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Capital Markets Investment Banking and Brokerage

  • RIYADH, Feb 16- The Saudi Stock Exchange appointed Sarah Al-Suhaimi, chief executive of investment bank NCB Capital, as its first female chair on Thursday, in a sign of change in the conservative society. Suhaimi, who became the first female chief executive of a Saudi investment bank when she took that post at NCB Capital in 2014, is one of only a few women with a top...

  • Feb 15- A former Los Angeles investment banker was sentenced to more than 11 years in prison by a federal judge on Wednesday for his role in a stock manipulation scheme, resolving one of two criminal cases facing the man once dubbed "Porn's New King." Jason Galanis, 46, admitted last year to securities fraud, investment adviser fraud and two conspiracy charges in...

  • *Total investment banking fee fell 6 pct in India in 2016. HONG KONG/ MUMBAI, Feb 15- BofA Merrill Lynch, UBS and Standard Chartered are among banks scrambling to win advisory roles in a potential merger involving Vodafone in India, sources said, as they chase a rare big deals-related payday in the country. That is about 10 percent of the total investment banking fee...

  • The International Monetary Fund's Christine Lagarde is one of this year's attendees of the Bilderberg Meetings.

    IMF head Lagarde said she is keeping an eye on President Trump's attempt to roll back the law put in place after the financial crisis.

  • Gary Cohn, director of the U.S. National Economic Council.

    With key White House economic posts still vacant, Gary Cohn is Trump's go-to guy on jobs and growth, The NY Times reports.

  • LONDON, Feb 9- Banks and foreign exchange brokers in Britain face legal claims from small companies which allege they were mis-sold complex currency derivatives that soured when the pound fell after Britain's vote to leave the European Union, according to court filings and sources familiar with the cases. The law firm representing Newstar, Collyer Bristow,...

  • *SocGen says to float stake in ALD Automotive. PARIS, Feb 9- Societe Generale, France's second-biggest listed bank, is to float its vehicle leasing arm ALD towards the middle of this year, after reporting stronger than expected fourth-quarter results. SocGen said it would retain a majority stake in ALD Automotive, which has 1.4 million vehicles and provides...

  • *New York bank worked for years to win a Saudi Aramco role. NEW YORK/ LONDON/ DUBAI, Feb 8- Boutique investment bank Moelis& Co has been chosen as an adviser by Saudi Aramco on what is expected to be the world's biggest initial public share offering, sources familiar with the matter told Reuters. Moelis' appointment is a big win for the New York bank, dwarfing previous IPO...

  • EXCLUSIVE-TESARO INC DISCUSSING OPTIONS WITH INVESTMENT BANKS, INCLUDING CITIGROUP INC, FOLLOWING ACQUISITION APPROACHES-SOURCES.

  • Thierry Olive, former global head of equity capital markets at BNP Paribas, has been appointed co-head of investment banking for Asia Pacific with Philippe de Caraman. The London- based asset management group appointed Philippe Broadhead as head of distribution. The financial services firm said it appointed three former executives from Jefferies Group LLC...

  • Paul Atkins

    The CEO-worker pay ratio, included in Dodd-Frank, "was thrown in there at the behest of special interests," says ex-SEC chief Paul Atkins.

  • SAO PAULO, Feb 6- Grupo BTG Pactual SA has fired partner Marco Gonçalves as head of mergers and acquisitions, following reports he was sued by a New York City nightclub after leaving a $340,000 bill unpaid last year, two sources with knowledge of the matter said on Monday. The New York Daily News reported last Thursday, citing court documents, that Gonçalves left...

  • Taking Dodd-Frank apart no easy task

    CNBC's Steve Liesman takes a look at the complicated task of rolling back the regulatory reform bill.

  • *UK banks must separate retail, investment banking operations. LONDON, Feb 5- Barclays Plc is about to overhaul its back office operations under a restructuring to help it comply with new post-crisis rules forcing British banks to ring-fence their retail operations from their riskier business. While Barclays was not among those that needed a UK...

  • Financial Advisor Actuary

    Among the issues affecting financial services professionals are business continuity, SEC reviews and more.

  • Tim Hockey, president and chief executive officer (CEO) of TD Ameritrade.

    Tim Hockey, TD Ameritrade CEO, comments on Schwab's latest move in the waging price investing war.

  • Tim Hockey, president and chief executive officer (CEO) of TD Ameritrade.

    Tim Hockey, TD Ameritrade president & CEO, speaks with CNBC's Mike Santoli about the effect on all online brokers from Charles Schwab trimming trade commissions.

  • Financial Advisor speaking with client

    It isn't that hard for attackers to break into your device and snap up personal information. Here's how to protect yourself.

  • FRANKFURT, Feb 2- Deutsche Bank posted a net loss of 1.9 billion euros in the fourth quarter as legal costs for past misdeeds outstripped gains from a rebound in bond trading. Germany's flagship lender missed the higher expectations of analysts who had expected the bank to post a fourth-quarter net loss of just 1.16 billion euros. The bank hiked its litigation...

  • Feb 1- Some investment banks seeking to be added as underwriters to Snapchat owner Snap Inc's initial public offering registration document have been denied access to review it before it is made public this week, according to people familiar with the matter. For Wall Street banks, it pits their desire to appear on the front cover of this year's most high-profile...