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 Taps Lee, Richitt to Run Health-Care Investment Banking
JPMorgan Chase & Co. has elevated Jerry Lee and Nick Richitt as global co-heads of health-care investment banking. The bankers succeed Jeremy Meilman, who will become a vice chair of investment banking and spend more time with key health-care…
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…
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…
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…
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…
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…
American Express reaffirms 2026 guidance of 9%-10% revenue growth and $17.30-$17.90 EPS while increasing marketing and technology investments
Management reaffirmed 9%-10% revenue growth and EPS of $17.30-$17.90 for 2026 despite Q1 outperformance, directing extra gains into investment rather than adjusting guidance. Amex is increasing investments in marketing and technology and launching…
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…
Helen of Troy outlines FY27 net sales of $1.751B-$1.822B and adjusted EPS of $3.25-$3.75 (NASDAQ:HELE)
Management reports $51 million gross unmitigated tariff impact, successfully reduced to below $30 million operationally this year. Ongoing mitigation actions (supplier diversification, pricing, manufacturing footprint changes) aim to lower exposed…
First-quarter growth robust at 5%
China's economic growth accelerated to 5 per cent in the first quarter of 2026 despite mounting external uncertainties, underscoring that the resilience of the world's second-largest economy is underpinned by its vast domestic market, officials and…
Newmont expects Cadia to return to 80% capacity in 5 weeks and maintains 2026 guidance with new $6B buyback authorization (NYSE:NEM)
By processing surface stockpiles, completing underground rehabilitation to return to 80% capacity soon, with full recovery expected by the end of Q2. Mitigation efforts target a temporary Q2 production dip and expect improvements by Q3. Newmont…
Ameriprise anticipates Huntington Bank onboarding to add $28B and approximately 260 advisers in Q4 (NYSE:AMP)
Earnings Call Insights: Ameriprise Financial (AMP) Q1 2026 “Ameriprise delivered a strong start to the year, driven by our disciplined execution and the benefits of our diversified business,” Jim Cracchiolo said, adding that…
Visteon reaffirms $3.625B-$3.825B 2026 sales outlook amid memory tightness and AI cockpit wins (NASDAQ:VC)
Management reaffirmed full-year guidance despite memory supply tightness and ongoing cost recovery negotiations, expecting most recoveries to close by end of Q2 and additional supply to have more impact in the second half. Management maintained its…
EastGroup projects 2026 FFO of $9.52 per share while increasing development starts guidance to $265M (NYSE:EGP)
Management highlighted high occupancy, re-leasing spreads, and diversified tenancy as signs of strong portfolio resilience despite extended decision cycles and macro uncertainty. Guidance increased for FFO and development starts, with raised…
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