Finance Updates – Page 48 – Finance Updates

JPMorgan to Acquire Apple Card Portfolio from Goldman Sachs in $20B Deal

JPMorgan Chase agreed to take over Apple Card...

Apple Card terms and features are expected to...

Goldman’s exit caps its loss-making consumer ...

JPMorgan is reserving $2.2B for expected cred...

Morgan Stanley Elevates 184 to Managing Director in 2026 with Surge in Institutional Securities

Americas Firms Securities and Commodity Contracts Intermediation and Brokerage

Morgan Stanley promoted 184 employees to mana...

About 70% of the new MDs are in revenue-gener...

The class is concentrated in the Americas (67...

The larger MD slate follows strong 2025 deal ...

TSMC Surges on AI Demand; U.S. Banks Rise Amid Costs; UK Builders Battle Macro Risks

Global Markets Semiconductor and Other Electronic Component Manufacturing

TSMC beat Q4 expectations as AI-driven demand...

JPMorgan and peers head into earnings with su...

UK housebuilders show a split outlook: Persim...

Key risks to watch include U.S.–China geopoli...

First Student IPO on Horizon: EQT Weighs Electrification, Scale & Regulatory Risks

Americas Markets Transit and Ground Passenger Transportation

EQT is weighing a U.S. IPO for First Student ...

EQT bought the North American school-bus lead...

Growth initiatives center on safety and routi...

IPO prospects hinge on market conditions, pub...

Private Equity vs. Investment Banking: Talent War, Pay Trends & Recruiting Challenges

Global FYI Finance and Insurance

Private equity restarted aggressive on-cycle ...

JPMorgan and Goldman are pushing back with st...

Bank pay rose in 2025 and narrows the gap, bu...

The fight centers on who captures the value o...

Massive Mega-Deals Drive U.S. M&A Surge as Deal Count Slips

Americas M&A Rail Transportation

July 2025 U.S. M&A deal count fell 3.6% to 1,...

Only 4 of 21 sectors showed year-over-year ga...

Union Pacific’s proposed $85B acquisition of ...

With August already showing a pullback from J...

China’s xFusion Preps IPO as State-Backed AI Server Champ with $5.7B 2024 Sales

Asia Markets Computer and Peripheral Equipment Manufacturing

Huawei spin-off xFusion hired Citic Securitie...

The Henan-based AI server maker posted 2024 r...

Valued near $9 billion in 2023, xFusion is ba...

The move taps a hot China AI listing cycle dr...

Rodman & Renshaw’s 75th Year: Energy Expansion, PIPE Deals & Margin Challenges Ahead

Americas Firms Securities and Commodity Contracts Intermediation and Brokerage

Rodman & Renshaw is using its 75th-anniversar...

It is broadening sector reach via the ~$10.1M...

Recent activity includes serving as ATM sales...

The firm is emphasizing scaled client-facing ...

Evercore’s £146 M Robey Warshaw Deal & Major Hires Cement European Advisory Power

Europe Firms Securities and Commodity Contracts Intermediation and Brokerage

Evercore is rapidly expanding in Europe throu...

The Robey Warshaw deal adds elite UK advisory...

Evercore has recruited Rothschild European co...

The moves intensify competition among Europea...

Top Investment Banks Set to Dominate 2026 Revenue While Equities Growth Softens

Global FYI Finance and Insurance

Morgan Stanley analysts project JPMorgan, Gol...

By division, JPMorgan leads IBD and FICC, whi...

Revenue growth is expected to be led by equit...

The outlook highlights scale advantages for U...