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The Swiss bank posted the biggest quarterly profit on record thanks to an accounting gain related to its acquisition of Credit Suisse, but weak performance at its former rival hints at a long road back to growth
Imminent half year results will reveal whether the new Swiss bank is a hastily patched monster or a new financial powerhouse
Banks are determined to stick to their growth plans as they see cause for optimism in investment banking thanks to increasing confidence and a growing pipeline of deals
Wall Street is urging the Fed to be cautious despite the regulator hinting higher capital requirements are coming
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While numbers were unflattering across the board, it is unclear if others will follow Goldman’s aggressive redundancy push -
Tight strategies amid high volatility appear to be working, with the exception of Credit Suisse which reported losses
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The pair performed well in parts of their second quarter results, with better than expected performance in equity and debt underwriting
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Debt underwriting was down at almost all of the US banks that have reported Q1 results
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Demand for capital markets services has declined compared to last year
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Venkat starts term in top job with solid investment banking results to present
