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.
JPMorgan promoted 135 execs to managing director in banking and markets - see the list
A small circle of JPMorgan employees is likely having a very, very good week. JPMorgan Chase promoted a large swathe of executives to managing director, the highest title at the firm outside the C-suite, according to screenshots of the company's…
RBC Hires Industrials Bankers Gandhi, Choi in Advisory Push
Royal Bank of Canada has hired industrials bankers Kinjal Gandhi and Alex Choi as Canada's biggest bank continues building out its investment banking franchise. Gandhi is joining RBC Capital Markets as a managing director from Barclays Plc, while…
Jane Street Snatches Wall Street Crown With Record $39.6 Billion Trading Haul
Jane Street Group reeled in a Wall Street record $39.6 billion of trading revenue last year, capping a stunning ascent to the peak of the industry. The firm flew past global investment banks after reaping $15.5 billion in the year's final quarter…
China's CITIC Securities quarterly profit jumps 55pc on brokerage fees
China's CITIC Securities (6030) reported on Friday a jump of 54.6 percent in first-quarter profit year-on-year, driven by surging brokerage fee income on high trading activity in domestic capital markets. SCROLL TO CONTINUE WITH CONTENT In a stock…
Minneapolis campaigners press Swiss National Bank to dump Palantir investment
BERN, April 24: The Swiss National Bank should sell its $1.1 billion stake in Palantir Technologies, campaigners from Minneapolis said at a meeting of the central bank on Friday, citing the firm's involvement in U.S. immigration enforcement…
JPMorgan Promotes 135 Traders, Dealmakers to Managing Director
JPMorgan Chase & Co. has named 135 bankers and traders to managing director positions in its commercial and investment bank, according to a person familiar with the matter. Here's a list of the promotions — first reported by Business Insider…
Morgan Stanley Targets BlackRock With Money Market Fund for Stablecoin Issuers
Morgan Stanley debuted a money market fund intended for stablecoin issuers on Friday, positioning the product as a way for companies like Circle to manage their reserves. The Stablecoin Reserves Portfolio (MSNXX), which is available on days when…
Stewart anticipates 3%-5% residential market growth in 2026 while targeting low-teen RES margins (NYSE:STC)
The commercial segment is viewed as resilient with solid growth, driven by higher fee-per-file metrics and a strong deal pipeline, which management expects to continue even if growth varies year-over-year. Management revised residential growth…
MSCI Inc. (MSCI) Stock Forecasts
MSCI is a leading provider of investment-decision support tools worldwide. Its line of products and services includes indices, analytical tools, and ESG and climate research products. The stock is a comp Exclusive reports, detailed company…
Universal outlines $352M multiyear reinsurance coverage through 2027-2028 treaty period (NYSE:UVE)
Management credited improved profitability, a lower net loss ratio, growth across multiple states, and robust reinsurance execution for Q1's strong results with a 38.5% annualized adjusted return on equity. The 2026-2027 reinsurance renewal was…
Primis outlines $1.8B mortgage closings while targeting a top 50 mortgage ranking in 2026 (NASDAQ:FRST)
Margin expansion is driven by deposit mix improvements, subordinated debt redemption, loan repricing, and balance sheet actions; management expects margin to rise to high 3.4s-3.5% as the year progresses. Mortgage concentration could become too…
Old second anticipates 3%-4% expense growth while targeting mid-single-digit loan growth (NASDAQ:OSBC)
Management expects loss content to trend lower in coming quarters with some ongoing elevation in Powersports losses, and is working aggressively to reduce nonperforming assets. Management sees the near-term margin as stable and expects it to trend…
P&G maintains FY26 core EPS $6.83-$7.09 while signaling results 'towards the lower end' amid Middle East cost headwind (NYSE:PG)
Management expects a negative cost impact, causing FY2026 EPS to likely land toward the lower end of the $6.83 to $7.09 guidance range due to $150 million in after-tax cost headwinds from logistics and energy. Management is confident in underlying…
Moog forecasts FY 2026 adjusted EPS $10.60 ±$0.20 as tariff pressure rises to 110 bps (NYSE:MOG.A)
Defense demand is strong and accelerating due to geopolitical factors, particularly the Middle Eastern war, leading to substantial revenue growth, record backlog, and planned increases in missile program production rates. Major risks include…
Byline outlines $99M-$101M Q2 net interest income range as it targets mid-single-digit loan growth (NYSE:BY)
Management is not limiting growth to stay below $10 billion and expects crossing this threshold to trigger an annual Durbin-related hit of $3.5–$4 million starting mid-2027; however, they emphasize continued capital flexibility and stable…
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