Investment Banking

The Swiss bank has raised around $2 billion from investors to boost its balance sheet following the loss.

The US investment bank is funding a breakaway football league threatening a major shift in the sport’s organisation.

Despite a 150% profit surge, the Wall Street bank’s positive Q1 report was partly overshadowed by its one-off loss.

The bank’s new funding target will aim to support green initiatives and socioeconomic progress over the coming decade.

The US’s two biggest banks have seen a record quarter for investment banking revenue as pandemic fears recede.