Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.

Morgan Stanley raised the firm’s price target on Goldman Sachs (GS) to $782 from $736 and keeps an Overweight rating on the shares after the

Banks are known to throw an avalanche of debt at investors after their earnings. This time the issuance trend looks particularly interesting. The amount of long-term bonds, expiring in about 20 to 30 years,

Goldman Sachs and UBS have emerged as the leading mergers and acquisitions (M&A) financial advisers in South America for 2024, in terms of deal value and volume, respectively, according to the latest league table from GlobalData, a data and analytics firm.

Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee,

While Citi, BofA and Goldman touted their biggest cohorts of managing directors in years, Morgan Stanley elevated greater numbers in 2022 and 2023. But the banks appear in lock-step on other value markers.

The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.

The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.

Analyst Betsy Graseck from Morgan Stanley maintained a Buy rating on Goldman Sachs Group (GS – Research Report) and increased the price target

"There's still a lot of alpha generation to come," says Morgan Stanley's Global Head of Research Katy Huberty. See the dates that JPMorgan, Goldman Sachs, Morgan Stanley, and more are expected to ...

Bonuses are up for senior bankers in Asia by the high-teens to compensate them after lean payouts the previous year. Read more at straitstimes.com.

Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report fourth-quarter results on Thursday morning. Their competitors—JPMorgan Chase, Wells Fargo,