Finance

M&A

Dealmaking Is Coming Back — With or Without Fed Rate Cuts

Photo by Yusuke Kawasaki via CC BY 2.0

Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.

2 min read

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Banking

Goldman Sachs Leans On ‘Core Strengths’ to Crush Q1 Earnings

In the first three months of the year, the investment bank scored a 16% jump in revenue and $4.1 billion in net income, a 28% rise.

2 min read
Photo by Click See via CC BY-SA 2.0

Finance

Goldman Sachs Mulls Exit From Big Tech Investments

The bank plans to take its profits off the table and repurpose them for new investments — primarily in energy and firms listed in Japan.

2 min read
Photo by Steve Jurvetson via CC BY 2.0

Banking

Jamie Dimon Sticks to His Cautious Worldview

JPMorgan’s CEO sees a lot of potential in the US economy — and plenty of obstacles to overcome.

2 min read

Banking

US Banks Push Back on High Severance Costs in Paris

Photo by Rodrigo Kugnharski on Unsplash

The Americans have warned that further inroads to France’s capital may not happen without some dismissal-pay flexibility.

2 min read

Banking

Blackrock, Vanguard and State Street Face Probe Over Bank Stakes

Photo by Nikhilesh De / CoinDesk via CC BY 2.0

The FDIC is investigating Blackrock, Vanguard, and State Street over their large investment stakes in major US banks.

1 min read

Markets

BlackRock Is Still Getting Red-State Pushback on ESG Investments

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Investment firm BlackRock is still getting grief from conservative investing funds for its environmental, social, and governance strategies.

2 min read

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Finance

Deloitte Plans a Massive Restructuring

The world’s biggest accounting firm is looking to simplify as it nears the end of a massive growth spurt.

2 min read
(Photo Credit: Avery Evans/Unsplash)

Private Equity

Private Equity Wants Everyone’s Credit Card Debt

The industry is taking advantage of banks’ newfound interest in offloading some of the consumer debt on their books.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

JPMorgan Chase Patent Highlights Wall Street’s Growing AI Obsession

“The risk of not making the most of the technology is much higher.”

3 min read

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