Markets watch for escalation in Middle East tensions
Irish stock exchange has quiet day with food groups retreating
Morgan Stanley
Energia quarterly earnings rise 28% as US owner advances sale plan
US investment firm I Squared Capital hired investment bankers to prepare the company for sale
Out of a job but not ready for the golf course: how about joining a board?
More departing CEOs and CFOs are opting for a smorgasbord of director, consulting and mentoring roles
Investors await decisions from key central banks and earnings reports from big tech companies
Irish market ends the day down, with Dalata and Glanbia the big fallers
European shares nudge lower on Friday but hang onto weekly gain
Carlsberg Group dropped 9.3% after Britvic rejected a revised, unsolicited €3.7 billion takeover bid from the brewer
Threat of far-right election success in France spooks investors
Sell-off in French stocks as snap election raises prospect of a far-right government in the EU’s second-biggest economy
Global markets subdued in short trading week as investors await US inflation data
In Ireland, the ISEQ All Share Index had a weaker performance than its European counterparts
Hypocrisy is everywhere with crypto and the banks
Capital flows from institutional investors are driving up the price of tokens such as bitcoin
Are things going backwards for women on Wall Street?
Those with the chops to make it to senior management in banking may not want to sit around and wait their turn
The menace of the overblown job title
Terrible epithets confuse and infuriate, but that has done nothing to stem the tide
HSBC profits plummet 80% after charge on Chinese bank stake
Shares slide as lender takes several charges in ‘messy’ final quarter of 2023
Bad property debt exceeds reserves at largest US banks
Loan loss provisions have thinned even as regulators highlight risks in commercial real estate market
Goldman Sachs hikes CEO David Solomon’s pay 24% despite weaker profits
Remuneration of $31m comes after boss pared back bank’s lossmaking push into retail banking
Morgan Stanley says the time for investors to make ‘easy money’ is gone – is it right?
Stocktake: In reality, there’s no such thing as easy money – it only seems that way after the event
European shares flat after rate cut hopes are dashed by US jobs data
Airlines and tech stocks advance in final trading session of the week
Some 60,000 jobs shed by world’s biggest banks in one of worst years for cuts since financial crisis
Collectively, the big Wall Street banks cut at least 30,000 staff in 2023 with more cuts expected next year
JPMorgan CEO Jamie Dimon to sell stock for first time
Chief executive intends to dispose of 1m shares through equity trading plans next year
Ctrl Alt raises €2.5m in funding round
Ctrl Alt was founded in 2020 by Mr Ong, who previously worked with Morgan Stanley and Credit Suisse
Goldman Sachs profits drop 36% after pullback from retail banking
Lender suffers eighth straight quarter of falling earnings but records first rise in investment banking revenue for 2 years
Special delivery: How shifting fortunes brought US boxmaker WestRock to Smurfit Kappa
WestRock, the US’s second-largest paper packaging group, once harboured ambitions of snapping up Smurfit Kappa, but has now become a willing target of Ireland’s first multinational
Birkenstock files to list shares on New York Stock Exchange
IPO could value German sandal-maker at more than $8bn
AIB’s Bryce to be first female president of BPFI
AIB executive Cathy Bryce to head up banking lobby group
Ireland’s Colm Kelleher was always meant to become Europe’s most powerful banker
How Warrington-born Irishman came to oversee the most complicated bank merger in history
European central banks could speed up bond sales, economists claim
Vast bond portfolios bought via quantitative easing under scrutiny
Central Bank silent on Odey Asset Management turmoil
Company’s Dublin business has been authorised by the Central Bank since 2011
Ireland’s largest shopping centre to be put up for sale with €725m price tag
Wall Street investment giant appoints Eastdil Secured and CBRE to find buyer for 1.2 million square feet Dublin retail scheme
Shares fall as inflation fears resurface
FTSE 100 falls after another surprisingly strong UK inflation reading
Morgan Stanley profits drop almost a fifth in first quarter
Wall Street bank’s robust wealth business fails to offset trading slowdown
Options trading surges as investors brace for US regional bank volatility
Fresh turmoil expected when results reveal just how badly midsized lenders’ earnings have been hit
Calm returns to stock markets with S&P on the rise
Things may well get worse but for now, investors will be relieved March didn’t turn out nearly as bad as feared
Colm Kelleher: the Corkman leading €3bn takeover of Credit Suisse
UBS chairman holds a Master’s degree in modern history from Oxford University and spent 30 years at Morgan Stanley
Will high yields hurt demands for stocks?
The S&P 500′s dividend yield is just 1.7%, compared with more than 5% for ‘almost risk-free’ six-month treasury bills
Who to fire? How the biggest companies plan mass layoffs
Employers such as Goldman Sachs, Meta and Ford need to avoid lasting damage to morale as they axe jobs
Don’t wait too late to invest
Mountain of academic evidence confirms market timing is a tricky business
No need to panic over stocks ‘death zone’ warning
Analysts’ dramatic language confuses prediction of earnings recession because of over-earning enjoyed during Covid
Investors shrug off lacklustre earnings
Forward earnings growth has turned negative which has happened four times since 2000, with stocks seeing significant downside each time
Morgan Stanley hits bankers with $1m penalties for messaging breaches
Firm fired two staff for messaging breaches in 2020
JPMorgan rules out more special pay awards for CEO Jamie Dimon
Longest-serving boss of Wall Street bank earned $34.5mn for 2022
Goldman Sachs’ profits plunge two-thirds in fourth quarter
Morgan Stanley profits sink 40% on investment banking slowdown
‘It’s important for young women to see senior women in positions of power’
Wild Geese, Martina Slowey, London
JPMorgan bankers try to lure away Morgan Stanley’s tax fund clients
Banks both offer tax-loss harvesting, which has boomed in popularity on Wall Street this year
Wall Street predicts a rough ride for stocks in 2023
Variability in forecasts between banks and even between best/worst scenarios within banks is wider than usual, underlining uncertainty
Global stocks edge lower after US bank chiefs sound alarm bells
The Iseq index of Irish shares again closed marginally lower on Tuesday
Wall Street banks’ profits slide as weaker economy looms
Four of the biggest banks reported earnings on Friday
US banks to set aside $4bn for potential losses from bad loans
Wall Street will signal its concerns about the US economy in Q3 earnings next week
Twitter accepts Elon Musk’s $44bn takeover offer
Twitter shareholders will receive $54.20 in cash for each share
Elon Musk unveils €42bn financing package to fund Twitter bid
Tesla chief lines up $25.5bn in debt from group of banks led by Morgan Stanley
Elon Musk fuels further speculation about Twitter bid
Tesla founder working to secure the necesssary financing for takeover of social media group
Mixed bag for US banks as conflict disrupts sector
Banks stockpiling cash to cushion potential loan losses amid Ukraine war worries
Stocktake: High-priced stocks may have some way to fall
Firms such as Robinhood, Beyond Meat and Zillow have lost over 70% of value
Joe Brennan: NatWest and Irish taxpayers will be joined at the hip in PTSB
Irish lender needs €400m of fresh capital to support its purchase of Ulster Bank loans
Stocktake: analysts expecting little market growth next year
After spectacular growth in 2021, many experts are braced for a significant fall
PTSB agrees sale of €390m of mainly non-performing mortgages to Morgan Stanley
Wall Street giant to refinance loan book
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