The Death of Trading: Why More Big Banks Think the Business of Trading Stocks Is a Losing Bet"You put people at desks and hope they make money," says one analyst of the speculative nature of the business. "All of the second-tier [trading] players are getting culled."
Slack Is Going Public Without an IPO. Here's How a Direct Offering WorksDirect offerings feature less trading volatility than IPOs.
Record Earnings, Good Economy—So Why Are the Big Banks Cutting Back?Cost structures and non-bank competition are at least partially to blame. But it's complicated.
Indonesia Penalizes J.P. Morgan for Rating Its Bonds ‘Underweight’"No need to use J.P. Morgan's services as a primary (bond) dealer," said a finance official.
Why Goldman Sachs Is Missing Out on This Year’s Biggest DealRival Morgan Stanley is now No. 1 in the U.S. merger advisory rankings.
Goldman Sachs Says Brexit Could Force a Restructure in Some OperationsIt may not be the only one.
These Are the Two Big Winners From the Microsoft LinkedIn DealThey provided some very valuable advice.
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