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Capital Markets Investment Banking and Brokerage

  • TOKYO, July 24- Japanese government bond prices ticked up slightly on Monday, supported by firmness in overseas peers even after the Bank of Japan reduced its buying in five- to ten-year JGBs in its market operation. The price of 10- year JGB futures rose 0.03 point to 150.25 after U.S. and European bonds had gained on speculation that a strong euro could make it...

  • NEW YORK— Goldman Sachs' earnings in the second quarter were flat with the same period a year ago, the investment bank reported Tuesday, largely due to poor performance in trading. The Wall Street firm earned $1.63 billion, basically unchanged from a year earlier. Goldman and its rival Morgan Stanley, which will report its own results on Wednesday, make most of their...

  • OMAHA, Neb.— Online brokerage TD Ameritrade Holding Corp.' s profits declined 2 percent as it adjusted to lower trading commissions, but higher trading activity and growth in client assets helped offset that. TD Ameritrade said its trading revenue slipped 3 percent to $335 million in the first full quarter since it cut its trading commission to $6.95 from $9.95...

  • Asset trade rallies have not been driven by President Donald Trump, Richard Kelly, head of global strategy at TD Securities, said.

  • Jamie Dimon, chief executive officer of JPMorgan Chase & Co.

    Credit Suisse raised JPMorgan's stock price forecast after the bank posted a better-than-expected earnings report last Friday.

  • Banking deregulation will happen at some point: Strategist

    Deregulation of the banks "at some point and on some level is going to happen," Kevin Quigg, chief strategist at ACSI Funds, said on Friday.

  • July 13- Internet television company Roku has hired investment banks to lead an initial public offering that could come later this year as it aims for a valuation of more than $1 billion, sources familiar with the matter said. The Wall Street Journal first reported that Roku had hired underwriters on Thursday. The company said in February that it generated $400...

  • TORONTO/ NEW YORK, July 13- Bank of Montreal's capital markets division on Thursday said it had made changes to its investment banking team, promoting John Armstrong and Lyle Wilpon as co-heads of its global merger and acquisitions group. Dan Barclay and Peter Myers were recently appointed co-heads of global investment and corporate banking at BMO Capital...

  • July 12- Credit Suisse Group AG has appointed Robert Willoughby to the role of senior advisor for its healthcare investment banking group, according to a memo reviewed by Reuters and confirmed by a spokesman for Credit Suisse. Willoughby was previously a managing director and senior research analyst in the Credit Suisse equity research department.

  • CENOVUS ENERGY INC HIRES INVESTMENT BANKS TO SELL WEYBURN, PALLISER CONVENTIONAL OIL PROJECTS- SOURCES.

  • Fintech app Revolut has raised $66 million in a venture capital investment in order to expand its operations further across Asia and North America.

  • SAO PAULO, July 11- Bank of America Merrill Lynch has hired Diogo Aragão as its Brazil head of mergers and acquisitions.

  • July 11- Global banks have said they could move thousands of jobs out of Britain to prepare for Brexit, the country's planned exit from the European Union. Financial services firms need a regulated subsidiary in an EU country to offer products across the bloc which could prompt some to move jobs out of Britain if it loses access to the European single market.

  • NEW YORK, July 10- Mergers and acquisitions for fashion retailers are like a crop top t-shirt: a risk best braved by a select few and avoided after a certain age. The biggest acquisition, Apollo Global Management's roughly $3.1 billion leveraged buyout of Claire's Stores Inc, restructured in 2016.. The second-largest acquisition, J. Crew Group Inc, which TPG...

  • Valuations and earnings disappointing for investors: Market strategist

    Deflation in Q2 and deceleration towards the end of the year are expected, said Peter Rosenstreich, head of marketing strategy at Swissquote Bank.

  • NEW YORK, July 10- Mergers and acquisitions for fashion retailers are like a crop top t-shirt: a risk best braved by a select few and avoided after a certain age. The biggest acquisition, Apollo Global Management's roughly $3.1 billion leveraged buyout of Claire's Stores Inc, restructured in 2016.. The second-largest acquisition, J. Crew Group Inc, which TPG...

  • NEW YORK, July 10- Mergers and acquisitions for fashion retailers are like a crop top t-shirt: a risk best braved by a select few and avoided after a certain age. The biggest acquisition, Apollo Global Management's roughly $3.1 billion leveraged buyout of Claire's Stores Inc, restructured in 2016.. The second-largest acquisition, J. Crew Group Inc, which TPG...

  • NEW YORK, July 10- German exchange operator Deutsche Boerse Group has made a $10 million investment in Trumid, a New York- based financial technology startup that runs an electronic corporate bond trading platform, people familiar with the deal said. Trumid, which is backed by venture capitalist Peter Thiel and investor George Soros, will also announce that it...

  • Israeli manufacturers this week, not for the first time, sounded the alarm bells over the strong shekel, which has been trading at three-year highs against the dollar.

  • Investors more confident now central banks shifting policy: Economist

    Investors are feeling more confident in a shift in policy from central bankers, said Philip Shaw, chief economist at Investec.