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  • July 25- E* Trade Financial Corp said on Monday it would buy the parent of online brokerage OptionsHouse for $725 million in cash. E* Trade, which operates a discount broker-dealer and a bank, said it intends to help finance the deal by issuing up to $400 million of preferred stock. The deal for Aperture New Holdings Inc is expected to close in the fourth quarter, the...

  • Sir Philip Green attends the British Fashion Awards 2015 at London Coliseum on November 23, 2015 in London, England.

    Goldman Sachs gave credibility to a deal dubbed the “unacceptable face of capitalism”, according to a critical report by MPs.

  • Jamie Dimon, CEO of JP Morgan Chase.

    Princelings and Patek Philippe watches on junior staffers are more common on Wall Street than many want to believe.

  • Jason Galanis, 46, of Los Angeles, admitted to securities fraud, investment adviser fraud, and two conspiracy charges at a hearing before U.S. The case is one of two pending against Jason Galanis, who was nicknamed "Porn's New King" by Forbes magazine in 2004 after buying the nation's largest processor of credit card payments for internet pornography.

  • NEW YORK, July 21- An investment banker once dubbed "Porn's New King" and accused of engineering a scheme with his father and two brothers to reap illegal profits by manipulating a reinsurer's stock price pleaded guilty to fraud charges on Thursday. Jason Galanis, 46, of Los Angeles, admitted to securities fraud, investment adviser fraud, and two conspiracy...

  • *Wall Street headhunters get calls from European banks. LONDON/ NEW YORK July 18- Market ructions caused by Britain's decision to leave the European Union are set to widen the gulf between Wall Street and European investment banks, potentially leaving the continent without its own global champion. Since Britain's vote to leave the European Union, some...

  • Morgan Stanley building in New York

    Morgan Stanley topped analysts' estimates for the second quarter, reporting earnings per share of 75 cents and revenue of $8.9 billion.

  • NEW YORK— Morgan Stanley's profits fell 14 percent in the second quarter, the bank said Wednesday, reflecting difficulties investment banks have had due to market volatility before and after Britain's vote last month to leave the European Union. Like its competitor Goldman Sachs, which reported results Tuesday, Morgan Stanley had a mixed quarter on its...

  • July 20- Wall Street investment bank Morgan Stanley reported a lower, but better-than-expected, adjusted second-quarter profit on Wednesday, helped by a decline in expenses. The bank said its net income attributable to common shareholders was $1.43 billion, or 75 cents per share, in the quarter ended June 30. Morgan Stanley, which is in the midst of a $1 billion...

  • ZURICH, July 19- Greek investigators raided the Athens home of a former UBS banker earlier this month, furthering a probe into alleged tax evasion seven months after officials seized documents from the Swiss bank's Athens office. Sclavounis headed UBS's investment banking business in Greece before becoming chairman of the Hellenic Financial Stability...

  • Lloyd Blankfein at the 2015 WEF in Davos, Switzerland.

    Goldman Sachs topped forecasts with earnings per share of $3.72 and revenue of $7.932 billion.

  • NEW YORK— Goldman Sachs' earnings jumped 78 percent from a year ago as the bank's legal expenses declined and some of its trading desks saw a surge of activity during Britain's vote to leave the European Union. The investment bank said Tuesday it had a second-quarter profit of $1.63 billion after dividends to preferred shareholders, or $3.72 per share, up from...

  • July 18- Murray Energy Corp, one of the largest privately held U.S. coal miners, is working with investment banks to renegotiate terms of its credit agreements in a bid to stave off bankruptcy, people familiar with the talks said on Monday. Covenants under some of the agreements became more restrictive in the third quarter this year, Standard& Poor's Ratings...

  • Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., gestures whilst speaking during a news conference in London, on Monday, July 18, 2016.

    Boutique banks have increased their market share of M&A over big Wall Street firms year over year.

  • *Wall Street headhunters get calls from European banks. LONDON/ NEW YORK July 18- Market ructions caused by Britain's decision to leave the European Union are set to widen the gulf between Wall Street and European investment banks, potentially leaving the continent without its own global champion. Since Britain's vote to leave the European Union, some...

  • LONDON, July 15- Investment bank revenues are likely to fall about 11 percent this year, due in part to uncertainty and lower client activity following Britain's surprise decision last month to leave the European Union, according to Boston Consulting Group. BCG said in a report released on Friday that revenues were likely to fall to $204 billion this year, down...

  • CEO OF BRAZIL'S CAIXA SAYS PLANS TO REACH OUT TO INVESTMENT BANKS TO RESUME INSURANCE UNIT IPO.

  • Francois Hollande criticized former European Commission chief Jose Manuel Barroso's decision to take a job at Goldman Sachs.

  • PARIS, July 14- French President Francois Hollande on Thursday became the most senior critic to date of former European Commission chief Jose Manuel Barroso's decision to take a job at the investment bank Goldman Sachs. Hollande noted that Barroso was running the European Union's executive arm at the time of the U.S. subprime home-loans crisis, which has been...

  • Lehman's die was already cast: Kevin Warsh

    Kevin Warsh, Hoover Institution, shares his thoughts on a new paper that claims the Fed could have saved Lehman Brothers during the financial crisis.