Investment banking

Bill Davidson, who heads the company's U.S. technology banking team, will oversee the global expansion efforts.

Royal Bank of Canada fired its U.S. investment banking chief Blair Fleming because he failed to disclose that he was having an improper relationship with an employee.

The investment bank agreed to buy Business Bancshares in St. Louis.

The German banking giant isn’t targeting a specific level of cuts in the U.S. and the final figure will depend on each business line’s decisions, a source said. The U.S. makes up about one-tenth of its global workforce.

The measures will lead to a “significant reduction” in the roughly 97,100-person workforce this year, the German banking giant said.

Live Oak Bancshares wants its next bank president to “step on the gas” as it accelerates growth into new industries.

The Cleveland company's acquisition of a boutique investment banking firm contributed to an increase in its fee income.

Barclays has been gauging clients' interest in the British bank starting a cryptocurrency trading desk, potentially joining Goldman Sachs in pioneering a new business on Wall Street, according to people with knowledge of the matter.

Bank of America Corp. hit a milestone in its years-long effort to get costs under control.

The firm warned Friday that it may take a charge of as much as $1 billion to settle a U.S. probe of its consumer business.

Revenue and profit for the first three months of 2018 rose to all-time highs, the bank said Friday, spurred by record results from stock trading.

Deutsche Bank is said to be conducting a fresh review of its trading businesses, an overhaul that CEO John Cryan is pursuing to help restore profitability amid reports that the bank is seeking to replace him.

The holding company for Union Bank — itself a unit of the Japanese giant Mitsubishi UFJ Financial Group — is on a mission to double its size and become one of the nation's 10 largest banks. Under Steve Cummings, its first-ever American CEO, MUFG Americas has expanded middle-market lending and amassed $3 billion of consumer deposits through its new online bank. Is a splashy acquisition next?

It can be hard for bankers to carve out opportunities to tackle complex problems in today’s always-on culture, but it’s important for getting ahead.

As they cement major partnerships, launch overseas operations and court banks and other institutional investors, top cryptocurrency exchanges now see regulatory approval as a competitive advantage.

The acquisition of Coker Capital Advisors would be the fifth nonbank deal for the Cincinnati company in the past year.

Speculation has existed for a while that JPMorgan Chase could be the first of the megabanks to name a woman chief executive, but the elevation of executives Daniel Pinto and Gordon Smith to co-presidents and co-COOs seemed to put them in the lead to succeed Jamie Dimon.

Kevin Fitzsimmons, who had recently covered banks for Hovde Group, will become FIG Partners' deputy director of research.

The bank's effective tax rate will drop this year to 19% from 32%. That means that if JPMorgan generates the same pretax profit this year as it did in 2017, earnings will rise by more than $3.5 billion.

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.