Investment banks

Goldman Sachs Appoints Head of Strategy and Investor Relations Carey Halio as Global Treasurer

Goldman Sachs has appointed Carey Halio, the head of strategy and investor relations, as its new global treasurer.


China to Remain the World's Top Engine for Global Economic Growth, ADB Says

Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy...

JPMorgan Chase Names CEO Jamie Dimon's Potential Successors

The board of JPMorgan Chase has named the potential successors to CEO Jamie Dimon...

Swiss Banking Giant UBS Launches New Share Buyback Program of up to $2 Billion

Swiss banking giant UBS revealed a new share buyback program of up to $2 billion on Tuesday...


Latest News

Textron looking to borrow $1.1 B to finance its Beechcraft acquisition
Textron Inc Chairman and Chief Executive Officer Scott Donnelly disclosed to analysts and investors in a teleconference today that it will be financing its acquisition of Beech Holdings LLC via debt.
BofA's legal costs rise because of Countrywide deal- report
The Los Angeles Times reported that the legal costs of Bank of America could continue to rise, mostly due to its ill-fated acquisition of Countrywide Financial Corp in 2008.
Cash-rich Islamic banks seek to invest in Western businesses
Islamic banks want to diversify their investments outside of the Middle East and real estate and are seeking to work with Western businesses that comply with the Shariah law.
UK to consider new rules to raise funding for SMBs
The UK government is mulling on rule changes that would make it easier for small and medium-sized businesses (SMBs) to obtain funding from alternative financiers and new banks.
NH Investment & Securities shares surge as parent firm named frontrunner to purchase Woori Investment
Shares of NH Investment & Securities Co gained the most in more than three years after Woori Finance Holdings said its parent company NH Financial Group Inc was the frontrunner to purchase the Woori I
Morgan Stanley to sell India mutual funds assets to HDFC
Morgan Stanley is selling its Indian mutual fund assets to a joint venture between India's HDFC and Britain's Standard Life, becoming the latest foreign asset manager to quit India.
Quiet years leave European lenders with less experienced investment bankers- report
During the financial crisis when the deal markets were quiet, banks parted ways with their senior investment bankers. Now that business has slowly revived, lenders are seeing that they are left with j
Shareholders to give Time Warner Cable the will to reject Charter Communications' $62B offer
Time Warner Cable's 462% total returns may help convince its shareholders to reject Charter Communications' $62 billion offer or to not press for a sale. Time Warner Cable is seeking a takeover bid of
Ex-HSBC Holdings product specialist creates Luminance Global Fund to invest in global liquid securities
Roshan Padamadan, a former HSBC Holdings Plc product specialist, has started a hedge fund that will seek for opportunities in global liquid securities, Bloomberg reported.
At least half a dozen banks vie to finance possible Sprint bid for T-Mobile -sources
Sprint chairman and SoftBank chief executive Masayoshi Son was reportedly meeting senior bank executives in New York. Sources said that banks are readying proposals for financing a bid by Sprint Corp.
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