Investment bank Cavendish to open Manchester office after signing Gary Neville deal Banking Investment bank Cavendish, which was formed through the £43m merger of Cenkos and Finncap last September, has revealed plans to expand into Manchester for the first time. The City of London investment bank has appointed Oliver Tebbutt as partner to lead the office. Tebbutt was previously a partner at Deloitte’s corporate finance team in Manchester. Cavendish will [...]
Cavendish says IPOs on the way as City investment bank returns to profit Banking Cavendish has reported a jump in dealmaking fees and said more IPOs could be on the way as the City investment bank returned to profitability.
Wall Street lenders beat earnings estimates as investment banks rebound Banking Morgan Stanley, Goldman Sachs, Bank of America and Citigroup all surpassed analysts' estimates for their third-quarter earnings, helped by renewed strength in their investment banks.
Peel Hunt warns of market slowdown ahead of UK Budget and US election October 1, 2024 City investment bank Peel Hunt has flagged a slowdown in UK capital markets activity as investors nervously await the results of the Budget and US election.
‘The mood change is palpable’: UK firms feel Labour lift despite looming tax raid, says Peel Hunt September 3, 2024 The UK economy is “rebounding solidly” and the City of London is reaping the benefits of the Labour government’s ‘growth agenda’ despite fears of an looming round of swinging tax cuts, one of the Square Mile’s top investment banks has said.
JPMorgan overtakes Barclays in UK deal fee ranking in blow to investment bank July 3, 2024 JPMorgan has jumped ahead of Barclays to take the top spot in a UK deal fee league table in a blow to the British lender's investment banking ambitions.
WH Ireland to sell capital markets arm to investment bank Zeus June 3, 2024 Financial adviser WH Ireland has struck a deal to sell its capital markets division to London-based investment bank Zeus Capital for up to £5m amid increasing consolidation among British stockbrokers.
Goldman Sachs to scrap bonus cap for London-based staff May 2, 2024 "We are a global firm and to the extent possible we adopt a consistent global approach across everything we do," Gnodde said.
Goldman Sachs beats expectations as investment bank shows signs of recovery April 15, 2024 A nascent recovery in investment banking helped Goldman Sachs outperform expectations, with quarterly profit rising 28 per cent to over $4bn in the first quarter of the year.