2022 after a tough year for the investment bank that saw its stock price drop by 10% and its net earnings drop by $10.4 billion from the blockbuster year in 2021. The bank's…

cnbc.com - Jeff Cox - A further stock rally will be 'like bathing in lava' for market bears, BofA says
A further stock rally will be 'like bathing in lava' for market bears, BofA says
CNBC

Investors betting against the stock market have taken their lumps in 2023 and could be in for more trouble ahead, according to Bank of America. The S & P 500 has risen about 5.5% in just the first four weeks of the new year as investors have grown…

seekingalpha.com - Wall Street Breakfast - Wall Street Breakfast: Silicon Volley
Wall Street Breakfast: Silicon Volley
Seeking Alpha

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. A war over silicon is brewing between the world's two largest economies as the U.S. looks to isolate China…

therealdeal.com - Kevin Rebong - Goldman Sachs Predicts Boom-and-Bust Market for Austin This Year
Goldman Sachs Predicts Boom-and-Bust Market for Austin This Year
The Real Deal New York

BY TRD STAFF JAN 27, 2023 8:00 AM As Wall Street braces for its biggest round of layoffs since the 2008 mortgage crisis, Goldman Sachs makes some bold predictions for the U.S. housing market. In a note to clients obtained by Fox Business, the New…

businessinsider.com - Dan DeFrancesco - Buyers will leverage recent allegations of fraud to control deal terms
Buyers will leverage recent allegations of fraud to control deal terms
Business Insider

It's Friday, Friday. Gotta get down on Friday ! Dan DeFrancesco in NYC, and I'm wracking my brain wondering what Sam Bankman-Fried's secret code word is for his attack dog. Shoot me a tweet or an with your best guess. I'll include the best one in…

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