| News | 32 new results for Investment Banks |
|
| |
Insider trading sanctions must send message to Bay Street: OSC lawyer The Province A lawyer for the Ontario Securities Commission said a permanent trading ban along with financial and career limiting sanctions handed to a former investment banker who admitted to illegal insider trading in Toronto on Friday should send a message to ... See all stories on this topic » |
2 Bank Stocks Buffett Bought (and they're still reasonably priced!) Motley Fool Berkshire Hathaway (NYSE: BRK-B ) filed its highly anticipated quarterly stock-holdings report with the SEC this week. One clear conclusion from the report: Warren Buffett likes his banks. The Berkshire CEO raised its holding of Wells Fargo (NYSE: WFC ... See all stories on this topic » |
DISH Shoots Back at SoftBank Motley Fool It's a 100% FREE Motley Fool service... Click Here Now. DISH Network (NASDAQ: DISH ) has fired back at Japanese telecom SoftBank's reported attempts last week to pressure investment banks into denying DISH the financing it needs to take over Sprint. See all stories on this topic » |
Information Security for Financial Services Conference TechWeekEurope UK Financial Services is the only specialised conference bringing together the most senior information security professionals in financial services: CISOs and Heads of Information Security from Retail Banks, Investment Banks, Exchanges, Asset Managers, ... See all stories on this topic » |
The China option IFR Asia The many Western investment banks that have agreed to pump money into a securities joint venture in China have bought something approaching an option on the country's future liberalisation. Old China hands at Wall Street firms chafe at this description ... See all stories on this topic » |
European Regulator Widens Scope of Banker Bonus Caps, PwC Says Businessweek The proposal will increase the number of employees subject to bonus caps by as much as 10 times at some investment banks, the accounting firm said. A spokeswoman for the EBA in London wasn't available to comment. The EU brokered a deal in February ... See all stories on this topic » |
Mark Carney 'will Start BoE Governorship with Mistakes' IBTimes.co.uk Mark Carney will blunder as soon as he steps into the Bank of England governor's shoes by issuing forward guidance on monetary policy, according to an economist at one of the world's biggest investment banks. Share article. Amit Kara, an executive ... See all stories on this topic » |
Bonus cap to catch tens of thousands more bankers in Europe Financial Times Pay experts estimate that the EBA's move to change the definition of material risk-takers will multiply the number of affected staff by up to 10 times at some investment banks. For Europe's largest banks the multiple will probably be somewhat smaller ... See all stories on this topic » |
Why You Shouldn't Invest in JPMorgan Motley Fool JPMorgan is primarily a large, traditional bank attached to a massive corporate and investment bank. Traditional banking is a cyclical, but decent business. It's very competitive, of course, but companies can muster reasonable levels of profitability ... See all stories on this topic » |
INVESTMENT FOCUS-Top four central banks may change the tune Reuters LONDON May 17 (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top four central ... See all stories on this topic » |
The Takeaway: The uselessness of money management - InvestmentNews InvestmentNews (blog) Chinese investment banks invading Wall Street. Wonder if they'll undercut us on M&A and underwriting fees... (DealBook). On the indispensability of Jamie Dimon. (The Epicurean Dealmaker). Active mutual funds are hilariously investing in passive ETFs. See all stories on this topic » |
EU Weighs Bank-Structure Overhaul in Wake of Liikanen Plan (3) Businessweek Options under consideration by the EU range from "relatively few trading activities," such as speculative proprietary trading, having to be split off, to a more radical solution where "all wholesale and investment banking activities would need to be ... See all stories on this topic » |
EU bonus cap could hit 10 times as many London bankers -PwC Reuters Jon Terry, a partner at PwC, said the 500,000 euro threshold would increase the number of staff subject to bonus capping perhaps by as much as 10 times for some investment banks operating in London in comparison with current UK rules. "This will create ... See all stories on this topic » |
Why Citigroup Skyrocketed This Week Motley Fool On Wednesday, the superbank reported that it settled with Lehman Brothers Holdings -- the last remnants of the once-mighty Lehman Brothers investment bank -- for a $1.2 billion priority claim "over disputed amounts owed on foreign-exchange trades. See all stories on this topic » |
Kovacevich Says Only About 20 Institutions Caused Credit Crisis Businessweek "About half of those were S&Ls. The other 10 were basically investment banks, not commercial banks," he said, referring to savings and loan institutions. There are more than 7,000 other U.S. banks "that are being punished that did nothing wrong," he said. See all stories on this topic » |
Not a tax haven, shared info on 170 cases: Mauritius to India Firstpost They also provide specialised services such as fund administration, custodial services, trusteeship, structured lending, structured trade finance, international portfolio management, investment banking, private client activities besides treasury and ... See all stories on this topic » |
Tullett Prebon's "Hold" Rating Reaffirmed at Shore Capital Stockbrokers (TLPR) Mideast Time Tullett Prebon (LON: TLPR)'s stock had its "hold" rating reaffirmed by Shore Capital Stockbrokers in a research note issued on Friday, ARN reports. A number of other analysts have also recently weighed in on TLPR. Analysts at Espirito Santo Investment ... See all stories on this topic » |
Financial inclusion, Pandit's key challenge in JM deal: E&Y Moneycontrol.com While Pandit's substantial amount of banking knowledge is a positive, his experience is limited to working in a multinational like Citigroup Inc and Morgan Stanley. On the other hand Kampani comes purely from merchant and investment banking background. See all stories on this topic » |
AUB stocks jump 9.5% in market debut Philippine Star AUB is owned by a consortium of Filipino industrialists, Taiwanese investment banks and Singapore venture capitalists. Republic Biscuit Corp., the Philippines' leading manufacturer, distributor, and exporter of snack food products, owns 44 percent of AUB. See all stories on this topic » |
Oil price reporting system - Platts - is 'vulnerable to abuse' Daily Mail Every major investment bank's trading floor has a number of different 'tribes'. There are the barrow-boy bond traders and the nerdy research analysts, the upper-crust equity salesmen and the derivatives 'rocket scientists'. But at the four banks I ... See all stories on this topic » |
Foreign banks see red in China IFR Asia The many global banks that have established securities joint ventures in China knew their investment would take time to pay off. The latest numbers, however, show that process may be taking longer than expected. Five out of 10 JVs involving a foreign ... See all stories on this topic » |
HSBC to cut 14000 jobs IFR Asia HSBC plans to cut up to 14,000 more jobs as it increases its efforts to reduce costs over the next several years, although the London-based lender suggested that its investment banking operations would largely be spared. The bank said its strategy ... See all stories on this topic » |
Wells Fargo Stock Rises to Record Close Amid Home Market Rebound Businessweek Results were also helped by the 2008 purchase of Wachovia, which added East Coast branches, an investment-banking unit and a retail brokerage. The bank dominates the U.S. mortgage business, where it originated almost 3 in 10 home loans last year. See all stories on this topic » |
The periphery's problem is an incomplete internal devaluation The Economist (blog) And we are orders of magnitude away from the capital the European Investment Bank would need in order to act as transmission mechanism for these losses. Far more likely, on current trends, is a debilitating crunch and wholesale restructuring of the ... See all stories on this topic » |
Moody's Upgrade Lifts Turkish Banks to New High: Istanbul Mover Businessweek Banks pushed Turkish stocks higher a day after Moody's Investors Service raised the country to investment grade and the central bank cut interest rates to a record low. The 16-member banking index climbed 0.8 percent to 198,791.52 points at 4:14 p.m ... See all stories on this topic » |
Big banks get boost under new swap rules Chicago Tribune In a sign of how fundamental the changes for the industry are despite the compromises, the Securities Industry and Financial Markets Association (SIFMA), an investment banking lobby, said it "strongly disagreed" with the commission's rules. "(We ... See all stories on this topic » |
Wall Street Bonuses, Staff Levels to Rise in 2013: Report - CNBC.com CNBC.com Johnson Associates predicts that senior bank executives will receive bonus increases of 5 percent to 15 percent, with investment bankers getting the biggest potential bonus increases of up to 20 percent. The firm, headed by long-time industry pay ... See all stories on this topic » |
More FICC staffing cuts expected International Financing Review Top banks may not only be looking to cut risk-weighted assets but also the traders associated with them. Market research firm Tricumen said it expected the top 12 global investment banks to trim staffing levels at their FICC trading units barring an ... See all stories on this topic » |
Lloyds Bank share price hits taxpayer break-even level BBC News Lloyds Banking Group's share price passed 61.2p in morning trading, the break-even point for the government's investment in the group. British taxpayers own 39% of Lloyds after the government pumped £20.5bn ($31.4bn) into the debt-laden bank in 2009. See all stories on this topic » |
MARKET REPORT: Rampaging bulls believe a new milestone is on the horizon ... This is Money There are only 29 trading days left until former Goldman Sachs investment banker Mark Carney steps into the Bank of England Governor's shoes and the UK market continues to fly. Rampaging bulls believe the Canadian could arrive in the City of London in ... See all stories on this topic » |
ECB can only do so much to help SMEs, says Coeure Reuters ECB President Mario Draghi said earlier this month the central bank had set up a taskforce with the European Investment Bank to address the issue, adding "we view this institution as the best suited to handle matters in this field. We do not have a ... See all stories on this topic » |
Big Bank Phobia: Liquidity, Stupid, Not Just Capital TheStreet.com Like Goldman, the investment bank became a bank holding company during 2008, so a comparable tangible common equity ratio isn't available for the end of 2007. However, based on the reported numbers, Morgan's ratio of total shareholders' equity to total ... See all stories on this topic » |