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.
Big US banks rake in near $50bn profit as Iran war shakes markets
Big US banks raked in nearly $50bn (£37bn) worth of profits in the first three months of the year, as they benefited from stock market turbulence triggered by the US-Israeli war on Iran. Wall Street's largest lenders have reported a jump in…
Citi profit beats estimates as market volatility lifts trading revenue
Citigroup beat estimates for first-quarter profit on Tuesday, as geopolitical tensions fueled market volatility and boosted trading revenue, while strong dealmaking buoyed investment banking fees, sending its shares up 1.4 percent premarket. SCROLL…
Morgan Stanley's profit beats estimates on dealmaking surge, trading boost
Morgan Stanley beat Wall Street expectations for first-quarter profit on Wednesday, as the investment bank benefited from a surge in dealmaking and raked in record revenue from its equities trading business. SCROLL TO CONTINUE WITH CONTENT…
KKR-backed CleanPeak Energy buys industry-super-owned renewables biz
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.
Jim Cramer's top 10 things to watch in the stock market Wednesday
My top 10 things to watch Wednesday, April 15 1. Stock futures are basically flat this morning as the S & P 500 sits within spitting distance of a new record close. We've had a remarkable comeback rally from the late March lows, leading to an…
Trading Desks Earn Big Amid Market Volatility
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify. Good morning! Here's the latest in trending: Another try: Trump hints at imminent talks with Iran in Pakistan, while the…
Here's what CEOs and top execs are saying about how the Iran war is affecting business
More than six weeks have passed since the Iran war began, and the impact of the conflict on businesses is becoming more evident. The impacts of surging oil prices, supply chain issues, and lower demand from the Middle East are starting to show up…
Citigroup, Inc. (C) Stock Forecasts
Citigroup is one of world's largest banks, with global consumer banking, corporate banking, and investment banking operations. The company has approximately 200 million customer accounts Exclusive reports, detailed company profiles, and…
Bank of America joins big bank peers in reporting rising profits, calls US economy 'resilient
Bank of America (BAC) said on Wednesday that profits leaped 17% from a year ago. The country's second-largest bank reported profits rose to $8.6 billion, or $1.11 per share, exceeding the $1.01 per share that analysts forecast. Net revenue rose 7%…
Hedge Fund Leverage Powered by a Few Key Banks Sparks Concerns
The growing dominance of a handful of banks supplying billions of dollars to help juice bets at hedge funds and proprietary trading firms is sparking new financial stability risks, ratings agency S&P Global Inc. warned. Its latest analysis shows…
Stock market returns to levels seen before Iran war
The stock market has regained most losses inflicted by the Iran war, despite ongoing global trade and energy market disruption. Investors seem unfazed by the continued chokehold of the Strait of Hormuz, and oil prices fell somewhat on the news that…
BofA's trading desk avoided a single daily loss in Q1 amid market turmoil
NEW YORK (AP) — The market volatility of the last three months, caused partly by the war in Iran, has been a boon to Wall Street, as another set of banks reported strong profits helped by wild swings in markets and companies looking to make…
Taking Stock of the Retail Prop Trading Market
In recent years, retail prop trading has emerged as a viable alternative to the traditional brokerage business model. The segment has marketed itself effectively, and activated new retail demographics that other financial service providers have…
Exeter Chiefs: US-backed takeover to be put to vote
BBC Sport rugby union news reporter Exeter Chiefs have finalised a proposed takeover by an American backer as the investor influx to Prem Rugby continues. The Devon club will now put the offer to a vote by their 700 members in a special general…
Stock Movers: Morgan Stanley, Robinhood, Allbirds
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for…
Receive a Daily briefing on Investment Banking Industry News
Get Started