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The asset and wealth division helped drive the gains, posting its highest quarterly revenue in two years on a gain tied to the sale of a financial-management business. That helped counter fixed-income trading results and investment-banking fees that fell short of expectations.
January 16 -
The banking giant plans to put all asset managers through training in Python programming language, whether they 'like it or not.'
May 22 -
Berkshire's move out of several financial stocks and into Capital One in the first quarter, detailed in a regulatory filing Monday, comes after CEO Warren Buffett said publicly he was cooling on the sector.
May 16 -
The company is adding fixed income securities to its offering while interest rates rise and the U.S. equities market continues to modernize
April 14 -
Citigroup may record losses of at least $50 million following a London staffer’s fat-finger trade that caused a flash crash in European stocks last month, according to people familiar with the matter.
June 2 -
Analysts expect loan growth and higher interest rates to drive up equity prices next year, even in the face of the omicron variant and other risks.
December 27 -
Myers has thrived as head of global capital equity markets by heeding the leadership advice of her mentor, the late Jimmy Lee: Focus on the people she'd take with her if she ever left J.P. Morgan to start her own firm.
September 22 -
The post-election rally in banking stocks has given certain buyers the ability to make acquisitions that would add to tangible book value, perhaps making it easier for them to pursue more deals.
May 8 -
As part of the closure, the Hong Kong company — whose brand in U.S. banking was closely linked with Mayo — has shut down its widely followed research division.
February 27