GO
Loading...

Investment Banking and Brokerage

More

  • Goldman Sachs' earnings soar on trading, deal fees Thursday, 16 Apr 2015 | 7:53 AM ET

    NEW YORK— Goldman Sachs says its first-quarter net income jumped as its investment banking unit logged its best quarter since the financial crisis. The bank earned $2.75 billion, or $5.94 a share, in the first three months of the year. The results beat the expectations of Wall Street analysts, who had forecast per share of $4.26 and revenue of $9.4 billion.

  • We invest to fix companies: Steve Schwarzman   Thursday, 16 Apr 2015 | 7:17 AM ET

    Steve Schwarzman, Blackstone chairman & CEO, discusses the company's business strategy. The whole world economy is shifting now, say Schwarzman.

  • Not our 'first rodeo' with GE: Blackstone CEO   Thursday, 16 Apr 2015 | 7:09 AM ET
    Not our 'first rodeo' with GE: Blackstone CEO

    Steve Schwarzman, Blackstone chairman & CEO, weighs in on Blackstone's acquisition of General Electric's real estate assets.

  • Blackstone beats on top and bottom line: CEO   Thursday, 16 Apr 2015 | 7:04 AM ET
    Blackstone beats on top and bottom line: CEO

    Steve Schwarzman, Blackstone chairman & CEO, discusses the company's quarterly results. When we buy something, we buy them to improve them, says Schwarzman.

  • Investing in a low rate environment: Larry Fink   Thursday, 16 Apr 2015 | 6:52 AM ET
    Investing in a low rate environment: Larry Fink

    Larry Fink, BlackRock chairman & CEO, weighs in on fixed income investing.

  • Why we need tax reform: Larry Fink   Thursday, 16 Apr 2015 | 6:41 AM ET
    Why we need tax reform: Larry Fink

    Larry Fink, BlackRock chairman & CEO, highlights the need for a long-term tax policy.

  • How to limit activist threats: Larry Fink   Thursday, 16 Apr 2015 | 6:35 AM ET
    How to limit activist threats: Larry Fink

    Larry Fink, BlackRock chairman & CEO, explains why companies need to focus on a long-term strategy.

  • Larry Fink: This will be year's 'big surprise'   Thursday, 16 Apr 2015 | 6:15 AM ET
    Larry Fink, Chairman and CEO of BlackRock at 2015 WEF in Davos, Switzerland.

    Larry Fink, BlackRock chairman & CEO, explains why he is optimist about European equities, thinks the U.S. dollar is too expensive, and shares his thoughts on stock buybacks.

  • Supply pressure will likely put lid on oil prices: Larry Fink

    Larry Fink, BlackRock chairman & CEO, shares his thoughts on where oil prices are likely headed.

  • Equities will continue to do fine: Larry Fink   Thursday, 16 Apr 2015 | 6:11 AM ET
    Equities will continue to do fine: Larry Fink

    Larry Fink, BlackRock chairman & CEO, shares his thoughts on how low interest rates are driving investors to stocks.

  • BlackRock's Q1 earnings beats expectations   Thursday, 16 Apr 2015 | 6:07 AM ET
    BlackRock's Q1 earnings beats expectations

    Larry Fink, BlackRock chairman & CEO, discusses the company's quarterly results and the impact of low interest rates on clients.

  • *Euro on retreat over Greece, fall in German yields. It faces new headwinds from signs that China, the main market for much of its output, is also slowing significantly. "Despite a slowing China and depressed iron ore prices the Aussie remains reluctant to head lower for now," said Angus Campbell, Senior Analyst at online brokerage Fx Pro in London.

  • Big banks getting boost on trades, fixed income Tuesday, 14 Apr 2015 | 11:03 AM ET
    A pedestrian walks past the JPMorgan Chase headquarters building in New York.

    Banks with major trading desks appear poised for positive Q1 results as JPMorgan beats Wall Street's expectations.

  • April 14- JPMorgan Chase& Co, the biggest U.S. bank by assets, reported a 12.2 percent rise in quarterly profit as revenue from fixed-income trading rebounded. JPMorgan shares rose about 2 percent to $63.15 in premarket trading on Tuesday. JPMorgan's investment bank is the biggest in the world by revenue and ranks at or near the top in market share in almost all of...

  • Deals this week, the busiest so far this year, were worth $140 billion, lifting year-to-date M&A activity to almost $1 trillion, according to Thomson Reuters data. It worked for Mylan on its offer for Perrigo, BG Group in its takeover by Shell, TNT Express in its $4.3 billion bid from Fedex and Permira Advisers and the Canada Pension Plan Investment Board in its...

  • April 9- Jefferies Group LLC said it will sell most of its Bache unit's commodities and financial derivatives accounts to Societe Generale, ending the investment bank's four-year foray into the competitive brokerage business. Societe Generale's shares were slightly up at 46.54 euros in Paris. Last year, ICAP closed its metals business last year, while...

  • April 9- Investment bank Jefferies Group LLC, owned by Leucadia National Corp, said it will sell most of its Bache unit's futures business to Societe Generale. Societe Generale said in a statement on Thursday that the transaction covered mostly futures execution and clearing activities. Societe Generale's shares were slightly up at 46.54 euros in Paris.

  • April 9- Investment bank Jefferies Group LLC, owned by Leucadia National Corp, said it will sell most of Bache unit's futures business to Societe Generale. Jefferies also said it bought Faros Trading LLC, the institutional foreign exchange brokerage unit of retail currency broker FXCM Inc.. Societe Generale's shares were slightly up at 46.54 euros in Paris.

  • IBM WORKING WITH TWO INVESTMENT BANKS TO DEFEND AGAINST POSSIBLE ACTIVIST ATTACK- SOURCES.

  • WARSAW, April 2- Poland plans to join the Asian Infrastructure Investment Bank, Deputy Finance Minister Artur Radziwill said on Thursday. "Poland sent to the secretary of the newly created Asian Infrastructure Investment Bank the so-called endorsement letter," Radziwill said in a statement. The AIIB has been seen as a potential rival to the World Bank and Asian...