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 names trio to co-lead global investment banking
Key insight: JPMorganChase unveiled new leadership for its global investment banking business and rolled out a model in which industry coverage groups and sector M&A teams will operate under one umbrella. What's at stake: Investment banking is a…
Who Is Kevin Warsh? Trump's Fed Chair Nominee Had Deep Billionaire Ties
The Senate on Wednesday approved President Donald Trump's nominee for Federal Reserve chair, ending a contentious confirmation process for Kevin Warsh, a former central bank official-turned-critic and aide to former President George W. Bush, with…
Politics And The Markets 05/14/26
This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day. Please don't leave political comments on other articles or posts on the site. The comments below are not regulated with the same rigor…
Algoma targets breakeven adjusted EBITDA by Q4 as capacity utilization charge trends from $90M to $0 (NASDAQ:ASTL)
Management expects improved performance, reduced transition costs, and a pathway to breakeven EBITDA by the fourth quarter, supported by the end of blast furnace operations and legacy-asset cost reductions. Key risks include sustained U.S. steel…
Insight Molecular Diagnostics expects about $0.25M Q2 2026 revenue while projecting second-quarter cash burn above $9M (NASDAQ:IMDX)
Milestones include ongoing FDA review progress, first U.S. orders expected later this year, expanding registry participation (now at 34 U.S. centers toward a 50-center goal), international proof-of-concept orders, and addressing operational…
FRP projects 2026 NOI around $37M as it targets industrial lease-up and development stabilization (NASDAQ:FRPH)
Management is focused on execution, actively signing new leases and LOIs, and refining decision processes to accelerate occupancy recovery and stabilize project revenues. Lease-up timing, higher platform costs, and increased interest expense are…
Korea's priciest golf club may change hands
Poongsan reportedly exploring deal for luxury Songdo course as investor interest grows around premium golf assets Poongsan Group is exploring the potential acquisition of Jack Nicklaus Golf Club Korea, according to an exclusive report by Herald…
Corbion General Shareholders Meeting approves Supervisory Board appointments and dividend
The annual Corbion General Shareholders Meeting held on 13 May 2026 approved the appointments of Per Falholt and Bob Elfring as members of the Supervisory Board. Per Falholt brings over 40 years of experience in research and development…
WNBA, NBA Board of Governors approve sale of Sun; Houston relocation set for 2027
UNCASVILLE, Conn. — Twilight is on the horizon for the Connecticut Sun. After a prolonged process, the WNBA and NBA Board of Governors approved the relocation and sale of the franchise from the Mohegan Tribe to Tilman J. Fertitta, the league…
Time running out for Senate crypto deal
The Senate Banking Committee is scheduled to vote Thursday on a bill meant to give federal regulators clear guidelines for overseeing crypto companies, a long-standing priority for the industry and its supporters in Washington. President Trump and…
AI Won't Necessarily Lead to Mass Unemployment: The Case of the Financial Industry
May 14, 2026 Dean Baker There is widespread concern that AI will lead to mass unemployment in the years ahead. As I and others have pointed out, we have yet to see any evidence of this in the data on job growth or productivity. But maybe we just…
Aeluma outlines $4.2M-$4.6M FY2026 revenue guidance amid government contract timing delays (NASDAQ:ALMU)
Earnings Call Insights: Aeluma (ALMU) Q3 fiscal 2026 'Today, I'll begin with a recap of the Optical Fiber Communication Conference, or OFC... and how Aeluma's engagements in the AI datacom market have accelerated.' (CEO, President & Chairman…
Heimstaden AB (publ) Divests Swedish School Property
Heimstaden AB (publ) has divested its 80 percent shareholding in Heimstaden Samariten AB, owner of the real property Eskilstuna Samariten 14. It is divested to Slättö Nybrofast Samariten MergeCo AB, as part of a fund managed by…
Worksport reaffirms $35M-$42M fiscal 2026 revenue guidance while shifting to annual guidance updates (NASDAQ:WKSP)
Worksport aims to convert inventory into revenue, improve gross margins across channels, reduce operating cash burn, and potentially raise additional funding. Management notes progress depends on generating future operating cash and maintaining…
Doximity forecasts fiscal 2027 revenue of $664M-$676M amid 'AI investment year' and softer pharma ad visibility (NYSE:DOCS)
Earnings Call Insights: Doximity (DOCS) Q4 fiscal 2026 'Q4 ended above the high end of our guidance, with a record $107 million in free cash flow, our first ever 9-digit free cash flow quarter.' (Co-Founder, CEO & Chairperson Jeffrey Tangney)…
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