The Motley Fool

JULY 14, 2023

In banking, the momentum in investment-grade debt has spread into other DCM products. But the long-awaited rebound in investment banking has yet to materialize. And it was a disappointing quarter in terms of both the wallet and our own performance, with investment banking revenues down 24%.

Banks 130

Banks Capital Investment Banks Investment Banking 130

The Motley Fool

OCTOBER 11, 2024

We are also investing in our branches and have refurbished over 460 branches during the first three quarters of this year. We continue to hire proven leaders in our corporate investment bank. We also hired a new vice chair of corporate banking, who is focused on helping us continue to expand and grow that franchise.

Banks 130

Banks Assets Capital Investment Banks 130

The Motley Fool

JULY 12, 2024

billion or 21%, largely driven by higher investment banking revenue and asset management fees. Both periods included net investment securities losses. Next, the commercial and investment bank on Page 5. Our new commercial and investment bank reported net income of 5.9 billion or 56%.

Banks 130

Banks Capital Finance Financing 130

The Motley Fool

FEBRUARY 15, 2024

We also expanded Zelman's investment banking capabilities into the commercial market in 2023. And in the fourth quarter, the investment banking team closed three transactions, albeit all in the single-family sector, that boosted revenues and expanded the W&D brand significantly.

Debt 100

Debt Finance Financing Banks 100

The Motley Fool

JULY 14, 2023

In banking and wealth management, revenue was up 59% year on year, driven by higher NII on higher rates. End-of-period deposits were down 4% quarter on quarter as customers continue to spend down their cash buffers, including for seasonal tax payments, and seek higher-yielding products. Investment banking revenue of 1.5

Banks 130

Banks Liabilities Capital Assets 130

The Motley Fool

JANUARY 12, 2024

Investment banking revenue of 1.6 IB fees were also up 13% year on year, and we ended the year ranked No. In advisory, fees were up 2%. Payments revenue of 2 billion was up 2% year on year, driven by fee growth, largely offset by deposit-related client credits. Next, the CIB on Page 6. Revenue of 3.7 Expenses of 1.4

Banks 130

Banks Capital Assets Investment Banks 130

The Motley Fool

OCTOBER 11, 2024

NII ex-markets was up $274 million or 1%, driven by the impact of balance sheet mix and securities reinvestment, higher revolving balances in card, and higher wholesale deposit balances, predominantly offset by lower deposit balances in banking and wealth management and deposit margin compression. billion with pre-tax margin of 33%.

Banks 130

Banks Capital Assets Mergers and Acquisitions 130

The Big Picture

MARCH 27, 2023

I wanted to see the world, and whether it was investment banking, or basket weaving really had absolutely no bearing on my decision. And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. So it’s all available.

Hedge Funds 114

Hedge Funds Funds Assets Finance 114

The Motley Fool

FEBRUARY 22, 2024

The decline in net income year over year was primarily due to Virbela impairment charges, increased agent growth incentive stock compensation and a higher effective tax rate. So, there's definitely what we call risk management. So, there's some risk management fees because just our legal costs are going up significantly.

Legal 100

Legal Management Fees Leveraging Accounting 100

The Motley Fool

JULY 16, 2024

billion after tax or $0.83 Attesting to the balance in our franchise, the earnings were split evenly, half in our consumer GWIM businesses, which serve people, and the other half in our institutional-focused business, global banking and markets. Fees grew 6% year over year and represented 46% of total revenue in the quarter.

Banks 130

Banks Assets Taxes Liabilities 130

The Motley Fool

JANUARY 15, 2025

Excluding the prior year's net investment securities losses, it was up 21%, largely on higher asset management fees and investment banking fees. Next, the commercial and investment bank on Page 6. IB fees were up 49% year on year, and we ranked No. billion, with pre-tax margin of 35%.

Banks 243

Banks Investment Banks Investment Banking Capital 243