Finance Updates – Page 101

Bank of America Splits TMT Leadership: Co-Heads Rise in Tech & Media/Telecom

Bank of America has restructured its TMT inve...

Matthew Sharnoff and Johnny Williams will co-...

The changes follow the departure of former gl...

This leadership shift aligns with BofA’s broa...

How NBFIs Will Capture Billions in CIB: AI, Regulation & Strategy to 2030

Global Forecast Credit Intermediation and Related Activities

By 2030, non-bank financial institutions are ...

BCG projects the total CIB revenue pool, incl...

AI is forecast to deliver 25–40% productivity...

Banks must respond by digitizing core busines...

Boston Celtics $6.1B Sale Signals Shift in NBA Ownership & Valuation Trends

Americas M&A Credit Intermediation and Related Activities

The Boston Celtics were sold by Boston Basket...

J.P. Morgan advised the sellers and coordinat...

The deal features Chisholm as controlling own...

This transaction resets U.S. sports franchise...

Santander Launches 300+ Global Intern & Graduate Roles to Build I-Banking Talent

Europe Firms Credit Intermediation and Related Activities

Santander, in partnership with Universia, is ...

The initiative includes an eight-week Summer ...

Participants will work on real transactions i...

This expansion aligns with Santander’s broade...

BoA Q3 2025 Earnings: Strong Profit, Raised NII Guidance & Boom in Deal Activity

Americas Markets Credit Intermediation and Related Activities

Bank of America posted Q3 2025 net income of ...

Net interest income rose 9% to US$15.2 billio...

Investment banking fees jumped 43% to about U...

Lower credit loss provisions and operating le...

Morgan Stanley Q3 2025 Earnings Surge: Deal-Making, Trading & Wealth Management Power Growth

Americas Markets Credit Intermediation and Related Activities

Morgan Stanley posted a strong Q3 2025 beat, ...

Investment banking fees jumped roughly 44% on...

Equities trading and wealth management delive...

Management cited an “all-time high” investmen...

JPMorgan Taps Kevin Brunner to Lead Global M&A Amid Rising Tech Deal Flow

Americas Firms Credit Intermediation and Related Activities

JPMorgan Chase has hired 25-year Bank of Amer...

Brunner, who will split time between New York...

The move is part of JPMorgan’s broader push t...

Brunner’s appointment bolsters JPMorgan’s tec...

Why AI Still Isn’t Ready for Full Autonomy in Investment Banking

Global Technology & Innovation Credit Intermediation and Related Activities

AI models struggle in investment banking beca...

Models frequently hallucinate and compound er...

Most enterprise and financial AI pilots fail ...

Effective use of AI in banking requires domai...

FY 2025-26 BFSI GCCs in India: Investment Banking Tech & Data Roles Lead in Pay

Asia Firms Credit Intermediation and Related Activities

A Careernet study finds investment banking GC...

Data scientists and full-stack developers in ...

Insurance GCCs start with lower pay but show ...

Premium pay is driven by high digital maturit...

From Investment Banking to Big Tech: Balancing Lifestyle, Community & Career Growth

Americas Context/FYI Credit Intermediation and Related Activities

A 24-year-old former investment banking analy...

Banking demanded 80–100 hour weeks, constant ...

The downside of Big Tech is weaker built-in c...

The story highlights a broader shift: young p...