JPMorgan Chase & Co., Goldman Sachs Group Inc. and BNP Paribas SA have been gaining market share in European investment-banking fees as most Swiss and European securities firms retreat, Freeman & Co. reported.
Treasury auctions of $66 billion of three-, 10- and 30-year debt this week drew lower-than-average demand for a third consecutive month amid speculation the Federal Reserve may slow its asset purchases.
Anthony Scaramucci, the investment entrepreneur known as the “Mooch,” is teaming up with a restaurant owner and a former Morgan Stanley executive to open a Manhattan eatery catering to hedge-fund and private-equity professionals.
Treasuries fell for a sixth consecutive week as higher-than-forecast employment growth supported speculation the Federal Reserve will taper its bond- buying program with economic growth exhibiting momentum.
UBS AG’s Chief Financial Officer Tom Naratil will meet next week with Knight Vinke Asset Management LLC, an investor that called for a spinoff of the lender’s investment bank, two people familiar with the matter said.