Finance Updates – Page 132

HSBC Secures Regional HQ Licence for Capital Markets & Advisory in Saudi Arabia

Asia Firms Credit Intermediation and Related Activities

HSBC has received a Saudi Ministry of Investm...

The RHQ consolidates regional decision-making...

Led by Faris AlGhannam and backed by recent M...

The licence underpins HSBC’s pivot toward hig...

Citi Sees 25% Surge in Q4 2025 Investment Banking Fees Amid Leadership Transition

Americas Forecast Credit Intermediation and Related Activities

Citi CFO Mark Mason expects Q4 investment ban...

He forecasts Q4 markets revenue will fall in ...

Citi sees U.S. consumer spending as resilient...

Mason will step down as CFO in March 2026, to...

Evercore Secures Saudi Arranging License, Opens Riyadh Office Under Mohammed Aldekmary

Asia Firms Credit Intermediation and Related Activities

Evercore has received an Arranging License fr...

The Riyadh office will be led by Mohammed Ald...

This expansion deepens Evercore’s on-the-grou...

Evercore’s move aligns with Vision 2030 and a...

Evercore Secures Arranging License & Riyadh Office Amid Saudi’s Vision 2030 Capital Markets Push

Asia Firms Credit Intermediation and Related Activities

Evercore has received an Arranging License fr...

The firm’s Saudi operations will be led by Mo...

CMA reforms in 2025 expanded the Arranging Li...

Evercore’s move intensifies competition among...

KeyCorp Sides With HoldCo: Chooses Share Buybacks Over M&A But Leaves Governance in Question

Americas Firms Credit Intermediation and Related Activities

Activist investor HoldCo Asset Management is ...

CEO Chris Gorman has embraced a moratorium on...

HoldCo is also demanding Gorman’s removal and...

Management now targets a long-term RoTCE of 1...

KeyCorp Embraces Buybacks Amid HoldCo Pressure While Resisting Board Shake-Up

Americas Firms Credit Intermediation and Related Activities

KeyCorp CEO Chris Gorman says the bank is lar...

HoldCo, which owns about 0.7% of KeyCorp, con...

KeyCorp plans to return more capital to share...

The standoff raises the risk of a proxy fight...

JPMorgan Q4 2025: Slight IB Fee Growth, Stronger Markets Upside amid Rising Costs

Americas Forecast Credit Intermediation and Related Activities

JPMorgan expects only low-single-digit year-o...

Markets and trading revenue is projected to g...

Management forecasts about $105 billion of 20...

The bank remains highly profitable with ROE a...

HSBC Shifts Investment Banking Focus from West to Gulf & Asia Amid $1.5B Redeployment

Asia M&A Credit Intermediation and Related Activities

HSBC is winding down its M&A and equity capit...

The bank is shifting investment banking resou...

Through 11 non-core exits, HSBC aims to free ...

This pivot targets Gulf economic transformati...

How AI Is Fueling JPMorgan’s Push to Double High-Net-Worth Clients in the Carolinas

Americas Firms Credit Intermediation and Related Activities

J.P. Morgan Private Bank plans to roughly dou...

AI tools like “Coach AI” and the firmwide LLM...

The Carolinas are viewed as a high-growth tes...

Success depends on managing AI-related regula...

ABGSC’s Acquisition of FIH Partners: Strategic Gains and Key Risk Factors

Europe M&A Credit Intermediation and Related Activities

ABG Sundal Collier is acquiring Danish adviso...

The deal involves DKK 50 million upfront in c...

The strengthened Danish platform, co-headed b...

ABGSC expects the acquisition to enhance its ...