investment banking

Deutsche Bank considers closing U.S. equities trading in revamp


The German banking giant is also looking to create a "bad bank" to wind down as much as $56 billion in unwanted assets, according to a person familiar with the matter.


Peapack-Gladstone's leap of faith in investment banking


The New Jersey bank is entering a business dominated by larger players. In doing so, it could create a blueprint for other small banks.


Citi joins JPMorgan in warning of second-quarter trading slump


A burgeoning trade war, the U.K.’s planned exit from the European Union and escalating tension between the U.S. and Iran have weighed on market sentiment in recent weeks, Citigroup CEO Michael Corbat said Wednesday.


April Frazer, Wells Fargo | Most Powerful Women: Next


April Frazer describes herself, forthrightly, as a very driven person. Which may explain how she became global head of banks at Wells Fargo before her 37th birthday.


The UBS banker in the Mueller Report: Robert Foresman


The special counsel’s long-awaited report describes three separate occasions in which Foresman, vice chairman of the Swiss company’s investment bank, had Trump-related contacts with Russians.


Citigroup trims costs 3%, exceeding expectations


Bank's profits up 2% despite decline in revenue.


Wells Fargo profit surprise offers respite to 2019's tough start


Wells Fargo & Co. investors who stuck with the bank through a bumpy few months are being rewarded with the best first quarter in five years.


JPMorgan gets one more boost from rate hikes before Fed’s pause


The Fed may have stopped raising borrowing costs for now, but the biggest U.S. bank is still reaping benefits from higher interest rates.


Two more bank M&A advisers to merge


The deal between Performance Trust and Banks Street Partners is the second combination this month of investment banks that cater to commercial banks.


Janney Montgomery Scott to buy FIG Partners


The deal will give Janney greater access to the community banking sector.