Investment banking

Citigroup Inc. Bank Branches Ahead Of Earnings Figures

Citigroup sets up new group for rich investors

Citigroup has established a new asset management group to offer varied solutions and services to richest investors across the world. The new global asset management group will function within investment banking business and it'll bring several segments together.

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Pedestrians walk past the headquarters of Wells Fargo & Co.

Wells Fargo Seeks Laughlin Successor for Merger and Acquisition Chief

John Laughlin is stepping down as the head of merger and acquisition, becoming the vice chairman of the business. Wells Fargo is now looking to replace him considering both internal and external candidates.

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Morgan Stanley Reports 55 Percent Increase in Quarterly Profits

Morgan Stanley to increase staffs in Japan

Morgan Stanley intends to hire additional bankers in 2016 in order to contend with its rival Nomura. The company failed to present the exact number of staffs being hired.

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Deutsche Bank AG Headquarters And Branches Ahead Of Strategy Announcement

Challenge in Investment Banking and Trading Hurt Deutsche Bank

As an investment bank, a problem in investment-banking operation will damage the overall performance. Deutsche Bank suffered its first annual loss since 2008, followed by drastic drop of its shares.

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WestPark Capital

WestPark Capital Announces Opening of New York City Office

WestPark Capital, a Los Angeles based Investment banking firm, announced today it has opened a New York City office and hired two Managing Directors, Brandon Ross and Jonathan Blum.

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Sergio Ermotti

UBS AG's Ermotti denies spinoff of investment banking operations

UBS AG Chief Executive Officer Sergio Ermotti belied rumors that the biggest lender in Switzerland will be spinning off its investment banking business, Bloomberg reported.

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Credit Suisse

Credit Suisse star analyst Howard Chen is now an investment banker

Howard Chen, an analyst from Credit Suisse, will be joining the bank's Investment Banking Department as the Managing Director and Global Head of Financial Technology and Financial Strategies.

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Morgan Stanley

Morgan Stanley projects recovery in Middle Eastern investment banking market

The Gulf region, after years of doldrums, is now on the road for recovery according to Morgan Stanley executives.

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Bank of America

BofA Hires John Binnie for Investment Banking

Bank of America Corp, the second biggest bank in the US by asset announced its new investment banking vice chairman, John Binnie from Moelis & Co.

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UBS

UBS uplifts commodity trade finance

Swiss bank UBS boosts its commodity trade finance as it makes cuts in investment banking.

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Morgan Stanley

Deputy Head of Investment Banking for Morgan Stanley Leaves Firm

Ji-Yeun Lee, the deputy head of investment banking for Morgan Stanley leaves the firm.

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Renaissance Capital's Chief Executive Officer Stephen Jennings attends a news conference on prospects of investment in Africa, in Lagos May 18, 2011. REUTERS/Akintunde Akinleye

Surviving the investment bank "killing zone": Renaissance

Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking specialist Renaissance Group told Reuters.

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