SnapshotWall Street’s “back office”—powered by mergers & acquisitions and capital markets—is bogged down. For over three years, investment banking has failed to reach 25 percent of top bank revenues, hitting its worst stretch since 2014 . Macro Forces at Play• Elevated interest rates & geopolitical tensions are boosting market volatility.• Paradoxically, while volatility boosts trading revenue…
Body: A watershed moment: JPMorgan analysts believe the CoreWeave acquisition of Core Scientific sets a new valuation anchor at around $20.40 a share for Bitcoin miners—though it may be a unique case . Why it matters:This deal highlights the evolving perception of mining companies. With power assets repurposed for AI and HPC, they’re increasingly seen…
🏦 JPMorgan Warns Analysts: Accepting Future-Dated Job Offers Will Lead to Termination JPMorgan Chase has issued a stern warning to its incoming investment banking analysts: accepting future-dated job offers from other firms within the first 18 months of employment will result in immediate termination. This new policy aims to curb the growing trend of early…
