Key Takeaways Citigroup CFO Mark Mason forecasts that investment banking fees will rise by **mid-20% year-over-year** in the fourth quarter (Q4) of 2025, driven largely by momentum in mergers and acquisitions (M&A). In contrast, Citigroup expects markets revenue for the same period to decline by **low-to-mid single digits** year-over-year. The bank’s global economic outlook remains …
Executive Summary JPMorgan Chase projects that its investment banking revenue will increase by a low-single-digit percentage in the fourth quarter of 2025, with markets revenue rising in the low-teens, citing improved dealmaking conditions and higher trading activity. However, the bank also expects expenses in 2026 to surge to about $105 billion—well above Wall Street’s forecasts. …
JPMorgan Revenue Momentum Hits Headwinds: Fees Up Slightly, Costs Surge to $105B Read More »
Executive Summary Citigroup CFO Mark Mason expects investment banking fees in Q4 2025 to increase by approximately 25% year-over-year, driven by strong M&A activity; market revenues are projected to decline modestly compared to the same period. Meanwhile, the bank is underway with major transformation efforts, with around two-thirds of its cost-cutting and operational streamlining initiatives …
Citigroup Sees 25% Surge in Q4 Investment Banking Fees Amid Soft Market Revenues Read More »
Executive Summary On December 5, 2025, the Securities and Exchange Commission (SEC) agreed to terminate—or significantly modify—the remaining undertakings under the Global Research Analyst Settlement, long ago entered into in the early 2000s, which imposed strict firewalls and prescriptive rules for research‐banking separation. The change recognizes that many of those obligations have been superseded by …
SEC Moves to End Key Sections of Global Research Analyst Settlement via FINRA Rule 2241 Read More »
Executive Summary Regulators have rescinded longstanding limits on “leveraged lending”—bank loans made to highly indebted companies—by withdrawing the interagency guidance from 2013 on such transactions. Additionally, bank capital rules are being loosened: the enhanced supplementary leverage ratio (eSLR) will be relaxed for large banks and their depository subsidiaries beginning April 1, 2026, and the community …
Regulators Roll Back Bank Capital & Leverage Rules—What That Means for Lending Risk Read More »
Executive Summary Foss Hill Financial is a student-led investment banking club at Wesleyan University founded in 2023 to guide students through the early and networking-heavy recruitment process for finance roles. It operates through a mentorship cohort structure, yields growing internship placement results, and is increasingly conscious of gender equity issues within its cohorts. Strategic challenges …
How Foss Hill Financial Builds an Inclusive Investment Banking Pipeline at Wesleyan Read More »
