For the investment banking industry, 2024 was a time of tempered optimism, guarded anticipation, and robust revival.

Analysts have set 12-month price targets for Bank of New York Mellon, revealing an average target of $93.06, a high estimate ...

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems.

Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the situation who declined to be identified discussing personnel ...

Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told Reuters on Tuesday.

Norges Bank acquired a new stake in Amedisys, Inc. (NASDAQ:AMED – Free Report) in the fourth quarter, according to the ...

Norges Bank purchased a new stake in Darden Restaurants, Inc. (NYSE:DRI – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm ...

If deals do not recover in the coming months, other major banks and boutiques will be forced to reevaluate their workforces, ...

Bank of America will offer most of the junior bankers, who include associates and analysts, roles outside of investment banking. REUTERS The second-largest US lender will offer most of the junior ...

The second-largest U.S. lender will offer the vast majority of junior bankers, which include associates and analysts, other roles outside of investment banking, the second source told Reuters.