All right. Let's take a look back at this day in history. Back in 2008, when Lehman Brothers, the fourth largest U.S. investment bank, became the biggest bankruptcy filing in history.The 158 year old firm, which had survived the railroad industry turmoil in the 1800s, the Great Depression in the 1930s, and the collapse of long term capital management in the nineties finally succumb to crisis itself. The subprime mortgage crisis that in effect helped to create is one of the biggest underwriters of the asset ...

Investors with an interest in Financial - Investment Bank stocks have likely encountered both Goldman Sachs (GS) and Morgan Stanley (MS) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision t ...

Mizuho’s efforts to buy a majority stake in Indian investment bank Avendus have hit a roadblock over disagreements on valuation https://t.co/k8OJLJooDR ...

Deutsche Bank’s next strategic update will continue to rely on growth in its investment bank, CEO Christian Sewing said https://t.co/rcUoWQ5TB7 ...

EFG Hermes’ head of equity capital markets is leaving the investment bank that’s been among the top arrangers of share sales in the Middle East https://t.co/nJUYFAHnIs ...

Mizuho Financial is aiming to become Asia’s top investment bank by bolstering equity underwriting and M&A advisory, seeking to replicate the headways the firm has made in the US. https://t.co/BYexgO4nVM ...

Core Viewpoint - Raymond James Financial, Inc. reported a decline in adjusted earnings for Q3 fiscal 2025, primarily due to a legal reserve increase, while investment banking and trading segments showed solid performance [3][4]. Financial Performance - Adjusted earnings per share for Q3 fiscal 2025 were $2.18, missing the Zacks Consensus Estimate of $2.37, and down 9% from the prior year [3]. - Net income available to common shareholders was $435 million or $2.12 per share, down from $491 million or $2.31 per share in the prior-year quarter [5]. - Quarterly net revenues increased to $3.40 billion, up 9% year over year, surpassing the Zacks Consensus Estimate of $3.36 billion [6]. Segment Performance - The Private Client Group saw a 36% growth in net revenues, while Asset Management and Capital Markets reported increases of 10% and 15%, respectively [6]. - The Bank segment's net revenues rose by 10%, but the "Others" category experienced a significant decline of 68% [6]. Expenses and Provisions - Non-interest expenses rose by 10% year over year to $2.85 billion, attributed to increases across all cost components [7]. - The company recorded a bank loan provision for credit losses of $15 million, contrasting with a provision benefit of $10 million in the previous year [7]. Asset Management - As of June 30, 2025, client assets under administration reached $1.64 trillion, an 11% increase from the prior year, while financial assets under management grew by 15% to $263.2 billion [8]. Balance Sheet Strength - Total assets stood at $84.82 billion, a 2% increase from the prior quarter, with total equity stable at $12.18 billion [9]. - Book value per share increased to $60.90 from $54.08 a year ago, and the total capital ratio improved to 24.3% from 23.6% [9]. Share Repurchase Activity - In the reported quarter, the company repurchased shares worth $451 million at an average price of $137 per share [11]. Future Outlook - For fiscal 2025, management anticipates non-compensation expenses to be $2.1 billion, reflecting about 10% growth from the previous year's adjusted figure [12]. - The company expects a 9% sequential increase in asset management and related administrative fees for the fiscal fourth quarter [13]. - The effective tax rate for fiscal 2025 is estimated to be approximately 24% [14]. Market Position - Raymond James Financial has a Zacks Rank 3 (Hold), indicating an expectation of an in-line return in the coming months [17]. - The company is part of the Zacks Financial - Investment Bank industry, where peers like Morgan Stanley have shown positive performance trends [18].

🔥 BULLISH: Swiss investment bank UBS says overseas Chinese family offices are allocating around 5% of their portfolios into crypto. https://t.co/cecYNwivs5 ...

Financial Performance - Barrenjoey's profit surged, boosted by bond market volatility and its new Abu Dhabi office [1] Industry Dynamics - The surge in profit indicates strong performance for the Australian investment bank [1]

Company Overview - UP Fintech Holding Limited (TIGR) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [3] Price Performance - Over the past week, shares of TIGR have increased by 6.49%, outperforming the Zacks Financial - Investment Bank industry, which rose by 1.52% [5] - In a longer time frame, the monthly price change for TIGR is 5.04%, compared to the industry's 3.25% [5] - Over the last quarter, shares have increased by 17.61%, and over the past year, they have gained 173.49%, while the S&P 500 has only moved 10.12% and 19.99%, respectively [6] Trading Volume - The average 20-day trading volume for TIGR is 5,817,653 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for TIGR has moved higher, increasing the consensus estimate from $0.58 to $0.69 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [9] Conclusion - Considering the strong price performance, positive earnings outlook, and favorable momentum indicators, TIGR is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11]