Tag:
Institutional Clients
Latest Headlines
Latest Headlines
Deutsche Bank wins best prices crown, Goldman falls
So, who gets the crown for getting the best stock prices for institutional clients globally? Bloomberg has awarded the title to Deutsche Bank ( NYSE: DB ) in something of surprise. The broker displaced Goldman Sachs ( NYSE: GS ), the winner the previous year (for the 12 m
Securities lending backfires on banks
Securities lending has a reputation as a sleepy sort of backwaters on Wall Street, rife with rough-and-tumble practices as unsavory brokers search for shares that can be lent.
Wall Street banks, sensing opportunity, created programs that called for big institutional clients, mainly pensions an
Citi CEO Vikram Pandit engages analysts, investors
Michael Mayo ( Mike Mayo news) must be cringing. He has been promised an audience with top executives, but I doubt they'll roll out the red carpet. It's unclear whether that audience will include CEP Vikram Pandit ( Vikram Pandit news).
Meanwhile, Sanford C. Bernstein bank analyst John
Morgan Stanley launches research app for iPhone
Will other banks follow Morgan Stanley's (NYSE: MS ) lead and launch more iPhone and iPad apps? The "Morgan Stanley Research App" allows institutional clients to view analysts work on more than 2,600
Q2 2009 Earnings Reports
Second quarter earnings reports from Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo.
Bank of America ( BAC )
Earnings Report
Highlights:
Bank of America Earns $3.2 Billion in Second Quarter
Strong Pretax, Pre-provisio
End of an era in stock research?
What to make of the independent research movement? Whether you think it has altered the research landscape profoundly or not, it is about to morph again. Business Week reports that the "trend of shrinking coverage is expected to continue for two reasons: The financial woes of Wall Street firms
Citi to combine commercial and investment banking
There was a day, long ago when anti-trust regulators thought it wise to separate investment banking from commercial banking. But in the modern era, the idea seems quaint. According to media reports, Citi is creating a new unit that would officially combine the two disciplines. For many clients, th
Dark pool universe continues to morph
What's the hottest broker-dealer-owned dark pools service right now? Most people would say Goldman Sach's Sigma X, whose stature as a trading venue is growing, pushing
Citi's research move a good idea
Citi has confirmed that it is indeed moving its stock research unit out of Smith Barney, where it was placed following the stock research scandals of yesteryear, and back into institutional clients' business. It will become part of a new research unit that will combine fixed income and economi
