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Capital Markets Investment Banking and Brokerage

  • *Nikkei logs 11th day of gains, rest of Asia flat. *Oil highest since Sept as Iraq govt seizes Kirkuk. LONDON, Oct 17- World equity markets held close to all-time highs on Tuesday, as investors latched on to rising bets on higher borrowing costs in the U.S. and Britain.

  • NEW YORK, Oct 16- A brokerage industry regulator on Monday ordered Wells Fargo& Co to return $3.4 million to customers after selling them inappropriate investment products, the latest sign that a culture of problematic sales practices has bled into areas outside its consumer bank. From July 2010 to May 2012, Wells Fargo brokers sold risky exchange-traded...

  • NEW YORK, Oct 16- A brokerage industry regulator on Monday ordered Wells Fargo& Co to return $3.4 million to customers after selling them inappropriate investment products, the latest sign that a culture of problematic sales practices have bled into areas outside its consumer bank. From July 2010 to May 2012, Wells Fargo brokers sold risky exchange-traded...

  • Oct 16- U.S. stock index futures pointed to a slightly positive start for Wall Street on Monday as investors pondered a solid initial round of third quarter company earnings and awaited a further flood of results this week. Wall Street investment banks Goldman Sachs and Morgan Stanley report on Tuesday. *Wall Street indexes ended higher on Friday, with the S&P...

  • Oct 12- Citigroup Inc's quarterly earnings beat Wall Street expectations on Thursday as cost-cutting, a unit sale and a gain in investment bank fees compensated for weak bond trading and a jump in provisions for consumer bad debts. Chief Executive Michael Corbat has pledged to grow profits from consumer lending to stock trading, and return tens of billions of...

  • Wall Street may not be crazy about bitcoin, but it is intrigued by its use of blockchain technology.

  • The man leading Credit Suisse's blockchain ambitions talks Wall Street's crytpo craze

    James Disney, Credit Suisse global head of software investment banking, discusses what his firm hopes to achieve by investing in bitcoin.

  • *London bankers at French houses prepare for life in Paris. LONDON/ PARIS, Oct 9- While most London- based bankers are brushing up on their German to prepare for a move to Frankfurt post-Brexit, senior staff at French investment banks expect to say "Oui" to government pressure to bring jobs home to Paris. Although French banks have been wavering about their plans, the...

  • Oct 3- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said he is keeping an open mind on bitcoin after a media report that the investment bank was exploring a new trading operation dedicated to cryptocurrencies. The plan is in early stages and may not proceed, the Wall Street Journal report on Monday, citing people familiar with the matter.

  • Oct 3- Goldman Sachs Chief Executive Lloyd Blankfein is keeping an open mind on bitcoins. His tweet follows a Wall Street Journal report on Monday that the investment bank was exploring a new trading operation dedicated to bitcoin and other cryptocurrencies in response to client interest. Blankfein's tweet is in sharp contrast to comments made by JPMorgan's...

  • LONDON, Oct 3- Global investment banking fees in the year to date have reached their highest since just before the financial crisis, coming in at $76.1 billion, according to Thomson Reuters data. The Americas accounted for around 50 percent of the total at $38 billion, the data showed, up 11.6 percent from a year ago. In Europe, banking fees rose 19 percent to a two-year...

  • MEXICO CITY, Sept 29- Puma Energy this week doubled its fuel sales to Puerto Rico's gas stations and industrial customers, aiming to ease long lines for gasoline and diesel that have persisted since Hurricane Maria struck earlier this month, a top executive said on Friday. The firm, partially owned by commodities trading giant Trafigura, which operates six...

  • LONDON, Sept 29- Wall Street bank Citigroup is applying for a licence to conduct sales and trading activities in France, James Cowles, Citi's Chief Executive Officer for Europe, the Middle East& Africa told a French newspaper on Friday. There is fierce competition between Paris, Frankfurt and other European cities to woo international banks City of London...

  • LONDON, Sept 29- Wall Street bank Citigroup is applying for a license to conduct sales and trading activities in France, James Cowles, Citi's Chief Executive Officer for Europe, the Middle East& Africa told a French newspaper on Friday. There is fierce competition between Paris, Frankfurt and other European cities to woo international banks City of London...

  • LONDON, Sept 29- Wall Street bank Citigroup is applying for a license to conduct investment banking activities in France, James Cowles, Citi's Chief Executive Officer for Europe, the Middle East& Africa told a French newspaper on Friday. There is fierce competition between Paris, Frankfurt and other European cities to woo international banks City of London...

  • LONDON, Sept 29- Wall Street bank Citigroup is applying for a licence to conduct investment banking activities in France, James Cowles, Citi's Chief Executive Officer for Europe, the Middle East& Africa told a French newspaper on Friday. There is fierce competition between Paris, Frankfurt and other European cities to woo international banks City of London...

  • LONDON, Sept 29- Proceeds from European initial public offerings reached $7.7 billion in the three months ending September, up 45 percent compared with last year and the highest since 2014, according to Thomson Reuters data. Unusually low volatility, strong equity markets and improving global economic growth outlook boosted equity issuance in Europe and...

  • 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...