Retail investor redemptions from private credit funds are eroding direct lenders' pricing power. This shift is allowing traditional investment banks to recapture market share in leveraged finance, as…
Robinhood secured regulatory approval to underwrite IPOs, landing its first syndicate role for Oura alongside lead bookrunners including JPMorgan Chase. The development highlights a rebounding IPO ma…
Evercore reports third-quarter capital markets trends are tracking below expectations due to weak debt underwriting, despite strong equity issuance and M&A. While pure-play investment banks face earn…
A Goldman Sachs partner warned that AI adoption risks causing cognitive atrophy among junior bankers by automating foundational tasks. While AI boosts near-term efficiency across Wall Street, includi…
Smart-ring maker Oura publicly filed for a Nasdaq IPO targeting a valuation above $11 billion. JPMorgan, Goldman Sachs, and Morgan Stanley are lead bookrunners. The profitable wearable tech company g…
Riverwater Partners exited boutique advisory firm Perella Weinberg Partners following a 10% workforce reduction. The fund noted persistent M&A challenges for independent advisors as deal activity inc…
JPMorgan investment banking executives report that AI infrastructure financing remains robust but increasingly discerning, prioritizing power access and permits. Global AI capex is projected to surpa…
Morgan Stanley holds a Zacks Rank #1 (Strong Buy) ahead of upcoming earnings, with quarterly EPS expected to rise 7.5% year-over-year. Robust growth estimates and top-tier industry ranking provide a …
JPMorgan shares surged 20.6% over three months, supported by strong net interest income projections, surging investment banking and trading revenues, and resilient credit performance. With a new $50B…
JPMorgan shares rallied 20.6% over three months, driven by surging investment banking and trading revenues, resilient net interest income, and solid credit trends. Despite rising expenses, a $50 bill…
Citigroup gained 1.16%, outperforming major indexes amid positive earnings expectations. Analysts project a 19.64% EPS increase to $2.68 for the quarter, supported by upward estimate revisions and a …
Smart ring maker Oura is planning a U.S. IPO as soon as September, targeting a $16 billion valuation to raise up to $3 billion. JPMorgan Chase, Goldman Sachs, and Morgan Stanley are among the lead un…
Morgan Stanley has surged 45.1% over the past year, bolstered by surging investment banking fees, wealth management expansion, and robust capital returns. However, rising technology expenses and cycl…
JPMorgan shares slipped 1.7% as retreating Treasury yields triggered profit-taking across banking stocks. Despite valuation trading at a 14% premium to fair value, fundamental momentum remains except…
European banks UBS and Deutsche Bank posted record Q2 2026 profits, driven by strong investment banking and wealth management growth, signaling sector re-rating and improved macro risk appetite for E…