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Global investment banking co-heads Jim Casey and Viswas Raghavan already run the unit’s day-to-day operations. In 2020, Mr. Hernandez orchestrated a reshuffling of top investment bankers to let ...
Industry Bancshares got into a deep hole after rising interest rates tanked the value of its sizable bond portfolio. Now the Texas community bank is expecting a $195 million capital infusion and ...
The Independent called Ricci the "poster child for the excesses of the investment banking industry" in 2013 after he sold £18 million-worth of Barclays shares on the day of an austerity budget.
Investment banking is very different from consumer, or commercial banking, which is what most people think of as “banking,” so as investors, it’s important to understand the distinction.
Meanwhile, the UK’s domestic investment banks have retrenched since the financial crisis, culminating in HSBC’s January decision to exit investment banking in the UK, Europe and the Americas.
Simply defined, investment banking is a division of a bank or other financial institution that serves corporations, government-owned companies, government offices and institutions.
Workforce reductions are expected to accelerate globally over the next several months, Reuters reported, due to a “dampened” outlook for investment banking. Bank of America, the second largest ...
A Dubai-based businessman has pledged the largest Bitcoin investment deal in history to help the development of cryptocurrency in the US city of Miami. Khurram Shroff, chairman of Dubai’s IBC Group, ...
Regulations which have made some areas of investment banking more expensive are a factor in deciding where to allocate resources, but it is not a simple “capital heavy, bad; capital light, good ...
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