Tags: Investment banking

Morgan Stanley Reports Better-Than-Expected Q2 2024 Earnings

Morgan Stanley Reports Better-Than-Expected Q2 2024 Earnings

Morgan Stanley reported that profits performed better than expected across the board in the second quarter of 2024 despite investors shifting to higher-yielding assets.


Ex-SEC Chief William Donaldson Dies Aged 93

The Yale University School of Management announced the death of its founding dean, former Securities and Exchange Commission chairman Wiliam Donaldson, at the age of 93.

Citigroup sets up new group for rich investors

Citigroup has established a new asset management group to offer varied solutions and services to richest investors across the world. The new global asset management group will function within investment banking business and it'll bring several segments together.

Wells Fargo Seeks Laughlin Successor for Merger and Acquisition Chief

John Laughlin is stepping down as the head of merger and acquisition, becoming the vice chairman of the business. Wells Fargo is now looking to replace him considering both internal and external candidates.


Latest News

WestPark Capital, a Los Angeles based Investment banking firm, announced today it has opened a New York City office and hired two Managing Directors, Brandon Ross and Jonathan Blum.
UBS AG Chief Executive Officer Sergio Ermotti belied rumors that the biggest lender in Switzerland will be spinning off its investment banking business, Bloomberg reported.
Howard Chen, an analyst from Credit Suisse, will be joining the bank's Investment Banking Department as the Managing Director and Global Head of Financial Technology and Financial Strategies.
The Gulf region, after years of doldrums, is now on the road for recovery according to Morgan Stanley executives.
Bank of America Corp, the second biggest bank in the US by asset announced its new investment banking vice chairman, John Binnie from Moelis & Co.
Swiss bank UBS boosts its commodity trade finance as it makes cuts in investment banking. (Photo : Reuters)The image is the UBS sign on its corporate headquarters.
Ji-Yeun Lee, the deputy head of investment banking for Morgan Stanley leaves the firm. The deputy head of investment of Morgan Stanley has left the firm.
In a move to bolster investment banking projects, Deutsche Bank removes three supervisory board members and replaces them with known advocates of investment banking.
Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking specialist Renaissance Group told Reuters.
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