JPMorgan, Citigroup, Wells Fargo increase investment banking revenues Banks cautious about economic environment and tariffs Optimism grows for resumption of deals after earlier slowdown (Updates quotes, adds share prices) By Nupur Anand, Tatiana Bautzer and Saeed Azhar NEW YORK, July 15 (Reuters) – Large U.S. banks expressed optimism about the investment banking outlook for the
(Bloomberg) — JPMorgan Chase & Co. created a unit in its commercial and investment bank focused on bespoke financing structures across public and private markets. Most Read from Bloomberg The business, dubbed strategic financing solutions, will be a collaboration between banking, markets and sales, according to an internal memo Monday. It will initially focus on
Institutions, both domestic and foreign, queued up to buy shares of Bajaj Finance-parent Bajaj Finserv Ltd. in its block deal that took place on Friday, June 6. Domestic funds ranging from SBI MF to HDFC MF, and global funds from Morgan Stanley to BofA Securities to Goldman Sachs, were all buyers in the Bajaj Finserv
Goldman Sachs plans to merge its investment banking businesses across the Asia-Pacific region to provide clients with more integrated advice and capital markets execution, according to a memo seen by the Post on Thursday. The US firm was combining its teams in Japan, Australia and New Zealand, and Asia excluding Japan to form a unified
Retail investors bought $7.3 billion in Tesla stock over the past two weeks, JPMorgan said. The buying behavior signals that retail investors are in “buy the dip” mode as Tesla stock plunges. While retail investors are buying, Tesla insiders have sold huge amounts of stock. Retail investors can’t get enough of Tesla, even as the