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Global bailout fund a nonstarter?

We note recently that some people are now in favor of a global bailout fund that would rescue large multinational banks when they run into trouble. The idea was floated at Davos and a few large... Read more...

Time for a global insurance fund

Frankly, it's getting harder for banks to argue against the idea of some sort of resolution fund for big banks. To argue that big banks should exist because you can trust the executives to make... Read more...

A good start to the deal year?

Bloomberg quotes one analysts as saying Kraft's $19.7 billion deal for Cadbury represents "the lowest multiple in the industry over the last decade. A year from now, Kraft will be singing the praises... Read more...

Regulators look at synthetic CDOs

Recall the recent media eruption over Goldman Sachs' (GS) ABACUS deals. The New York Times weighed in with an article that re-ignited the issue. McClatchy also ran a string of stories probing the... Read more...

A novel PR ploy

Top banks face some huge PR challenges at the moment, and some, notably Goldman Sachs (GS), are aiming to blunt a public outcry by emphasizing charitable giving and good works. Deutsche Bank (DB) has... Read more...

Deutsche Bank's wrong-way bet

Deutsche Bank did not intend to own a casino outright, but it was forced to jump into the ownership game when developer Ian Bruce Eichner couldn't meet his debt payments last year. The bank had no... Read more...

Deutsche Bank faring well--or not

When people talk about banks that have fared well in the crisis, JPMorgan Chase (JPM) and Goldman Sachs (GS) get mentioned early. For a while Deutsche Bank (DB) was mentioned as well, almost in the... Read more...

And the league table winner is...

Morgan Stanley has bested its archrival Goldman Sachs in the global and U.S. deal league tables, Reuters notes. Morgan Stanley graces the top of the worldwide list now; it worked on 202 deals worth... Read more...

A new prime brokerage powerhouse?

We've noted that a lot of jockeying is going on in the prime brokerage market. The likes of JPMorgan Chase, Deutsche Bank and Barclays are rising up to challenge the big two, Goldman Sachs and... Read more...

New powers in prime brokerage

At the nadir of the credit crunch, the conventional wisdom was that the prime brokerage business was going to fade. Most assumed that Goldman Sachs and Morgan Stanley, as bank holding companies, were... Read more...