business model news from FierceFinance
News
Tier 1 capital becoming a big issue?
Financial News Online reports that investment banks will soon start reporting Tier 1 capital ratios, something they have not done previously. (Commercial banks have been doing this for years.) That Read more...
Can Lehman Brothers be saved?
Richard Fuld, CEO of Lehman Brothers, remains convinced that the firm is on a track to recovery. More specifically, he's convinced the bank has the right business Read more...
Merrill Lynch now grades stocks on a curve
Following the ground-breaking 2003 "global settlement" of tainted research charges, top banks with large retail units tinkered with their stock rating systems. Merrill Lynch became the latest to Read more...
All hedge funds are not created equal
You would think decent performance would guarantee a long life in the hedge fund industry. But the dynamic has changed a bit. Does this Darwinian environment now Read more...
More on private equity and banks
Private equity funds traditionally have not had a lot of time for public investments (not enough control for them) and financial Read more...
Hedge funds turn away from sell-side research
Financial News Online reports that the buy side, in general, is buying much less research these days. The trend likely will continue as Read more...
Can Egan-Jones make a difference?
The Securities and Exchange Commission has granted Haverford, PA-based Egan-Jones, status as a nationally recognized statistical rating organization (NRSRO). This basically means that it now is a Read more...
Details on rogue trader's red flags
Goldman Sachs' hugely successful business model, which relies on proprietary trading, seems to be catching on at some companies. At Societe Generale, however, it has proven disastrous. The New York Read more...
Carlyle's fixed-income woes continue
The August Carlyle Group, best known as a private equity Read more...
Ken Lewis: Right on about mortgages
Not too long ago, there were a lot of rumors and press reports that Bank of America was interested in Countrywide. The AP quotes CEO Ken Lewis at the time: "We like the product, but we don't like the Read more...