Tag:
competitors
Latest Headlines
Latest Headlines
Bonus pool 2007: Goldman Sachs dominates
It's not just that Goldman Sachs has fared really well. It's that it has done so when its competitors are really struggling. The bonus pool tells the story. This year, by one estimate (Options Group), the collective bonus pool at the top five firms will be $38 billion. Of that amount Goldman Sach
Sallie Mae saga continues
Sallie Mae announced a third-quarter loss of $344 million that seems to confirm what the banks and J.C. Flowers said about the effect of new legislation. But Sallie Mae chairman Albert Lord seems to be sticking to his guns. The company contends the new subsidy-reducing law will weed out competito
The return of strategic deals?
The popular idea now is that the Golden Era of private equity has ended. And with that comes the notion that strategic buyers will reassert themselves. It makes a lot of sense. Many companies have been hoarding cash, and that can be used as currency. Remember that all-stock deals can be structured
Surprise. The top merger advisor really is...
We noted recently that when it comes to financial sponsor-backed IPOs, the choice of underwriter seems to be significant in terms of performance . UBS, somewhat surprisingly, fared the best. Now, The New York Times takes a look at whether advisors matter when it comes to strategic deal
SPOTLIGHT: Portal
In the important battle over private placements, the Nasdaq scored a minor victory when the SEC approved its plans for Portal service. Lots of other competitors are bent on market domination, including Goldman Sachs, whose GStRUE has made a splash. Brief ( Financial Week ) | Meanwhile, the
Stock exchanges mull future, Lehman launches LX
The Financial Times astutely notes some of the big macro trends driving the exchange business these days. With all the exchanges going public, the "members clubs" of course are no more. Indeed, membership doesn't seem to carry much cachet at all. The new power players are shareholders, to who
Jockeying in the interest rate derivatives market
Credit default swaps have made a lot news for their heady growth . Indeed, the market had
Reuters to finally top Bloomberg?
One of the more fascinating stories over the years has been the bitter battle for desktop space on Wall Street. Bloomberg has emerged as the apparent winner, besting a host of competitors,
Talent defections cause for worry at more firms
Poaching from your competitors is a time-honored practice in financial services, from stock brokers all the way up to M&A kingpins. A lot of legal hours have been--and will continue to
Community banks on the rise?
Fortune notes that the FDIC added 191 new banks and savings entities in 2006. That's about double the number in 2002. Of course, the big boys dominate the industry in terms of assets. But
