Tag:
bulge bracket
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Latest Headlines
Traditional LBOs too pricey right now
The big deals announced this year have definitely been of the strategic variety, which is good news to the industry bankers at the bulge bracket investment banks. For the big financial sponsors, however, this is lamentable news. They are not seeing the same opportunities that corporate buyers are.
In deal boom, small boutiques to fare well?
The deal resurgence we've seen over the past few months has investment bankers giddy at firms large and small. The bulge bracket investment banks are as busy as ever, as are the big-name boutiques, such as Qatalyst, Evercore, Wasserstein Perrela and others. But what about the really small boutique
Greenhill & Co. earnings tank
Boutique trading firms as well as investment banking firms were all the rage just two years ago. We've noted that the conventional wisdom at the time was bulge bracket firms were debilitated by the financial crisis and a recovery would take many years, especially during a tough regulatory clim
Uncertainty lingers over earnings at Goldman Sachs, Morgan Stanley
Goldman Sachs ( NYSE: GS ) and Morgan Stanley ( NYSE: MS ) will not report second quarter results until late July. But there's been an unusual amount of analyst activity regarding the bulge bracket banks, still the biggest brands in investment banking.
Research analysts have been pretty aw
Is a new world emerging on Wall Street?
The big news over the next week or two will be the fate of the financial reform bills that must be melded in Congress. Some have decried the reform package as " wimpy ," while others have suggested it is a profound effort that will remake Wall Street and banking as we know it--the biggest reform
GM IPO lead underwriter decision coming soon? Goldman Sachs to be passed over?
Bloomberg reports that the U.S. Treasury and General Motors ( General Motors news) may choose a lead underwriter for the automaker's widely anticipated initial public offering as soon as this week.
GM, which is more than 60 percent owned by the government, would like to sell shares to t
Big winner in post-crisis banking?
Did the financial crisis remake the banking landscape? Two big, bulge-bracket banks bit the dust of course. Two others became commercial banks. Several others just got off the government dole. Who will emerge as the big winners? Article
(bulge bracket, commercial banks, financial crisis)
Sell-side research tops buys-side
We noted recently that bulge-bracket firm research has lost some market share, as of late . But the news isn't all bad--at least when it comes to scoring sell-side research against buy-side research.
A recent study from Harvard Business School and the University of North Carolina has found
Big firm research still in decline?
The future of independent research was questioned when the five-year agreement stipulated in the "global settlement"--firms had to provide independent research over that period--expired not too long ago. Some thought the gains would quickly evaporate. But the demise of some big-name sell-side firm
Big winners in M&A shakeout
Mergers and acquisitions are far from dead. Investment bankers, the ones that are still employed anyway, have plenty to do. In fact, we're seeing some interesting market-share dynamics at work. Bloomberg notes that Pfizer's purchase of Wyeth was a big win for Goldman Sachs and JPMorgan (both a
