Banking

Exclusive news, analysis, and commentary of Wall Street investment banks, as well as other large commercial and regional banks.

Banking

Goldman Realigns Banking and Markets Divisions to Form Mega-Deals Team

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The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.

2 min read

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Banking

Winner of 2024: Investment Bankers

As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.

2 min read
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Banking

2024: The Year the Rates Were Cut

The Fed’s September rate cut turbo-charged the stock market, but can the market keep up its bull run for 2025?

2 min read
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M&A

2024: The Year Europe’s Bank Merger Dominoes (Maybe) Started to Fall

Europe’s bank M&A scene has been noticeably stagnant for a while, but that could all be about to change next year.

2 min read

Banking

2024: The Year a Rising Star of US Banking Had Its Wings Clipped

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TD Bank was fined more than $3 billion by regulators in October in what’s arguably the biggest banking scandal of the year.

2 min read

Markets

BlackRock Strikes Deal With Banks to Provide Closely Held Bond Price Data

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Real-time prices for corporate bonds are hard to come by. A handful of banks want to bring the closely guarded data into the 21st century.

1 min read

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Banking

Wall Street’s Trading Assets Cross $1 Trillion

It’s got to be at least a yellow flag whenever 2008 — the height of the Great Recession — is your point of reference, no?

2 min read
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Banking

HSBC Announces Dramatic Makeover That Splits Lender East and West

HSBC announced a restructuring that will cut costs and, if all goes as planned, ease increasingly tense geopolitical relations.

2 min read
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Advisor Upside

Big Brokers Beat Estimates in Strong Start to Earnings Season

JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.

1 min read

Banking

TD Bank Accepts Cap on US Growth, $3 Billion in Penalties After Failing to Monitor Money Laundering

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TD Bank pleaded guilty Thursday to conspiracy to commit money laundering for criminal groups, including global drug cartels.

2 min read