investment banking

Citi creates new investment banking unit in sustainability push

03/29/21

The move is part of a broader push at Citigroup to reduce carbon emissions. Jane Fraser, who took over as CEO on March 1, vowed on her first day that the bank would achieve net-zero greenhouse gas emissions in its financing activities by 2050.

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Wells Fargo to expand investment bank as Scharf sets strategy

01/04/21

Inside Wells Fargo, managers say they intend to build a more commensurate presence on Wall Street, where the firm ranks a mere ninth in capital markets and deal advisory, by focusing on business lines and industries where it already has credibility.

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BofA chairman of global corporate, investment banking to depart

12/22/20

Bank of America’s chairman of global corporate and investment banking, Anne Clarke Wolff, is leaving the firm.

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Berkshire Hathaway sells another piece of its Wells Fargo stake

11/16/20

Warren Buffett's company has been pulling back from the scandal-ridden bank as it prepares to unveil strategic changes.

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Top Citi banker Ray McGuire leaves to pursue NYC mayoral run

10/15/20

Ray McGuire, one of Citigroup’s top investment bankers, has been vocal about his ideas for improving education and access to health care in low-income and minority neighborhoods.

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Profits nearly double at Goldman on broad revenue strength

10/14/20

Revenue at each of Goldman’s four divisions rose from a year earlier, pushing earnings per share to a record that was almost twice as high as analysts predicted.

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Credit Suisse set to hire former BofA investment banker Meissner

10/13/20

Credit Suisse Group is set to hire Christian Meissner, Bank of America’s former investment bank head, as it seeks to link up its richest customers with deals sourced by its securities unit.

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