Investment banking helped drive revenue gains at Deutsche Bank in the third quarter, with growth in fixed income and currencies (FIC) and origination and advisory (O&A) leading the way. The bank’s Investment Bank business saw 11% year-over-year growth in net revenues during the quarter, while...
As is always the case when Wall Street heavy hitters weigh in with earnings, the markets and financial trade publications parse the data and management commentary for insight on investment banking. For Goldman Sachs, the latest earnings report on Tuesday (Oct. 15) offered variations on...
Bank of America has merged its FinTech and technology investment banking teams. The 50 bankers in its FinTech team will join the 200 in its tech group, reflecting the growing similarities between the two industries, Bloomberg reported Monday (Oct. 14). “FinTech payments and software are...
Say goodbye to BNY Mellon and hello to BNY. The bank — America’s oldest — is updating its logo and taking BNY as its new name, it announced in a Tuesday (June 11) press release. Its legal parent name will remain The Bank of New York Mellon Corp....
January 19, 2023
For the world’s largest, most established banks, digitization is not a destination. Rather, it is an ongoing, dynamic process of change and innovation that must adapt to the latest technologies, customer needs and economic trends. And while the digital transformation of retail banking may be focused on enhancing the customer experience via apps and online […]
December 11, 2024
The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025. Speaking to Reuters Tuesday (Dec. 10), David Solomon said that dealmaking in equities, mergers and acquisitions in 2025 could surpass 10-year averages. “I think in 2025 we will certainly be at 10-year averages. We might even be ahead of the 10-year […]
October 23, 2024
Investment banking helped drive revenue gains at Deutsche Bank in the third quarter, with growth in fixed income and currencies (FIC) and origination and advisory (O&A) leading the way. The...
October 14, 2024
Bank of America has merged its FinTech and technology investment banking teams. The 50 bankers in its FinTech team will join the 200 in its tech group, reflecting the growing...
June 11, 2024
Say goodbye to BNY Mellon and hello to BNY. The bank — America’s oldest — is updating its logo and taking BNY as its new name, it announced in a Tuesday (June 11)...
