investment banking

Banking

Jamie Dimon Seems Unfazed About JPMorgan’s Tepid China Business

Photo by Edward He via Unsplash

Despite some business “falling off a cliff” the CEO said other operations “should hopefully grow over time.”

2 min read
Banking

UBS Has Left its Credit Suisse Burden Behind

Photo by Ank Kumar via CC BY-SA 4.0

Integration costs related to Credit Suisse were just over $1 billion, well below the $3.75 billion in the two previous quarters combined.

1 min read
Banking

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

Photo by Maryland GovPics via CC BY 2.0

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
Finance

BlackRock Still Leads US ETF Market, But It’s Losing Ground

Photo by Eflon via CC BY 2.0

The asset manager’s rival Vanguard has captured investors’ recent interest in embracing cheap broad-market index funds.

1 min read
Artificial Intelligence

The SEC Probes AI Use at Investment Advisory Firms

Photo by APK via CC BY-SA 3.0

As the world of high finance ushers in an era of AI, the SEC has begun investigating how investment advisory firms use the technology.

2 min read
Banking

Barclays Wants to Ditch Thousands of its Clients

Photo by Tdorante10 via CC BY-SA 4.0

Barclays is considering a Marie Kondo approach to its investment banking business, potentially dropping thousands of clients.

2 min read
Finance

Wall Street is Pricing in Interest Rate Cuts

(Photo by lo lo on Unsplash)

Increasingly, Wall Street thinks we see rate cuts soon, according to a Wall Street Journal analysis published Monday.

2 min read
Power Corridor

What’s Afoot At the FDIC?

Photo by the Center for American Progress Action Fund under CC BY-ND 2.0

It’s not every day that you wake up to headlines about one of the nation’s most staid-and-storied institutions – really, the cornerstone upon…

4 min read