Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’
Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion ...
JPMorgan orders staff to return to office 5 days a week: ‘Best way to run the company’
JPMorgan Chase asked its employees who are on hybrid work schedules to return to the office five days a week starting in ...
Morgan Stanley Boosts Senior Asia Banker Bonuses by Up to 40%
Morgan Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40% this year after a jump in ...
Listen: Banks Are Feeling Optimistic, Though CEOs Still Have Concerns
The country’s biggest banks ended the year with big profits. Worries remain. JPMorgan Chase, Goldman Sachs, Morgan Stanley and others all reported strong results in their latest quarters, with many ...
Morgan Stanley shares pop as dealmaking drives record revenue under first-year CEO
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
JPMorgan price target raised to $273 from $265 at Morgan Stanley
Morgan Stanley raised the firm’s price target on JPMorgan (JPM) to $273 from $265 and keeps an Equal Weight rating on the shares. Q4 EPS beat ...
JPMorgan Faces Staff Backlash After Return-to-Office Mandate
The financial giant has disgruntled workforce and has a potential unionization on its hands as it forces staff into the ...
Bank of America and Morgan Stanley cement a Wall Street revival
Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street ...
From Citadel to JPMorgan, how Wall Street does RTO
See which banks, hedge funds, and private equity firms have called staff back five days a week and which allow some work from ...
Morgan Stanley boosts senior Asia banker bonuses up 40%
Morgan Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40% this year after a jump in ...