Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement

Investment banking


Ted Pick is credited with spurring a revival in Morgan Stanley’s trading business.

Morgan Stanley’s Ted Pick to succeed CEO James Gorman

The head of investment banking and trading was one of three internal candidates, as James Gorman steps down in January after 14 years at the helm.

  • Sridhar Natarajan


The favourite lunch spots of Sydney’s top bankers

End-of-deal lunches are thinner on the ground these days, but still, bankers have to eat. Here are their top lunch spots in Sydney.

  • Aaron Weinman and Jemima Whyte

This Month

Jefferies banking analyst Brian Johnson.

MST Financial signs veteran banking analyst Brian Johnson

Long-serving banking analyst has resurfaced six months after he left US investment bank Jefferies.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
There are three Australian IPOs in front of investors this week, but they are all on the small side.

Two things holding back Australia’s IPO market

It’s another year of what could have been for new listings on the ASX. The only way to end the drought is to cut prices.

  • Anthony Macdonald
Will Farrant is joining Ares Management.

Credit giant Ares hires new partner

Street Talk can reveal Credit Suisse’s head of asset finance for Asia Pacific, Will Farrant, has joined the US investment firm as a partner in its credit group.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Bankers are watching political relations between China and Australia thaw, but say it is too early to count on an increase in Chinese investment just yet.

More thawing needed to tempt Aussie bankers to Shanghai’s bars

A decade ago, a bankers’ roadshow wasn’t complete without a stop in the Chinese capital and financial hub. They were the good old days of restaurants in high places.

  • Anthony Macdonald

Why expenses are a fraught form of fraud

The Citi sandwich case shows why some rule-benders get a lot more sympathy than others. If a company wants to fire someone, the easiest way to do it is to go through their expenses.

  • Pilita Clark
Private bankers are providing asset-backed loans to finance luxury items such as super yachts.

Beyond cash and property: HSBC joins fight for Australia’s ultra-rich

Global investment banks have flitted in and out of Australian wealth management, but this time the country’s family offices are firmly in their sights.

  • Primrose Riordan and Aaron Weinman
Goldman head of asset and wealth management Marc Nachmann: “Obviously you feel some pressure.”

Can this man reverse Goldman Sachs’ falling profits?

Responsibility for correcting two years of declines at the famed investment bank falls on the head of its funds management division.

  • Sridhar Natarajan
Goldman Sachs CEO David Solomon is boosting pay again after last year’s cuts.

The curious case of Goldman Sachs’ pay jump

Angst with Goldman CEO David Solomon appears to have stemmed from pay cuts at the bank last year. That’s now reversing, despite an uncertain outlook at the bank. 

  • James Thomson
Alphine Capital co-founder and director Malcolm Nutt

Hello Alpine Capital: Wentworth Securities tips deal flow after tieup

Alpine is expected to start marketing a new initial public offering next month. 

  • Sarah Thompson, Kanika Sood and Emma Rapaport
MA’s vice chairman and veteran dealmaker Andrew Pridham.

MA Financial’s big shift raises two fascinating questions

While Andrew Pridham’s firm’s roots are in investment banking, its growth is being made possible by the disruption of the commercial banking sector. 

  • James Thomson
David Solomon performs as DJ D-Sol.

Goldman CEO to stop DJing in public after backlash

Critics have long argued that David Solomon’s hobby of spinning tracks as “DJ D-Sol” was at odds with his role leading a Wall Street investment bank.

  • Simon Foy
David Solomon, who moonlights as a DJ, is one of Wall Street’s highest-profile CEOs.

The blurred lines between Goldman CEO’s day job and his DJ gig

Insiders say that David Solomon’s high profile hobby risks drawing unwelcome attention at a time when the bank is struggling with its performance.

  • Emily Flitter and Katherine Rosman

‘It’s bad’: The 9.23pm moment ANZ’s $2.5b deal crumbled

Hedge funds screaming down the phone, 2.26am emails to the client, billions of dollars at risk and a late night “Oh, f---” moment. Justice Mark Moshinsky reveals what it was like inside ANZ’s deal room.

  • Updated
  • Anthony Macdonald
Moelis Australia corporate advisory and equities head Paul Rathborne.

MA Moelis taps new resources sector boss

The firm has lured Treadstone Resource Partners executive director Adam Bill as its new resource sector coverage lead.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Bain Capital won over the Estia Health board with its $838 million buyout offer in August.

Bain Capital-backed Estia in $400m-plus BlueCross auction

Corporate advisor Canterbury Partners has been tapped to run the auction and received indicative bids over the weekend.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

BofA kicks off $531m Cuscal IPO bookbuild; pricing out

The end-to-end payments outfit is expected to list on the Australia Securities Exchange by late November.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Some of the largest global financial institutions are seeking to unlock efficiencies from blockchain.

How crypto is forcing banks, funds towards new digital asset markets

The market cap of cryptocurrencies is $1 trillion. But real-world assets are valued at $800 trillion. How much could be “tokenised” onto blockchains to create efficiencies?

  • James Eyers
Australia’s humiliating defeat at the hands of Wales in Lyon effectively dumped the Wallabies out of the World Cup and sparked a wave of recriminations.

Carlyle around the goal for Rugby Australia debt as PE scrum collapses

Sources said the first phase of debt negotiations kicked off before the Rugby World Cup in France and have now entered phase two.

  • Sarah Thompson, Kanika Sood and Emma Rapaport