Category: Investment banking

October 24, 2018

A widely followed financial analyst upgraded shares of Morgan Stanley on Wednesday and said he’s now bullish on every big U.S. bank. “We reiterate our bull case on the largest US wholesale banks and now recommend 5 of 5 with […]

October 19, 2018

FundGuard, a cloud-based investment funds operating system powered by AI and designed to revolutionize the investment funds technology space, today announced its launch and $4 million in funding led by venture firms Blumberg Capital and LionBird. FundGuard will use the […]

October 12, 2018

The U.S. economy is riding high. Bank stocks, while their valuations are down somewhat from their highs at the beginning of the year, are still enjoying a nice run. For most banks that want to raise new equity capital, the […]

September 24, 2018

Nvidia shares will keep rising even after the stock’s big gains this year, according to Bank of America Merrill Lynch. The firm reiterated its buy and ‘top sector pick’ ratings for Nvidia shares, predicting strong demand for the company’s previous […]

September 21, 2018

Treasury yields were mostly unchanged on early Friday trading as traders looked ahead to next week’s meeting by the Federal Reserve, where a rate increase is expected. The 10-year Treasury note yield TMUBMUSD10Y, +0.34% was flat at 3.080%, close to […]

September 19, 2018

Goldman Sachs shares jumped 2 percent after word it has lined up rival banks to take stakes in its three-year-old app devoted to selling complex investment products. The Wall Street firm has been mulling a spinoff of the app, called […]

September 6, 2018

Bank of America Merrill Lynch is getting less optimistic on Chevron shares due to rising competition over energy deals. The firm lowered its rating to neutral from buy for Chevron shares, saying the renewals for the company’s key Asian projects […]

August 31, 2018

Holders of Italian bonds will nervously eye the debt-rating agencies over the next few weeks ahead of what many anticipate is an imminent downgrade of the country’s sovereign-debt rating, a move that would inflict pain on a bond market already […]

August 30, 2018

Encouraging low-income families to squirrel away money for their children’s future sounds like a great way to help kids achieve financially stability. But children’s savings account programs may not be doing much to level the playing field for people of […]

August 28, 2018

The recent record levels in the U.S. stock market have punished those who expected equities to turn lower, but at least one prominent skeptic is standing by his call. Michael Wilson, the chief U.S. equity strategist at Morgan Stanley, said […]