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One nice thing about the fact that Och-Ziff trades publicly is that we have a rough proxy for the entire industry. So, the good news is that the alternative investment firm beat analysts'... Read more...
People tend to assume that getting hired on Wall Street right now is all but impossible--with all the layoffs. For John Mack, CEO of Morgan Stanley, that spells... Read more...
Not too long ago, top Western banks were falling all over themselves to invest in big banks in China and elsewhere in Asia. The middle market was one of those "rare opportunities" not to... Read more...
We mentioned previously that there is a bill in the California assembly that would effectively prevent California pensions from investing in Read more...
Asia once seemed like a safe haven of sorts. But no longer. Spreads between corporate and government issues have widened and underwriting of new issues has fallen off a cliff. Read more...
While the news at Barclays has been bas as of late, there are some good things afoot. Notably, the bank's heady plans to expand in the U.S. and Asia. As of now, it is planning to hire 1,500 next... Read more...