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 raised the firm’s price target on Morgan Stanley (MS) to $138 from $128 and keeps a Neutral rating on the shares after its Q4

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

Morgan Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40% this year after a jump in revenue, according to people familiar with the matter.

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.

Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street revival that has dealmakers optimistic about the coming Trump era in 2025. Strong investment banking and trading results also helped push profits higher at other big banks in the fourth quarter,

"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 ...

Morgan Stanley: This Zacks Rank #2 (Buy ... of buoyant equity markets and rate cuts this year, along with Goldman Sachs' leadership position, lent it an edge over its peers.

Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.

GlobalData lead analyst Aurojyoti Bose said: “Goldman Sachs was the top adviser by value in 2023 and also managed to retain its leadership position by this metric in 2024 as well. Although it registered a year-on-year decline in value, Goldman Sachs still remained much ahead of its peers due to its involvement in big-ticket deals.

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,