investment banking

Bank Lending Under Pressure As Investment Banking Booms
Bank Lending Under Pressure As Investment Banking Booms
July 12, 2020  |  Banking

Bank earnings have unusually high stakes this quarter, with investors’ dividends at stake and banks expected to add billions to their loan-loss reserves due to...

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Goldman Targets $125B In Consumer Deposit Balances In Five Years
Goldman Targets $125B In Consumer Deposit Balances In Five Years
January 29, 2020  |  Banking

Amid the targets for return on equity in the investment banking business, Goldman’s first Investor Day in the wake of a revamped operating structure placed...

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Nanopay: Growth Means Building Beyond The Niche
Nanopay: Growth Means Building Beyond The Niche
May 30, 2018  |  Startup Check-In

There are three things on the mind of nanopay‘s CEO Laurence Cooke: Emerging markets, cross-border business-to-business (B2B) transactions, and capital markets and treasury. Cooke said that,...

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Tiptoe Into Crypto For JPMorgan
Tiptoe Into Crypto For JPMorgan
May 18, 2018  |  Cryptocurrency

JPMorgan, it seems, is underway with inching into cryptocurrencies. Among the first shots across the bow of making things official? Creating an official position. Fortune,...

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HSBC, BNP Paribas Profits Down In Q1
HSBC, BNP Paribas Profits Down In Q1
May 07, 2018  |  B2B Payments

HSBC and BNP Paribas both recorded profit declines for the first quarter of 2018, according to reports on Friday (May 4). The Wall Street Journal...

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Wells Fargo Beefing Up Investment Banking Unit With New Hires
Wells Fargo Beefing Up Investment Banking Unit With New Hires
May 07, 2018  |  Banking

Wells Fargo’s investment bank unit is in hiring mode, reportedly gearing up to hire hundreds of new employees — including around twenty managing directors. The...

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Wells Fargo Planning Corporate Banking Shakeup
Wells Fargo Planning Corporate Banking Shakeup
April 06, 2018  |  B2B Payments

Wells Fargo is looking at its corporate banking operations to consolidate and reduce costs, according to reports from The Wall Street Journal and Reuters on Thursday (April...

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UBS Hit With IPO Ban In Hong Kong
UBS Hit With IPO Ban In Hong Kong
March 12, 2018  |  B2B Payments

Swiss banking giant UBS is reportedly banned in Hong Kong from sponsoring initial public offerings (IPOs), reports in Financial Times said Friday (March 9). The...

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LendingPoint Closed On $500M Credit Facility In August
LendingPoint Closed On $500M Credit Facility In August
September 20, 2017  |  Merchant Innovation

Online lender LendingPoint announced Tuesday (Sept. 19) that it had closed an up to $500 million credit facility on Aug. 22. In a press release,...

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