GO
Loading...

Enter multiple symbols separated by commas

Capital Markets Investment Banking and Brokerage

More

  • NEW YORK, July 17- Japanese insurers including MS&AD Insurance Group Holdings Inc and Sompo Japan Nipponkoa Insurance Inc are seeking mergers with peers in the United States, as a declining population at home forces them to pursue markets that are growing overseas. Property and casualty insurers are particularly hungry for non-domestic acquisitions...

  • July 14- JPMorgan Chase& Co, the biggest U.S. bank by assets, reported a stronger-than-expected rise in second-quarter profit as legal and restructuring expenses declined. Like other banks, JPMorgan has been under pressure to cut costs because low interest rates have weighed on revenue for far longer than expected. JPMorgan's non-interest expenses declined 6...

  • July 14- JPMorgan Chase& Co, the biggest U.S. bank by assets, reported a stronger-than-expected rise in quarterly profit as legal and restructuring expenses declined. JPMorgan's shares were up 1.3 percent to $69 in premarket trading on Tuesday. JPMorgan is the first of the U.S. banks with large capital markets and investment banking operations to report...

  • JPMorgan profit rises as expenses fall Tuesday, 14 Jul 2015 | 7:10 AM ET

    July 14- JPMorgan Chase& Co, the biggest U.S. bank by assets, reported a 5.2 percent increase in quarterly profit as expenses declined. Net income rose to $6.29 billion from $5.98 billion a year earlier. JPMorgan is the first of the U.S. banks with large capital markets and investment banking operations to report second-quarter results.

  • *Investment bank core to Barclays- chairman. *Barclays investment bank down two to 8th biggest in world. LONDON, July 14- Any investment bankers hoping for an easier ride at British bank Barclays after Chief Executive Antony Jenkins was ousted last week may be in for a surprise.

  • China brokerages come under pressure Sunday, 12 Jul 2015 | 11:10 PM ET
    China brokerages come under pressure

    Cyrus Daruwala, Managing Director for IDC Financial Insights, discusses news that regulator have instructed brokerages over the weekend to enforce tightened controls on trading.

  • Commodities: 'Everything is heading lower' Sunday, 12 Jul 2015 | 8:34 PM ET
    Commodities: 'Everything is heading lower'

    Warren Gilman, Chairman & CEO of CEF Holdings, expects extended declines for energy, iron ore, and precious metals on the back of a broad supply glut.

  • Major East Asian economies continue to stand out in a world where developed countries are struggling with high unemployment and a virtual stagnation.

  • LONDON, July 8- Barclays Chairman John McFarlane has fired the British bank's chief executive just three months after taking the lender's top job, saying an injection of new blood would help accelerate strategic change and boost shareholder returns. McFarlane said on a conference call he had spoken to Jenkins last week about his position after independent...

  • Why was Antony Jenkins ousted? Wednesday, 8 Jul 2015 | 5:40 AM ET
    Why was Antony Jenkins ousted?

    David Weild, CEO of Weild & Co, discusses the investment banking sector, in particular the recent news concerning Barclays.

  • LONDON, July 8- British bank Barclays has ousted Chief Executive Antony Jenkins after three years in the post, saying on Wednesday it had decided new blood would help accelerate strategic change and boost shareholder returns. Shares in the bank were up 3.2 percent at 260.2 pence by 0845 GMT, having dropped the previous session to a two-month low.

  • LONDON, July 8- British lender Barclays has ousted Chief Executive Antony Jenkins after three years in the post, saying on Wednesday it had decided new blood would help accelerate strategic change at the bank and boost shareholder returns. Shares in the bank jumped in early trade and were up 2.6 percent at 258.80 pence by 0735 GMT. Barclays said Jenkins, who had...

  • *Beijing presses China's top brokers to support stocks. HONG KONG, July 8- The business plans and overseas ambitions of Chinese brokerages are being shelved as Beijing pushes them to use their resources to arrest a dramatic plunge in domestic equity markets that is threatening China's economic stability. Haitong International Securities Group Ltd, China's...

  • Less than four years after beating a separate federal case, Sergey Aleynikov convinced a state judge to overturn a jury verdict in May. Manhattan Supreme Court Justice Daniel Conviser wrote in his 72- page opinion that, while Aleynikov "doubtless acted wrongly" by copying code from Goldman's servers before he left the investment bank to join a Chicago trading...

  • China unveils rescue measures for stock market Monday, 6 Jul 2015 | 12:15 AM ET
    China unveils rescue measures for stock market

    Dramatic measures rolled out over the weekend propped up China's stock market on Monday, but nervousness remains. CNBC's Eunice Yoon reports from Beijing.

  • *Net profit grew 2.5 pct last year to $89.1 bln. BEIJING, July 3- China's sovereign wealth fund China Investment Corp is ready to work with the new Chinese-led Asian Infrastructure Investment Bank to invest in projects in the region, a senior official said on Friday. The AIIB, which is expected to rival institutions such as the World Bank and the Asian Development...

  • TORONTO, July 2- Royal Bank of Canada was the top adviser on Canadian equity issues in the first half of 2015 as acquisitions and the energy industry's need to strengthen balance sheets fueled record high deal flow, according to data from Thomson Reuters. The investment banking units of Bank of Montreal and Canadian Imperial Bank of Commerce rounded out the top...

  • ISTANBUL/ LONDON, July 2- Dutch lender ING Group is set to win the auction to buy HSBC's Turkish business, people familiar with the matter said on Thursday. Four people familiar with the situation said HSBC had narrowed down the field to one suitor, and two of the sources said that was ING, though they added a deal had yet to be finalised. ING's existing Turkish bank has...

  • NEW YORK, July 1 (Reuters)- U.S. commodities brokerages- a key focus of reforms designed to make the financial system safer- are increasingly struggling to eke out a profit, spurring many firms to think about leaving the business, or trying to boost commissions. The vanishing FCMs are one way the futures trading business is changing in the United States.

  • LONDON/ HONG KONG, June 30- Money raised in global equity capital markets rose in the first half of the year to top $500 billion, but bankers' fees fell as secondary share sales supplanted lucrative stock market listings as the dominant deals. Initial public offerings had reigned supreme in the first half of last year, but they dropped by 18 percent to $96.8 billion...