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Capital Markets Investment Banking and Brokerage

  • 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...

  • *Profit rise driven by credit cards, UK bank. *To create 1,000 new jobs in UK in operations and technology. The British bank is seeking to press ahead with restructuring plans which have seen it shift towards a transatlantic U.S.- UK focus and an emphasis on investment banking under its American Chief Executive Jes Staley.

  • NEW YORK, April 27- Options traders are betting that the U.S. technology sector's strong rally has more room to run as big industry names Microsoft Corp, Intel Inc and Google parent Alphabet Inc get set to report quarterly results. With tech companies poised to benefit from the Trump administration's new tax proposals, recent options trading in the Technology...

  • ISLAMABAD, April 27- Pakistan's financial regulator is escalating investigations against stockbrokers in a campaign to curb insider trading and illegal leveraging in the stock market, its executive director said in an interview. Pakistan's benchmark stocks index was one of the world's best performing last year and has returned more than 900 percent since...

  • ISLAMABAD, April 27- Pakistan's financial regulator is escalating investigations against stockbrokers in a campaign to curb insider trading and illegal leveraging in the stock market, its executive director said in an interview. Pakistan's benchmark stocks index was one of the world's best performing last year and has returned more than 900 percent since...

  • ISLAMABAD, April 27- Pakistan's financial regulator is escalating investigations against stockbrokers in a campaign to curb insider trading and illegal leveraging in the stock market, its executive director said in an interview. Pakistan's benchmark stocks index was one of the world's best performing last year and has returned more than 900 percent since...

  • ISLAMABAD, April 27- Pakistan's financial regulator is escalating investigations against stockbrokers in a campaign to curb insider trading and illegal leveraging in the stock market, its executive director said in an interview. Pakistan's benchmark stocks index was one of the world's best performing last year and has returned more than 900 percent since...

  • *Warsaw's commitment to coal expansion lowers risk for investors. WARSAW/ LONDON, April 25- Many Western banks and finance institutions have pledged to divest from coal, but this has not stopped at least one Polish utility that is expanding its use of the fossil fuel from securing funding through banks and the European Investment Bank. Furthermore, the...

  • ZURICH, April 26- Credit Suisse will raise around 4 billion Swiss francs through a rights issue to catch up to European rivals on capital, ditching plans to float a minority stake in its Swiss banking unit. Keen to shore up its balance sheet, Switzerland's second-biggest bank had announced in 2015 plans to sell 20-30 percent of its highly profitable Swiss...

  • NEW YORK, April 26- As scores of investment bankers profit from the fee bonanza offered by Chinese companies hunting for deals in the United States, one group is conspicuously absent- Chinese banks. Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, and China Construction Bank all have China's sovereign wealth fund, China...

  • DUBAI, April 25- Citigroup has obtained a licence to conduct capital markets business in Saudi Arabia, a move that will allow the U.S. bank to return to the kingdom to offer banking services after an absence of almost 13 years. "Saudi Arabia has embarked on a profound economic transformation journey and we are excited and committed to contributing to this...

  • DUBAI, April 25- Citigroup has obtained a license to conduct capital markets business in Saudi Arabia, a move that will allow the U.S. bank to return to the kingdom to offer banking services after an absence of almost 13 years. "Saudi Arabia has embarked on a profound economic transformation journey and we are excited and committed to contributing to this endeavor,"...

  • RIYADH, April 25- Saudi Arabia's stock exchange should be ready to introduce equity futures and options in about 24 months, after it completes reforms to help it manage the risks of such products, the exchange's chief executive Khalid al-Hussan said. Futures and options would provide hedging tools for the foreign institutional investors that are expected to...

  • SYDNEY, April 25- Copper reversed early losses in Asia on Tuesday to trade higher on the back of strong regional equities markets that broadened investor appeal for cyclical assets such as industrial commodities. *SHANGHAI: The most-traded copper contract on the Shanghai Futures Exchange settled 0.04 percent higher at 46,030 yuan a tonne.

  • Avaneesh Krishnamoorthy, an Indian citizen living in West New York, New Jersey, made about $48,000 trading Neustar stock and options in a brokerage account held by him and his wife, after learning that Golden Gate Capital was in talks to buy the company, court papers show. Shares of Neustar rose 21 percent last Dec. 14 after Golden Gate's takeover of the Sterling,...

  • MUMBAI, April 24- Boutique investment bank Moelis& Co plans to expand in India where it believes economic growth and corporate restructuring will prolong a boom in dealmaking, the head of its local business said on Monday. Moelis, which set up shop in India in 2012, currently has a team of 14 bankers. The relatively low investment banking fee pool in India has...

  • NEW YORK, April 21- Goldman Sachs Group Inc has named Marie Louise Kirk and George Lee as co-heads of engineering for its investment bank, a new role created to foster technological change within the business, according to a memo seen by Reuters. The organizational change comes as Goldman has been integrating programmers into its investment bank to reduce grunt...

  • *HSBC, JPM strongest 2016 transaction banking performers in Asia. *JPMorgan adds more people in transaction banking in Asia. HONG KONG, April 20- With dealmaking in Asia sluggish and Chinese investment banks taking market share from global rivals, some foreign banks are ploughing resources into transaction banking, the workaday business of financing trade,...

  • MS beat boosted by trading and investment banking

    The "Squawk on the Street" crew talk about Morgan Stanley's quarterly numbers which shows profits up 74-percent, and CEO James Gorman calling it one of the firm's strongest quarters in recent years.

  • BlackRock earnings beats Street

    CNBC's Leslie Picker breaks down BlackRock's quarterly numbers which posted and earnings beat of $5.25 Adj. on revenues of $2.824 billion.