FierceFinance is the financial services daily monitor, with news covering the banking industry, asset management, capital markets and SEC regulations. Join
45,000+ bankers and fund managers who get FierceFinance via email for a quick daily briefing from an insider perspective. Sign up today!
Have we seen the worst of financial services job cuts? Well, here's one way to look at it: If banks were bent on maintaining their compensation ratio--that is, their compensation costs as a... Read more...
A poster on Seeking Alpha takes analysts to task for what he considers really awful performances as of late. There's a been a lot of talk about how inaccurate analysts have been in their forecasts.... Read more...
What do the following execs have in common? Justin Abelow, Deutsche Bank's managing director of financial sponsors, Mike Bingle, Silver Lake managing director, and Cathy Leonhardt, Peter J. Solomon... Read more...
Goldman Sachs financial services analysts have stamped Citigroup with a sell. They say that the bank may have to write down as much as $11 billion for the fourth quarter, after taking a $6.5 billion... Read more...
The news that Nuveen was purchased by private equity firm Madison Dearborn Partners is yet another example of how private equity funds are increasingly going after financial services funds.... Read more...
If you're rich, the financial services would like to know how you feel about mutual funds and a host of alternative investments. There have been several attempts to figure it out. A study by... Read more...