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Investment Banking

All articles tagged with #investment banking

business8 days ago•5 min saved

Barclays Overhauls Investment Bank Leadership Ahead of US Push

Barclays is reshuffling the leadership of its investment bank for the second time in under three years, naming Mike Joo from Bank of America as co-chief executive of investment banking and promoting Adeel Khan to co-CEO of global markets; Joo will lead from New York and join Barclays’ executive committee, ending the four-co-head structure introduced in 2024. The bank, currently sixth globally for investment banking fees with about $2.7 billion this year, is pushing to close the gap with top Wall Street rivals by focusing on fee-based advisory work and trimming its debt-capital markets franchise. The reshuffle casts doubt on the futures of other co-heads Taylor Wright and Cathal Deasy, who will remain until Joo’s February start, while Stephen Dainton retires. Barclays has also hired Alex Ham to bolster M&A and IPO activity.

via ft.com|

#adeel-khan #barclays-plc #business

business11 days ago

Goldman Bets Big on Financing the AI Infrastructure Wave

Goldman Sachs is leaning into the AI infrastructure boom by funding AI-related projects and capacity, signaling a new revenue driver as demand for compute and data-center capabilities grows.

via CNBC|

#ai-infrastructure #business #funding

markets18 days ago•3 min saved

Cramer Unveils Five Durable Investing Themes and Picked Stocks for 2026

CNBC’s Jim Cramer says earnings season reinforced five durable investing themes with stock ideas: a resilient consumer ( Capital One, American Express, Ralph Lauren, Williams-Sonoma ); AI infrastructure via semiconductor equipment ( Lam Research, KLA, Applied Materials ); cybersecurity ( CrowdStrike, Palo Alto Networks ); a pickup in M&A boosting banks and advisers ( Goldman Sachs, Morgan Stanley ); and healthcare innovation ( Eli Lilly, Johnson & Johnson ). He notes these themes can give conviction to buy on pullbacks, though none is guaranteed to outperform; his Charitable Trust holds several of the mentioned stocks.

via CNBC|

#consumer-spending #cybersecurity #healthcare

business1 month ago•4 min saved

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.

via CNBC|

#ai #banking #business

business1 month ago•18 min saved

Volatility Fuels Banks to Roughly $39B in Q2 Trading Revenue

Analysts expect JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs and Morgan Stanley to report about $39 billion in second‑quarter trading revenue as market volatility drives client activity; Goldman’s equities unit could top $5 billion, helping sustain a trading bonanza after a strong first half, with broader support from robust investment banking activity and ongoing rate expectations influencing banks’ margins and loan considerations.

via Yahoo Finance|

#banking #business #investment-banking

business1 month ago•4 min saved

Banks Poised for Strong Q2 Amid IPO Boom and Trading Surge

Investors expect JPMorgan Chase, Bank of America, and Goldman Sachs to post strong Q2 results as investment banking fees from deals like SpaceX IPO and robust trading lift revenue; analysts foresee substantial gains in investment banking and trading amid a favorable backdrop of rising markets, healthy consumer lending, and soft dollars from IPO allocations, though questions remain about sustainability and deposit-margin pressure.

via CNBC|

#bank-of-america #business #goldman-sachs

business3 months ago•3 min saved

Citi Bets on Growth With 15% More Managing Directors

Citi plans to raise its investment-banking managing-director headcount by about 15% to widen coverage and boost productivity, part of a push to hire top talent from more than 20 rivals and sustain growth through a 'serial winning mindset' and AI-enabled tools; the bank has already added roughly 60 MD hires since last year, while expanding AI initiatives in wealth management and continuing its transformation program.

via Business Insider|

#ai #business #citi

business3 months ago•2 min saved

LIV Golf taps Ducera to steer long-term investment strategy

LIV Golf announced it has retained Ducera Partners as its investment banking advisor to secure long-term investment partners and shift toward a diversified, multi-partner funding model. Ducera’s team, led by Michael Kramer, will guide the league through a rigorous process to attract strategic backers as sponsorships and partnerships rise 40% year-over-year, ticket sales grow 130%, and broadcasts reach nearly a billion households in 200 countries. The move follows the league’s expanded governance with independent directors Gene Davis and Jon Zinman, signaling a push to evolve LIV Golf’s financial foundation for its next growth phase.

via LIV Golf|

#business #ducera-partners #investment-banking

business3 months ago•4 min saved

LIV Golf Seeks New Investors as PIF Exit Looms with Ducera Aboard

LIV Golf has tapped Ducera Partners as its investment banker to help secure long-term investors and diversify funding as the Saudi Public Investment Fund plans to exit after the 2026 season, a move that follows the PIF’s more than $6 billion backing to date; LIV has also added restructuring advisers and formed an independent board to navigate a multi-partner investment model ahead of the Virginia event.

via Front Office Sports|

#business #ducera-partners #investment-banking

business4 months ago•1 min saved

JPMorgan Surpasses Q1 2026 Estimates on Robust Fixed-Income and IB Revenue

JPMorgan Chase beat Q1 2026 expectations with EPS of $5.94 and revenue of $50.54B, up 13% and 10% respectively, as stronger fixed-income and investment-banking results lifted net income to $16.49B; CEO Jamie Dimon said the economy remains resilient but warned of mounting geopolitical, energy, and AI-related risks that could shape markets ahead.

via CNBC|

#banking #business #earnings

business5 months ago•3 min saved

Jefferies clears First Brands exposure with a $10m hit amid ongoing legal scrutiny

Jefferies posted $2.9B in Q1 revenue and a $156M net income, but took a $10M loss after writing its direct exposure to collapsed car-parts supplier First Brands to zero (total exposure, $17M including Market Financial Solutions). The First Brands financing, off‑balance sheet through Point Bonita, is linked to a broader legal fight and SEC probe into disclosures to investors. Western Alliance has sued Jefferies over a related loan, and shares have fallen this year amid takeover talk from Sumitomo Mitsui Financial Group.

via Financial Times|

#business #financial-services #first-brands-group

opinion5 months ago•5 min saved

Discretion vs. Dazzle: Banking’s Photo Shoot Sparks Cultural Tension

An FT opinion piece on a glam Interview Magazine spread featuring four young bankers highlights tensions between media visibility, ostentatious displays of wealth and the expected discretion of Wall Street, noting the resulting backlash and suggesting younger bankers may need to learn the industry’s norms the hard way.

via Financial Times|

#finance-industry #investment-banking #media-relations

business6 months ago•3 min saved

Centerview settles suit over brutal analyst hours ahead of trial

A junior banking analyst sued Centerview Partners, alleging disability discrimination after she was fired for needing eight to nine hours of sleep due to mood and anxiety disorder, with testimony describing 60–120 hour workweeks and even 24-hour shifts. The case settled before trial in Manhattan federal court with undisclosed terms, avoiding a courtroom ruling and testimony from top bankers; Centerview denies wrongdoing.

via Business Insider|

#business #centerview-partners #disability-discrimination

business6 months ago•2 min saved

Barclays rewards MRTs with near-£1m bonuses amid mixed year for bankers

Barclays’ investment bank material risk takers earned an average £901k in bonuses for 2025 (£732m total for 1,465 MRTs), with MRTs’ average salary at £652k for a £1.6m total package. Despite a weak year for M&A and capital markets fees, the bank plans to pivot toward advisory growth and aims to raise its share of global IB fees to about 3.5% by 2028. Bonus distribution remained top-heavy: 762 staff earned over €1, 89 earned over €3.9m, and one individual was in the €17–€18m range.

via eFinancialCareers|

#barclays #bonuses #business

business7 months ago•2 min saved

Citi staff brace for more cuts after bonus payouts amid strict appraisals

Citi plans additional layoffs in March after bonuses are paid, on top of 1,000 pre-bonus cuts, as insiders report a stricter performance-rating system that downgrades long-time high performers to a 3 out of 4, fueling fear of mass redundancies; the bank has relaxed cost guidance to around 60% as it continues staffing realignment and transformation.

via eFinancialCareers|

#bonuses #business #citi