Private Equity OceanSound-Backed CFM Merges with NXTsoftThe combination looks to create a provider of API connectivity, workflow automation and data analytics software for financial institutions. January 26, 2023
Financial services Looming Recession Forces Financial Firms to Focus on DivestituresA down market gives an advantage to strategic investors, who stand ready to snap up bargains. January 20, 2023
Investment Banking Goldman, Morgan Stanley Are Weighed Down by High Costs as M&A SlumpsWall Street giants Goldman and Morgan Stanley saw higher expenses and a plunge in dealmaking for the firms' quarterly results. January 17, 2023
Investment Banking Wall Street Ends Worst Investment Banking Year Since 2016The 100 largest banks by revenue made $77.1 billion from M&A and equity and debt issuance in 2022, a 38 percent drop from the previous year. January 06, 2023
Investment Banking Credit Unions Continue to Acquire Community BanksHonigman lawyer sees busy 2023 if economic uncertainties are resolved. December 30, 2022
Investment Banking Chinese Banks Edge Out Wall Street Rivals in Global IPO RankingsChinese brokerages have muscled into the IPO market historically dominated by global banks. December 21, 2022
Strategic Buyers RBC Expands Canada Dominance with $10B HSBC DealThe purchase gives Royal Bank about 130 more branches, including about 45 in the West Coast province of British Columbia. November 29, 2022
Financial services TD Buys Cowen for $1.3B to Bulk Up Capital MarketsCanada’s second-largest bank is addressing its relative weakness in the capital-markets business relative to larger competitors. August 02, 2022