August 12, 2025

investment banking

Banking

StoneX Completes Acquisition of The Benchmark Company to Expand Investment Banking Capabilities

StoneX Group Inc. NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) — StoneX Group Inc. (NASDAQ: SNEX), a global financial services firm connecting clients to the markets across asset classes and geographies, today announced the successful completion of its acquisition of The Benchmark Company, LLC (“Benchmark”), a leading provider of investment banking, equity research, and institutional

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Banking

Master’s in Finance vs. MBA in Finance: Which degree opens more doors in investment banking

For students with sights set on investment banking, two graduate degrees are front-runners: the Master’s in Finance (MiF) and the MBA in Finance. Both are well-regarded in global finance circles, but the paths they offer can differ dramatically. The MiF is typically a fast-track entry for younger candidates, while the MBA is often a strategic

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Banking

Citi hires Goel from JPMorgan to boost tech banking leadership as hiring spree continues

(Reuters) -Citigroup has hired Pankaj Goel from JPMorgan Chase to co-lead its technology investment banking, according to a memo seen by Reuters on Tuesday. Goel, who has more than twenty years of technology experience, was most recently global chair of technology investment banking at JPMorgan, according to the memo, signed by Citi’s head of North

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Finance

Corporate Finance Institute Awarded Top Financial Analyst Training in Report by Expert Consumers

New York, New York–(Newsfile Corp. – July 18, 2025) – Corporate Finance Institute (CFI) has been recognized by Expert Consumers as a top provider of financial analyst training for 2025. The report highlights CFI’s flagship Financial Modeling & Valuation Analyst (FMVA®) and its forthcoming Financial Planning & Analysis Professional (FPAP™) certification as standout programs for

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Banking

Investment banking gains help Goldman Sachs top expectations

Goldman Sachs on Wednesday reported second-quarter earnings of $3.72 billion, or $10.91 per share, exceeding expectations by a wide margin. Analysts had been forecasting second-quarter earnings-per-share of $9.63, according to S&P Capital IQ. The better-than-expected performance was driven by heady increases in investment banking and equities revenues, which spiked 26% and 36%, respectively, from the

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Banking

Wells Fargo Names Tim Ruby to Lead Healthcare, Higher Education and Not-for-Profit Banking Nationwide

Wells Fargo Names Tim Ruby to Lead Healthcare, Higher Education & Not-for-Profit Banking Nationwide (Photo of Tim Ruby) (Photo: Wells Fargo) Ruby brings decades of mission-driven finance experience to support Commercial Banking clients across critical social sectors SAN FRANCISCO, July 10, 2025–(BUSINESS WIRE)–To meet growing demand for specialized solutions, Wells Fargo & Company (NYSE: WFC)

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Banking

SMBC Americas Hires Nick Stevenson to Lead TMT Corporate and Investment Banking

NEW YORK, July 07, 2025–(BUSINESS WIRE)–The Sumitomo Mitsui Banking Corporation (SMBC) Americas Division today announced that Nick Stevenson has joined the bank as Group Head of technology, media, and telecommunications (TMT) corporate and investment banking (CIB) as SMBC continues to grow and diversify its Americas business. A managing director based in New York and reporting

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Loans

PCC: Federal loans no longer offered starting in fall | Local News

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Banking

HSBC cuts over two dozen analyst jobs in investment banking shake-up – Banking & Finance News

HSBC Holdings has laid off over two dozen analysts in recent days as part of its ongoing overhaul of its investment banking division, sources familiar with the matter told Bloomberg. Per the report, people affected by the move included Steven Major, HSBC’s Dubai-based global head of fixed income research. Most of these cuts were in

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Banking

360 One plans investment banking vertical, looks to close 4 funds – Banking & Finance News

By Nesil Staney 360 One, one of the largest portfolio management firms in the country, is planning to build a full-fledged investment banking vertical through Batlivala & Karani (B&K), a brokerage it acquired in January.  The company, which manages $68 billion in assets, is also nearing closure of four of its investment funds, a senior executive told FE. This includes

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