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

The firestorm at HSBC's investment bank is escalating as the bank hits back against internal dissent

Business Insider 21 Sep 2018

HSBC fired back at internal criticism over its investment banking practices following a staff-penned memo to management late last month ... Dissent within the bank is centred around a ......

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Whistle-blower memo calls out poor performance, ‘failure of leadership’ in HSBC’s investment banking unit

South China Morning Post 21 Sep 2018

A leaked memorandum purportedly written by unnamed HSBC executives has called out its investment banking division, saying there is an “utter failure of leadership” in the business and that senior executives have “failed to create a successful strategy”. The memo, dated August 25, is being circulated within the investment ......

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Jefferies profit slumps on muted investment banking, higher expenses

This is Money 21 Sep 2018

Sept 21 (Reuters) - Jefferies Group LLC posted a 28.1 percent dip in third-quarter profit, hit by a slowdown in its investment banking unit, which advises on deals and listings ... Revenue from its investment banking business fell 2.2 percent to $465.3 million, reflecting "lower Leverage Finance transaction levels", CEO Rich Handler said....

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Ending austerity: create a national investment bank

The Conversation 21 Sep 2018

Linda Bestwick / Shutterstock Creating a national investment bank would be key to a major reform of the UK financial sector ... Soonthorn Wongsaita / Shutterstock Launching a national investment bank In order to achieve a significant loan volume, the national investment bank would require an estimated equity of around £40 billion, which would mainly comprise capital paid in by the government....

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DealBook Briefing: Does Bank of America Care About Investment Banking?

New York Times 21 Sep 2018

A top executive who reportedly questioned the firm’s commitment to the cause is set to step down by year’s end ... ....

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UPDATE 2-Jefferies profit slumps on muted investment banking, higher expenses

Reuters 21 Sep 2018

* Revenue from sales and trading business pick up (Adds third-quarter details, background) ... ....

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Hold Yes Bank; target of Rs 300: JM Financial

Moneycontrol 21 Sep 2018

JM Financial recommended hold rating on Yes Bank with a target price of Rs 300 in its research report dated September 20, 2018 ... JM Financial's research report on Yes Bank ... Rana Kapoor as MD&CEO to Jan 31st, 2019 as against the board’s request to grant a 3-year term has made us reevaluate our investment thesis on Yes Bank ... Yes Bank’s premium ......

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World Bank commits $ 25-30 billion for India's transition to high middle-income country

Sify 21 Sep 2018

"This CPF charts a path for how the World Bank, IFC and MIGA (Multilateral Investment Guarantee Agency), will leverage their relative strengths to deliver stronger development outcomes for this dynamic country, half of whose population is under the age of 25," Schafer said ... Garg complemented the bank for aligning the CPF with India's development and investment objectives, the statement said....

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World Bank commits $25-30 bn for India's transition to high middle-income country

Yahoo Daily News 21 Sep 2018

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Goldman Sachs To Buy A Large Asset Manager?

Seeking Alpha 21 Sep 2018

Investment banking Institutional client services (generally referred to as trading) Investing and lending Investment management ... In order for the firm to stabilize its revenues, there is a necessity to build out one of the remaining two segments – investment banking and investment management ... QoQ revenue growth rates of the investment banking and investment management businesses....

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World Bank endorses $25-30 billion financial support for India's transition to high-middle income nation

The Times of India 21 Sep 2018

It is expected to bring between $25-30 billion in financial support for India from the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) ... "I complement the World Bank Group for aligning the CPF with India's development and investment ......

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India gets World Bank's support for transition to high-middle income nation, may receive $25-30 billion

The Times of India 21 Sep 2018

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SA land-reform proposals 'too vague' for immediate panic, Reserve Bank says

Business Day 21 Sep 2018

The banking system has a gross exposure of R125bn to the agricultural sector, with R41bn of this held by the state-owned Land Bank, he told journalists in Johannesburg on Friday ... Commercial banks have invested about R1.6-trillion of South Africans' savings, salaries and investments into property loans, which they rely on as security, Cas Coovadia, MD of the Banking Association of SA (Basa) said in a statement on August 30....

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