investment banking

Banking

Goldman Sachs Considers Its Next CEO

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Goldman Sachs’ board discussed COO John Waldron taking the reins around the end of next year or early 2028, The Wall Street Journal reported.

2 min read

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Finance

Jefferies’ Record Investment Banking Results Raise Stakes for Wall Street Giants

Jefferies shares are down 24% so far this year compared with a 2.2% gain by the S&P 500 bank industry group.

2 min read
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Banking

Wall Street Takes In Record Haul, Projecting US Economic Health

Trading desks benefited from heightened stock trading around Iran War-related volatility, while mega deals fuled investment banking units.

2 min read
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Banking

Citigroup Surges as Fraser’s Overhaul Yields 42% Profit Growth

CEO Jane Fraser, who took over in 2021, has won plaudits for executing a multi-year reordering of the bank’s sprawling global structure.

2 min read

Banking

Lackluster Fixed-Income Revenue Dulls Bright Quarter for Goldman Sachs

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The fixed-income, currencies and commodities business generated revenue of just $4 billion in Q1, a 10% decrease from a year ago.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Andrey Krav and Frentusha via iStock

Markets

SpaceX, OpenAI Dominate Speculation About $3 Trillion IPO Geyser

A logjam keeping companies worth as much as $2.9 trillion, from SpaceX to OpenAI, out of public stock markets may finally break in 2026.

6 min read
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Banking

Goldman Sachs, Morgan Stanley Riding High on Dealmaking Wave

In its earnings call, Goldman said that its deal backlog now sits at a four-year high entering the New Year.

2 min read
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M&A

Goldman Sachs, JPMorgan Lead Wall Street’s M&A League Tables

JPMorgan and Goldman Sachs proved they’re still the go-to middlemen for Wall Street deals amid a near-record $4.8 trillion global M&A bonanza

1 min read

Finance

Trian, General Catalyst Scoop Up Janus Henderson for $7.4 Billion

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Trian and General Catalyst said going private will free the firm “from the constraints of operating as a public company.”

2 min read

Banking

Goldman Sachs Leaves Rivals Vying for Silver, Bronze Medals in Dealmaking Matchup

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The bank reported Tuesday that it made $2.6 billion in investment banking fees in the third quarter, a 42% year-over-year surge.

2 min read

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Banking

Self-Help or Self-Sabotage? Activist’s Proposal for UBS to Leave Switzerland Risks Spiking Costs

In 2009, UBS reportedly threatened to leave the country if it deemed post-fiancial crisis regulations to be heavy-handed.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Sabelskaya via iStock

International Economics

‘Not Optimistic’: Washington Hits Tariff Impasse with Switzerland

Small, mountainous Switzerland — a country that ranks 61st in the world by total area — is one of the world’s biggest investors in the US.

5 min read
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Banking

Evercore’s Purchase of Robey Warshaw May Birth Trans-Atlantic M&A Titan

The deal will help bolster Evercore’s presence in Europe, where it placed 13th by deal volume in PwC’s advisory rankings last year.

2 min read

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