Investment banking

For the latest news and analysis on the banking industry including M&A league tables

Investment bank fees hit four-year low

Volatile markets and weak economic outlook blamed

Interactive graphic

investment banking, league table
An interactive guide to this quarter’s global mergers and acquisitions activity and the deals and dealmakers involved

‘The Most Dangerous Trade’

Book with distinct whiff of a thriller shows how tough it can be to make money in the short-selling game

Deutsche Bank scales back in Russia

Closure marks first big move by new chief executive John Cryan

Wall St
©Christopher Anderson/Magnum

Investment banking: Leaving Wall Street

A wave of veteran bankers quit the big banks to start ‘boutique’ firms. Can they outlast the M&A boom?

Boom, bust and broken trust mark finance

Managers of other people’s money lack ‘anxious vigilance’ that they might apply to their own cash

Special Reports

illustration of a private bank by Øivind Hovland ©Øivind Hovland

Switzerland, strategies, competition, crisis fallout, technology, emerging markets, recruitment, consolidation

illustration by Nick Lowndes ©Nick Lowndes

Insight into M&A in the technology, media and tele-communications sector

New rules risk making banks too safe

Tough regulations could hit lenders’ profits, spark lay-offs and negatively affect Europe’s economy

Taubman boutique jumps straight to IPO

PJT Partners to combine with Blackstone’s advisory businesses

Investment banks outshine parent groups

Widespread belief that earnings prowess has been restored

©Bloomberg; Getty Images

Investment banking: Titans retreat

Post crisis, the biggest players turned to less risky activities, but those left still make good returns

NEW YORK, NY - AUGUST 10: Traders work on the floor of the New York Stock Exchange during the afternoon of August 10, 2015 in New York City. The Dow Jones surged over 230 points after five days of losses. (Photo by Andrew Burton/Getty Images) *** BESTPIX ***

Investing: Whatever the weather?

The risk parity strategy pioneered by Ray Dalio and driving a $400bn industry faces a stiff test if the Fed raises rates

US regional banks benefit in absentia

Investors attracted by their lack of involvement in league tables

US banks extend lead over European rivals

America’s five top groups share 33.5% of investment banking fees

PJT recruits Morgan Stanley veteran

Hire signals ambitions for bank founded by Paul Taubman

James Ferguson illustration
©James Ferguson

Barclays and UK say goodbye to big time

Shrink and swim strategy leaves the City without a global investment bank, writes Philip Augar

Barclays says it lacks scale of US rivals

Chairman aims to refocus on UK and US while pulling back in Asia

China’s top investment bank seeks HK IPO

CICC resumes march to listing that could raise up to $1bn

Symphony will displace dicey messaging

If I were a bank, I would want control of my own communications, writes Philip Delves Broughton

Barclays eyes acquisition to get licence

Bank needs extra licence to help hive off retail arm

With this terminal I thee wed: one US East Coast baker creates cakes for grooms hooked on 'the Bloomberg'

The addictive Bloomberg terminal

Inside the esoteric ecosystem that keeps finance hooked

Simon Robey (left) and Simon Warshaw

Robey Warshaw gains ground on big banks

Boutique advisory firm collects almost £24m in revenues

Karen Cook takes senior Goldman post

Star banker has built an enviable list of large-cap clients

Deutsche rejects claim Jain lobbied for traders’ €130m bonus

BaFin report takes comments out of context, says bank

Essential banks need sturdy ringfence

Complaints often come from people linked to the industry

UK to sell Green Investment Bank stake

Plans to be revealed by business secretary on Thursday

Barclays appoints JPMorgan as broker

End of 4-year relationship with Swiss bank

Deloitte hires BNP banker in advice push

Professional services firms try to diversify services

Wall Street pays tribute to Jimmy Lee

Bankers and chief executives gather at St Patrick’s Cathedral

Barclays investment bank faces board test

Underperforming division to face questions at strategy meeting

Global banks fret over UK ringfencing law

Need to separate retail business is harder for global operators

Jimmy Lee, investment banker, 1952-2015

Wall Street dealmaker was among the first to ‘capture the power of the buyout’

Bank executives abandon share sale taboo

Goldman Sachs and Wells Fargo top ranks of inside sellers

Bank watchdogs target high-profile cases

UK, US and Hong Kong authorities increase fines in 2014

Goldman Sachs pre-IPO fund raises $1bn

Fund taps private client enthusiasm for pre-flotation companies

Deutsche, stuck in middle of global finance

Jain and Fitschen personified the muddled sense of identity at the heart of the company

Stealth pays off at Wells investment arm

Household bank breaks new ground to become a top 10 fee-earner

An impression of the London city skyline containing thr new scalpel-shaped skyskraper that WR Berkley are planning to build.

Wall St banks top London bonus league

European lenders increasingly cede market share to US rivals

Reaching for a better solution: smart beta aims to out-perform the index

Smart beta risks becoming crowded

Benefit of active tilt to passive investing will be lost as more investors join in

Deutsche bucks trend to little advantage

It remains a full-service European investment bank in an unfriendly climate

Regulator outlines scope of banking probe

FCA focus on choice and transparency in capital markets and M&A

Investment bank commodity revenues are dwindling

Revenues drop 28 per cent in Q1