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Wall Street Banks

Elon Musk's political ascendancy stirs hopes of redemption for X banks

Banks typically sell such loans to investors soon after the deal is done, but in the case of X, which Musk bought for $44 billion in 2022, they have been stuck holding the debt

Updated On: 16 Nov 2024 | 11:15 AM IST

HDFC Bank, JPMorgan Chase: Top 25 global banks' m-cap hits $4.11 trn in Q1

The combined market-capitalisation (market-cap) of the top 25 banks globally rose 5.4 per cent quarter-on-quarter (QoQ) in the April - June 2024 period (Q1-FY25)

Updated On: 12 Jul 2024 | 2:38 PM IST

Citi India sees $22 billion in equity capital deals in 2023, says CEO

"Given the interest in India as a market, at some point people will look at both organic and inorganic way to come into the market," Khullar said

Updated On: 05 Oct 2023 | 7:55 PM IST

Musk-Twitter deal revives $12.5 billion headache for Wall Street banks

Musk's proposal to proceed with Twitter acquisition for the original offer price poses a headache at the worst possible time for Wall Street banks already struggling to offload billions in buyout debt

Updated On: 05 Oct 2022 | 7:46 AM IST

Diversity improves but it's still a man's world at top of Europe's banks

25 biggest banks by assets have seen 22 changes in chief executive and chair over the past two years: Twenty-one of those 22 jobs went to men.

Updated On: 08 Mar 2022 | 1:17 PM IST

JPMorgan entices CEO Jamie Dimon to stick around with surprise stock award

At 65, Dimon is the only sitting bank CEO who led a major firm through the financial crisis

Updated On: 21 Jul 2021 | 6:57 AM IST

Wall Street banks hike shareholder payouts after Fed gives the green light

Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs and Wells Fargo said they were hiking their capital payouts after the US Federal Reserve gave them a clean bill of health

Updated On: 29 Jun 2021 | 6:37 AM IST

Wall Street bank CEOs to tout US Covid relief push before Congress

Wall Street bank chiefs will tout the role their institutions have played in getting the pandemic-hit US economy back on track when they appear before Congress this week

Updated On: 26 May 2021 | 7:09 AM IST

Frankfurt lays claim to Wall Street banks after Brexit

5 US investment banks are set to move hundreds of key staff within 2 years from London to Frankfurt

Updated On: 05 May 2017 | 9:20 PM IST

Frankfurt or Bust? Wall Street bankers in London ponder life post Brexit

As London is on a shaky ground, the region's preeminent financial hub

Updated On: 25 Jun 2016 | 10:45 AM IST