News Topic: investment banking

The number of deals in early 2017 was similar to the same period last year, though the pricing has increased. Also see which M&A advisers were the most active for each region during 2016 in our annual ranking. ... Read full article

The German lender says that the Justice Department closed a criminal inquiry into its currency-trading activities without action, but regulators are said to be in the final stages of their own reviews of that conduct to determine if any fines are in order. ... Read full article

Jim Rosenthal previously served as chief operating officer at the Wall Street investment bank. He joins the board of an online lender that has recorded losses in five straight quarters. ... Read full article

The public-private effort, aimed at expansion-minded tech and other companies with proven track records, would be backed by the country’s six largest banks, insurance companies and regional lenders. ... Read full article

The bank and one of its investors are planning a sale of common stock that could help fund growth initiatives. ... Read full article

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article

In a sharply worded message to staff, Lloyd Blankfein, Goldman Sachs' longtime head, broke with the Trump administration over its controversial attempt to crack down on immigration. ... Read full article

BlackRock, the world’s largest asset manager, said it plans to move $1 trillion in custodial and fund services for client assets to JPMorgan Chase from State Street. ... Read full article

A 9% increase in interest revenue helped to offset relatively flat growth in fee revenue. ... Read full article

Citigroup reported fourth-quarter profit that surpassed analysts’ estimates as trading revenue jumped 31%, more than the bank had forecast last month. ... Read full article

Bank of America, the second-largest U.S. lender by assets, said fourth-quarter profit rose 43% as revenue from fixed-income trading increased and expenses dropped. ... Read full article

By: Tianja Samuel St. John’s Law Student American Bankruptcy Institute Law Review Staff  ... Read full article

By: Piergiorgio Maselli St. John's Law Student American Bankruptcy Institute Law Review  Staff ... Read full article

This posting's title, with apologies to Carly Simon who wrote and sung Billboard's 72nd most popular song ever, is appropriate if any of us think that the Mortgage Modi ... Read full article