Goldman Sachs is reportedly expected to announce weak quarterly earnings on Tuesday (Oct. 17) as a result of a slowdown in deal making and its withdrawal from the consumer business. The investment bank’s third-quarter earnings per share (EPS) are estimated to decline by 36% compared...
Big U.S. investment banks have taken a $4.6 billion revenue hit from the freeze on equity raisings, a Financial Times report said. A drought in initial public offerings (IPOs) this year arrived with the recent volatility on the market. Morgan Stanley, JPMorgan Chase, Bank of...
Asset managers like BlackRock and Vanguard, along with investment banks, have banded together to ask clearing houses to create larger safety buffers and more stringent standards to help stave off potential future trading losses. The Financial Times is reporting that a group of nine banks...
The RealReal, the online luxury reseller, is reportedly mulling an initial public offering, reported Reuters. The report, citing people familiar with the matter, said The RealReal is mulling an IPO for later in 2019 and has started holding discussions with investment banks to help it go...
January 22, 2024
Investment banks are reportedly trying to win back leveraged finance deals from the private credit space. Banks such as Goldman Sachs, Citi and Barclays are among the banks in talks with buyout firms about loans issued during more volatile periods, Bloomberg News reported Monday (Jan 22), citing sources with knowledge of the matter. Now that loan markets are calmer and interest […]
October 12, 2023
Goldman Sachs is reportedly expected to announce weak quarterly earnings on Tuesday (Oct. 17) as a result of a slowdown in deal making and its withdrawal from the consumer business....
March 20, 2022
Big U.S. investment banks have taken a $4.6 billion revenue hit from the freeze on equity raisings, a Financial Times report said. A drought in initial public offerings (IPOs) this...
October 24, 2019
Asset managers like BlackRock and Vanguard, along with investment banks, have banded together to ask clearing houses to create larger safety buffers and more stringent standards to help stave off...
