mergers news from FierceFinance
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Turning bullish on asset managers?
Obviously, the market carnage toward the end of last year was pretty devastating for asset managers. As assets sank, so did their stocks. But it also prompted some cost-cutting and a renewed drive... Read more...
Are we in for small-bank consolidation?
There are more than 8,300 banks in the United States, nearly 10 fewer than five years ago, notes CNNMoney. But the economics of the industry are such that we may be in for an active period of... Read more...
BlackRock looking for deals
People have been expecting some consolidation in the asset management industry for a while now. If we do see some deals, what are the chances that BlackRock will be involved? Pretty good, according... Read more...
A new cycle in the hedge fund industry
AllAboutAlpha.com notes that there are two fairly common criticisms of the recent boom in the industry: The rampant growth allowed inferior managers into the mix, and alpha opportunities were simply... Read more...
Richard Bove: Sell Goldman Sachs
Analyst Richard Bove has reiterated his sell recommendation on Goldman Sachs and cut his earnings estimates. For the year ending November 30, he now predicts $14.16 per... Read more...
Bank merger deals not likely
At a time when banks need huge capital injections, there's always a renewed focus on costs and efficiencies. You might have thought that such an environment would be ideal for some strategic mergers,... Read more...
Can John Paulson do it two years in a row?
John Paulson was the toast of the hedge fund industry last year. By betting correctly and massively against subprime-related debt, his... Read more...
SPOTLIGHT: M&A volume
Not surprising here: Worldwide volume of mergers has fallen to a four-year low. There are a few bright spots: commodities and emerging markets for example. Hopefully, we'll see more strategic deals.... Read more...
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Featured career opportunity:M&A - Director - Assurance, PriceWaterhouseCoopers The Transaction
... Read more... Technology deals redux? Strategic buying opportunity
Financial News Online notes that technology mergers have soared recently, hitting nearly $200... Read more...
