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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LIC officially becomes master, and IDBI Bank lavishes praise on synergy with master

Sify 21 Jan 2019

Now that the acquisition has received formal tathaasthus, the bank said that LIC would have a strategic investment in a large bancassurance channel and thereby increase productivity and reduce re-distribution costs ... Would LIC's investment help the bank build such a tool?....

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Best ways to save tax: Things to know

The Times of India 21 Jan 2019

Though the SIP window has closed for taxpayers who would have had to show proof of Sec 80C tax-saving investments by now, experts say one can still put money in 2-3 tranches into ELSS funds before the 31 March deadline ... Bank FDs. ... Accounts can be opened in any post office or designated banks with a minimum investment of ₹1,000....

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Many firms’ pension funds may lose Rs 20k-crore in IL&FS bonds

The Times of India 21 Jan 2019

Infosys, State Bank of India and GIC Re feature in the list of companies whose employees face potential hits to their retirement savings, with pension funds at these entities investing in various debt papers of the troubled infrastructure financier IL&FS ... Unlike banks, PFs need not provide for investment losses every quarter....

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Flouting laws, Nepalis invest in tax-haven nations

Dawn 21 Jan 2019

... investment. Sumargi, who has made headlines in recent weeks following his withdrawal of nearly $7 million from Nepal Investment Bank after an apex court order quashed an earlier order allowing him access to his assets, invested in the Cyprus-based Airbell Service Ltd Company....

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MarketInvoice secures £26 million in funding led by Barclays, Santander

Belfast Telegraph 21 Jan 2019

MarketInvoice secured £26 million in funding from an investment round led by the British bank and Santander’s fintech fund, InnoVentures ... Barclays’s new investment builds on its previous partnership with MarketInvoice that gave the bank’s customers access to the company’s invoice finance product, which was announced last August....

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China readies first perpetual bond issue by bank, but demand could be weak

Yahoo Daily News 21 Jan 2019

The role of pathbreaker has fallen to Bank of China (BoC), the country's fourth-largest lender ... "If a bank issuer gets into real trouble, the chance for bondholders to recover their investment is pretty low as banks are leveraged," said Ray Heung, a Hong Kong-based analyst at Moody's Investors Service....

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UK fintech MarketInvoice wins backing from Barclays and Santander as banking disruption gathers pace

Business Insider 21 Jan 2019

The success of challenger banks and payment services such as Revolut and investment platforms including Robinhood have highlighted the potential gold mine in tapping millennial spending ... Since launching in 2014, Santander's Inno Ventures has invested in 22 portfolio companies and ......

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LIC completes acquisition of 51% stake in IDBI Bank

The Times of India 21 Jan 2019

New Delhi, Jan 21 () IDBI Bank Monday said insurance behemoth LIC has completed acquisition of 51 per cent controlling stake in the bank, making it the lender's majority shareholder ... IDBI Bank said it would significantly increase its investments in building data analytics capabilities to analyse customer behaviour of both the entities....

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LIC completes acquisition of 51 per cent stake in IDBI Bank

Deccan Chronicle 21 Jan 2019

IDBI Bank on Monday said insurance behemoth LIC has completed acquisition of 51 per cent controlling stake in the bank, making it the lender's majority shareholder ... IDBI Bank said it would significantly increase its investments in building data analytics capabilities to analyse customer behaviour of both the entities....

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Jan. 21 Deeds of Trust

Reflector 21 Jan 2019

■ Jonathan Young, Lori Young to Bank of America NA $260,000 ... ■ Carolina Penn Investment Group LLC to First Bank $344,000. ■ Carolina Penn Investment Group LLC to First Bank $700,000 ... to Southern Bank and Trust Company $485,000 ... ■ W W Investment Properties LLC to Branch Banking and Trust Company $107,600 ... ■ D7-3 LLC to Wells Fargo Bank NA $140,000,000....

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Higher manufacturing loans show the sector is struggling

Dawn 21 Jan 2019

But they queue up to invest funds in treasury bills and bonds as soon as the government decides to shift its borrowing from the central bank to commercial banks ... Banks meet the private sector’s credit requirement as long as it doesn’t disrupt their strategy to earn maximum money through investment in government securities....

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If investors don’t overhaul banker pay, populism will

Swissinfo 21 Jan 2019

It slashed the parts of its investment bank that made little or no money ... The news last week that Santander was abandoning its planned hire of UBS investment bank boss Andrea Orcel as chief executive, ......

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Kotak Bank Q3 Review â capital market-linked biz soft, but steady overall show

Moneycontrol 21 Jan 2019

The bank looks on track to execute its risk adjusted growth strategy ... The performance of the capital market-linked businesses like securities and investment banking was soft on expected lines ... The bank witnessed a significant write back of investment provision which aided in reporting a significantly higher profit growth....