Page 4 - Investment Banks

Share of Casa in total bank deposits rose to 44.8% in March 2022: RBI data

Seven states accounted for 63.3% of overall deposits; share of female holdings in incremental deposits more than doubled

Private banks are better money managers, state-owned lenders grow faster

They witnessed higher gains from parking funds with RBI and income from investments; as rates rise, space for both would shrink

Global investment banking faces tougher times after blockbuster year

Russia's invasion of Ukraine and significant monetary tightening have led to volatile trading in financial markets this year

The stock of this merchant banker has zoomed 226% in five weeks

Galactico Corporate Services hit a new high of Rs 249.65 and was locked in upper circuit of 5 per cent for 14 straight trading days.

Investment bankers ride on record IPOs in FY22 to mint bumper pay

Bonuses in FY22 ranged from 100 to 200% of annual pay

Banks forgo bumper fees for managing LIC IPO to get league table rankings

What bankers stand to gain is outsized credit in rankings that compare rivals by the volume of deals they handle.

Investment bankers see 58% decline in earnings, shows data

Most companies had to hit pause on their fund-raising plans amid a sharp fall in the stocks, more so for those in the broader market.

Credit Suisse flags weak 2022, ends a torrid year with $2.2-bn Q4 loss

Credit Suisse's horrendous 2021 was marked by the collapse of $10 bn in supply chain finance funds linked to Greensill and a $5.5-bn trading loss from the implosion of investment fund Archegos

Credit Suisse pares back investment banking, sharpens focus on the rich

Q3 net profit falls 21%, expects net loss for Q4; closing most of its prime broking business after Archegos scandal

Goldman Sachs traders deliver surprise surge in firm's best year ever

The Covid-19 pandemic has given a massive boost to banks' trading and dealmaking operations

Citigroup bolsters India investment banking team on unprecedented deal boom

Companies have raised about $10.2 bn through IPOs in India this year, putting 2021 on track to beat its all-time record of $11.8 bn

Oyo in talks with investment banks for managing its $1.5-bn IPO: Sources

SoftBank-backed Oyo is eyeing valuation range of $14 bn-$16 bn, say sources close to the development

Credit Suisse names chief compliance officer after twin scandals

Lopez Lorenzo, currently head of group internal audit, will take over Oct. 1 from Thomas Grotzer

Global banks' $170-billion haul marks most profitable year ever

As the dust settles over earnings season, a total profit of more than $170 billion from a dozen of the biggest firms in the past four quarters shows how far the industry has come from the frazzled ear

Wall Street's IPO fee machine under threat after regulatory scrutiny

The heavier deal flow has provided an uptick in fees to the banks

Citigroup appoints Rahul Saraf as head of Indian investment banking

Citigroup has appointed Rahul Saraf as the head of its Indian investment banking unit, according to a statement from the bank on Friday

Goldman Sachs to hire over 2,000 people by 2023 for Hyderabad office

Goldman Sachs said it's new office here will hire over 2,000 employees by 2023

Investment bank Nomura loses 20 bankers in Asia after bonus payout in May

Global banks are battling to keep junior investment bankers in Asia where financial technology firm and investment companies can offer a route to faster promotion and the prospects for higher earnings

Bank of America profit more than doubles on reserve release boost

The second-largest U.S. bank by assets unlocked $2.7 billion from its reserves

JPMorgan profit surges helped by trading, investment banking boost

(Reuters) - JPMorgan Chase & Co reported a surge in first-quarter earnings on Wednesday, as the largest U.S. bank released more reserves and was aided by a blowout quarter from its trading desks and soaring investment banking fees.