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Investment banking
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Education Center
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Education Center
Exness wins “Best Retail FX Broker” at Finance Magnates London
Thought Leadership
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Retail FX
Barclays' Billion-Dollar Savings Quest May Lead to 2,500 Investment Client Cuts
2023-11-28T13:08:57.988+02:00
The bank is considering various options for cost savings.
In addition to cutting jobs, it wants to streamline the investment division significantly.
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Institutional FX
tZERO ATS Rebrands to tZERO Securities: Adds Investment Banking
2023-10-13T11:37:19.091+02:00
The addition of investment banking on the platform consolidated its services.
“tZERO Securities brand reflects the broad scope,” said the CEO.
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Institutional FX
Barclays Joins the Layoffs Bandwagon, Cuts 100 Jobs in Investment Banking
2023-04-17T11:30:22.276+02:00
Investment giant prepares for another round of job cuts.
However, the cuts are more modest than those of competitors.
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Institutional FX
Credit Suisse Delays Annual Report and Cuts Investment Banking Jobs
2023-03-09T14:05:55.127+02:00
CS shares fell after the SEC call forced the lender to delay its report.
Additionally, the bank is cutting other investment banking jobs.
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Institutional FX
JPMorgan Joins the Investment Banking Jobs Cuts Wagon
2023-02-21T13:11:22.882+02:00
Goldman and Morgan Stanley previously announced similar moves in the region.
JPM wants to reduce 30 jobs, mainly in junior-level positions.
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Institutional FX
Barclays Profit Falls 14% and Shares on Track for Worst Day in 3 Years
2023-02-15T13:07:34.365+02:00
Investment banks' costs rose more than 25% over a year.
The stock market reaction shows an evident disappointment among investors.
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FinTech
Goldman Sachs to Merge Trading Business, Other Units to Boost Revenue
2022-10-17T18:17:59.530+02:00
The firm wants to cut its reliance on volatile trading and investment banking revenues.
Goldman Sachs’ net profit is expected to slump 49% to $2.77 billion in Q3 2022.
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FinTech
Credit Suisse Says ‘Clear No’ to Bank’s Possible Sale or Capital Raise
2022-07-27T15:27:56.833+02:00
The bank lost $1.6 billion in the second quarter of 2022.
The newly-confirmed CEO, Ulrich Körner, to take over on August 1.
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FinTech
Bank of America’s Net Income Drops 13% to $6.1bn in Q2 2022
2022-07-18T22:36:39.747+02:00
EPS dropped 9% from $0.80 to $0.73.
However, net interest income rose 22% to $12.4 billion.
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Institutional FX
JPMorgan Posts 28% Dip in Net Income for Q2 2022
2022-07-16T08:32:24.626+02:00
The net reported revenue came in at $30.7 billion.
Total revenue related to markets increased by 15% YoY.
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Institutional FX
VSA Capital Group Partners with Aquis Stock Exchange
2022-05-30T10:30:34.443+02:00
The company has launched an index of stocks listed on the AQSE Growth Market.
The index will be updated in the future to incorporate new additions.
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FinTech
Galaxy Digital Sees $111.7m Net Loss as Digital Asset Price Falls during Q1
2022-05-09T17:23:47.782+02:00
The loss contrasts against last year's $858.2m gain.
Crypto total market cap fell by 7% during Q1.
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Executives
Swiss Bank, UBS, Welcomes Back Frances Fahey as Chief of Staff
2022-04-19T22:04:57.118+02:00
Fahey is returning after 3-year stint at R&M
She is to step into Julie Beavan’s shoes.
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Institutional FX
Nomura’s Net Revenue Declines 13% YoY in Q3 FY22
2022-02-01T11:44:11.715+02:00
However, the company reported record investment banking revenues.
Net income attributable to shareholders came in at 60.3 billion yen.
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FinTech
Brazilian Brokerage XP to Acquire Local Investment Bank Banco Modal
2022-01-07T21:29:39.017+02:00
Brazilian broker XP is acquiring the local bank, Banco Modal
XP agrees to buy 100% of Banco Modal
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Executive Moves
QuantHouse Discloses New Changes to Its Leadership Team
2021-10-04T11:53:01.000+02:00
Arthur Tricoire becomes the new GM, Commercial, and Sebastien Tiphine moves up to Head of Products.
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Executive Moves
Nomura Names Jeff McDermott as Global Co-Head of Investment Banking
2021-09-22T14:49:51.000+02:00
McDermott will lead the expansion of Nomura’s investment banking platform.
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Executive Moves
Ee Ching Tay Joins Barclays as Head of Southeast Asia Banking
2021-06-21T09:33:08.000+02:00
The newly appointed head has nearly 25 years of experience in banking.
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Institutional FX
Credit Suisse Reports $275 Million Loss in Q1 2021
2021-04-22T12:01:20.000+02:00
The Bank took a major hit from the US-based hedge fund scandal during the first three months of 2021.
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Exchanges
China’s Leading Investment Bank Joins SGX as Securities Trading Member
2020-12-16T13:36:44.000+02:00
The SGX welcomed China International Capital Corporation (CICC Singapore) to increase financial connectivity with China.
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Institutional FX
Societe Generale to Cut 650 Jobs in France
2020-11-09T13:12:10.000+02:00
The bank recently posted impressive figures for Q3 2020.
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Institutional FX
UBS Q3 Profit Surges 99%, Sides $1.5 Billion for Share Buybacks
2020-10-20T11:54:10.000+02:00
The bank records the best third-quarter in a decade.
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Institutional FX
Credit Suisse to Merge Investment Banking, Trading Divisions
2020-07-29T09:07:00.000+02:00
The bank is expected to officially announce the merger tomorrow.
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Executive Moves
Wedbush Promotes Francis Paulino to MD of Investment Banking
2020-02-27T08:06:12.000+02:00
Paulino was previously the senior VP of investment banking.
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Celeste Skinner
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Executive Moves
James Amine Steps Down as CEO of IBCM Unit at Credit Suisse
2019-11-11T09:31:26.000+02:00
Amine will instead be taking on a newly created role as head of Private Credit Opportunities.
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Celeste Skinner
See more
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