Keywords: Investment banking


European banks extend earnings rally as Deutsche Bank, UBS and Standard Chartered outperform forecasts

Europe's banking sector continued its multi-year resurgence on Wednesday as Deutsche Bank, UBS and Standard Chartered all reported second-quarter earnings that exceeded market expectations. The latest results extend a recovery that has driven European bank shares sharply higher since 2024, demonstrating......

Attijariwafa Bank named Morocco’s best investment bank for 2026

Attijariwafa Bank has been recognized as Morocco’s best investment bank for 2026 by Euromoney, marking another major achievement for one of the country’s leading financial institutions. The award acknowledges the bank’s performance in investment banking and its contribution to financing......

Coca-Cola selects JPMorgan and Citi to lead India bottler IPO ahead of 2027 listing

Coca-Cola is moving forward with plans to take its Indian bottling business public, appointing JPMorgan and Citi to oversee the planned initial public offering (IPO) of Hindustan Coca-Cola Holdings in 2027, according to sources familiar with the process. The move represents a significant step in the......

Deutsche Bank expands Saudi presence with new Riyadh regional headquarters licence

Deutsche Bank has strengthened its position in Saudi Arabia after obtaining a regional headquarters licence in the kingdom, allowing the German financial institution to expand its operations and pursue a wider range of business opportunities linked to the country’s economic transformation plans. The......

Cibc's quarterly profit rises on capital markets strength

The Canadian Imperial Bank of Commerce (CIBC) reported an increase in its quarterly profit, driven mainly by strong performance in its capital markets division, according to its latest financial results released on Thursday. The bank benefited from improved activity in trading, advisory services, and......

Bank of America CEO expects 15% growth in Q2 trading revenue

Bank of America expects its trading revenue to increase by about 15% in the second quarter compared with the same period last year, according to CEO Brian Moynihan. The projection reflects improved performance in global financial markets following a period of heightened volatility last year, when markets......

Citi to boost Asia wealth business with significant hiring plans

Citigroup plans to significantly expand its wealth management operations in Asia through a major recruitment drive, according to the company’s global head of wealth management, Andy Sieg. The U.S.-based financial institution is focusing a large portion of its global hiring strategy on Asia, where......

China’s top flash-memory chipmaker YMTC begins pre-IPO coaching talks with investment bank

China’s leading flash-memory manufacturer, Yangtze Memory Technologies Co. (YMTC), has reportedly started preliminary advisory discussions as part of preparations for a potential initial public offering (IPO). According to information submitted to China’s financial regulators, the company......

Citi appoints Barclays’ James Potts to lead shareholder advisory unit

Citigroup has appointed James Potts, a senior executive from Barclays, to head its shareholder advisory and activism defense division, according to an internal memo reported on Tuesday. The move highlights ongoing competition among global banks to strengthen advisory services related to shareholder......