Browsing: Earnings
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Exane’s Revenues Grew 3% in 2017
10/09/2018
After attaining the top ranking for its research in Extel’s 2017 rankings, Exane SA’s London affiliate, Exane Limited, which represents the bulk of its cash equities business, eked out 2.6% ...
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Nomura Equities Revenues No Longer Slow and Steady
08/10/2018
Nomura reported that its equity revenues for the quarter ending June 30 2018 fell 6.8% to ¥54.5 billion (US$491 million) from ¥58.5 billion (US$527 million) the previous year. Until this ...
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Jefferies Equities Revenues Stay in Holding Pattern
08/08/2018
Jefferies Group LLC, the investment-banking unit of the newly rebranded Jefferies Financial Group (formerly Leucadia National Corp), reported equities revenues on a par with the previous year, although an improvement ...
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Redburn Revenues Fell 8% in Year Ended March 2018
08/06/2018
Redburn, one of the largest independent research firms, experienced declining revenues for the first time since its founding as MiFID II eroded income in the UK and Europe. Redburn’s revenues ...
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Q2 2018 Bulge Bank Equities Results: Goldman Lags, Non-US Banks Muddle Along
08/03/2018
With all the major investment banks reporting, equities revenues for the ten largest equities franchises grew 12% in the second quarter to $12.5 billion from $11.1 billion a year ago, ...
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Cowen’s Brokerage Revenues Up 69% In Q2 2018
08/02/2018
Cowen Group, a mid-sized NY investment bank, reported 68.9% year-over-year growth in its brokerage revenues, primarily reflecting its acquisition of Convergex. More telling was the flat quarter-to-quarter change in revenues, ...
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Evercore ISI Revenues Down 5% In Q2 2018
08/01/2018
Evercore reiterated its view of a shrinking research wallet as ISI revenues continued to slide. Nevertheless, Evercore management affirmed its commitment to the research franchise. Second quarter 2018 commission revenues ...
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Bernstein Research Q2 2018 Results Lowest Since 2013
07/30/2018
AllianceBernstein reported that Bernstein Research second quarter revenues fell 3% year over year and 7% sequentially to $106 million, its lowest quarterly revenues since 2013. It estimated that research payment ...
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US Bulge Equities Revenues Up Nearly 20% Despite Easing From First Quarter Results
07/20/2018
Although the second quarter equities revenues of the largest US banks fell from the buoyant first quarter, they remained 19% above last year’s results. Goldman Sachs was the sole outlier, ...
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Tricumen: Investment Bank Cash Equities Revenues Grew 33% In Q1 2018
06/12/2018
Investment bank cash equity revenues grew 33.3% from the prior year in the first quarter of 2018, according to Tricumen, a UK-based market intelligence provider specializing in investment banks. Estimated ...