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Credit crunch to lead to more outsourcing

August 13, 2008 — 5:49pm ET | By Jim Kim
We've been talking for years about how more financial services firms are outsourcing more knowledge-oriented work abroad. Junior level research and analysis started getting offshored a few years ago.... Read more...

SPOTLIGHT: E*Trade to sell stake in Indian firm

May 20, 2008 — 6:59am ET
E*Trade expects a pre-tax gain of up to $30 million from its deal to sell its stake in the India-based IL&FS Investsmart for $145 million for the company to HSBC. Read more...

Goldman Sachs eyes smaller Asian countries

November 29, 2007 — 7:59am ET
While top bank focus on China and India, Goldman Sachs has also cast an eye on smaller Southeast Asian countries. Goldman Sachs has announced internally that David Ryan, head of the financing group... Read more...

SPOTLIGHT: Morgan Stanley in India

October 12, 2007 — 6:59am ET
Morgan Stanley has entered the India sweepstakes, joining the likes of Merrill Lynch. Morgan Stanley has bought out its joint venture partner and obtained a merchant banking license. It aims to run... Read more...

Citigroup's both-sides deal raises some brows

May 17, 2007 — 8:01pm ET

Especially with financial sponsors playing such an active role in the deal scene, there are many opportunities for investment banks to seem conflicted. For the most part, people just sort of live... Read more...

Private equity firms eye emerging markets?

May 16, 2007 — 8:01pm ET

Where will big private equity firms go next? By the looks of things, the most popular overseas destination in the near future will be emerging markets, where returns are starting to sizzle. A new... Read more...

Citigroup plans retail expansion in China

April 1, 2007 — 8:01pm ET

You've probably heard that Citigroup CEO Charles Prince would like revenue from foreign sources to... Read more...

Citigroup to outsource jobs?

March 25, 2007 — 8:01pm ET

CEO Charles Prince addressed Citigroup's 22,000 employees in India and noted that future growth... Read more...

SPOTLIGHT: India

March 21, 2007 — 8:01pm ET
We've noted the rush by top banks to get their India strategies worked out. In this Read more...

Big banks maneuver in India

February 22, 2007 — 8:01pm ET

India looms as an important emerging market for top Wall Street banks. The big question is whether to enter a joint venture with a local partner or try to make it on your own. Citigroup and UBS... Read more...

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