Tag:

investment banker

Latest Headlines

Latest Headlines

Banker boyfriend from hell

Lots of people think that an investment banker or trader would be a good catch as a boyfriend or girlfriend. They're right in many cases, but wrong in so many others. MailOnline offers up another sordid banker tale: A JPMorgan investment banker has been convicted in London of harassing his

Should London fear China?

Back in the 1980s, Wall Street was beset with fear over Japan, which was rising out of the Far East, seemingly buying up all of New York and making deep in-roads on Wall Street. Names like Nomura and Daiwa loomed as possible rivals to the big bond dealers in Manhattan. It became a huge public poli

Massive internal rift hampers Morgan Stanley

All is not well in the Morgan Stanley empire. And once again, the source of friction is that time-honored divide pitting bankers against traders.  Bloomberg offers an arresting inside peek at the power struggle between Colm Kelleher, 54, "a gregarious former fixed-income salesman," and Pau

Frank Quattrone gets the best deals for targets

Frank Quattrone is definitely back. The controversial investment banker who fought a knock-down drag-out with criminal prosecutors---and won!---has been the banker in the middle of some of hottest deals in the tech industry recently. According to Breakingviews , he's been amazingly successf

Goldman Sachs bets on cloud computing

Goldman Sachs ( NYSE: GS ) is obviously interested in jumping into promising technologies before they get bid up, and you can't deny that it has taken some interesting, marketing-driven approaches. The Facebook investment was a great example of how the company can innovatively jump in early and

Bankers increasingly take CEO job at top companies

We've noted recently that bankers seemed to have the upper hand within diversified banks, as the traders have stumbled. Dealmakers are more likely to keep their job, and are perhaps poised to take a greater role in management. In Europe, bankers are taking over CEO spots at an impressive clip, not

Wilbur Ross showing the way on bank buyout

We noted recently that purchases of distressed banks by private equity ( private equity news) firms are dicey propositions these days; despite the need for more private cash in these deals, the FDIC has set up some hurdles that have been proven prohibitive in some cases. But Wilbur Ross has fou

Clients wary of Goldman Sachs as it applies its 15th principle?

In Goldman Sachs we trust? It's getting a bit harder perhaps. No matter how the SEC's ( SEC news) civil complaint against Goldman Sachs ( NYSE: GS ) is resolved, it has certainly had an impact on the firm. Most importantly, it has pierced the patina of rectitude that the corporate world i

The lessons of Greenhill & Co.

We've suggested that boutique investment banking firms were poised for growth as the big-name investment banks struggle. It certainly seems to be playing out that way for Greenhill & Co. IDD notes: The firm "has become a haven for investment bankers who were either looking to escape fr

Goldman Sachs shows the way

Goldman Sachs ( GS ) thoroughly trashed analysts' expectations, posting earnings of $8.20 a share versus expectations of $5.20 a share. This gave the stock an early shot. Investment banking and trading were strong, but the big news was the company's willingness to cut back on how much it pays em