Latest News on Investment Banking
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Investment Banking - Total results - 12
Mar 22, 2017
Idea Cellular-Vodafone merger: Bankers left in the cold in $23 billion telecom dealBankers had been circling both sides of the telecoms mega-merger since it was first mooted late last year, when competition in the sector accelerated dramatically. In India, deals worth more than $1 billion are rare.
Feb 15, 2017
Vodafone merger talk: Foreign investment banks to fight for $40 million advisory feeIdea Cellular, part of India's metals to financial services Aditya Birla conglomerate, is likely to rope in StanChart and some Indian boutiques to work on the transaction
Oct 17, 2013
Goldman Sachs' revenue slumps 20 percentGoldman's stock, which was recently added to the Dow Jones industrial average, fell $4.2 or 2.6 percent, to $158 in pre-market trading.
Jan 10, 2013
Morgan Stanley cuts 1,600 jobs as business languishesThe staff cuts are a symptom of the current ailing business environment in which Wall Street banks are operating, with few areas of revenue growth to improve profits.
Oct 24, 2012
UBS set to begin 400 job cuts today: WSJUBS has already pledged to cut 3,500 jobs as part of earlier cost cuts, but this is seen as too little by most analysts given a dramatic slowdown in investment banking business
Sep 26, 2012
Barclays to shut 3 Indian branches, cut jobs: sourceThe Barclays branches that will be closed are in Rajahmundry in Andhra Pradesh, and Ahmednagar and Junagadh. It may shut some other smaller branches over the next few months.
Sep 20, 2012
After Deutsche, Nomura to trim investment banking jobs in DubaiThe rationalisation measures by Japan's largest investment bank, which unveiled its second major restructuring of its loss-making overseas operations last month, follows Deutsche Bank's plans to slash its investment banking workforce in Dubai.
Mar 20, 2012
Cutting cost further? RBS shuts some Asia units, sacks 70RBS has halved the size of its investment bank as part of a major retreat since its 2008 taxpayer bailout, and has been forced by the British government and lower profitability across the industry to extend the retreat further.
Feb 10, 2012
RBS to wind down some equity units, cut jobsRoyal Bank of Scotland is to wind down some parts of its equities operations as part of a broader cut-back of its investment banking operations.
Jan 10, 2012
Banks help Sensex close 350 pts up; rupee touches 1-month highA strong set of export data from China has lifted the mood of both global and domestic markets markets.