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Capital Markets Investment Banking and Brokerage

  • NEW YORK, Sept 25- The Financial Industry Regulatory Authority said on Monday it ordered Wall Street investment bank and securities brokerage Morgan Stanley to pay $13 million in fines and restitution to clients for inadequately supervising certain short-term trades. FINRA, the securities industry's self-regulator, said that between January 2012 and...

  • SAO PAULO, Sept 25- Brazilian logistics operator Rumo SA has hired five banks to help underwrite an upcoming share sale, according to a securities filing late on Sunday. The investment banking units of Itaú Unibanco Holding SA, Banco BTG Pactual SA, Bank of America Corp, Credit Suisse Group AG and Goldman Sachs Group Inc have won underwriting roles in the...

  • *Yuan flows likely be positive for IPO activity in China. HONG KONG, Sept 22- China- focused venture capital funds are increasing their bets on local technology companies and a further opening of Chinese domestic capital markets, raising money in the yuan at the fastest pace in five years. Those include the 350 billion yuan sought by the China Structural Reform...

  • Sept 19- U.S. investment bank Jefferies Group LLC's third-quarter profit more than doubled as it earned more from advising on debt and equity offerings as well as mergers and acquisitions. New York- based Jefferies, a unit of Leucadia National Corp, traditionally kicks off the earnings reporting season for investment banks. In the quarter, Jefferies provided...

  • Sept 19- U.S. investment bank Jefferies Group LLC's third-quarter profit more than doubled as it earned more from advising on debt and equity offerings as well as mergers and acquisitions. New York- based Jefferies, a unit of Leucadia National Corp, traditionally kicks off the earnings reporting season for investment banks. In the quarter, Jefferies provided...

  • Sept 19- U.S. investment bank Jefferies Group LLC's third-quarter profit more than doubled from a year ago, as it earned more from advising on debt and equity financing as well as mergers and acquisitions. Jefferies said on Tuesday net income attributable to the company rose to $83.8 million in the quarter ended Aug. 31, compared with $41.2 million, a year earlier.

  • Sept 19- U.S. investment bank Jefferies Group LLC's third-quarter profit more than doubled from a year ago, as it earned more from advising on debt and equity financing as well as mergers and acquisitions. Jefferies said on Tuesday net income attributable to the company rose to $83.8 million in the quarter ended Aug. 31, compared with $41.2 million, a year earlier.

  • Sep 15- Global banks have said they could move thousands of jobs out of Britain to prepare for Brexit, the country's planned exit from the European Union. The association expects 3,000 to 5,000 new jobs in Frankfurt over the next two years as a result of Brexit, its head Stefan Winter, of UBS, told German newspaper Welt am Sonntag in June. Bank of America became the...

  • AMSTERDAM, Sept 14- Jefferies, the U.S. investment bank, said on Thursday it would open an office in Amsterdam to service clients across Belgium, the Netherlands and Luxembourg. The bank said Kasper van Griensven, who previously led Deutsche Bank's Dutch investment banking arm, would lead a seven person team based in the Amsterdam World Trade Center.

  • *MUFG has already picked Amsterdam as EU commercial banking hub. TOKYO, Sept 13- Japan's Mitsubishi UFJ Financial Group Inc said it has picked Amsterdam as its European Union investment banking base, as financial institutions prepare for Britain's exit from the EU. MUFG also said it plans to open an investment banking branch in Paris and that several dozen...

  • TOKYO, Sept 13- Japan's Mitsubishi UFJ Financial Group Inc has picked Amsterdam as its European Union investment banking base, sources with knowledge of the matter said on Wednesday, as financial institutions prepare for Britain's exit from the EU. Japan's largest lender with $2.8 trillion in assets has already picked the Dutch city for its commercial...

  • *Plans to open investment banking branch in Paris- sources. TOKYO, Sept 13- Japan's Mitsubishi UFJ Financial Group Inc has picked Amsterdam as its European Union investment banking base, sources with direct knowledge of the matter said on Wednesday, as global financial institutions prepare for Britain's exit from the EU in 2019.. Japan's largest lender with...

  • TOKYO, Sept 13- Japan's Mitsubishi UFJ Financial Group Inc has picked Amsterdam as its European Union investment banking base, sources with direct knowledge of the matter said on Wednesday, as global financial institutions prepare for Britain's exit from the EU in 2019.. MUFG has also decided to open a branch in Paris for its investment banking unit, said the...

  • LONDON, Sept 11- The good news for the world's top banks is that a dismal second quarter of bond trading is behind them. Revenue from fixed income, currency and commodity trading at the world's top 12 investment banks fell 16 percent to $17 billion, the worst second quarter since 2008, a survey by industry analytics firm Coalition last week showed.

  • LONDON, Sept 11- The good news for the world's top banks is that a dismal second quarter of bond trading is behind them. Revenue from fixed income, currency and commodity trading at the world's top 12 investment banks fell 16 percent to $17 billion, the worst second quarter since 2008, a survey by industry analytics firm Coalition last week showed.

  • Sept 8- Goldman Sachs Group Inc commodities trading co-head Greg Agran is leaving the bank after 26 years, according to an internal memo on Friday. Jeremy Taylor and Ed Emerson will continue to serve as co-heads of commodities trading, the memo said. Agran joined Goldman in 1991 as an analyst in New York.

  • CAIRO, Sept 7- Egyptian investment bank Pharos Holding is advising on 7.5 billion Egyptian pounds worth of deals expected to close over the next 18 months in sectors ranging from food retail to chemicals, its chief executive told Reuters. The deals reflect a broader move by the Cairo- based company to build up business outside the banking industry, including...

  • LONDON, Sept 7- Commodities-related revenue at the 12 biggest investment banks tumbled 41 percent year-on-year in the first half of 2017 to its lowest since at least 2006, a consultancy said on Thursday. Revenue from commodity trading, selling derivatives to investors and other activities in the sector fell to $1.3 billion in the first six months of the year, it...

  • CARACAS, Sept 1- U.S. electronic brokerage firm Interactive Brokers has informed clients that it will no longer buy Venezuelan bonds for them, according to a message to clients seen by Reuters and confirmed by the company. The move comes after the United States imposed financial sanctions on the government of President Nicolas Maduro last week that include a...

  • *First Japan Post share sale since massive 2015 IPO. *Government to meet underwriters Monday- sources. TOKYO, Sept 1- Japan's government plans to sell shares in Japan Post Holdings Co as soon as this month, the first sale since the company's massive 2015 listing, a government source familiar with the deal said on Friday.