investment banking

Banking

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

Photo via Dickson Lee/SCMP/Newscom

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

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Banking

Lackluster Fixed-Income Revenue Dulls Bright Quarter for Goldman Sachs

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

M&A

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

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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

Artificial Intelligence

Wall Street Expats Mentor a Next-Gen Protégé: AI

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Life is notoriously tough for those on the bottom rung of the Wall Street ladder, where weeks can stretch up to 100 hours.

2 min read

Banking

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

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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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