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Credit Suisse First Boston (CSFB)
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The return of Frank Quattrone
Frank Quattrone ( Frank Quattrone news), as many of you know, jumped right back into investment banking ( investment banking news) after the government gave up trying to convict him. He started Qatalyst Partners, a firm in San Francisco, to advise small technology companies in March 2008. Si
Independent research on the ropes?
The fledging independent research industry has been dealt a nasty one-two punch. The on-going financial crisis obviously took a toll, as did the expiration of the provision of the tainted research "global settlement" that required banks to buy such research for five years. The results have not bee
More analysts open their own shops
When it comes to big-name analysts opening up their own shops, we hear a lot about Meredith Whitney. But there are hundreds of others, notes Bloomberg , which calls them "Research Renegades."
The rise of these small independent shops has been nothing short of stunning. The number of indepen
How did top women execs fare in the crunch?
So how did top women executives end up, now that the worst of the credit crunch seems to have passed. Well, Minyanville offers a cheat sheet .
Zoe Cruz wants back in the game, as a hedge fund pro. Sallie Krawcheck is back in charge of a retail operation, this time at Bank of America Mer
Where are they now?
You are probably tired of reading all the "one year later" stories about Lehman Brothers. One article that goes off the beaten path a bit comes from Business Week , which takes a look at where some of the key players are now.
Dick Fuld, former CEO, has become "the poster child for corporate
The next big thing for Wall Street?
After the implosion and dismantling of the entire residential mortgage-backed machinery on Wall Street, we've often wondered: What's next? The New York Times suggests it might be securitized life settlements. The idea of buying up life settlements as an investment is not new, but now firms lik
Big banks back small insurance firm
A group of financial heavy hitters are backing a new firm that will sell insurance to small businesses and middle-income individuals. Insphere Insurance Solutions will be 80 percent owned by Blackstone, Goldman Sachs and Credit Suisse, sales agents will own about 12 to 15 percent, and management w
John Meriwether to shutter fund
"For many investors, John Meriwether is by now just another hedge-fund manager." Ouch! So says one expert to Bloomberg , which reports that Meriwether is closing down his Relative Value Opportunity II fund, after losing 44 percent from September 2007 to February 2009.
Meriwether of course i
The best prime brokers left standing
The prime brokerage industry has undergone some seismic shifts, and we're starting to see a post-credit crunch new order emerge from the rubble. While Goldman Sachs and Morgan Stanley were once the two big dogs, they have been hit hard by a move by hedge funds to diversify their holdings among mul
And the league table winner is...
Morgan Stanley has taken the top spot in the league tables for U.S. acquisitions. Reuters reports that based on data from Thomson Reuters, Morgan Stanley advised on 34 U.S. deals with a total value of just under $175 billion, while Goldman Sachs advised on 38 U.S. deals with a total value of a
