Latest Corporate News

๐Ÿ“…January 16, 2026 at 1:00 PM
Major corporate developments include bank earnings beats driving M&A optimism, key executive appointments in real estate and finance, and significant mergers in quantum tech, insurance, and packaging.
1

J.P. Morgan Chase Reports Q4 Earnings with Profit Dip but Strong Revenue Growth

J.P. Morgan Chase's fourth-quarter profit dropped 7% year-over-year to $4.63 per share due to a new Apple credit card deal, though adjusted earnings beat estimates. Revenue rose 7% to exceed expectations, with net interest income up 7% to $25.1 billion. CEO Jamie Dimon highlighted resilient consumer spending.Source 3

2

Goldman Sachs and Morgan Stanley Surge on Strong Investment Banking Fees

Goldman Sachs reported a 25% jump in investment banking fees to $2.58 billion from completed M&A and IPO growth, beating profit expectations. Morgan Stanley saw a 47% surge in investment banking revenue to $2.41 billion. Shares hit record highs amid accelerating M&A outlook.Source 10

3

SEEQC Enters Merger Agreement with Allegro Merger Corp.

Quantum computing firm SEEQC announced a definitive merger with Allegro Merger Corp., forming a subsidiary to merge into Allegro. The deal aims to support scalable quantum chips. Announced January 16, 2026.Source 2

4

Invitation Homes Acquires ResiBuilt Homes for Build-to-Rent Expansion

Invitation Homes acquired ResiBuilt Homes, a leading build-to-rent developer in Southeast U.S. markets. The move strengthens supply of family-oriented communities. Deal announced January 16, 2026.Source 2

5

Gryphon Holdings to Acquire PrimeOne Insurance Company

Gryphon Holdings entered a definitive agreement to buy specialty insurer PrimeOne, focusing on property and casualty for niche markets. Terms undisclosed. Announced January 15, 2026.Source 2

6

Butterfly Equity Completes Acquisition of ePac Flexible Packaging

Private equity firm Butterfly acquired digitally printed flexible packaging leader ePac from investors including Amcor. ePac specializes in CPG packaging since 2016. Deal completed recently.Source 2

7

Altus Group Appoints Rich Sarkis as Chief Marketing Officer

Altus Group named Rich Sarkis CMO effective immediately, following its Reonomy acquisition. Sarkis previously led software and data as president in 2025. Part of week-ending January 16 updates.Source 1

8

ATB Financial Selects Chris Turchansky as Next President and CEO

ATB Financial's board appointed Chris Turchansky as president and CEO, effective January 1. He brings experience from over 1,500 transactions worth $20B. Announced for week ending January 16.Source 1

9

Empire Company Limited Names Pierre St-Laurent President and CEO of Sobeys

Empire Company appointed Pierre St-Laurent as president and CEO of the company and subsidiary Sobeys. Leadership change part of recent real estate and finance moves. Week ending January 16.Source 1

10

SolarBank Corporation Rebrands to PowerBank Corporation

SolarBank changed its name to PowerBank to reflect broader power and energy solutions beyond solar. Emphasizes strategic market positioning. Announced week ending January 16, 2026.Source 1

11

Colliers Rebrands Investment Arm as Harrison Street Asset Management

Colliers rebranded its investment-management division to Harrison Street Asset Management (HSAM). Christopher Merrill named global CEO; Zachary Michaud as managing partner and CFO. Recent corporate shift.Source 1

12

Wall Street Anticipates Robust M&A and IPO Activity in 2026

Bankers expect strong M&A and IPOs after 2025 revenues topped $100B, with pipelines including OpenAI, SpaceX, Cerebras. Goldman Sachs and Morgan Stanley report deal surges in healthcare, industrials. Regulatory easing boosts mega deals.Source 6