Hints and tips:
...Big asset managers including Morgan Stanley and Goldman Sachs and smaller firms such as REX Shares and Roundhill have laid the groundwork in recent months for covered call ETFs of their own....
...First and foremost, Goldman needs to bulk up its balance sheet, to better compete with its Wall Street rivals, such as JPMorgan Chase, Bank of America and of course Morgan Stanley....
...Citi’s share price fell 25 per cent in 2022, underperforming the benchmark S&P 500 index, which fell 19 per cent....
...To compete better with Morgan Stanley and JPMorgan Chase, Goldman would benefit from having access to the cheap capital that more deposits provide....
...Last week, JPMorgan Chase called on its managing directors to return to the office five days a week, warning other employees not to fall short of their “in-office attendance expectations”....
...Management Europe, taking place on 9 November at the Marriott Hotel Grosvenor Square, will bring together the top asset management firms across Europe, including Schroders, BNP Paribas Asset Management, J.P...
...This month, BlackRock bought a minority stake in SpiderRock Advisors, an options service for SMAs....
...They fetch 23 times forward earnings, compared to 14 times for JPMorgan Chase and Morgan Stanley. But BlackRock’s growing clout is bringing increased scrutiny....
...(Cue groans from JPMorgan Chase bankers as they read this line)....
...S&P Global’s $44bn deal for IHS Markit illustrates how a handful of predominantly-US companies are beginning to tighten their grip....
...Look at J Crew and Neiman Marcus, which have filed for bankruptcy....
...Morgan Stanley boss James Gorman told a recent conference that M&A was “basically dead” for the second half of the year....
...Wall Street’s biggest banks also benefited from the frenetic market activity in the second quarter with JPMorgan Chase, Bank of America, Goldman Sachs and Morgan Stanley all reporting strong rises in bond...
...Bank of America, Citi, Goldman Sachs, JPMorgan Chase and Morgan Stanley generated $10.28bn in advisory revenues last year, down 5 per cent from the $10.84bn they reported the previous year, disclosures this...
...Deleverage was sizeable, with net debt falling to £1.2bn (inc deeply subordinated bonds, pre IFRS16), or down £343m YoY....
...Now, everyone from JPMorgan Chase to Goldman will be watching how Bettinger handles a combined 24m client accounts holding some $5tn in assets....
...Just as Google and Facebook’s founders penned letters at their initial public offering warning they would not always chase the highest returns, J&J was clear that its first priority was not its shareholders...
...J.P. Morgan predicts a similar range....
...“If I look at the charts for Morgan Stanley, Citigroup, or JPMorgan for the last 10 days they don’t really look all that different,” he said....
...Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citigroup and Bank of America have recorded their biggest summer for stock trading revenue since at least 2009, and their total equities trading revenues for...
...Citigroup, Bank of America, JPMorgan Chase and Wells Fargo had earlier reported increases in net income of between 12 per cent and 32 per cent for the same periods, driven in part by lower tax bills because...
...Morgan Stanley topped Goldman Sachs as the most active adviser on mergers and acquisitions....
...Stanley and JPMorgan Chase....
...Morgan Stanley completes strong quarter for Big Six Morgan Stanley chief James Gorman was enjoying himself so much on this week’s first-quarter earnings call that he began to do the analysts’ job for them...
...(FT) News round-up J&J accepts $2.1 billion offer for its LifeScan unit (Reuters) Tesla to cut 9% of jobs in major restructuring (FT) New code aims to raise standards at private companies (FT) UK tech...
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