Disclosures by two regional lenders last week set off a mini-panic about bad loans on the books of small and medium cap banks.
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Pretty much all of Wall Street reported another quarter of stellar earnings this week.
The bank reported Tuesday that it made $2.6 billion in investment banking fees in the third quarter, a 42% year-over-year surge.
Companies that have been waiting on the crypto sidelines are likely about to jump in the game following the passage of the GENIUS Act.
The consensus takeaway from the earnings season so far is that the economy is, in spite of everything, doing pretty good.
The big US banks bested Q1 earnings expectations, and many observers expect big boosts to their Q2 trading desk revenues.
The TINA trade has hit some snags in recent years, with bonds looking like a pretty swell alternative in an era of high interest rates.
Banks pocketed huge sums in the first quarter from equities because the “increased market volatility” triggered a rush on transactions.
The bank is restructuring the unit that caters to some of its wealthiest clients, according to an internal memo.
The controversial enforcement actions have been called a “cash cow” by Commissioner Hester Peirce.
Wall Street ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.
The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.
A Morgan Stanley partnership with Carta could result in more clients, and more assets, for its advisory business.
It’s got to be at least a yellow flag whenever 2008 — the height of the Great Recession — is your point of reference, no?
Through its white label platform, the bank hopes to be a dominant force in Europe’s growing active ETF market.