×

Capital Markets Investment Banking and Brokerage

  • DUBAI, May 11- JPMorgan will increase the number of bankers it has in Saudi Arabia to around 80 by the end of the year to capitalise on the increase in equity market activity and mergers and acquisitions in the kingdom, a senior executive said. Saudi Arabia has unveiled about $200 billion of privatisation of state-owned companies over the next few years, selling...

  • SAO PAULO, May 10- Brokerage firm XP Investimentos SA, which is discussing a minority stake sale to Brazil's largest bank, is filing for an initial public offering that could be the first listing of an independent broker in Latin America's largest economy. Founder and Chief Executive Officer Guilherme Benchimol, 238 XP partners and U.S. buyout firm General...

  • May 9- Goldman Sachs Group Inc is best positioned if the Glass-Steagall Act returns, Chief Executive Lloyd Blankfein said in an interview to CNBC on Tuesday. President Donald Trump has been actively considering breaking up big banks, which could push efforts for revival of the Glass-Steagall Act, a Depression-era law that separated commercial lending from...

  • PARIS/ LONDON, May 9- European banks are privately warning they will have to shift thousands of people out of Britain if Brexit negotiations push the Bank of England to demand that they reinforce London operations with fresh capital, executives have told Reuters. British regulators have been comfortable with this situation with Britain as part of the EU, but...

  • Jes Staley, CEO of Barclays.

    Staley was criticized for attempting to unmask an internal whistleblower, spurring investigations by regulators.

  • May 8- Goldman Sachs Group Inc named M&A co-head Gregg Lemkau and financing group chief Marc Nachmann as co-heads of the firm's global investment banking division, according to an internal memo on Monday. The changes come after Goldman last year elevated former banking co-head David Solomon to the firm's No. 2 position alongside Chief Financial Officer...

  • SAO PAULO, May 5- BR Malls Participações, Brazil's largest mall operator, has hired banks to sell 1.7 billion reais worth of new shares in an offering as early as next week, a person with direct knowledge of the matter said on Friday. Rio de Janeiro- based BR Malls has hired the investment-banking units of Banco Bradesco SA, Itaú Unibanco Holding SA, JPMorgan Chase&...

  • *London shares rise more than 3 percent. HONG KONG/ LONDON, May 4- HSBC Holdings Plc reported a better than expected first-quarter profit and capital position on Thursday, benefiting from an improved performance from its core operations and the return of cash from its U.S. unit. HSBC's shares rose 3 percent in London on Thursday, outperforming a 1 percent rise in the...

  • May 3- 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 centre. Financial services firms need a regulated subsidiary in an EU country to offer their products across the bloc, and this could lead...

  • *Japan Post wrote down $3.6 bln of $4.9 bln Toll purchase. TOKYO/ SYDNEY, May 2- In February 2015, bankers working on Japan's biggest IPO in three decades woke to news that left them shaken. Just months ahead of its listing, state-owned Japan Post Holdings Co was buying Australian logistics firm Toll Holdings for A $6.5 billion, leaving underwriters scrambling to...

  • *Japan Post wrote down $3.6 bln of $4.9 bln Toll purchase. TOKYO/ SYDNEY, May 2- In February 2015, bankers working on Japan's biggest IPO in three decades woke to news that left them shaken. Just months ahead of its listing, state-owned Japan Post Holdings Co was buying Australian logistics firm Toll Holdings for A $6.5 billion, leaving underwriters scrambling to...

  • Reviving such a law would require an act by Congress. Since the 2008 financial crisis, Glass-Steagall has become a calling card for politicians eager to crack down on Wall Street. Senator Elizabeth Warren frequently invokes it, and Senator Bernie Sanders made it a major part of his presidential campaign.

  • Reviving such a law would require an act by Congress. Since the 2008 financial crisis, Glass-Steagall has become a calling card for politicians eager to crack down on Wall Street. Senator Elizabeth Warren frequently invokes it, and Senator Bernie Sanders made it a major part of his presidential campaign.

  • Reviving such a law would require an act by Congress. Since the 2008 financial crisis, Glass-Steagall has become a calling card for politicians eager to crack down on Wall Street. Senator Elizabeth Warren frequently invokes it, and Senator Bernie Sanders made it a major part of his presidential campaign.

  • Reviving such a law would require an act by Congress. Since the 2008 financial crisis, Glass-Steagall has become a calling card for politicians eager to crack down on Wall Street. Senator Elizabeth Warren frequently invokes it, and Senator Bernie Sanders made it a major part of his presidential campaign.

  • Reviving such a law would require an act by Congress. Since the 2008 financial crisis, Glass-Steagall has become a calling card for politicians eager to crack down on Wall Street. Senator Elizabeth Warren frequently invokes it, and Senator Bernie Sanders made it a major part of his presidential campaign.

  • Reviving such a law would require an act by Congress. Since the 2008 financial crisis, Glass-Steagall has become a calling card for politicians eager to crack down on Wall Street. Senator Elizabeth Warren frequently invokes it, and Senator Bernie Sanders made it a major part of his presidential campaign.

  • LONDON, April 28- Bank of America Merrill Lynch and Morgan Stanley joined a chorus of optimism on European equities on Friday, pointing to the strong recovery in corporate profits that is spurring fund inflows into the region. Global sentiment on equities has wavered in recent weeks as economic data from the United States shows signs of softening, though...

  • LONDON, April 28- Bank of America Merrill Lynch and Morgan Stanley joined a chorus of optimism on European equities on Friday, pointing to the strong recovery in corporate profits that is spurring fund inflows into the region. Global sentiment on equities has wavered in recent weeks as economic data from the United States shows signs of softening, though...

  • LONDON, April 28- Bank of America Merrill Lynch and Morgan Stanley joined a chorus of optimism on European equities on Friday, pointing to the strong recovery in corporate profits that is spurring fund inflows into the region. Global sentiment on equities has wavered in recent weeks as economic data from the United States shows signs of softening, though...