Bank’s trading revenue drops 9%, while investment banking is a bright spot Goldman Sachs Group Inc. predicted that this month’s stock-market swoon wouldn’t derail a merger boom that proved one of ... Read More
HSBC is looking to boost investment banking profits by packaging more of its loans into bonds and selling them to investors in the United States. Post-crisis regulations have made ... Read More
Regulation, interest rates, economy curbing profitability U.S. firms are grabbing greater share of investment bank fees Europe’s last global banks are caving in to pressure from regulators and preparing ... Read More
Audit firm KPMG has written to Europe’s largest lenders saying a European Commission plan to separate banks’ consumer and investment-banking arms should be shelved, Bloomberg reported on Thursday. ... Read More
The long investigation of JPMorgan’s hiring practices in China has reached a milestone: A Hong Kong anti-corruption organization has formally arrested Fang Fang, the bank’s former vice president of ... Read More
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