Tags: Investment banks

Reddit Set to Make Public Debut; Why This Might be a Good News for Investment Banks?

On Sunday, sources indicated Reddit's IPO is four to five times oversubscribed, making it more likely to reach its $6.5 billion valuation.


Portugal Shifts to Bank Resolution Fund; Revises Loan Terms

The banks in Potugal had a lot of issues to solve after failing to sell Novo Banco. This has made a lot adjustments that needs to be done by the banks.

JPMorgan advises investors to vote against the splitting proposal

JPMorgan Chase has advised its shareholders to vote against the proposal to split up the bank. The bank warned its shareholders that the breakup proposal will not benefit its investors.

Societe Generale says it obeys all rules fighting tax evasion and fraud

Societe Generale said that it stood by all the rules of its operating nations. The bank confirmed that it no longer detained any establishments in the process in the Non-Cooperative Countries and Territories.


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Goldman Sachs, as well as a number of hedge funds or investment firms, is subject of a review by Korean regulators for compliance with local laws.
RadioShack revealed that they are in talks with investment banks regarding firm's financial health.
The US Securities and Exchange Commission, hoping for increased investor mobility, voted for the implementation of the JOBS Act.
Private equity company decides sale of its sports and modeling talent agency IMG and is looking for an investment bank to lead the auction.
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