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Santander to buy Amherst in US fixed-income push

Bloomberg Banco Santander SA’s US unit agreed to buy Amherst Pierpont Securities in a deal that gives Spain’s biggest bank a greater presence in the fixed-income trading business that’s been a boon to Wall Street rivals over the past year. Santander Holdings USA is acquiring the independent broker-dealer through a $600 million takeover of its parent company, Pierpont Capital Holdings ...

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Morgan Stanley bankers lag behind rivals in M&A fees

Bloomberg Wall Street dealmakers basked in the spotlight this week as the biggest US banks touted their windfalls from a surge in corporate hookups. But as Morgan Stanley finished the parade of earnings reports, some competitors smirked. The firm — one of three that dominate the world of mergers and acquisitions — had lost ground to arch rivals Goldman Sachs ...

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BOJ joins global climate-change battle with green loan support

Bloomberg The Bank of Japan (BOJ) joined the battle against global warming by offering a series of incentives for lenders to help businesses move toward a greener economy, with Governor Haruhiko Kuroda insisting there was no longer any time to waste. The BOJ said it would offer banks interest-free funds for climate-linked loans or investments and exempt more of their ...

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