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Capital Markets Investment Banking and Brokerage

  • TORONTO, May 25- Royal Bank of Canada reported an 11 percent increase in second quarter earnings, beating market forecasts, helped by a strong performance in its capital markets and wealth management businesses. Canada's biggest lender by assets and market value on Thursday said earnings per share, excluding one-off items, rose to C $1.85 per share in the...

  • Oddly Sidic, Haitong and Qosun shares are rallying

    CNBC's Sophia Yan speaks about Citic Securities, Guosen Securities and Haitong Securities, who in total have been fined nearly half a billion renminbi by Chinese regulators.

  • Computer hackers can be foiled if users take precautions when banking online.

    Here are nine easy ways to help keep your financial data out of the hands of cybercriminals.

  • LONDON, May 24- Commodities-related revenue at the 12 biggest investment banks fell 29 percent year-on-year in the first quarter of 2017 to its lowest in more than a decade, mainly due to weakness in the energy sector, a consultancy said on Wednesday. Revenue from commodity trading, selling derivatives to investors and other activities in the sector fell to...

  • EXCLUSIVE- JBS, BRAZIL'S BATISTA FAMILY HAVE APPROACHED SEVERAL OTHER INVESTMENT BANKS FOR HELP ON DIVESTITURES, SOURCES SAY.

  • BOSTON, May 23- A former Eaton Vance Corp portfolio manager pleaded guilty on Tuesday to an illegal options trading scheme that defrauded the company and allowed him to make $1.9 million in profits. Kevin Amell, who had been a vice president at the asset management company, pleaded guilty in Boston federal court to one count of securities fraud as part of a plea...

  • *Commodities trade still relies on paper mountain. *Tests underway to adopt blockchain technology. LONDON, May 22- Alistair Cross was flying high after showing in a pilot project how blockchain- the technology first developed for the crypto-currency bitcoin- could transform the old-fashioned and secretive world of commodity trading.

  • Now it stands to gain from its loyalty to Russia by winning a greater share of the hundreds of millions of dollars that banks earn each year in Russia from organizing loans, share sales, and mergers and acquisitions, Moscow- based bankers said. Intesa, a minnow in global investment banking, has emerged as an important part of the close business relationship between...

  • Now it stands to gain from its loyalty to Russia by winning a greater share of the hundreds of millions of dollars that banks earn each year in Russia from organising loans, share sales, and mergers and acquisitions, Moscow- based bankers said. Intesa, a minnow in global investment banking, has emerged as an important part of the close business relationship between...

  • *Lloyds has rebuilt as UK focused lender. LONDON, May 17- Lloyds Chief Executive Antonio Horta-Osorio travelled at the front of the British Airways plane last week, enjoying the extra leg room in the business section on his way from London to the bank's annual meeting in Edinburgh. Lloyds said on Wednesday that Britain had sold its last remaining stake in the bank,...

  • Baiju Bhatt

    The real reason there's an all-out price war taking place among online brokers: They know you now can pay nothing to trade.

  • *Dubai's DSI tumbles on Q1 net loss. DUBAI, May 16- Shares of Egypt's EFG Hermes and Talaat Mostafa diverged sharply on Tuesday on news that MSCI will swap the shares in its main Egyptian index, while Gulf equity markets were firm with the Brent oil price at $52 a barrel. Arqaam Capital analysts predicted passive net fund inflows of $33 million into EFG due to the index...

  • *Riyadh aims to raise around $200 bln via privatisation scheme. DUBAI, May 16- One of the world's largest privatisation programmes is drawing foreign investment banks and private equity firms to Saudi Arabia, despite the prospect of low fees and an uncertain regulatory environment. "We see a lot more opportunities in Saudi Arabia because for the first time the...

  • The U.S. Securities and Exchange Commission said former managing directors James Im and Kee Chan fraudulently generated more than $750,000 of profit by having "deliberately misled and lied to customers" whose trades they handled, on numerous occasions beginning in 2010.. The SEC said Im has not settled its civil case, and asserted his constitutional right...

  • The U.S. Securities and Exchange Commission said Kee Chan, a former Nomura managing director, "deliberately misled and lied to customers" on numerous occasions from 2010 to March 2012, including by making up "colorful but entirely fictitious exchanges" with customers on the other side of the trades. Chan, 46, of Manhasset, New York, generated hundreds of thousands...

  • The U.S. Securities and Exchange Commission said Kee Chan, 46, of Manhasset, New York, on numerous occasions from 2010 to March 2012 "deliberately misled and lied to customers" about bond prices. The SEC filed its complaint in Manhattan federal court. Last week, former Nomura traders Michael Gramins, Tyler Peters and Ross Shapiro went on trial in Hartford,...

  • May 5- Global banks have warned they could move thousands of jobs out of Britain to prepare for the expected disruption caused by the country's exit from the European Union, endangering London's status as a major financial center. Financial services firms need a regulated subsidiary in an EU country to offer their products across the bloc, and this could lead...

  • SAN FRANCISCO, May 12- A widespread view on Wall Street this week was that Snap Inc fell short of revenue forecasts when it posted its first quarterly results as a public company, triggering a big selloff in its shares. Analysts affiliated with 10 underwriters forecast on average that revenue would hit $138.4 million, $30 million below the estimate of the...

  • May 12- Music streaming service Spotify will carry out a direct listing on the New York Stock Exchange when it goes public later this year or early next year, a source familiar with the situation said on Friday. The move is a major test of the process of direct listing, which eliminates the need for a Wall Street bank or broker to underwrite an initial public offering...

  • LONDON, May 11- Barclays reshuffled its senior global investment bank management on Thursday and is seeking to hire between 50 to 100 people to boost the division under new chief Tim Throsby, according to sources with direct knowledge of the plans. Throsby will become interim head of the bank's markets division while Joe Corcoran, who previously held the role,...