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.
Investment banks are back on top as private equity loses its grip on Wall Street's biggest paydays
After years in private equity's shadow, Wall Street's biggest banks are reclaiming their status as some of finance's top-paying employers. A new report from compensation consultancy Johnson Associates found that major banks are projected to…
The investment banking AI push is a rising tide
Frontier Al labs are slowly encroaching on well-funded startups that have served companies' industry-specific AI needs. But making inroads is slowgoing and some corporate clients are locked in by existing products. Take investment banking, for…
Prediction Market Startup Kalshi Boosts Valuation to $22 Billion With Fresh $1B Investment
Prediction market platform Kalshi said Thursday that it has raised $1 billion in a Series F funding round at a $22 billion valuation, with investment firm Coatue leading the round. Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan…
Miax reaffirms $265M-$275M 2026 adjusted opex as it targets May 17 Bloomberg Equity Index futures launch (NYSE:MIAX)
Earnings Call Insights: Miami International Holdings (MIAX) Q1 2026 'In Q1, we executed well and continued to benefit from industry tailwinds, posting record quarterly revenue in a volatile market environment,' said (Chairman & CEO Thomas…
Aspen Aerogels expects Q2 revenue of $40M-$48M while targeting ~20% 2026 energy industrial growth after East Providence disruption (NYSE:ASPN)
Aspen mitigated significant commercial impact by using inventory and leveraging external manufacturing capacity, while planning a staged restart of operations and working with the external facility to enhance supply flexibility. Growth is expected…
World's Largest Custodian Bank to Launch Bitcoin and Ethereum Investment Products
BNY is getting ready to delve further into digital assets. According to reports, the biggest custodian bank in the world intends to start offering cryptocurrency custody services in Abu Dhabi, initially concentrating on Bitcoin and Ethereum. The…
Huntington Bancshares Incorpora (HBAN) Stock Forecasts
Based in Columbus, Ohio, Huntington is a regional bank providing a range of retail and commercial banking, residential mortgage lending, and asset management services. The company Exclusive reports, detailed company profiles, and best-in-class…
CDW outlines $100M-$200M geared for growth run-rate improvements into 2027-2028 while maintaining 200-300 bps market outperformance target
AI infrastructure drove hardware sales and margin-accretive opportunities via high-value services and recurring revenues, contributing to strong Q1 net sales and profit growth. Risks include memory supply and pricing constraints, potential…
Wells Fargo Hires Pair of Executives for Wall Street Expansion
Wells Fargo & Co. is bolstering the ranks of its investment-banking business as it looks to grab more share from rivals. Warren Young, who joins from Standard Chartered Plc in Singapore, will be the chief operating officer of Wells Fargo's…
AutoCanada Appoints Mike Woodward as CFO
AutoCanada has appointed Mike Woodward as its new chief financial officer, effective in early July. Woodward brings to the automobile dealership and collision-repair group a background in corporate development, financial strategy and performance…
Lamar anticipates revisiting $8.50 to $8.70 full-year 2026 AFFO per share guidance as national demand strengthens (NASDAQ:LAMR)
Higher-than-expected national and programmatic revenue, strong political advertising, expanding margins, and acquisition growth drove the Q1 earnings beat. Management signaled potential for upward revisions if current trends persist, with AFFO…
Allegro MicroSystems forecasts Q1 FY 2027 EPS of $0.19 to $0.23 with sales of $245M to $255M (NASDAQ:ALGM)
Management projects continued data center growth 'well north of 20%' long-term, driven by scaling content per rack and demand for AI infrastructure, with guidance embedding 20% to 25% growth and durable expansion as technology evolves. Major…
ACV outlines 2026 revenue of $845M-$855M while authorizing $100M buyback amid mid-single-digit dealer wholesale decline outlook (NYSE:ACVA)
A $100 million share repurchase aims to return capital, potentially supporting share price and signaling confidence in future cash flow generation. ACV is gaining market share, expanding its dealer partner network, growing Transport and Capital…
Light & Wonder forecasts mid- to high single-digit 2026 AEBITDA growth amid $40M tariff and U.K. tax headwinds (OTCMKTS:LAWIL)
Tariff pressures, geopolitical and macroeconomic uncertainty, U.K. iGaming tax changes, consumer sentiment, and inflation impact the company's outlook. The company is accelerating Q2 share repurchases and aims to reduce leverage below 3x in the…
Root signals $75M share repurchase authorization as it targets 60%-65% loss ratio range in 2026 (NASDAQ:ROOT)
Record profitability is driven by improved pricing, underwriting, acquisition efficiency, disciplined capital deployment, and strengthened partnerships and distribution channels. Root is taking a more cautious and opportunistic approach, limiting…
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