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Capital Markets Investment Banking and Brokerage

  • Dec 20- Investment bank Jefferies Group LLC reported a sharp increase in quarterly profit, driven by strong revenue in its equities and fixed-income securities trading business. Net earnings attributable to Jefferies rose to $87.18 million in the fourth quarter ended Nov. 30, from $19.96 million a year earlier. Jefferies, a unit of Leucadia National Corp, kicks...

  • MILAN, Dec 19- The Italian government decided on Monday to seek parliamentary approval to borrow 20 billion euros to underwrite the stability of its wobbly banking sector, starting with a likely bail-out of No. 3 lender, Monte dei Paschi di Siena, as early as this week. Monte dei Paschi, recently judged the weakest of the European Union's major banks, needs to dispose...

  • Steve Eisman

    Steven Eisman told CNBC on Monday he does not have another big short — or bet against the market — but instead has a big long idea.

  • Steven Eisman, senior portfolio manager at Neuberger Berman.

    Steven Eisman, senior portfolio manager at Neuberger Berman, believes the Trump administration will roll back financial regulations.

  • *Wall Street banks facing tough Asia investment banking business. The Swiss bank joins rivals in making investment banking cost cuts in Asia as deal volumes remain sluggish. Wall Street banks are grappling with a harsh environment in Asia as the region's economies and markets have failed to deliver sustained growth after the 2008 financial crisis.

  • *Wall Street banks facing tough Asia investment banking business. The Swiss bank joins rivals in making investment banking cost cuts in Asia as deal volume remains sluggish. Wall Street banks are grappling with a harsh environment in Asia as the region's economies and markets have failed to deliver sustained growth after the 2008 financial crisis.

  • Dec 14- Boutique investment banks have grabbed a record share of the global merger and acquisition fee pool off larger Wall Street rivals this year but their stock price performance is trailing bigger peers. M&A levels have slowed and without major lending and trading desks, these firms are not in line for the sort of boost their larger rivals are expected to...

  • Dec 14- Goldman Sachs Group Inc on Wednesday named company veterans David Solomon and Harvey Schwartz presidents and co-chief operating officers to succeed Gary Cohn, who is set to head the White House National Economic Council. The Wall Street investment bank said Chief Information Officer R. Martin Chavez would replace Schwartz as chief financial officer...

  • Dec 14- Goldman Sachs Group Inc on Wednesday named company veterans David Solomon and Harvey Schwartz presidents and co-chief operating officers to succeed Gary Cohn, who is set to head the White House National Economic Council. The Wall Street investment bank said Chief Information Officer R. Martin Chavez would replace Schwartz as chief financial officer...

  • *Italy's biggest bank plans to raise 13 billion euros. *Italy home to some of Europe's highest fee payers. The bank, which has a market value of 17 billion euros, wants to tap equity markets early next year for one of Europe's biggest rights issues of the past decade, raising 13 billion euros to shield itself from a broader banking crisis.

  • *UniCredit sees central and eastern Europe as growth area. MILAN/ LONDON, Dec 13- Italy's largest bank, UniCredit, plans to raise 13 billion euros in the country's biggest-ever share issue to shore up its balance sheet and shield itself from a broader banking crisis. They come at a turbulent time for Italian banks and the economy- with Monte dei Paschi di Siena at risk...

  • *Barclays aims to integrate corporate and investment bank in UK. *Will look to selectively hire in UK team. At the heart of the strategy is a plan to win more advisory business from British companies the bank already lends to, with Alisdair Gayne leading the charge as head of UK investment banking.

  • Nomura lists 'grey swan' risks for 2017

    The firm outline unlikely, but potentially impactful events next year, calling them 'grey swan' risks.

  • *EU investment banks need to merge with U.S., China rivals. Eric Knight, who founded the fund in 2002 and now has about $800 million under management, said that slimming down by cutting jobs and risk was not the answer to a progressive squeeze on margins driven by tighter regulation. "Is there a future for investment banks in Europe?

  • BEIJING, Dec 7- China has selected 21 investment management institutions for its pension insurance fund, bringing it one step closer to investing up to $290 billion in its financial markets. The investment management institutions include some of the country's biggest asset managers, insurers and investment banks, such as China Asset Management Co., Ping An...

  • HONG KONG, Dec 6- Fosun International Ltd, China's biggest privately-owned conglomerate, is known globally for its bold dealmaking, including the tenaciously successful pursuit of French resort operator Club Med. In some cases, the internal teams of Chinese corporations far outnumber investment bankers at global banks in Asia. Goldman Sachs, for instance,...

  • Dec 1- The U.S. Commodity Futures Trading Commission failed to verify whether futures and swaps brokerage firms have adequate policies to help ward off cyber attacks, an internal CFTC audit found. The audit was completed in October by Brown& Company CPAS and Management Consultants PLLC at the request of the CFTC's inspector general. Auditors took issue with the...

  • *Britain and France to remain separate from Frankfurt bank. ZURICH, Dec 1- Swiss bank UBS has set up a bank in Frankfurt to consolidate most of its European wealth management operations, after Britain's vote to leave the European Union dashed London's chances of being the host city. Luxembourg was a contender, along with London until Britain's vote to leave the EU,...

  • SAO PAULO/ SAN FRANCISCO, Nov 30- Online travel agency Decolar.com Inc, one of Latin America's few so-called unicorns, has held preliminary talks with investment banks for a U.S. listing on Nasdaq in the second half of 2017, three people with knowledge of the plan said. New York- based investment firm Tiger Global Management LLC, which owns 60 percent of Decolar.com,...

  • *CIB to sell 70-80 pct of investment bank arm CI Capital. CAIRO, Nov 30- Egypt's largest listed bank Commercial International Bank said it is in talks with local and Gulf investors to sell a 70-80 percent stake in its investment banking arm CI Capital. Sources with knowledge of the discussions had earlier on Wednesday told Reuters that CIB was close to finalising a...