Public clouds will now be used by investment banks, over the next five years it is expected that fifty percent more banks will switch over according to global IT consultant firm GFT. The report claims that public awareness of the usage of clouds is what has driven the banks to switch over. Read More: https://www.itproportal.com/news/public-cloud-could-transform-investment-banking/
With investment banks like Deutsche Bank and J.P. Morgan shrinking their M&A sectors into something larger (Deutsche Bank) or smaller with a more focus on tech (J.P. Morgan China), sometimes people forget that these smaller teams come with some nice benefits especially around this time of year.. Read More: https://news.efinancialcareers.com/ca-en/318593/banking-summer
June 27, 2018/Jersey City, NY. As one of the top providers of services in institutional executions, WallachBeth Capital LLC made the announcement that they will be expanding their corporate finance and advisory services after hiring Dave Mortimer. He will serve as the Managing Director of the company’s investment banking division and his focus will be...
In London investment banks have made more than $10bn in fees alone this year, a growing mergers and acquisition market will help offset the downward revenues from equity deals. Read more: https://www.fnlondon.com/articles/investment-banking-fees-boosted-by-sky-high-ma-20180628
Chase & Co. has begun reconstructing its investment-banking sector before its anticapated changes it already plans on making and additions of new businesses Read more here: https://www.wsj.com/articles/jpmorgan-reorganizes-its-china-investment-bankers-1530079746
Earlier this week D.A. Davidson & Co. announced that two of their transactions in technology space were honored with four awards by the global M&A awards. Read more here: https://www.businesswire.com/news/home/20180620006382/en/D.A.-Davidson-Investment-Banking-Team-Earns-Top
There are many things that comes to mind when you think of “Michigan”. Among them is cars which would probably be one of the first things you think of, however the state can’t be recognized solely for leading the auto industry. With having one of the most diverse economies in the country, over the recent...
If you are currently a junior working in IBD then you’ve been highly considering quitting your job and really looking into working in private equity. This can be said about almost any junior who works in London or Wall Street, or Paris, or Frankfurt. However, headhunters in the banking industry say that a growing number...
BlackRock Inc. has been contacted by Morgan Stanley’s wealth-management unit, which currently manages $2.4 trillion. The company is seeking to get its clients to move all their assets to the bank and it is attempting to do this through technology. read more: https://www.bloomberg.com/news/articles/2018-05-29/morgan-stanley-taps-blackrock-to-help-lure-2-trillion-of-assets
According to a report, global investment banks pulled in the most revenue for their first-quarter in over three years but they are still firing traders as a year long contraction goes on. Read more: https://www.cnbc.com/2018/05/25/wall-street-banks-are-firing-traders-despite-strong-performance.html