
Citizens to Acquire Another Investment Bank
Providence-based Citizens Financial Group Inc. plans to acquire another investment bank, the third deal by Citizens’ commercial bank this year.
Providence-based Citizens Financial Group Inc. plans to acquire another investment bank, the third deal by Citizens’ commercial bank this year.
Expansion plans for the Mary Wade Home in New Haven are moving forward thanks to more than $45 million in financing from HJ Sims, a Fairfield-based investment bank and wealth management firm.
Deutsche Bank is expected to cut around 1,000 jobs or 10 percent of its workforce in the United States, a person familiar with the matter said on Friday, as the German lender scales back its global investment banking ambitions.
Goldman Sachs Group Inc. is betting it can get its money-making mojo back by pitching creative deals to big, complex clients, marking a return to its investment banking roots as trading revenue slows.