State Street Journal’s Post

Check out my article where I discuss earnings from BlackRock and Big Banks.

🇺🇸🏦 BlackRock Q3 24 Earnings: - Adj EPS $11.46 (est $10.40) - Rev $5.2B (est $5.00B) - AUM $11.48T (est $11.19T) - Net Inflows $221.18B (est $127.2B) #BLK #Report #Finance #InvestmentManagers

The latest on equities and fixed income markets: https://lnkd.in/eG8zfHsj. Both fixed income and stock markets have been through a volatile period in recent months. However, there are still plenty of attractive opportunities in unexplored areas for the diligent allocator. By...Wellington Management, FTSE Russell, An LSEG Business, Goldman Sachs, Baillie Gifford, Fidelity Investments, Vanguard, BNP Paribas Asset Management & First Eagle Investments #equities #fixedincome #markets #stockmarket

What Are the Differences Between Bulge Bracket and Boutique Investment Banks? 🏦 Bulge Bracket vs. Boutique Banks: While bulge bracket banks (e.g., Goldman Sachs, JPMorgan) offer a wide range of services across industries and geographies, boutique banks (e.g., Lazard, Evercore) focus on specialized sectors or M&A advisory. Boutiques often provide more personalized services and can be nimble, while bulge bracket banks have the advantage of vast resources and global reach. 💬 Which do you think is better suited for specific transactions? #InvestmentBanking #BoutiqueBanks #CorporateFinance

📣 Our Full-Year 2024 Financial Advisory Rankings are now live 👉 https://lnkd.in/erEcukv6 2024 saw M&A volume increase across the Americas, EMEA and Asia-Pacific, driven by lower interest rates, non-core corporate divestitures, and an increase in financial sponsor-led activity. Goldman Sachs displayed its dominance by maintaining its pole position in the US and gaining one spot each in Europe and Asia-Pacific. It was the only firm to record more than USD 1trn in deal volume across 430 deals, up 13% YoY. Morgan Stanley and J.P. Morgan, as they have historically done, battled it out for the second spot, with the former slipping ahead by a slim margin. Morgan Stanley saw a 13% YoY increase in volume to USD 856bn while JPMorgan’s numbers were flat at about USD 805bn, compared to the year prior. Rounding out the top 10 were Citi, Bank of America, UBS, Barclays, Evercore, Lazard, and Jefferies. 

Jefferies Financial's profit more than tripled in the fourth quarter, driven by higher fees from deal advisory and robust underwriting activity, the investment bank reported on Wednesday. Ebullient markets, falling interest rates, and the prospect of lighter regulation under the incoming Trump administration have bolstered corporate sentiment towards mergers and acquisitions. Equity and debt offerings also surged in the second half of 2024. Global investment banking revenue rose 26% to $86.8 billion in 2024, with North America leading the way with a 33% increase, according to Dealogic data. Jefferies ranked seventh in fee earnings among banks during this period. "What will drive corporate activity, private equity activity, and overall investment banking and capital markets activity will be M&A and IPOs," Brian Friedman, president of Jefferies, told Reuters.

Goldman Sachs Predicts 2025 M&A Surge, Refocuses Strategy > Goldman Sachs forecasts 2025 M&A and equity deals surpassing averages > Focus shifts to core trading and investment banking strengths Read more: https://bit.ly/49Efli5 #internationalfinance #goldmansachs #mergersandacquisitions #investmentbanking #businessgrowth #financialmarkets #equitydeals #corporatestrategy #markettrends

“We’ve seen rates peak and, with the US election behind us, looking ahead to 2025, we have clear water and good preconditions for why (IPO) issuance should be strong, and therefore pick up globally.” Gareth McCartney, Global co-Head of Equity Capital Markets, recently appeared on CNBC to discuss the outlook for equity capital markets in 2025 and beyond. Get more insights from UBS here: https://from.ubs/6049o8rVh #shareUBS

🇺🇸🏦 BlackRock Q2 24 Earnings: - Adj EPS: $10.36 (est $9.96) - Revenue: $4.81B (est $4.87B) - Assets Under Mgmt: $10.65T (est $10.73T) - Net Inflows: $81.57B (est $101.24B) #BLK #Report #Finance #InvestmentManagers

BNY Investments' Head of Investment Analysis Jake Jolly, CFA, joined Jill Malandrino on Nasdaq's Trade Talks to recap 2024 market developments and themes and discuss how he believes investors should be positioned for shifting market dynamics heading into 2025. Watch the full discussion now: https://lnkd.in/ecMJqdHU #MarketOutlook #Nasdaq #TradeTalks Intended For Financial Professionals