Financial Updates – Page 73 – Financial Updates

Citigroup Sees Gradual Q3 Revenue Uptick, Strong Investment Banking Rebound Expected Q4

Citigroup CFO Mark Mason expects Q3 2025 inve...

Full-year revenue and expenses are likely to ...

For Q4 2025, Citi projects investment banking...

Citi continues its turnaround under CEO Jane ...

Bank of America Overhauls Investment Banking Leadership: Who’s Moving & Why It Matters

Americas Firms Banking

Bank of America promoted Faiz Ahmad and Mike ...

All global investment banking group heads now...

The shake-up comes as Bank of America’s inves...

Additional leadership changes in technology, ...

JPMorgan Appoints Kevin Brunner Global Chair of Investment Banking & M&A

Americas Firms Banking

JPMorgan Chase has hired longtime Bank of Ame...

Brunner brings 25 years of BofA experience an...

The hire is part of JPMorgan’s push to streng...

Brunner will report to global banking co-head...

JPMorgan Q3 2025: Investment Banking Up ~17%, Markets Revenue Jumps ~25%

Americas Forecast Banking

JPMorgan guided to low-double-digit Q3 2025 i...

Actual Q3 results beat that guidance, with IB...

Growth was driven by a 53% surge in debt unde...

Key considerations ahead include rising compe...

How AI Is Transforming Investment Banking: 27-35% Productivity Boost & Workforce Shift

Global Technology & Innovation Banking

Generative AI is rapidly automating repetitiv...

Studies estimate roughly one-third of investm...

Banks are reshaping their talent mix by cutti...

Despite the automation potential, client rela...

Bank of America’s Investment Banking Fees Surge ~43% in 3Q 2025 Amid Strong M&A & Interest Income

Americas Forecast Banking

Bank of America projected its third-quarter 2...

Actual 3Q investment banking fees jumped abou...

Outperformance was driven by a rebound in glo...

Key questions focus on whether this fee momen...

Wesco Names Two Independent Directors to Reinforce Governance, M&A and Capital Strategy

Americas Firms Banking

Wesco International will add Michael L. Carte...

They will succeed retiring directors Bobby Gr...

Carter brings deep capital markets, M&A, and ...

Wajsgras contributes CEO, CFO, and global ind...

Fed’s Easing Shift Boosts Investment Banks: Morgan Stanley, Evercore & Moelis Primed

Americas Markets Banking

The Fed’s shift from tightening to potential ...

Morgan Stanley, Evercore, and Moelis are high...

Large universal banks like JPMorgan, Citigrou...

Key risks include margin pressure from lower ...

Inside the Global Insider-Trading Ring: How M&A Leaks Fueled Multi-Million Dollar Scams

Global Context/FYI Banking

U.S. prosecutors charged ex-Merrill Lynch ban...

The eight-man network is accused of generatin...

Members allegedly used burner phones, encrypt...

Of the defendants, only Eamma Safi (in U.S. c...

Citigroup Names Dual Leaders for Nordic Investment Banking: Åkermark & Dichow

Europe Firms Banking

Citigroup has hired Barclays’ Tobias Åkermark...

Åkermark, based in Stockholm, and Dichow, bas...

These hires are part of Citi’s broader Europe...

The move intensifies competition in a Nordic ...