Capital Markets Investment Banking and Brokerage

  • A pedestrian walks along Broad Street in New York.

    KBW analysts are looking at "shadow banking" stocks and think nonbank lenders may rebound.

  • New York Stock Exchange

    Big banks are being eyed by activist investors; it could mean more changes to strategy.

  • Giant tractor with people

    Debt is cheap, markets are high and bankers are expecting more big M&A to close out the year.

  • TORONTO/ NEW YORK, Aug 22- Private equity firm Clearspring Capital Partners plans to sell Medical Pharmacies Group, a Canadian provider of drug services to nursing homes, in a deal that could fetch as much as C $1 billion, according to sources familiar with the situation. Toronto- based Clearspring has hired investment banks BMO Capital Markets and Harris...

  • Wall Street, George Washington reflection, big banks

    Boutique banks are taking more deal flow from the biggest firms on the Street.

  • Bankers returning from the beach may be dreaming of a pick-up in dealmaking activity, now that the uncertainty around the Brexit vote has disappeared.

  • Traders work at the Goldman Sachs Group booth on the floor of the New York Stock Exchange.

    Wall Street banks were shooed away from putting their own money into private equity funds after the financial crisis.

  • German Chancellor Angela Merkel, French President Francois Hollande (L) and European Union Commission President Jean-Claude Juncker.

    Investment banking in Europe is down, as Wall Street firms expand their presence overseas.

  • KUALA LUMPUR/ SYDNEY/ LONDON, Aug 19- U.S. investment bank JPMorgan will include Islamic bonds, or sukuk, in its emerging markets indices for the first time from later this year, widening the appeal of Islamic instruments among global debt investors. Dollar-denominated sukuk from Turkey, Malaysia and Indonesia will be included in JPMorgan's flagship EMBI Global...

  • KUALA LUMPUR/ SYDNEY/ LONDON, Aug 19- U.S. investment bank JPMorgan will include Islamic bonds, or sukuk, in its emerging markets indices for the first time from later this year, widening the appeal of Islamic instruments among global debt investors. Dollar-denominated sukuk from Turkey, Malaysia and Indonesia will be included in JPMorgan's flagship EMBI Global...

  • NEW YORK, Aug 18- Credit Suisse Group AG is accusing a group of five investment bankers who left for Jefferies Group LLC in May of stealing confidential information and trying to coax former colleagues to join them. The dispute, which has not been previously reported, offers insight into how the Swiss bank's push into wealth management under Chief Executive...

  • NEW YORK, Aug 18- Jefferies Group LLC is being sued by a former female investment banker who accused it of stripping away her bonus and derailing her career because she became pregnant. The lawsuit seeks unspecified compensatory and punitive damages against Jefferies, a New York- based unit of Leucadia National Corp. Nayak now works at BMO Capital Markets,...

  • NEW YORK, Aug 18- Credit Suisse Group AG is accusing a group of five investment bankers who left for Jefferies Group LLC in May of stealing confidential information and trying to coax former colleagues to join them. The dispute, which has not been previously reported, offers insight into how the Swiss bank's push into wealth management under Chief Executive...

  • NEW YORK, Aug 18- Jefferies Group LLC was sued by a former female investment banker who accused it of stripping away her bonus and derailing her career because she became pregnant. In a lawsuit filed on Wednesday night in federal court in Manhattan, former Senior Vice President Shabari Nayak said Jefferies harbors "deep institutional biases" against women,...

  • Warren Buffett

    Activists are eyeing Wall Street banks, but they should probably back off when it comes to the Oracle of Omaha.

  • A Russian Soyuz 2.1a rocket carrying Lomonosov, Aist-2D and SamSat-218 satellites lifts off from the launch pad at the new Vostochny cosmodrome outside the city of Uglegorsk

    New stock issuances have lagged in 2016, but that is expected to change in the third and fourth quarters.

  • NEW YORK— A Yale- educated investment banker was convicted of insider trading charges Wednesday after a jury concluded he gave tips about mergers and acquisitions to his father, enabling over $1 million in illegal profits. Sean Stewart, 35, testified during the two-week Manhattan federal court trial, insisting he had no idea his father was sharing secrets with...

  • *Costs swell at Europe's top investment banks. *UBS chief urges rivals to look at more collaboration. LONDON, Aug 16- UBS Chief Executive Sergio Ermotti picks his words carefully.

  • After hours, Wall Street, end of day exterior

    The shares' plunge to start the year has been reversed, and loose monetary policy could support lenders’ operations.

  • LONDON, Aug 14- Boutique advisory firms now receive nearly half of all mergers and acquisition fees in Europe, stealing market share and top dealmakers from global investment banks hamstrung by a renewed focus on cost-cutting and regulations on how much they can pay. Advisory boutiques have captured 44 percent or $1.7 billion of total completed M&A deals fees...