Investment Banking and Brokerage


  • Greenhill posts 4Q profit Wednesday, 28 Jan 2015 | 5:31 PM ET

    NEW YORK _ Greenhill& Co. on Wednesday reported fourth-quarter profit of $15.2 million. The bank, based in New York, said it had earnings of 51 cents per share. Keywords: Greenhill& Co., Earnings Report.

  • Tax planning tips for high-income earners Wednesday, 28 Jan 2015 | 10:00 AM ET

    Financial advisors are being particularly aggressive about managing their clients' income-tax liability.

  • As part of the settlement, the SEC said Oppenheimer is admitting to wrongdoing and will be required to hire an independent consultant to review its policies over a five-year period. It said Oppenheimer aided and abetted illegal activity by Gibraltar Global Securities, a Bahamas- based brokerage firm that the SEC sued last year. The SEC said Gibraltar was not...

  • NEW YORK, Jan 26- A blizzard bearing down on New York hollowed out Wall Street offices on Monday, leaving most investment banks and fund managers with skeleton staffs as many employees opted to work from home. "No one will give me a medal for making it to work after a five-hour commute," said Anurag Bhardwaj, a managing director who works with hedge funds at Barclays...

  • *Nordea, Deutsche Bank lead with results this week. LONDON, Jan 26- The euro zone's attempt to kick-start its stagnant economy should provide a bright spot for European bank bosses in a results' season that will be grim for investment bank revenues, sluggish for returns and where cost-cutting is key. Deutsche Bank's co-CEO Anshu Jain said QE could cause "real...

  • Risky biz: Gauging tolerance of market volatility Monday, 26 Jan 2015 | 8:41 AM ET

    Comfort with stock market volatility is called risk tolerance, and when it comes to investing, it matters more than you think.

  • LONDON, Jan 25- The growing ranks of the super rich and their increased appetite for risk have caught the eye of investment bankers. Traditionally focused on companies and institutions, investment banks are hiring staff and reorganising teams to cater to wealthy clans, from Chinese multi-millionaires to old world dynasties in Europe and the United States.

  • Lloyd Blankfein, Goldman Sachs chairman & CEO, shares his thoughts on banking regulations.

  • GS CEO: Volatility could turn on a dime  Friday, 23 Jan 2015 | 8:04 AM ET
    Lloyd Blankfein at the 2015 WEF in Davos, Switzerland.

    Lloyd Blankfein, Goldman Sachs chairman & CEO, shares his thoughts on the impact of volatility on investors, and the ECB's QE plan.

  • Want Draghi to 'show a little leg': MS CEO  Thursday, 22 Jan 2015 | 8:05 AM ET
    James Gordon, chairman and CEO of Morgan Stanley at 2015 WEF in Davos, Switzerland.

    James Gorman, Morgan Stanley chairman & CEO, shares his perspective on earnings, the state of market volatility, and the ECB's bond-buying program

  • UPDATE 1-Raymond James revenue slips from prior quarter Wednesday, 21 Jan 2015 | 5:51 PM ET

    NEW YORK, Jan 21- Brokerage and investment bank Raymond James Financial Inc said on Wednesday its fiscal first-quarter revenues totaled $1.25 billion, a 6 percent rise over last year, but a 3 percent drop from the record high revenue posted in the prior quarter. The St. Petersburg, Florida- based company reported net income of $126.3 million, or 87 cents per share, for...

  • Raymond James fiscal 1st-qtr revenues up 6 pct Wednesday, 21 Jan 2015 | 4:46 PM ET

    NEW YORK, Jan 21- Brokerage and investment bank Raymond James Financial Inc said on Wednesday its fiscal first-quarter revenues totaled $1.25 billion, up 6 percent from last year, but down 3 percent from the previous quarter due to a seasonal slowdown. The St. Petersburg, Florida- based company reported net income of $126.3 million, or 87 cents per share, for the...

  • Jan 21- TD Ameritrade Holding Corp's quarterly profit rose 9.9 percent from a year earlier on strong trading by clients and fees from new money they deposited into their brokerage accounts. Low interest rates are pressuring money that TD Ameritrade and other discount brokers reap by investing cash held in client accounts. TD Ameritrade's net interest margin,...

  • Don't invest in banks if you want certainty: Dimon Wednesday, 21 Jan 2015 | 12:29 PM ET
    Jamie Dimon, chief executive officer of JPMorgan Chase & Co. at 2015 WEF in Davos, Switzerland.

    Investors who want certainty about legal costs for financial firms should not buy bank stocks, JPMorgan's Jamie Dimon tells CNBC.

  • TD Ameritrade 1Q profit up 10 percent on stronger trading Wednesday, 21 Jan 2015 | 7:36 AM ET

    OMAHA, Neb.— Online brokerage TD Ameritrade Holding Corp. said Wednesday that its fiscal first-quarter profit rose 10 percent as trading revenue and asset-based fees both grew. The Omaha, Nebraska- based company said it earned $211 million, or 39 cents per share, in the quarter that ended Dec. 31. That's up from $192 million net income, or 35 cents per share, a year ago.

  • By Denny Thomas HONG KONG, Jan 21- Investment banking fees surged to a seven-year high of $90.1 billion in 2014, driven by deals in North Asia and Southern Europe, with the huge North American market offering ballast in a sector increasingly expected to see some wobbles this year. Fees for deals done in North Asia leapt 28 percent to $7.4 billion while Southern...

  • Jan 20- A former Toronto stockbroker failed to persuade a U.S. appeals court in Philadelphia to overturn his fraud conviction and 25- year prison sentence for causing more than $55 million of losses in an international stocks scam. A federal jury in February 2010 convicted Georgiou, now 45, of securities fraud, wire fraud and conspiracy over trades in Avicena...

  • *Fourth-qtr adjusted profit $0.39/ shr vs. est. Jan 20- Wall Street powerhouse Morgan Stanley said it would pay a smaller portion of revenue in bonuses to investment bankers and traders this year even in a better revenue environment. Morgan Stanley said it would pay 39 percent or less of revenue from its institutional securities business to employees in 2015....

  • Morgan Stanley misses Wall Street 4Q forecast Tuesday, 20 Jan 2015 | 7:55 AM ET

    NEW YORK— Morgan Stanley's fourth-quarter profit rose as the investment bank recovered from huge legal expenses last year. Like the other big Wall Street firms, Morgan Stanley had difficulties in its fixed income and commodities division. Revenue from equity sales and trading, a key part of Morgan Stanley's business, increased modestly to $1.6 billion from...

  • Is the China share selloff a buy signal? Tuesday, 20 Jan 2015 | 1:45 AM ET

    China share markets have stabilized nicely after Monday's plunge, but it's not time to bargain hunt yet, analysts said.