Mergers and acquisitions, nonbank competition and digital assets are all factors shaping how banks will perform in the coming months. American Banker’s 2026 Predictions report was fielded online ...
FRANKFURT, Germany (AP) — Central bankers from around the world said Tuesday they "stand in full solidarity" with U.S. Federal Reserve Chair Jerome Powell, after President Donald Trump dramatically ...
Volatility in the banking industry has given rise to fears of a recession and stagflation in the U.S., and new data from American Banker finds that smaller institutions see themselves as the most ...
Megadeals returned in full force in 2025. Wall Street is already bracing for another wave in 2026. There were a record 68 transactions valued at $10 billion or more announced globally this year, ...
Leveraged finance bankers have long anticipated the return of M&A. Now they’re betting that next year they might finally be right. Banks have underwritten around $65 billion of debt tied to leveraged ...
OpenAI has more than 100 ex-investment bankers helping train its artificial intelligence on how to build financial models as it looks to replace the hours of grunt work performed by junior bankers ...
More than 100 former investment bankers from JPMorgan Chase (NYSE:JPM), Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS) have joined OpenAI's (OPENAI) secretive Project Mercury to help train AI ...
OpenAI has formed a new team of over 100 former investment bankers under a new initiative internally called “Project Mercury.” The project pays contractors, many of whom are former employees of ...
Goldman Sachs is getting ready to impose a new requirement that junior bankers regularly pledge their loyalty to the Wall Street giant — a clampdown designed to reduce defections to high-paying ...
Jamie Dimon has criticized the private equity industry's recruiting of its junior bankers. On Thursday, the firm warned incoming juniors not to accept future-dated jobs from buyout firms. Those who do ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a former global head of equity capital markets at Bank of America and is now a managing director ...