13 must-see charts for navigating markets in the second half of the year,...
Summary List PlacementIt's only been seven months into the year and markets have already witnessed a multitude of once-in-a-decade events.Retail traders flocked to no-fee brokerage apps and coordinated...
View ArticleInvestment banks are hiring lawyers, researchers, and accountants for IB...
Summary List PlacementA robust market for initial public offerings and mergers and acquisitions has stretched Wall Street banks to the brink.Now, banks and industry headhunters are scouring...
View ArticleInvestment banking's labor crunch: A junior banker shortage is forcing...
Summary List PlacementWall Street headhunter Kim Freehill has something in common with the investment-banking juniors she's tasked with hiring: exhaustion.Freehill, a senior partner at New York-based...
View ArticleInvestment banks are racing to staff up as deal work surges, and one...
Summary List PlacementWall Street is racing to recruit reinforcements to bolster its junior investment-banking ranks after months of rapid-fire deals.Goldman Sachs and JPMorgan are among the...
View ArticleSomething weird just went down in the stock market, and Wall Street is...
Summary List PlacementA selling spree erased $35 billion from the stock values of major Chinese tech and US media companies Friday, and Wall Street is speculating it was in part driven by the forced...
View ArticleHow Cornell's investment banking program trains MBA students to think like...
Summary List PlacementThe competition is fierce to get a spot in one of the top banks' investment banking divisions. Firms are littered with recruits boasting Ivy League degrees and sparkling resumes,...
View ArticleThese 2 charts show the biggest investment banks are recruiting fewer Harvard...
Summary List PlacementPenn is unsurprisingly the biggest alumni network within the biggest banks' investment banking programs, according to data from Revel io Labs.Different banks have some variations...
View ArticleDeutsche Bank's stock is getting hit. Again. This time it's because of weaker...
Deutsche Bank stock is sliding 2% after the bank missed its fourth quarter revenue target.Bloomberg said the the German government would orchestrate a merger with with rival Commerzbank by mid-2019 if...
View ArticleA former top Bank of America executive is reportedly in the running for UBS...
The former head of investment banking at Bank of America, Christian Meissner, is said to be in the running to take over as an executive at Swiss lender UBS, Bloomberg reported.Long standing CEO Sergio...
View ArticleOne in 5 finance firms is considering trading cryptocurrencies
Thomson Reuters survey: 20% of 400 finance firms surveyed are considering launching crypto trading with the next 12 months.Crypto trading remains a niche activity in mainstream finance but interest is...
View ArticleJPMorgan's top bank analyst just slammed Deutsche Bank's Wall Street business
JPMorgan's top banks analyst Kian Abouhossein said in a note Wednesday that Deutsche Bank needs to slash its US business. The US business consumes 20% of Deutsche Bank's capital, has 10,000 staff, and...
View ArticleHere's which house from 'Game of Thrones' every major investment bank would be
In honor of Game of Thrones season 7 premiering this week, I'd like to pose a simple question to the WSO community. If the investment banks were the Houses of Westeros, which would they be?My...
View ArticleA definitive breakdown of the gloomy state on Wall Street
Don't be fooled.While Wall Street bank revenues appeared to bounce back in the first quarter of 2017, with banks posting strong results in fixed income trading in particular, industry-wide revenues...
View ArticleJPMorgan beats, investment bank has a record quarter (JPM)
JPMorgan reported first-quarter net income of $6.4 billion, or $1.65 a share."We are off to a good start for the year with all of our businesses performing well and building on their momentum from last...
View ArticleA 300-year-old British bank is muscling in on Wall Street
Barclays, the 300-year-old British financial institution, is doubling down on investment banking in the US.The firm finished 2016 ranked fifth in the US for fees from advising on acquisitions and...
View ArticleThe definitive ranking of Wall Street investment banks in every business line
We have new data on how Wall Street banks stack up in every business line, and there is one clear winner.JPMorgan led the pack in 2016 for revenue across fixed income, equities, and banking, according...
View ArticleWall Street has been 'turned upside down'
It was supposed to be the age of the asset owner. Post-financial crisis, the investment banks that had once ruled finance were brought to their knees, and the asset managers suddenly had all the...
View ArticleThe unlikely advisers on Intel's $15 billion deal for Mobileye could make up...
An unusual lineup of financial advisers could make up to $60 million in fees from Intel's $15.3 billion deal for the Israeli autonomous-driving company Mobileye.On the buy-side, Citigroup and the...
View ArticleA definitive breakdown of the gloomy state of Wall Street
Don't be fooled by the strong rebound in Wall Street trading revenues at the end of 2016: Investment banks still had a lousy year. According to new data from Coalition, 2016 revenues at the 12 largest...
View Article2 Wall Street boutiques just landed a $45 million payday
Allergan, the hyper-acquisitive, Dublin-headquartered maker of Botox, is buying the fat-reduction biopharmaceutical Zeltiq for about $2.5 billion— and the only two financial advisers on the deal are...
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