Investing
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Gold Buying Keeps On Going Despite Waning COVID Woes
TOPSHOT – Gold bullion bars are pictured after being inspected and polished at the ABC Refinery in … [+] Sydney…
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2-year and 10-year Treasurys in July book largest monthly yield drop since March of 2020
Treasury yields ended lower on Friday, with the 2- and 10-year rates notching their biggest one-month drops in over a…
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Binance rolls back European derivatives business
Binance, the world’s largest cryptocurrency exchange, will cease offering futures and derivatives products to investors in some European countries amid…
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Damning Archegos report slams ‘lackadaisical’ attitude to risk at Credit Suisse
Credit Suisse’s $5.5bn loss from the collapse of family office Archegos Capital was down to a “fundamental failure of management”…
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Credit Suisse M&A fees slide by 34% amid dealmaker exodus
Credit Suisse’s M&A revenues tumbled by 34% in the second quarter as the Swiss bank battled to stem an exodus…
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Lazard CEO Jacobs set for 12 star dealmaker hires amid record second quarter
Lazard is continuing to hire senior dealmakers amid an M&A boom that has pushed the independent investment bank to a record…
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Trading Places: Credit Suisse nabs Goldman risk boss; Barclays’ overhaul rages on
As Credit Suisse continues to reel from scandal, the bank tapped a Goldman Sachs executive as its next chief risk…
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Bank of America hires Goldman’s Malhotra in leverage finance leadership role
Bank of America re-hired a senior Goldman Sachs dealmaker to lead its leveraged finance origination business in Europe. Uday Malhotra…
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Credit Suisse made deep cuts to risk team ahead of Archegos collapse
Credit Suisse had just a single senior risk manager in its US prime services division last year as the bank…
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Investors call for vote on companies’ climate change plans
A group of more than 50 asset managers is calling for companies to disclose details of their progress on tackling…
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Robinhood suffers stock price dip after hyped IPO
Robinhood, the trading app synonymous with hot stocks, got a cold reception from investors in its own stock-market debut. The investing…
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The 5 Worst Investment Tips on TikTok
July 29, 2021 6 min read This story originally appeared on NerdWallet This article provides information for educational purposes. NerdWallet…
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Gold rallies to a more than 6-week high after Fed policy update and weaker-than-expected U.S. economic data
Gold futures rallied on Thursday, buoyed by weaker-than-expected U.S. economic data, even as the Federal Reserve indicated Wednesday that the…
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Robinhood set to receive a lukewarm reception on Wall Street
Robinhood Markets Inc., which has disrupted Wall Street with its no-fee trading app, is set to receive a rather lukewarm…
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Barclays unveils new M&A leaders in Europe as shake-up continues
Barclays named new leaders of its European mergers and acquisitions team in Europe, the latest shake-up at the UK lender’s…
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Barclays dealmakers post record quarter despite sharp fall in fixed income trading
Barclays investment bankers posted a record quarter despite a 40% slump in fixed income trading revenues as fees surged during…
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Jupiter’s Bonham Carter on why he’s sceptical about Spacs
City fund management veteran Edward Bonham Carter has called into question the investor benefits of so-called special purpose acquisition companies,…
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Robinhood prices IPO at bottom of range on tepid demand
Robinhood priced its initial public offering at $38 a share, at the low end of expectations, after the popular trading…
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Treasury yields inch up ahead of U.S. GDP report, jobless claims
U.S. Treasury yields edged higher on Thursday as fixed-income investors prepped for a report on second quarter economic growth and…
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U.S. stock futures edge higher ahead of GDP report, Robinhood debut
U.S. stock futures edged higher Thursday ahead of a report on the health of the U.S. economy, as investors await…
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Morgan Stanley hikes junior banker salaries to $100,000
Morgan Stanley has raised base salaries for entry-level bankers to $100,000, leaving Goldman Sachs as the last remaining Wall Street bank…
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Hire ‘poor, hungry kids’ instead of ‘entitled’ grads to solve banker talent crisis, Xavier Rolet says
Investment banks should hire “poor, hungry” graduates if they want to stave off a crisis among junior bankers, which are rebelling…
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Robinhood prices IPO at bottom of range, valuing trading app at $26.7 billion
Robinhood Markets Inc. priced its initial public offering at the bottom of its expected range Wednesday night, which still values…
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The Right Global Corporate Tax Rate Is Far Lower Than You Think
LONDON, ENGLAND – JUNE 05: US Treasury Secretary, Janet Yellen speaks during a press conference … [+] after attending the…
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Looking for an Alternative Investing Opportunity? This Cybersecurity Firm Can be a Compelling Option.
Cybersecurity has become a major concern in the modern digital age and NanoVMs has set out to make a difference.…
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Stock Up On Coffee Now, Prices Are Headed Higher
A barista prepares cups of Geisha Natural coffee variety at the Elida farm, in Boquete, Panama, on … [+] January…
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How to Protect Your Profits From Inflation During a Global Crisis
Inflation is coming to devalue your corporate treasury. Here’s how to protect it. Grow Your Business, Not Your Inbox Stay…
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Can Robinhood thread the needle for a winning IPO?
Initial public offerings can be a little bit like politics: a decent outcome may be when everyone is only a…
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Abrdn boss on why flexible working is here to stay: ‘We’ve proved remote work on a large scale can be effective’
The City is slowly stirring back to life, with the lifting of Covid restrictions in England on 19 July prompting…
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Deutsche Bank 2Q Profit Beats Estimates Amid Lower Provisions — Update
By Mauro Orru Deutsche Bank AG posted profit ahead of analysts’ expectations for the second quarter as provisions for credit…
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Deutsche Bank doubles M&A fees as it sidesteps fixed income trading slump
Deutsche Bank dodged the second quarter fixed income trading slump, with revenues shrinking by 11% as fees from mergers and…
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Credit Suisse set to issue report on Archegos errors
Credit Suisse is likely to publish an investigation as soon as Thursday into the breakdown that led to massive losses from…
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Nasdaq leads drop in stocks ahead of tech earnings, as major indexes pull back from records
U.S. stocks closed lower Tuesday, after a five day rally to record highs for the main indexes, ahead of quarterly…
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Barclays names new capital markets leaders in latest shake-up
Barclays promoted a swathe of senior capital markets bankers as the UK lender continues to reshape the top of its…
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Credit Suisse hires Goldman Sachs executive Wildermuth as new chief risk officer
Credit Suisse has tapped a Goldman Sachs executive as its next chief risk officer as the Swiss bank continues to…
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Standard Chartered scraps academic bar in bid to attract diverse apprentice pool
Standard Chartered is offering a route into a front-line investment banking job for those from lower socio-economic backgrounds by scrapping the…
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Revealed: The best-performing ESG funds you’ve never heard of
Asset managers are scrambling to launch funds to tap into growing investor demand for sustainable investments. At the same time,…
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‘Build America Bonds’ are the key to the infrastructure bill, Scott Minerd says
The Biden Administration’s idea to finance its infrastructure plan with “direct pay bonds” is the right approach, according to a…
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These banks now pay 20-somethings starting salaries of $100,000 or more
The world’s largest investment banks have hiked junior banker pay to six figures over the course of the past month…
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The restructuring hiring rush is on, despite a flat market
An injection of private equity cash into the restructuring market via new spin-offs from Deloitte and KPMG has stoked frantic hiring…
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Credit Suisse sheds investment banking market share as Barclays looks to drive up ranks
Barclays recently overtook Credit Suisse in investment banking revenue, a sign that the UK bank’s long, frustrated push to be a major player…
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Credit Suisse settles spying case with former executive Iqbal Khan
Credit Suisse has reached a settlement with former international wealth management head Iqbal Khan and private investigators over a spying…
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3 Signs it’s Time to Dump Your Company 401(k) Plan — Pronto
July 26, 2021 6 min read This story originally appeared on MarketBeat Should you blindly sign up for your company’s…
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Heathrow Airport 1H Pretax Loss Narrows, Warns of 2021 Passenger Numbers Below 2020
By Anthony O. Goriainoff London’s Heathrow airport said Monday that its first half pretax loss narrowed and that due to…
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Bitcoin bounces above $39,000 as Binance limits crypto leverage
Bitcoin briefly rose above the $39,000 threshold after six consecutive days of positive trading, rebounding after a run of price falls…
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Xavier Rolet on his 130-hour weeks at Goldman: ‘Not sure what today’s generation is complaining about’
How many hours do you really need to clock in investment banking? A group of first-year Goldman Sachs analysts, stretched…
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Can Spacs conquer the world of wealth management?
While the boom in special purpose acquisition companies may well be tailing off slightly, market watchers are still waiting for…
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Will a government venture capital fund really help private investors?
It is hard to overstate how far the European venture capital industry has come since the turn of the millennium. Although…
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More than 1 in 10 Americans invested in crypto this year — here’s how they differ from stock market investors
The stock market has more diverse offerings than the crypto market, but the opposite is true when it comes to…
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Stanhope Capital taps Goldman’s Shelley for CFO role
Stanhope Capital Group, the London-based wealth manager and advisory firm, has named Goldman Sachs’ Chris Shelley as its chief financial…
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