investment banking

Deutsche Bank, UBS post record profits but trail Wall Street

Deutsche Bank and UBS reported better-than-expected second-quarter profits on Tuesday, extending a rally that has lifted the STOXX Europe 600 Banks index to its highest level since 2007. Yet even as European lenders delivered strong results, their trading desks remained…

Deutsche Bank posts record Q2 profit as investment banking surges

Deutsche Bank reported its highest-ever second-quarter profit on Wednesday, with net income climbing 10% year on year to €1.9 billion, powered by record revenues in its investment banking division that defied analyst expectations of a decline.

JPMorgan, Goldman to earn $100M on SoftBank’s record loan

SoftBank Group's record $40 billion bridge loan to finance its investment in OpenAI is generating more than $100 million in fees for underwriters including JPMorgan Chase and Goldman Sachs The Goldman Sachs Group, Inc., according to Bloomberg, which first reported…

Goldman Sachs launches euro bond sale after $10B raise

Goldman Sachs The Goldman Sachs Group, Inc. moved swiftly to capitalize on investor enthusiasm following a blowout second quarter, raising $10 billion in a U.S. dollar-denominated bond sale on Tuesday before launching a three-part euro bond offering on Wednesday. The…

Morgan Stanley forecasts record $6.4T in global M&A for 2026

Morgan Stanley expects global mergers and acquisitions activity to reach a record $6.4 trillion in 2026, surpassing the levels seen during the pandemic-era deal boom of 2021, the bank said in a note on Thursday. The forecast comes as buoyant…

Wall Street banks shut out of $5.8B Chinese AI deals in Hong Kong

Wall Street's largest investment banks were largely sidelined as Chinese artificial intelligence companies raised $5.8 billion through share sales in Hong Kong this week, underscoring the growing dominance of Chinese financial institutions in the city's capital markets.

Goldman Sachs hits highest EMEA M&A market share since 2018

Goldman Sachs The Goldman Sachs Group, Inc. captured 44% of mergers and acquisitions advisory work by deal value in Europe, the Middle East, and Africa during the first half of 2026, its largest share for the January-June period since 2018,…

Gulf M&A nearly triples to $300B as banks rush to hire

The value of deals involving Gulf entities rose almost 200% in the first half of 2026 to approximately $300 billion, as sovereign wealth funds poured capital into artificial intelligence companies, prompting Wall Street banks to rapidly expand their Middle East…

Goldman Sachs equities unit nears third straight record quarter

Goldman Sachs The Goldman Sachs Group, Inc. equities traders are on pace to generate more than $5 billion in revenue for the second quarter of 2026, with executives at the bank predicting the unit could surpass the $5.3 billion record…