Goldman Sachs’ $4.6 billion profit shows you can navigate tough times, as long as you have the brightest minds in finance at your disposal.
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Visa has offered $100 million replace Mastercard as the network of choice for Apple’s credit card, according to The Wall Street Journal.
The good times, they don’t last. But on Wednesday, we at least found out just how good the good times were.
Analysts said they now expect US investment banking revenue to be flat this year, instead of jumping 32% as predicted previously.
Moody’s analysts predict, as of last week, that the private credit market will double to $3 trillion by 2028.
The news comes as Klarna is gearing up for a US IPO, and as regulation of the BNPL sector hangs in the balance post-Trump.
The leader of America’s largest bank also cautioned bullish optimists that US stock markets are overvalued.
The toast of Wall Street has elevated a new generation of executives to run its investment banking and trading operations.
Not long after pledging to operate a digital bank in America, Spain’s most valuable lender is reevaluating its business in the UK.
The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.
The Fed’s September rate cut turbo-charged the stock market, but can the market keep up its bull run for 2025?
Europe’s bank M&A scene has been noticeably stagnant for a while, but that could all be about to change next year.
TD Bank was fined more than $3 billion by regulators in October in what’s arguably the biggest banking scandal of the year.
Wells Fargo Advisors is hoping it can cross-sell products to customers in other business lines, specifically banking customers.
A major American institutional investor is planning to join a lawsuit that says Switzerland’s time to pay up is long overdue.