Tag:

conflicts

Latest Headlines

Latest Headlines

Sell-side analysts still bullish on Goldman Sachs

Despite tough operating conditions and slowing demand, Goldman Sachs has plenty of bullish analysts by its side, correct? A Forbes columnist notes that of the 32 sell-side analysts who follow the stock, only one recommends selling the stock. Seventeen still rate it as a buy, while 14 other

SEC proposes ban on shorting structured products

If there's one thing that infuriated critics during the great structured product implosion, it was the practice of banks taking positions on various trades that seem to put it at odds with some clients. It does seem tawdry when an investment banks issues various securities to clients, and then

Small towns suffer from interest rates swaps

This is where high finance meets the asphalt: Small towns that bought interest rate swaps. Lots of little cities bought in, essentially betting that interest rates would stay low or move in their favor. Like a lot of homeowners who plunged into risky mortgages unaware of the future, all was well f

Conflicts when PE firms start trading debt?

Private equity firms have made no secret that they have little choice but to dabble in distressed debt. The deal business has stalled, and on the surface trading debt seems like a logical move. But TheDeal.com notes that limited partners are not all together comfortable with the idea. For

Synergies between commercial and investment banking?

Not too long ago, as Glass Steagall crumbled, investment banks feared that commercial banks would leverage their lending relationships into investment banking relationships. The advantage seemed huge. At Bank of America, the issue cropped up again with a huge twist. According to the Financial Ti

Banks vulnerable over auction rate securities mess

We've noted often that prosecution and regulatory activities follow scandal. The New York Times highlights an area that many have identified as rife with conflicts: the auction rate securities market. MA regulators have released emails from UBS executives that make clear that bank conflicts--t

Not even Goldman Sachs can escape the turmoil

Just a month ago, Goldman Sachs was the envy of Wall Street for its prowess in alternative investments. It seemed to have cracked the nut, making money every which way, dealing with the conflicts. Now, the company is like all the others, aiming to assure its many constituencies that all is well.

Goldman works hard to avoid conflicts

There has been a lot of hand-wringing over the many conflicts that top investment banks have

Blankfein leads Goldman Sachs to new heights

Remember the old days of Greed and Glory on Wall Street ? It used to be that traders and bankers were at constant loggerheads. Traditionally, the genteel bankers held the real power. But

Worries remain over consultants and institutions

The issue of consultants who advise institutions on where to invest and whether they should receive fees from money managers has lingered long in the industry. More seem to be cognizant of the