Jefferies' fund caught up in the collapse of auto parts maker First Brands is separate from its investment banking business, ...

Jefferies executives emphasized that the Point Bonita fund involved in the First Brands collapse operates completely independently from its investment banking operations. During the bank’s investor ...

Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about the future of finance. By Rob Copeland Rob Copeland spoke to executives at ...

Pay in investment banking can be lucrative, especially in New York City, where the cost of living is among the highest in the U.S. Investment banks provide clients advice on how to invest their money ...

Citigroup is making aggressive moves to revitalize its investment banking unit by recruiting top talent, a strategy being led by Viswas "Vis" Raghavan, who joined as head of banking last June. The ...

Royal Bank of Canada RY0.03%increase; green up pointing triangle is shaking up the leadership structure of its U.S. and global investment banking units in a bid to boost growth. Matthew Stopnik will ...