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Capital Markets

All articles tagged with #capital markets

Tokenization poised to unlock tens of billions in collateral as 24/7 trading gains momentum

Nasdaq CEO Adena Friedman stated at the TOKEN2049 conference in Singapore that tokenizing assets like Treasurys and equities could free up tens of billions of dollars in trapped collateral by making capital flow more fluid. This shift is driven by growing institutional interest following the U.S. Genius Act and retail demand for 24/7 trading. Implementing continuous trading requires real-time risk management, where AI is expected to play a critical role. Meanwhile, Kraken co-CEO Arjun Sethi noted that international companies are increasingly seeking access to U.S. capital markets through tokenization, although Friedman cautioned that not all assets possess the liquidity required for round-the-clock trading.

Global IPO Pipeline Freezes as Valuation Skepticism and AI Jitters Halt Listings
markets8 days ago

Global IPO Pipeline Freezes as Valuation Skepticism and AI Jitters Halt Listings

The global initial public offering (IPO) market has stalled in late 2026 as investors reject high valuations and worry about AI sector sustainability. Major listings by EG Group, Oura, and SB Energy have been paused, while Anthropic and OpenAI delay their debuts. Although the S&P 500 remains near record highs, the IPO window has narrowed significantly, with many deals slipping into 2027 due to poor post-listing performance and regulatory hurdles.

AI Wave Lifts Wall Street Banks to Record Quarters
business3 months ago

AI Wave Lifts Wall Street Banks to Record Quarters

Goldman Sachs and JPMorgan Chase posted record quarterly revenue, up 39% to $20.3 billion and 27% to $58 billion respectively, as AI-enabled activity across equities trading, IPOs, debt offerings, and M&A drives fees and financing demand worldwide, with executives calling it an AI capex super cycle and noting strong spillover into Asia.

China tightens reins on AI-driven stock hype with new guidelines
business3 months ago

China tightens reins on AI-driven stock hype with new guidelines

China's CSRC vowed to crack down on illicit activities that hype stock prices via tech and AI themes and will issue guidance on AI use in capital markets to curb illegal stock tips, rumors, and manipulation. The move comes as AI-related stocks rally and regulators warn of AI-driven risks and potential bubbles, with some executives already cashing in on the rally.

Tech giants mobilize for a $660 billion AI infrastructure push
technology8 months ago

Tech giants mobilize for a $660 billion AI infrastructure push

Alphabet, Amazon and Meta are leading a $660 billion AI infrastructure drive this year, funding chips and data centres with a mix of cash flow, debt and potential equity issues. The scale may outpace current cash generation, pressuring shareholders’ returns and prompting a surge in bond and equity issuances as analysts flag capital spending overhangs and funding risks.

Goldman Sachs Reclaims Wall Street Edge as Deals Boom in 2026
business9 months ago

Goldman Sachs Reclaims Wall Street Edge as Deals Boom in 2026

Goldman Sachs posted strong fourth-quarter earnings as dealmaking surged and its stock rose about 60% over the past year, signaling a return to Wall Street dominance. CEO David Solomon predicts 2026 could exceed 2021’s peaks in M&A and capital markets, backed by a big AI-driven overhaul (One Goldman Sachs 3.0) and a sizable tech budget. The firm sharpened its focus on its two core units—global banking/markets and asset & wealth management—while continuing to monetize Marcus as a deposits platform despite its consumer-banking missteps, growing assets under supervision to roughly $3.6 trillion and pursuing зов acquisitions and partnerships (Innovator ETF platform, Industry Ventures, and a T. Rowe Price deal) even as it ceded the Apple Card partnership to JPMorgan. Competition remains fierce from Citi and Wells Fargo as Goldman navigates the path forward with AI as an accelerator.

business9 months ago

U.S. Bancorp to Acquire BTIG, Expanding Institutional Capital Markets

U.S. Bancorp announced a definitive agreement to acquire BTIG, expanding its capital-markets capabilities with BTIG’s institutional trading, investment banking, research and prime brokerage. The deal is valued at up to $1 billion, with about $725 million in base consideration ($362.5 million cash and 6.6 million U.S. Bancorp shares) and up to $275 million in additional cash over three years, and is expected to close in Q2 2026 subject to regulatory approvals. BTIG leadership will remain in place; the transaction is expected to have negligible 2026 EPS impact and a roughly 12 basis point decrease in the CET1 capital ratio, with no near-term change to capital returns.

business10 months ago

SEC Aims to Revive and Boost U.S. IPOs Amid Market Challenges

The speech commemorates America's 250th anniversary by emphasizing the importance of revitalizing U.S. capital markets through regulatory reforms focused on transparency, scalability, and reducing regulatory burdens, aiming to foster innovation, economic growth, and individual agency, while reflecting on the nation's founding principles and history of financial innovation.

Trump's Crypto Influence: Bitcoin's Surge and Investment Strategies
finance1 year ago

Trump's Crypto Influence: Bitcoin's Surge and Investment Strategies

Donald Trump's re-election and pro-Bitcoin stance could position the US as a global crypto leader, sparking a race in tokenized capital markets between developed and emerging economies. The success of Bitcoin ETFs has already increased institutional interest, and a supportive US administration may further drive Bitcoin adoption globally. This shift could challenge smaller economies like El Salvador, which have leveraged Bitcoin for economic growth. Meanwhile, traditional financial institutions are exploring tokenization, but often limit participation to institutional investors, contrasting with more inclusive models emerging in smaller markets.

politics1 year ago

SEC Leadership Shakeup: Gensler and LizĂĄrraga Announce Departures Amid Political Shift

SEC Commissioner LizĂĄrraga announced his resignation effective January 17, 2025, to focus on family as his wife battles a serious illness. He expressed gratitude to President Biden, the U.S. Senate, and colleagues for their support during his tenure. LizĂĄrraga praised the SEC's role in maintaining robust U.S. capital markets and thanked his team for their dedication.

finance1 year ago

Gensler to Exit SEC as Trump Considers Crypto Advocate for Leadership

Gary Gensler, the 33rd Chair of the U.S. Securities and Exchange Commission (SEC), will step down on January 20, 2025. During his tenure, Gensler implemented significant reforms to enhance the efficiency, resiliency, and integrity of U.S. capital markets, including updates to the Treasury and equity markets, corporate governance, and disclosure rules. He also led high-impact enforcement actions, returning billions to harmed investors. Gensler's leadership saw the SEC tackle issues in the crypto markets and improve transparency and accountability in financial reporting and auditing.

"Analyst: Bank Earnings Reflect Resurgence in Capital Markets"
finance2 years ago

"Analyst: Bank Earnings Reflect Resurgence in Capital Markets"

Morgan Stanley and Bank of America have reported strong first quarter earnings, with both banks surpassing revenue and earnings estimates. According to Argus Research Director Stephen Biggar, the results reflect a resurgence in capital markets, particularly in investment banking, wealth management, and trading, while the lending business and net interest income have faced challenges. Biggar anticipates a durable upturn in investment banking and expects advisory revenues to gather speed in the latter quarters of the year.