investment banking

October 16, 2024

Morgan Stanley Beats Q3 Profit Estimates as Revenue Surges 16%

Morgan Stanley delivered better-than-expected results for the third quarter of 2024, surpassing analysts’ forecasts for profit and revenue as each of its key divisions performed strongly. The bank reported a 32% increase

August 18, 2025

Citi’s investment bank climbs on Vis Raghavan hires

Viswas Raghavan is reshaping Citigroup’s investment bank with an aggressive hiring spree and cross-division collaboration. Since joining from JPMorgan in 2024, he has brought in more than a dozen senior bankers and

October 11, 2024

Big Banks Brace for Rate Cuts as Q3 Earnings Season Begins

As the third-quarter earnings season kicks off, all eyes are on the largest U.S. banks, including JPMorgan Chase, Wells Fargo, Bank of America, and Citigroup. Investors are eager for insights into how

U.S. Banks See Investment Banking Revival Ahead

by Jamie Spencer

Q2 Results Beat Forecasts Amid Dealmaking Comeback Major U.S. banks posted stronger-than-expected earnings in the second quarter, fueled by a resurgence in investment banking activity and increased market volatility from tariff announcements.

July 15, 2025

Erste Group Bank in Talks with Santander Over $8 Billion Deal

by Jamie Spencer

Introduction Austrian lender Erste Group Bank (ERST.VI) is in discussions with Spain’s Banco Santander (SAN.MC) regarding a potential deal to acquire a 49% stake in Santander’s Polish unit, a transaction that could

April 28, 2025

Bank of America and Citigroup Benefit from Market Volatility

by Jamie Spencer

First-Quarter Profits and Revenue Surge Amid Trade Uncertainty Bank of America (BAC) and Citigroup (C) reported strong first-quarter profits and revenue, bolstered by robust trading results. Both banks have emerged as beneficiaries

April 15, 2025

Deutsche Bank Flags Auto Sector as Key Risk

by Jamie Spencer

Deutsche Bank warned on Thursday that the auto sector poses a growing risk to its portfolio, citing potential U.S. tariffs, economic challenges, slow EV adoption, and competition from China. Auto Sector Under

March 13, 2025

HSBC Reports 3% Workforce Reduction and Stable Bonus Pool

by Jamie Spencer

HSBC’s headcount fell by 3% in 2024 while its staff bonus pool remained largely unchanged, according to the bank’s financial report issued on Wednesday. The Asia-focused lender continues to focus on cost-cutting

February 19, 2025

JP Morgan Struggles With Office Space as It Ends Remote Work

by Jamie Spencer

JP Morgan Faces Space Crunch in London HQ JP Morgan is facing a shortage of desk space at its Canary Wharf headquarters as it pushes its 22,000 UK employees to return to

February 13, 2025

HSBC to Wind Down M&A and Equity Capital Markets in the West

by Jamie Spencer

HSBC is preparing to exit its M&A and equity capital markets businesses in the U.K., Europe, and the U.S. as part of a broader restructuring of its investment banking operations. The decision

January 28, 2025

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