Investment Banking

Two of Goldman Sachs Group Inc‘s (NYSE:GS) top investment bankers are reportedly considering leaving the firm. The bankers are allegedly unhappy about being left out of a new operating committee set up by CEO David Solomon. What Happened: The exclusion of Mark Sorrell and Gonzalo Garcia from...

In a sector where fluctuating rates often dictate profits, Raymond James Financial (NYSE: RJF) is showing some resilience, underpinned by a diversified profit model that's envied by many of its interest-rate dependent peers. That's according to Bank of America Corp (NYSE: BAC) Global...

Goldman Sachs Group is making notable shifts in its stance on two players in the investment banking sector. A Tuesday note issued to investors highlighted an upgrade for an asset management company and a downgrade for a financial restructuring business. Here's what investors need to know. The JEF...

Goldman Sachs Group Inc's (NYSE:GS) second-quarter earnings print issued Tuesday fell short of expectations, as it saw its worst quarterly profits since the early stages of the pandemic-induced recession back in 2020. By The Numbers: The bank issued earnings of $3.08 — down 60% year-over-year —...

Goldman Sachs Group Inc (NYSE: GS) announced amazing quarterly financial results, Jim Cramer said Tuesday on CNBC's "Squawk Box." What Happened: Goldman Sachs reported quarterly earnings of $15.02 per share, which beat the estimate of $10.23 per share. The company reported...

Evercore Inc. (NYSE: EVR) is offering cash payments to recent college graduates it offered to hire if they delay their joining, the Wall Street Journal reported. What Happened The investment banking firm will pay up to $25,000 to any recent college graduate analyst who will join the bank next...

We’re back in the capital markets for this week’s Fintech Focus Podcast, and it’s a good one—perennial BZ Awards judge and partner at Marlin & Associates Michael Maxworthy joins us for an assessment of the state of fintech M&A. Maxworthy’s firm has advised a...

The path toward an initial public offering is long, complex and time consuming. In fact, bankers at Goldman Sachs Group Inc (NYSE: GS) completes no less than 127 steps for each deal, but the firm recently took a look at how many of these steps can be handled through automation. The answer so far is...

If global M&A activity is any indication of the worldwide economy, then it should be concerning that a major global bank just slashed investment banking jobs in Asia. According to Reuters, Bank of America Corp (NYSE: BAC) is set to eliminate around two dozen investment banking jobs in Asia....

JPMorgan Chase (NYSE: JPM) will report its first quarter results on Friday, April 11, before market open. The company is expected to earn $1.41 per share on $24.55 billion. The last time JPMorgan reported its earnings was on January 14 when its earnings per share of $1.30 fell short of the...