peers news from FierceFinance
News
Merrill Lynch now grades stocks on a curve
Following the ground-breaking 2003 "global settlement" of tainted research charges, top banks with large retail units tinkered with their stock rating systems. Merrill Lynch became the latest to Read more...
Pimco sees hiring opportunity in Wall Street crunch
Pimco is making it known on Wall Street that it is hiring. It has apparently approached between five and 10 top banks, presumably via HR, and asked them to inform pink-slipped employees of openings Read more...
Goldman Sachs looking a bit pricey?
While Richard Bove was busy upgrading several of the top investment banks (including Goldman Sachs), Read more...
Meredith Whitney on Citigroup -- again
We've all heard Meredith Whitney's views on Citigroup. The CIBC analyst's latest missive contains a look at a different metric. She reckons Citigroup has more exposure to mortgages with high Read more...
UBS in hot seat with big bet
While the big guns in the industry are saddled with lots of "hung" leveraged loans, smaller players may be sensing a rare opportunity. Consider UBS. It took relatively small write downs on its Read more...
Is Citic the answer for Bear Stearns
Jimmy Cayne describes Citic Securities as the New York Yankees of Chinese brokerage firms to the Financial Times, noting also that it was the best deal to cross his desk in 40 years. A lot has been Read more...
SPOTLIGHT: Mid-market banks feeling heat?
Investment Dealers' Digest points out that while mid-market commercial and investment banks have been spared the really large headaches being suffered by their larger peers, they are not immune to Read more...
Private equity exec favors higher taxes
Leo Hindery, the managing partner of InterMedia Partners, is standing alone among private equity big shots right now. He actually Read more...
A second Bear Stearns fund to be bailed out?
Bear Stearns' deal to bail out its High-Grade Structured Credit Fund with a $3.2 billion infusion led to concerns that the second troubled fund was due for a similar parental bailout. While the Read more...