Investment banking

Bank of America Corp. told investment bank employees they'll soon be able to take off up to an additional six weeks in a year — with pay.

Umpqua has taken a cue from other regionals that have found success in investment banking.

What makes a strong team? Many in finance are still misjudging these qualities, because, without even realizing it, they gravitate to those they feel most comfortable with. Here is what Barbara Byrne has learned from her own experiences in the industry.

In a world where information overload can leave investors paralyzed, Candace Browning's focus is turning mind-numbing reams of data into actionable intelligence.

Barbara Byrne is one of the public faces of Barclays, serving as one of its five official delegates at the Davos World Economic Forum.

Under Liz Myers, J.P. Morgan's equity capital markets group has led the industry in such key metrics as number of deals and fees generated for eight years running.

Across asset management, investment banking, capital markets and cards, these finance executives stand out for their performance and for helping to create a path to parity for women in sectors that tend to be even more male-dominated than the banking industry.

In our Most Powerful Women rankings, you'll read about a lot of impressive female leaders. But there are still more standouts we'd like to introduce you to. These five offer proof that big changes are possible in just a short time.

A New Jersey politician has downplayed his Goldman Sachs career. The move shows that bankers have a ways to go rebuilding credibility with voters, though factors such as party affiliation, location and the type of banking career also matter.

William Tirrell, the former head of regulatory reporting at the bank's Merrill Lynch unit, negligently caused the firm to violate securities rules but will pay no penalty, the SEC says.

Bank of America plans to provide a premium package that includes speaking directly to analysts, attending conferences and meeting senior executives of major companies and policymakers.

New York-based Cain Brothers advises both for-profit and not-for-profit health care organizations on mergers and acquisitions and financing strategies.

New technologies are poised to sweep through investment banks, relieving many rank-and-file employees of roughly a third of their current workload, according to McKinsey & Co.

The Japanese firm is expanding its U.S. investment banking unit to look more like its bigger Wall Street rivals.

CIT will provide revolving and term loan commitments of up to $100 million through a partnership with the Northbrook, Ill., insurance company.

Wells Fargo, which is expanding its investment banking unit, has hired Mike Mayo to oversee U.S. large-cap bank research.

Stuart Scott was apprehended at the request of the American government as part of a probe into foreign-exchange-trading practices.

Citigroup joined B of A and JPMorgan in predicting double-digit declines for second-quarter trading revenue. The situation adds to the many revenue challenges facing banks.

Citigroup has agreed to sell its fixed-income analytics and index business, which includes the nearly 30-year-old Yield Book platform, for $685 million.

Bank agrees to pay $97 million as DOJ drops criminal charges involving money laundering at Citi uni; digital currency price roars past $2,200 as Japanese catch the bitcoin bug.