fixed income news from FierceFinance
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The secret to Goldman Sachs' success
Analyst Richard Bove is not mystified by Goldman Sachs' ability to out-earn its peers. He tells TheStreet.com: "Goldman is just better, because they do it right. The people they put into the system... Read more...
New Goldman Sachs approach to fixed income?
Goldman Sachs Asset Management seems to be growing more bullish on fixed income. It will add to its exposure over the next three to six months, perhaps starting with financial issues, reports... Read more...
What to make of Goldman Sachs' earnings?
Goldman Sachs' earnings report, delivered a day earlier than expected, was much better than expected. Total revenue was $11.88 billion in the first quarter versus a consensus forecast of $7.20... Read more...
Goldman Sachs earnings tumble in 4Q
This was somewhat expected; Goldman Sachs reported fourth quarter negative net revenues of $1.58 billion and a net loss of $2.12 billion. That translates into a diluted loss per share of $4.97 vs.... Read more...
Neuberger Berman managers to buy company
When Lehman Brothers went belly up, the fate of asset management firm Neuberger Berman--which is considered a crown jewel--was thrown up in the air. Bain Capital and Hellman & Friedman thought it... Read more...
Did disgraced Goldman Sachs analyst flee the country?
Remember David Pajcin, the former Goldman Sachs fixed-income analyst? Along with his partner in crime, he led a massive insider trading ring that spectacularly fell apart in 2005. The global insider... Read more...
Lehman Brothers closer to Neuberger Berman deal?
CNBC.com reports that Lehman Brothers is moving quickly to sell prized fund company Neuberger Berman. The partners of the asset management unit were told by executives that they may even meet with... Read more...
Now hear this: Morgan Stanley is hiring
People tend to assume that getting hired on Wall Street right now is all but impossible--with all the layoffs. For John Mack, CEO of Morgan Stanley, that spells... Read more...
Wall Street's need for a new gravy train
Consultant Larry Tabb is among the most astute observers of Wall Street, especially at that critical nexus where trading meets technology. In a recent commentary, he notes that fixed-income for the... Read more...
