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News of New York

Wall Street's banks earn record amount for IPOs in 2021
20 January 2022
3870
Top banks JPMorgan Chase (JPM), Goldman Sachs (GS), Bank of America (BAC) and Citigroup (C) are on the list of banks that made the most money from IPOs, initial public offerings, in 2021. Market analysts say that will change in 2022. The latest fin...
Robinhood will allow users of its platform to buy shares before the IPO
21 May 2021
5024
IPO Access Robinhood is launching a new IPO Access product that aims to "democratise IPOs" by allowing ordinary users to invest in companies' shares before they go public. Robinhood, whose stock trading app has revolutionised access to Wall Street ...
Barclays net profit nearly triples for the quarter
30 April 2021
4683
Barclays revenue and earnings Barclays Plc (LON:BARC) posted net profit of 1.704 billion pounds ($2.37 billion) in January-March, up from 605 million pounds a year earlier, the British bank said in a press release. Thus, organization's qua...
New direct listing procedure will not lead to an increase in IPOs
26 December 2020
3269
New order The approval by the US Securities and Exchange Commission (SEC) of a new listing procedure for companies will not lead to an increase in the number of IPOs. Earlier this week, the SEC approved a change to the rules of the New York Stock E...
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