Category: Investment Banking

August 19, 2019

In a falling rate environment, Goldman Sachs is advising clients to buy high-dividend payers, which it says are trading at their cheapest levels in nearly 40 years relative to stocks with low yields. “With the 10-year Treasury yield at just […]

August 14, 2019

Warren Buffett’s Berkshire Hathaway Inc. holds nearly $100 billion in financial-services stocks, underscoring the size of the billionaire investor’s ongoing bet on the future of the U.S. economy. Berkshire’s position has built up over years and includes banks, payment companies, […]

August 7, 2019

The White House’s escalating trade fight with China is increasingly likely to drag on through the 2020 election, handicapping the U.S. economy and potentially endangering President Trump’s re-election. Strategists and economists say the U.S. and China appear further away than […]

July 25, 2019

Barclays is proving to be one of the early winners from the woes of German rival Deutsche Bank. The British bank, run by ex-J.P. Morgan executive Jes Staley, has persuaded hedge fund clients with $20 billion in balances at Deutsche […]

July 24, 2019

Deutsche Bank’s plans to retreat from risky investment banking, fire thousands of people and return to its German roots may eventually create a healthier lender. In the short term, the overhaul will be a major financial drain. That was made […]

July 18, 2019

What to expect this summer and fall. The first half of 2019 was a wild one for investors, with the S&P 500 gaining an impressive 17%. The ride wasn’t always a smooth one, with concerns over slowing economic growth and […]

July 18, 2019

Morgan Stanley (MS) said Thursday that second-quarter profit tumbled by 9% as the Wall Street firm suffered along with big-bank rivals like JPMorgan Chase (JPM) and Goldman Sachs (GS) amid a lackluster environment for trading everything from bonds and stocks […]

July 17, 2019

Bank of America on Wednesday posted profit that exceeded analysts’ expectations on strength in its sprawling retail bank. The lender said it generated $7.3 billion in second-quarter profit, an 8% increase from a year earlier, or 74 cents a share, […]

July 15, 2019

The big banks are kicking off earnings season, and while Citi (C – Get Report) did so with a bang there are some particular factors to watch for in the rest of the earnings reports. Citigroup Citi beat analyst’s estimates […]

July 8, 2019

Deutsche Bank shares slumped more than 5 percent as the German lender announced a mass restructuring program over the weekend. In one of its boldest overhauls, the bank will see 18,000 jobs cut by 2022 and the closure of its […]