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.
KeyCorp bulks up investment banking with purchase of UK firm
Key insight: KeyCorp is buying an investment banking advisory firm based in the United Kingdom, as it seeks to bulk up its investment banking business. What's at stake: The deal offers U.S.-based private equity sponsors and corporate clients access…
Goldman Sachs Says Ex-Star Banker Leissner Is Hiding Its Money
Goldman Sachs Group Inc. says its former star banker Tim Leissner collected more than $20 million in compensation while secretly carrying out one of the largest frauds in history involving Malaysia's 1MDB fund. The investment bank wants it back…
Wall Street Watchdogs Ramp Up Scrutiny of Private-Credit Industry
In the first quarter, investors sought to pull more than $20 billion from certain types of private-credit funds, though they were only able to get $11 billion, according to data from investment bank Robert A. Stanger. Now, The Wall Street Journal…
AI is going to change the video game industry. Morgan Stanley says these 4 stocks will be winners
Artificial intelligence is set to upend the gaming industry. Advances in generative AI could cut the cost of developing new games in half, according to a research report out Tuesday from Morgan Stanley. That would create a $22 billion profit…
Industry-backed campaign aims to boost UK's investment culture
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. A campaign aiming to transform people's attitudes towards…
City firms bank on 'savvy' advertising campaign to push Brits towards investing
City firms are pinning their hopes on a government-endorsed advertising blitz fronted by a finance “savvy” CGI squirrel to encourage cautious British savers to shift out of cash and start investing. The long-awaited retail investment…
Apollo's Ingenico Starts Talks With Lenders on 'Untenable' Debt
French payments firm Ingenico, backed by Apollo Global Management, has started debt talks with creditors as it struggles to keep up with its interest bill. The company is working with Rothschild as a financial adviser, according to people familiar…
Leicester 'face £70m black hole' after disastrous spending gamble
Leicester City enjoyed the good times, now they are going to have to endure the bad - and there are signs they may not have hit rock bottom. The drop to League One was confirmed after Tuesday's 2-2 draw at home to Hull City. Many fans stayed away…
AGNC Investment Corp. (AGNC) Stock Forecasts
AGNC Investment Corp. is a publicly traded REIT focused on residential housing. The company's investment portfolio consists of agency mortgage-backed securities (MBS) managed on a leveraged basis. The company uses an actively managed portfolio and…
Raymond James outlines ~$2.3B noncomp expense target while expecting ~1% Q3 fee growth (NYSE:RJF)
Record revenues were driven by adviser recruiting, fee-based asset growth, strong capital markets performance, and improved investment banking. Declining short-term rates and cash sweep balances led to margin pressure, and future profitability is…
Inventiva Strengthens Leadership Team Ahead of Expected Phase 3 Data Readout of Lanifibranor
Recruitment of Chief Financial Officer, Chief Legal Officer, and Chief People Officer reflects Inventiva's organizational build-out as it advances toward potential commercialization. Axel-Sven Malkomes joins as Chief Financial Officer, bringing…
Industry-backed campaign aims to boost UK's investment culture
A campaign aiming to transform people's attitudes towards investing has launched, with research suggesting that seven in 10 (69%) people rarely or never talk about the subject. The Invest For The Future campaign is backed by several financial…
Raymond James 2Q Profit, Revenue Rises on Asset Management Growth
The investment banking and financial services company posted a fiscal second-quarter profit of $542 million, or $2.72 a share, compared with $493 million, or $2.36 a share, a year earlier. Adjusted earnings per share were $2.83, compared with…
M&T Bank Corp Invests $43.20 Million in SL Green Realty Corporation $SLG
M&T Bank Corp bought a new position in SL Green Realty Corporation (NYSE:SLG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 941,818…
Lam forecasts June quarter EPS $1.65 ± $0.15 as it raises 2026 WFE view to $140B with upside bias (NASDAQ:LRCX)
Management expects margins to remain around guided levels, citing reliability and operational efficiencies, but analysts remain skeptical about long-term durability given industry constraints. Management highlights AI-driven demand as a key driver…
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