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WorldBusiness

Wall Street Banks Face Capital Markets Slowdown After Strong First Half

Wall Street’s biggest banks are facing weaker investment banking momentum after a strong first half of 2026, as rising Treasury yields, geopolitical tensions...

WorldBusiness

JPMorgan Chase Profit Rises as Investment Banking and Trading Revenue Strengthen

JPMorgan Chase reported higher third-quarter profits on Tuesday, October 13, 2026, as stronger investment banking activity and trading revenue supported the performance of...

WorldBusiness

Goldman Sachs Profit Rises as Strong Equities Trading Boosts Third-Quarter Earnings

Goldman Sachs reported higher third-quarter profits on Tuesday, October 13, 2026, as strong equities trading and improved investment banking activity supported earnings at...

WorldBusiness

Citigroup Profit Jumps 40% to $5.25 Billion on Strong Investment Banking and Wealth Revenue

Citigroup's third-quarter profit rose 40 per cent from a year earlier as stronger investment banking activity, growth in corporate services and higher wealth...

WorldBusiness

Bank of America Loses Senior Dealmakers but Vows to Expand Investment Banking Business

Bank of America is stepping up efforts to strengthen its investment banking business after losing several senior bankers to rivals, including JPMorgan Chase,...

Goldman Sachs Names Simon Lyons Co-Head of UK Investment Banking
BusinessEconomyWorld

Goldman Sachs Names Simon Lyons Co-Head of UK Investment Banking

Goldman Sachs has appointed Simon Lyons as co-head of its UK investment banking business, strengthening its senior leadership as the US bank expands...

Mergermarket Owner Cuts Jobs as Pressure Builds on Ion Group
BusinessEconomy

Mergermarket Owner Cuts Jobs as Pressure Builds on Ion Group

The owner of Mergermarket is cutting jobs as part of a wider cost-reduction drive, adding to pressure on Italian billionaire Andrea Pignataro’s financial...

Wall Street Trading Boom Shows Signs of Cooling After Record Quarter
BusinessEconomy

Wall Street Trading Boom Shows Signs of Cooling After Record Quarter

Wall Street’s record trading run is showing signs of losing momentum, with major US banks warning that the exceptional revenue growth recorded in...