Ralf Etienne juggles long workdays and intense training in the Alps that was delayed by changes in U.S. immigration policy. Now run by three co-CEOs and Lutnick’s two elder sons, the firm is reaping ...

Devolvement occurs when an investment bank buys unsold shares of a security or debt issue. Discover its mechanics, implications, and strategies to mitigate risk.

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Big banks posted strong earnings results this week as dealmaking returns to Wall Street. Goldman's advisory revenue jumped 60% to $1.4 billion from a year earlier, the bank said. JPMorgan, Citi, and ...