Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK] Goldman Sachs’ profit rose in the fourth quarter,…
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dealmaking
China brokers rebuild ranks, raise pay on dealmaking return
CHINA’S biggest securities firms are back on the offensive after taking a battering over the past few years. Investment banking divisions of major brokerages, including Citic Securities,…
Oil gains as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focus
The Organization of the Petroleum Exporting Countries pumped 28.4 million barrels per day last month Oil prices rose 2 per cent on Friday (Jan 9) on growing supply worries linked to…
Morgan Stanley boosts managing director ranks after dealmaking revival
Wall Street expects another strong year as equity markets hit record highs and interest rates decline Morgan Stanley elevated 184 employees to the managing director rank this year, up 6…
Citigroup, Daiwa are latest to expand Japan dealmaking teams
This is due to hostile takeovers no longer being taboo, and private equity and activist investors are more prominent It is a good time to be an investment banker in Japan, with Citigroup…
Apac PE executives are the least fazed by geopolitical uncertainty in dealmaking: report
Private equity (PE) executives in the Asia-Pacific are the least fazed by geopolitical uncertainty when it comes to making deals, compared with their counterparts in other parts of the…
Bank of America beats profit estimates on dealmaking strength
It reported a net income of US$8.5 billion, or US$1.06 per share, in the three months ended Sep 30 Bank of America beat Wall Street estimates for profit, benefiting from bumper…
Goldman Sachs loses senior bankers after leadership reshuffles, dealmaking pause
Despite the departures, Goldman still tops Wall Street’s league tables for mergers and acquisitions Goldman Sachs has lost more than a dozen senior investment bankers this year, a higher…
Mizuho plans more dealmaking to become top Asia investment bank
Mizuho Financial Group is aiming to become Asia’s top investment bank by bolstering equity underwriting and M&A advisory, seeking to replicate the headways the firm has made in the US.…
Putin to test Trump's dealmaking prowess at Alaska summit
President Trump took an aggressive stance ahead of Friday's high-stakes summit with Russian President Vladimir Putin by threatening "very serious consequences" if Russia doesn't move…
Tariff uncertainty pummels South-east Asia’s private equity dealmaking in H1; caution likely to reign for rest of 2025
Private equity (PE) deal value in South-east Asia plunged by nearly half in the first six months of 2025, as macro uncertainties slowed dealmakingafter US President Donald Trump’s tariffs…
US banking giants reap gains from dealmaking rebound
Large US banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the second quarter, as they reported in earnings on Tuesday…
From tariffs to universities, Trump's negotiating style is often less dealmaking and more coercion
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise. Source link
Deutsche Bank's deal-making business weaker than expected, CEO says
He says deals will be delayed, not cancelled, on the back of the US’ tariff policies Deutsche Bank’s origination and advisory business is not as strong as the German bank had…
VP Vance's travels are a mix of diplomacy, dealmaking, soft power and family time
When JD Vance was running for vice president, he walked across an airport tarmac in Wisconsin one August day when his campaign travels happened to intersect those of Democratic…
KKR quarterly profit beats expectation on dealmaking revival
ALTERNATIVE asset manager KKR & Co reported a fourth-quarter profit that beat Wall Street expectations on Tuesday (Feb 4), as a rebound in dealmaking activity boosted its income from asset…
Jefferies profit triples in sign dealmaking slump is ending
JEFFERIES Financial Group’s profit soared on a rebound in mergers and acquisitions (M&A ) and a surge in equity-trading revenue, signs that the multiyear dealmaking slump is coming to an…
Blackstone tops profit estimate as its assets hit record, dealmaking picks up
BLACKSTONE beat Wall Street’s expectations on its key quarterly earnings metric on Thursday (Oct 17), as the world’s largest alternative investment firm’s assets under management (AUM) hit…
Morgan Stanley’s profit jumps on recovery in dealmaking
MORGAN Stanley’s profit rose in the third quarter, fuelled by a rebound in dealmaking that also helped its rivals. The investment bank reported a profit of US$3.19 billion on Wednesday…
Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
MORGAN Stanley’s profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its stock to a record. A revival in corporate debt…
Goldman Sachs profit jumps 45% as dealmaking activity rebounds
GOLDMAN Sachs’ profit has jumped 45 per cent in the third quarter, as the investment bank benefited from a rebound in dealmaking. It joined JPMorgan Chase, which also gained from an…