| ||
Investment banks and the survival of the fittest - Financial News Financial News Most investment banks will struggle to produce the returns they enjoyed before the crisis amid sweeping regulatory changes, rising technology costs and slow revenue growth, BCG said Tuesday. In a report called "Survival of the Fittest", the consulting ... See all stories on this topic » | ||
| ||
A Wealth of Clues to the Future of Barclays Investment Bank Wall Street Journal Yesterday, The Wall Street Journal reported that Lloyds Banking Group is looking to sell a chunk of its international wealth-management unit as part of its continued efforts to focus primarily on U.K. retail banking. This strategy provides a useful ... See all stories on this topic » | ||
Credit Suisse names European investment banking co-heads Reuters LONDON May 1 (Reuters) - Credit Suisse named Marisa Drew and Ewen Stevenson to jointly lead its European investment banking business, following the departure of Jamie Welch to a client. Drew and Stevenson will continue in their current roles as head ... See all stories on this topic » | ||
Q1 2013 US Investment Bank Round-Up: Advisory Services Trefis Earlier this month, we tried to provide investors an overview of what to expect from the investment banking units at the country's largest banks ahead of the earnings season through a series of articles which focused separately on advisory, debt ... See all stories on this topic » | ||
Egypt bank EFG Hermes to sell assets as Qatar deal fails Al-Arabiya EFG Hermes, one of the largest investment banks in the Middle East, plans to cut costs, sell non-core assets, and return cash to shareholders after a planned tie-up with Qatar's QInvest failed on Wednesday. EFG had agreed the deal in May last year to ... See all stories on this topic » | ||
| ||
Review of the Special Administration Regime for Investment Banks published Compliancy Services The Treasury has presented Peter Bloxham's review of the special administration regime for investment banks (SAR) to Parliament which he reported to the Treasury in February 2013. As expected he recommends further work and a fuller report will follow ... See all stories on this topic » | ||
UBS should stop trying to be a major investment bank and just become a boutique Quartz But that progress only makes clearer that UBS's deals advisory business, which used to be a point of pride at the bank, is just a shell of what it once was. Investment banking at UBS has already taken the biggest hit as part of the overhaul. That's why ... See all stories on this topic » | ||
UPDATE 2-Egypt bank EFG Hermes to sell assets as Qatar deal fails Reuters CAIRO/DUBAI, May 1 (Reuters) - EFG Hermes, one of the largest investment banks in the Middle East, plans to cut costs, sell non-core assets, and return cash to shareholders after a planned tie-up with Qatar's QInvest failed on Wednesday. EFG had agreed ... See all stories on this topic » | ||
| ||
Morgan Stanley: Runt Of The Wall Street Litter Seeking Alpha Morgan Stanley (MS) is the little brother to Goldman Sachs (GS), the two remaining investment banking titans from the ashes of the financial crisis that saw the banks' competition absorbed by solvent institutions or liquidated. Congress has decided to ... See all stories on this topic » | ||
Greece's Alpha Bank says succeeds in recapitalisation plan Reuters Alpha's 457 million euro rights issue will be fully underwritten by a syndicate of international investment banks, including J.P. Morgan, Citigroup, HSBC and France's Credit Agricole, the lender said in a statement. Greece's four major lenders ... See all stories on this topic » | ||
Parties line up for slice of state sell-down cake The Australian REAL estate groups and possibly investment banks are lining up to secure contracts from the Queensland government as part of its moves to consider a sell-down of parts of its multi-billion-dollar property portfolio. Potentially up for offer to the ... See all stories on this topic » | ||
ECB Weighs Rate Cut as Eurozone Economy Struggles - The Motley Fool Motley Fool Draghi has indicated the bank is studying possible steps, and mentioned possible involvement by governments and outside agencies such as the European Investment Bank. The EIB already offers reduced interest loans to midsize companies through local ... See all stories on this topic » | ||
Infratil step closer to selling Z Energy shares Radio New Zealand Listed infrastructure investor, Infratil, has taken a step closer to selling shares in Z Energy by appointing four investment banks as lead managers for the sale. Infratil still hasn't committed to a share float, but says it's on track to list Z Energy ... See all stories on this topic » | ||
Funds bemoan lack of worthy projects China Daily According to a new report by ChinaVenture Group, which provides advice to China-focused investment banks and institutions, 92 cultural industry investment funds have been created in China since 2007. Thirty-six of them are still open to new investment ... See all stories on this topic » | ||
Bank tie-up collapses in Egypt Financial Times A joint venture agreement between EFG-Hermes, the leading Middle East investment bank, and QInvest of Qatar has collapsed because the regulator in Egypt did not give its approval in time. Under the terms of the deal, QInvest would have injected $250m ... See all stories on this topic » | ||
EFG-Hermes Plans Asset Sales After Deal With QInvest Collapses Bloomberg "It will be hard for QInvest to build an investment banking platform that the EFG deal could have offered," Jaap Meijer, Dubai-based director of equity research at Arqaam Capital, said yesterday in a telephone interview. "EFG will now try to protect ... See all stories on this topic » | ||
| ||
Deutsche Bank Boosts Shares On Results And Plans To Sell Shares Trefis The impact of reduced costs was seen most on the investment banking business, which achieved pre-tax incomes of €1.85 billion ($2.44 billion) on revenues of €4.6 billion ($6.1 billion) for a respectable operating margin of 40% this quarter. See all stories on this topic » | ||
Glaxo chooses banks for £1.5bn sale of Lucozade and Ribena CITY A.M. The two banks were appointed after a pitch from around 20 investment banks keen to work on a sale which industry sources say could generate around £1.5bn. There was fierce competition for the mandate, given the paucity of traditional mergers and ... See all stories on this topic » | ||
Signs of recovery seen blunting opposition to UBS pay Reuters UK ZURICH May 2 (Reuters) - Strong first-quarter results are likely to ensure UBS wins shareholder backing for its pay plans at a meeting on Thursday, though a $26 million signing-on award for investment bank chief Andrea Orcel is bound to attract criticism. See all stories on this topic » | ||
PIMCO's Gross says central banks trimming returns 路透社 Gross, a founder and co-chief investment officer at bond giant PIMCO, said in his May investment outlook that, while monetary stimulus may be helping now to "refloat global economies and generate a semblance of old normal real growth," central bankers... See all stories on this topic » | ||
UK Stocks Rise on Central-Bank Stimulus Optimism; Lenders Gain Businessweek ... 1.6 percent to 1,642 pence. A gauge of London-listed lenders added 0.7 percent. Barclays climbed 1.3 percent to 288.7 pence. The British lender yesterday named Jonathan Beebe head of equities for Europe, Middle East and Africa at its investment bank. See all stories on this topic » | ||
Macquarie Group moves to control $500m Gunns schemes as battle with ... The Australian MACQUARIE Group is seeking control of a $500 million portfolio of nine Gunns-managed investment schemes, in a move that could generate tens of millions of dollars in fees but also put the investment bank on a collision course with the liquidator of the ... See all stories on this topic » | ||
Citi: The Credit Fund Opportunity: How Are Fund Managers Navigating the New ... MarketWatch Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth ... See all stories on this topic » | ||
DEALTALK-Gulf expansion push buoys Middle East banking M&A Reuters So Egypt, for example, with a population of around 80 million, is a compelling opportunity for some banks," said Klaus Froehlich, Morgan Stanley's MENA investment banking head. In Turkey, a 75 percent stake in small lender Tekstilbank has been put on ... See all stories on this topic » | ||
| ||
Deutsche Bank slams Fed proposal on foreign bank oversight Reuters The bank could face a 12 billion euro capital shortfall at its U.S. Taunus unit, according to analysts at Espirito Santo Investment Bank, while replacing the intra-group funding Deutsche provides to the unit might be prohibitively expensive. "Having to ... See all stories on this topic » | ||
| ||
Gross Says Central-Bank Policies Impose 'Haircuts' on Investors Businessweek Pacific Investment Management Co.'s Bill Gross, manager of the world's biggest bond fund (PTTRX), said global central bank debt purchase programs and almost-zero interest rates are bolstering economic growth and asset prices at a cost to savers and ... See all stories on this topic » | ||
Barclays in capital fog after Deutsche U-turn Reuters Blogs (blog) Deutsche's placing is partly because its own supervisor, BaFin, has become more concerned over group capital getting trapped if its U.S. counterpart requires European banks with New York investment banks to subsidiarise. Although Barclays has fewer ... See all stories on this topic » |
| ||
Hungry Mideast Investment Bankers Eye Telecoms Deals - Middle ... Once again, a lot hinges on the telecommunications sector for the thinning ranks of Middle East investment bankers.The bank that heads the league tables for ... blogs.wsj.com/.../hungry-mideast-investment-bankers-eye-tele... | ||
Investment banks face profit storm - Financial Review Debate about the future structure and earnings profile of the investment banking industry is getting louder. www.afr.com/.../investment_banks_face_profit_storm_gqEVK... |
Tip: Use site restrict in your query to search within a site (site:nytimes.com or site:.edu). Learn more.
Delete this alert.
Create another alert.
Manage your alerts.