Tag:

business model

Latest Headlines

Latest Headlines

Goldman Sachs at a critical turning point

Are we at an inflection point for Goldman Sachs? While executives maintain there has not been a secular change in demand such that an all-new business model is necessary, there are plenty of reasons to think that the industry has been meaningfully altered. The rise of the Dodd-Frank era just might

Jefferies' wild ride reflects "who's next" skittishness

It's a hair-trigger environment out there in the wake of the demise of MF Global. People are wondering who's next, and the spotlight unfortunately fell on Jefferies this week. The stock tanked 20 percent quickly on Thursday. Trading was halted. Worries ramped up, as  people whispered about liq

Hedge fund inflows are no performance guarantee

AllAboutAlpha.com makes an interesting point about the recent inflows we've see into hedge funds: Inflows may not strictly be correlated with strong performance. While the conventional wisdom holds that strong performance attracts fund investors, the equation doesn't always hold. To be sur

Lloyd Blankfein's legacy at Goldman Sachs still uncertain

What will be the legacy of Lloyd Blankfein? Let's assume for the moment that the CEO of Goldman Sachs will stay on the job until some point in the future when he will be free to step down unencumbered by an assumption that he was forced for regulatory reasons. That will allow for a retrospective i

Goldman Sachs partner diaspora leaves a changed firm behind

Could it be that some of the management missteps that dogged Goldman Sachs ( NYSE: GS ) through the financial crisis resulted from the firm's long but awkward transition from a private partnership to a publically traded company? After going public, the partnership culture slowly diminished even

Banks girding for long period of slow growth?

Not too long ago, it was fashionable to say the worst of the financial crisis had passed. Now it's becoming evident that such pronouncements are premature. Bloomberg reckons that after reporting record revenue in 2009, the top six banks' combined revenue fell by an average of 8 percent in the

The true significance of venture capital

When it comes to alternative investments, venture capital has taken a back seat to hedge funds and leveraged buyout funds over the last few years. Indeed, we've been bemoaning the state of the industry for a while. What's the new business model? What's the next big thing? Business Week not

Is it really Gorman's bank?

James Gorman will become the top dog at Morgan Stanley on Jan 1. We've noted that he'll be taking over a bank in transition; the business model is hardly set in stone. A Barclays Capital analyst tells the AP that the firm is still in "soul-searching mode" as it looks to emerge a post-credit cr

Morgan Stanley's future in prime brokerage

What are Morgan Stanley's intentions in the prime brokerage model? Well, fairly or not, the perception has developed as of late that it was seeking a new business model that relied less on leverage and anything seen as risky. Many assumed it wanted to ratchet back in prime brokerage, after having

Vikram Pandit comes out swinging

This may strike some as a dicey PR gambit: Citigroup is starting to trot out embattled CEO Vikram Pandit to select media outlets. In an interview on CNN International, he responded to this comment right off the bat: "Mr. Pandit, you've been named as one of the worst CEOs in America. There are call