Capital Markets Investment Banking and Brokerage

  • TOKYO, Oct 12- SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering of its mobile-phone unit, a person with direct knowledge of the matter said on Friday. Bloomberg News reported Friday that the Japanese investment and technology firm aims to...

  • TOKYO, Oct 12- SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering of its mobile-phone unit, a person with direct knowledge of the matter said on Friday. The other institutions are Mizuho Financial Group Inc, Deutsche Bank AG and the SMBC Nikko...

  • TOKYO, Oct 10- Japan's Nikkei edged higher in choppy trade on Wednesday as investors picked up defensive stocks on the dips, while index-heavyweight SoftBank dived on news it was to buy a majority stake in U.S. shared office space provider WeWork. President Donald Trump repeated a threat on Tuesday to impose tariffs on an additional $267 billion worth of Chinese...

  • TOKYO, Oct 10- Japan's Nikkei edged lower in a choppy Wednesday morning as weakness in China- related firms offset gains in defensive shares amid caution over the recent global equities selloff sparked by rising U.S. bond yields and fears about China's growth outlook. President Donald Trump repeated a threat to impose tariffs on $267 billion worth of...

  • *Hopes to win IPO business in Saudi Arabia. DUBAI, Oct 9- Egyptian investment bank EFG Hermes hopes to close a deal to acquire a Nigerian broker next month and is hoping to win IPO mandates in Saudi Arabia as it seeks new growth markets. Saudi Arabia could be a major growth market for EFG Hermes, which is the biggest investment bank in the Middle East but derives much of...

  • SYDNEY/ HONG KONG, Oct 8- Investment bankers are bracing for the start of a landmark legal case about alleged cartel activity in Australia's financial sector, nervous the proceedings could lead to increased scrutiny and tougher measures from regulators worldwide. The charges are linked to an August 2015 sale of $2.3 billion worth of new ANZ shares and the...

  • BRASILIA, Oct 2- Brazilian markets surged on Tuesday as stronger polling for far-right presidential candidate Jair Bolsonaro and a Congressional farm caucus endorsement boosted expectations that he may block the leftist Workers Party from returning to power. The benchmark Bovespa stock index jumped 3.8 percent, flirting with a four-month high, and...

  • BUENOS AIRES, Oct 2- The Argentine peso rallied for a second straight day on Tuesday after the central bank issued another round of short-term bonds with high interest rates aimed at mopping up liquidity in the thin foreign exchange market, traders said. The central bank sold $1.398 billion in seven-day "Leliq" notes on Tuesday, with an annual interest rate of...

  • BUENOS AIRES, Oct 2- The Argentine peso rallied for a second straight day on Tuesday after the central bank issued another round of short-term bonds with high interest rates aimed at mopping up liquidity in the thin foreign-exchange market, traders said. The central bank sold $1.398 billion in seven-day "Leliq" notes on Tuesday, with an annual interest rate of...

  • MADRID, Sept 26- Britain's looming exit from the EU and political uncertainty in Brazil will test the management skills of Santander's new chief executive Andrea Orcel while fellow bankers say his appointment is a sign the bank could go on an acquisition spree. The management restructuring comes at a sensitive time for the Spanish bank with two of its three...

  • MADRID, Sept 25- Banco Santander has appointed Andrea Orcel as its new chief executive officer to replace Jose Antonio Alvarez, Spain's biggest bank said on Tuesday. "He brings a deep understanding of retail and commercial banking, as well as a strong track record in managing diverse teams across Europe and the Americas in a collaborative way," Botin added.

  • Going over the details of the contract

    With the S&P 500 approaching double-digit returns for the third year in a row, many investors are no doubt happy with investment statements. But the results are not as good as they seem. That's because investment reporting today is misleading.

  • Jamie Dimon on 2020 rumors: 'I don't think I would be good at' being president

    Jim Cramer sits down with J.P. Morgan Chase & Co. Chairman and CEO Jamie Dimon, who speaks to the current political climate, why he won't run and his vision for government.

  • 'I don't think I would be good at' being president: Dimon

    Jim Cramer sits down with J.P. Morgan Chase & Co. Chairman and CEO Jamie Dimon, who speaks to the current political climate, why he won't run and his vision for government.

  • Jamie Dimon, CEO of JP Morgan Chase.

    Jim Cramer sits down with J.P. Morgan Chase & Co. Chairman and CEO Jamie Dimon, who speaks to the current political climate, why he won't run and his vision for government.

  • MUMBAI, Sept 24- Indian authorities sought to calm markets on Monday but investors paid little heed as fears that the non-banking financial sector is facing a credit crunch hit domestic bonds, stocks and the rupee, adding to Friday's selloff. His intervention came on the heels of assurances on Sunday from both the central bank, the Reserve Bank of India, and market...

  • MUMBAI, Sept 24- Indian authorities sought to calm markets on Monday but investors paid little heed as fears that the non-banking financial sector is facing a credit crunch hit domestic bonds, stocks and the rupee, adding to Friday's selloff. His intervention came on the heels of assurances on Sunday from both the central bank, the Reserve Bank of India, and market...

  • MUMBAI, Sept 24- The Indian authorities' sought to calm financial markets on Monday but investors paid little heed as fears that the nation's non-banking financial sector is. His intervention came on the heels of assurances on Sunday from both the central bank, the Reserve Bank of India, and market regulator, the Securities and Exchange Board of India, that they...

  • Sept 21- Jefferies Group LLC posted a 28.1 percent dip in third-quarter profit, hit by a slowdown in its investment banking unit, which advises on deals and listings. Its quarterly profit of $60.2 million, down from $83.8 million last year, was impacted by a 25.5 percent rise in interest expenses. Revenue from its investment banking business fell 2.2 percent to...

  • Sept 20- Technology-focused investment bank Qatalyst Partners has hired Ethan Zweig, a JPMorgan Chase& Co managing director, to join its San Francisco- based banking team. Among Qatalyst's recent deals, it advised software company CA Inc on its $19 billion sale to chipmaker Broadcom Inc in July. Earlier this year, JPMorgan advised semiconductor company...