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Wall Street News

Citigroup Posts Good Q2 Earnings, Leon Black Stood by Pedofile Epstein, Deutsche Axing Bankers … And Other Headlined Persons and Companies

July 15, 2019

- - Compiled by Howard Haykin

 

PEOPLE & COMPANIES:

 

  • Citigroup's Q2 Earnings Beat Estimates, Expenses Drop [Zack's]

     Citigroup Profit Beats Estimates On Gains In Consumer Lending [Reuters]

►     Citi Leans on Cost Cuts and Consumers as Trading Sputters [Bloomberg]

  • JPMorgan Has Entered Crowded Field of Robo-Advisors. Here’s How its Fees Stack Up [Barron's]
  • Dimon Prowls for Deals with Wall Street's Secret Shackles Gone [Bloomberg]
  • SEC Names Sagar Teotia As Chief Accountant [SEC]

►     Julie Erhardt, Deputy Chief Accountant, to Leave the SEC [SEC]

 

  • Deutsche Bank to Axe Investment Bankers in Up to $5.6Bn Revamp [Reuters]
  • Deutsche Bank Investor Doubts Increase Over Sewing's Revamp [Bloomberg]
  • Deutsche Bank Tells Fixed Income Traders They'll Keep Jobs [Bloomberg]
  • Deutsche Bank Held Talks with Citi, BNP on Shedding Chunk of Equities Business [Reuters]

 

  • Chief Justice Strine to Retire - Jay Clayton Statement [SEC]
  • Leon Black, Apollo Global Mgmt Billionaire, Kept Convicted Pedophile Jeffrey Epstein as Charity Director [NYPost]
  • Piper Jaffray to Acquire Sandler O'Neill for $485Mn [Benzinga]

►     Piper Deal Leads Way as Boutique M&A Advisers Start to Merge [Bloomberg]

  • Citigroup Says It's Hiring During Grim Moment for Banking Jobs [Bloomberg]
  • Shaq: As Soon as I Started Investing Like Jeff Bezos, ‘I Probably Quadrupled What I’m Worth’ [CNBC]