Investment banking

An investment bank is a financial institution that assists individuals, corporations, and governments in raising financial capital by underwriting or acting as the client's agent in the issuance of securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, and FICC services (fixed income instruments, currencies, and commodities).

Unlike commercial banks and retail banks, investment banks do not take deposits. From the passage of Glass–Steagall Act in 1933 until its repeal in 1999 by the Gramm–Leach–Bliley Act, the United States maintained a separation between investment banking and commercial banks. Other industrialized countries, including G7 countries, have historically not maintained such a separation. As part of the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act of 2010), the Volcker Rule asserts full institutional separation of investment banking services from commercial banking.

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Investment_banking

Latest News for: Investment banks

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New report claims Trump received around $2 billion in loans from Deutsche Bank

The Times of India 19 Mar 2019

Here's what we learned.Trump worked with the investment-banking division (including the commercial real-estate unit) and private-banking division.He continued to get loans from the bank as recently as 2015, when a $170 million loan was underwritten for the transformation of the ......

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A Mar-a-Lago weekend and an act of God: Donald Trump’s history with Deutsche Bank

Indian Express 19 Mar 2019

Deutsche Bank used Trump’s projects to build its investment-banking business, reaped fees from the assets he put in its custody and leveraged his celebrity to lure clients ... Its investment-banking division went on a hiring binge ... This arm of the investment-banking division stopped doing business with Trump....

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UMB reocgnizes employee with donation to Extension

DSJ Now 19 Mar 2019

... Corp., a financial services company which offers a variety of financial services including personal and commercial banking, health care services institutional banking which includes services to mutual funds and alternative-investment entities and investment advisory firms....

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Indian Army accepts AGIF exposure to toxic IL&FS bonds

Sify 19 Mar 2019

Answering questions finally, the Army PRO said that Army Group Insurance Fund (AGIF) has very stringent investment norms. The investments are undertaken based on advice by the most prominent & respected financial icons in the country ... The AGI exposure is minuscule (less than 0.5%) as compared to banks/AMCs/pension Funds....

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Romeoville man gets 4 years for stealing mother-in-law’s identity, cash

Chicago Sun-Times 19 Mar 2019

A Romeoville man was sentenced to more than 4 years in prison last week for stealing his elderly mother-in-law’s identity and taking over $175,000 from her investment and bank accounts ... Knapp assumed his mother-in-law’s identity during a series of phone calls to her investment ......

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Commerzbank chiefs start countdown to decision on Deutsche Bank merger

Irish Independent 19 Mar 2019

0 Comments Commerzbank chiefs start countdown to decision on Deutsche Bank merger ... Deutsche Bank is working with Citi and also using its own in-house team of M&A advisers ... However, divesting DWS would mean giving up a steady stream of profits and go against Deutsche's goal of shifting its business away from volatile investment banking earnings....

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Goldman Sachs upgrades India to âoverweightâ, sees Nifty moving to 12,500

Moneycontrol 19 Mar 2019

The global investment bank is of the view that the rally that we are witnessing is a catch up pre-election rally driven by foreign institutional flows (FIIs) ... Another global investment bank, BofA-ML seconds Goldman Sachs opinion that market might be playing catch-up in the run-up to elections....

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Op-ed: Foreign investment law to further boost opening-up

People Daily 19 Mar 2019

China’s national legislature passed the foreign investment law at the closing meeting of its annual session on March 15 ... A Financial Times report also pointed out that the law will soothe foreign businesses’ concerns, protect their legitimate rights in China and keep investment flowing into the country....

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Asia firms spend less and save more as China economy slows

This is Money 19 Mar 2019

By comparison, capex - or money spent on maintenance and investment - at the same firms grew nearly 8 percent last year. "We are seeing several factors working against capex growth," said Joseph Devine, chief investment officer, global ex-U.S. equity at Macquarie Investment Management....

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Hyundai invests in Ola for mobility solutions

Live Mint 19 Mar 2019

Japanese investment banking firm Soft Bank backed Ola was in talks with vehicles manufacturers to provide specialized electric vehicles for its cab services ... In August last year Hyundai Motor Group announced an investment of ₹100 crore in car sharing platform Revv....

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Stocks in the news: Mindtree, Hotel Leelaventure, RCom, L&T and Jet Airways

The Times of India 19 Mar 2019

Etihad Airways is believed to have formally conveyed to Jet Airways’ top lender State Bank of India that it won’t make any further investment in the airline ... The company announced sale of four hotels, including one in the national capital, and a property to Canadian investment fund Brookfield Asset Management for Rs 3,950 crore....

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Consumer forum directs society to refund FD amount with interest

The Hindu 19 Mar 2019

All the three had invested ₹ 5,000 each in the fixed deposit scheme of the society ... Sathyamurthy invested the amount in December 2008, Mr. Krishnaprasad invested it in April 2009 and Mr ... Rai said that the complainants produced fixed deposit receipts before it and these have not been challenged by the bank....

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Jet Airways woes: Etihad may not invest further, could exit; passenger body wants ban on ...

Moneycontrol 19 Mar 2019

Etihad Airways is said to have informed Jet Airways' top lender State Bank of India that it won't make any further investment in the airline ... A senior executive at Qatar, however, told the newspaper it was not interested in investing in Jet Airways ... Why the dream run of HDFC Bank could continue....