Dealmaking
Coverage of Dealmaking in the Nexus archive.
- Wall Street's biggest banks posted record profits as trading and dealmaking surged
Wall Street's largest banks, including JPMorgan, Goldman Sachs, Bank of America, Citigroup, and Wells Fargo, reported record profits driven by increased trading and dealmaking, with earnings up 39% compared to the same period last year.
- JPMorgan Chase racks up biggest profit ever for a US bank as dealmaking sizzles across Wall Street
JPMorgan Chase achieved the largest profit ever recorded for a US bank amid a surge in Wall Street dealmaking. Bank of America reported a 9% increase in combined debit and credit card spending, reaching $266 billion.
- Goldman Sachs smashed profit expectations as dealmaking and equities trading hit records
Goldman Sachs exceeded profit expectations with record performance in equities trading and a significant rise in investment banking fees. The bank's equities unit earned $7.42 billion, marking its third consecutive all-time record, while investment banking fees increased by 55%.
- Crypto VC funding plunges to $659M in April, hits near two-year low
Crypto VC funding dropped to $659 million in April, marking the lowest monthly total since July 2024. The decline reflects slowed dealmaking activity in the crypto sector.
- Goldman’s Varadhan Signals Dealmaking Amid Volatility
Goldman Sachs' Rajeev Varadhan has indicated increased dealmaking activity despite market volatility, signaling confidence in the firm's strategic initiatives.
- Will the EU’s new merger rules unleash a wave of dealmaking?
The EU's new merger rules are expected to impact dealmaking, but the article suggests skepticism about significant activity. The phrase 'Don’t hold your breath' indicates doubt about immediate results.
- CaixaBank's CFO Sees Case for Dealmaking Among Europe's Banks
CaixaBank's Chief Financial Officer has expressed support for consolidation and dealmaking activity among European banks. The statement suggests potential merger and acquisition opportunities within the European banking sector as a strategic path forward for financial institutions.