SBI Funds pays razor-thin banker fees on top India IPO of 2026Investment banks managing SBI Funds Management's IPO will receive minimal fees. These managers will split fees of ₹46.25 million, a fractio...
Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources sayCoca-Cola has appointed JPMorgan and Citi for its planned 2027 initial public offering. This significant move involves its majority-owned I...
Wall Street banks are having their best trading year since 2009. Does that mean a crash is coming?Wall Street banks are on track for record trading revenue, driven by AI investing, dealmaking and active markets rather than crisis conditi...
Investors are watching Jio but Mukesh Ambani-led RIL’s Q1 surprise may come from refiningReliance Industries' upcoming first-quarter earnings may depend on refining gains. Jio's steady expansion is expected to provide a stable g...
JPMorgan says 100+ MNCs are exploring GIFT City operationsGIFT City is drawing strong interest from multinational companies, with JPMorgan saying more than 100 firms are exploring banking and payme...
PayPal board sees Stripe-Advent's $53 billion bid as undervaluing company, sources sayPayPal's board considers a $53 billion takeover bid from Stripe and Advent International as undervalued. The company has not formally respo...
Saudi Arabia-backed developer seeks World Cup stadium investors, sources saySaudi Arabia's ROSHN Group is seeking investors for its Aramco Stadium venue. JPMorgan is managing the fundraising process for this signifi...
US Stock Market: Healthy loan growth and stable credit trends boost outlook for US bank stocksMajor Wall Street banks say the U.S. consumer remains resilient, with strong spending, rising loan balances and stable credit quality backe...
UK's Andy Burnham takes small-town regeneration to the national stage as PMAndy Burnham plans to revitalize UK town centers with public and private investment. He aims to pump-prime housing and transport to attract...
JPMorgan CEO Jamie Dimon says Anthropic's Mythos AI risks are a 'real issue'Dimon, speaking at Senator Dave McCormick's Pennsylvania Defense and Innovation Summit, added that access to advanced AI capabilities mus...
JP Morgan moving closer to a milestone no bank has ever reached: A $1 trillion market valueJPMorgan is approaching a $1 trillion market valuation after record profits and a strong share rally. Robust investment banking, diversifie...
Dimon-led JPMorgan poised to become world's first $1 trillion bankJPMorgan Chase is approaching a monumental valuation of $1 trillion, marking a pivotal achievement for the financial institution. Its remar...
US Stock Market: Citigroup shares slide after upbeat results fail to ease worries over higher costsCitigroup reported strong second-quarter earnings, driven by trading and investment banking revenues. The bank's net income jumped 45%, sur...
US stocks today: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earningsU.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. N...
Wall Street banks see AI 'super cycle' set to boost deals, financingInvestment banks have reaped strong fees from AI-related deals, including SK Hynix's $26.5 billion ADR offering and SpaceX's record $86 bil...
Data center firm Switch taps banks for IPO that could value it up to $80 billionData center operator Switch is preparing for a significant initial public offering. This offering could potentially raise up to ten billion...
JPMorgan posts record profit on big gains from dealmaking, stock tradingIn a remarkable feat, JPMorgan Chase announced its record profits for the second quarter, driven by impressive growth in investment banking...