Investment banks

UPS has picked banking giant Goldman Sachs to handle its $43.4 billion pension fund assets in the United States and Canada.

New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase...

The JPMorgan Chase in Australia has been fined A$775,000 ($509,252) for permitting suspicious client orders on wheat futures trading...

US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey...

After the UK removed local pay restrictions for bankers last year, Gol...

JPMorgan Chase is expected to reach a resolution with a third US regul...

Latest News

The micro venture capital (VC) funding space in India is witnessing a robust activity. A rising new breed of venture capital investors is keen on early-stage investment in startups. About 12 micro ven

BDC Capital, a subsidiary of Business Development Bank of Canada, has launched IT Venture Fund II with corpus of C$150 million. With an objective of bridging gap in the mid-stage funding, the new fund

Indian Rupee further fell in a narrow range and was nearing its record low. On the other hand, stocks on the Indian bourses staged a recovery. The S&P BSE Sensex was up 0.8 percent paring intraday los

The volume of maturities of US investment-grade companies during 2016 and 2020 will be $864 billion. This is record high for the US investment-grade companies. However, they can easily access financia

A research conducted by JP Morgan analysts revealed that global investment banks would suffer a fall in profits this year. The fall could differ between regions, but average earnings are estimated to

Hedge funds in Asia witnessed losses the most in January 2016. The financial markets sell-off in the month made hedge funds suffer losses over 10 percent. Asia-focused hedge funds recorded losses of 3

Brazilian steelmaker Usiminas Siderurgicas de Minas Gerais SA, a Brazilian steel producer, is in the process of offloading its manufacturing unit. Usiminas has already hired Credit Suisse SA as its fi

The market volatility, rising dollar and sluggish global economy are forcing foreign investors towards the US small business credit market for growth opportunities. Foreign investors generally prefer

R-Square Macro Management is increasing its exposure to Russian currency Ruble. It's hoping on rebound in Ruble as it fell 37 percent from the recent high in 2015. Some asset managers scaled back thei

The recent market crash in Indian stock markets is driving funds from equities to mutual funds (MFs). As a result, fixed income mutual funds are witnessing increased inflows of funds amid ongoing bear