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Latest Headlines
Latest Headlines
Banks try novel tactic to sell loans
According to the Financial Times , Deutsche Bank sold at a discount and lowered a $2 billion CLO that "referenced" more than 10 other halted CLO deals. Credit Suisse also sold a $1.7 billion CLO deal comprising six loan "warehouse"-type managers. Other banks
All eyes on Wall Street earnings
The conventional wisdom on the top banks is that while the credit crunch will eat away at third-quarter earnings, out-and-out disasters will likely be averted. Many analysts have lowered their earnings estimates for the big guns . But investment bank earnings are hard to call. The most anxiety
More likely to slow the PE boom: Taxes or rates?
Well, if the stunning Blackstone Group IPO didn't mark a market top, then you've got to think that the news that
New banking power: PayPal?
There has been lots of worry spent on Wal-Mart and
See this week's featured jobs and top stories ; provided by eFinancialCareers.com ;
The future of algorithmic trading?
It's no secret that algorithmic trading is in vogue on Wall Street. But beyond
KKR looks to sign up more co-investors
Kohlberg Kravis Roberts is reportedly building out a syndicated deal team, aiming to offer more co-investment opportunities for its preferred investors. While the idea is all together new, it
Benefits of private equity firm IPO are clear
When you think about it, it makes a lot of sense for private equity executives to rail against Sarbanes-Oxley and at the same time consider a public offering. True, they will have some compliance
Blackstone Group to go public?
Now this is ironic. Part of the appeal, if not the main selling point, of a leveraged buyout these days is that companies can escape the burdens of being a publicly traded company. That is, the
Wells Fargo to issue cards to people without SSNs?
When Bank of America announced that it would give credit cards to qualified customers
