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Capital Markets Investment Banking and Brokerage

  • June 20- U.S. investment bank Jefferies Group LLC reported a 29.4 percent increase in quarterly profit on Tuesday, boosted by higher fees from advising on mergers and acquisitions and underwriting debt and equity offerings. Strong trading revenue had boosted profits at large U.S. banks in recent quarters even amid low interest rates as investors changed...

  • Why Goldman CEO Lloyd Blankfein has taken to Twitter

    CNBC's Jim Cramer recaps his interview with Goldman Sachs CEO Lloyd Blankfein and the banking executive's use of Twitter to get out his message.

  • SYDNEY/ LONDON, June 20- Rio Tinto selected Yancoal on Tuesday to buy its Coal& Allied division in Australia for $2.45 billion, surprising commodities trading giant Glencore which had put in a higher bid. Earlier this month, Glencore offered $2.55 billion cash for Rio's coal mines in the Hunter Valley region of New South Wales, beating a previous offer from Yancoal,...

  • June 20- U.S. investment bank Jefferies Group LLC reported a 29.4 percent increase in quarterly profit on Tuesday, boosted by higher fees from advising on mergers and acquisitions and underwriting debt and equity offerings. Strong trading revenue had boosted profits at large U.S. banks in recent quarters even amid low interest rates as investors changed...

  • June 19- U.S. investment bank Jefferies Group LLC reported a 29.4 percent increase in quarterly profit, boosted by higher fees from advising on mergers and acquisitions and underwriting debt and equity offerings. New York- based Jefferies, a unit of Leucadia National Corp, traditionally kicks off the earnings reporting season for investment banks, and its...

  • June 19- U.S. investment bank Jefferies Group LLC reported a 29.4 percent rise in quarterly profit, helped by strong revenue from its investment banking business. Net income attributable to Jefferies Group rose to $69.8 million in the second quarter ended May 31, from $53.9 million a year earlier. New York- based Jefferies, a unit of Leucadia National Corp,...

  • CNBC interviewed 10 people working in the finance industry, from junior investment bankers to senior analysts to find out what's really on their mind about Brexit and how it will impact their lives and the wider City of London.

  • Goldman: Investors looking to beat the calmest market in 50 years are doing it wrong

    Goldman updates its list of stocks that maximize returns in low-volatility markets.

  • HONG KONG/ TOKYO, June 19- Under pressure in Japan from Wall Street rivals and anticipating more deals in the United States or by American companies overseas, Nomura Holdings is boosting its U.S. investment banking business, including some senior hires in the technology and finance sectors. It has hired Jim Voorheis from UBS, where he was head of speciality...

  • *China- backed development bank marks 18 months of operation. JEJU, South Korea June 18- Leaders of the China-backed Asian Infrastructure Investment Bank touted its growing membership and commitment to sustainable development at its annual meeting, even as environmental groups were disappointed by its openness to investing in coal projects.

  • *Despite pledge, OPEC and Russian oil supplies remain high. SINGAPORE, June 16- Oil prices were not far off six-month lows, held down by an ongoing supply overhang that persists despite an OPEC- led effort to cut production and prop up crude markets. U.S. investment bank Jefferies said the low prices were due to "a relentless build in the U.S. rig count, weekly builds in...

  • Marcus Schenck and Garth Ritchie, named this year to lead the reorganized corporate and investment bank, outlined in the email how they would split their duties. Germany's largest lender has been trying to regain its footing after a series of scandals, lawsuits and bets that went wrong pushed it to the brink of collapse last year. The new global capital markets...

  • Marcus Schenck and Garth Ritchie, named this year to lead the reorganised corporate and investment bank, outlined in the email how they would split their duties. Germany's largest lender has been trying to regain its footing after a series of scandals, lawsuits and bets that went wrong pushed it to the brink of collapse last year. The new global capital markets...

  • *Britain and Germany still ahead in the field. PARIS, June 15- France's corporate startup scene is gaining traction against the backdrop of booming investments by venture capital funds and high expectations for a business friendly government under new President Emmanuel Macron. This taxpayer financing is 13 percent higher than the previous year and...

  • DUBAI, June 12- Egypt's EFG Hermes wants to enter Nigeria through an acquisition and expects to get regulatory approval to start a brokerage business in Kenya this year as part of a big push into frontier markets, a senior executive told Reuters on Monday. As well as Nigeria, Kenya and Pakistan, EFG is also eyeing expansion into Bangladesh and Vietnam, said Khalpey,...

  • DUBAI, June 12- Egypt's EFG Hermes wants to enter Nigeria through an acquisition and expects to get regulatory approval to start a brokerage business in Kenya this year as part of a big push into frontier markets, a senior executive told Reuters on Monday. As well as Nigeria, Kenya and Pakistan, EFG is also eyeing expansion into Bangladesh and Vietnam, said Khalpey,...

  • NEW YORK, June 8- JPMorgan Chase& Co Chief Operating Officer Matt Zames will leave the bank in the coming weeks, and his duties are being transferred to a number of other senior executives, Chief Executive Officer Jamie Dimon said in an internal memo seen by Reuters on Thursday. He helped stabilize Bear Stearns after JPMorgan acquired the investment bank during...

  • FRANKFURT, June 8- Deutsche Bank said on Thursday it had hired Nick Richitt as managing director in healthcare investment banking, focusing on healthcare IT and outsourcing. Richitt will join Deutsche Bank in September from Suntrust Robinson Humphrey, where he has been a managing director in technology and services investment banking.

  • SAO PAULO, June 2- Brazil's planemaker Embraer SA will buy back up to 3 million shares, equivalent to 0.4 percent of total shares in circulation, the company said in a securities filing.

  • DUBAI, June 2- Goldman Sachs has applied to Saudi Arabia's capital markets regulator for a license to trade equities in the kingdom, two sources familiar with the move said, in the latest step by Western banks to expand operations in the country. Goldman has been operating in Saudi Arabia since 2009 as an agent and underwriter. The Wall Street bank's move indicates...