FierceFinance is the financial services daily monitor, with news covering the banking industry, asset management, capital markets and SEC regulations. Join
45,000+ bankers and fund managers who get FierceFinance via email for a quick daily briefing from an insider perspective. Sign up today!
How trigger-happy are the markets right now? Just ask Morgan Stanley. Its shares plunged about 40 percent in one day earlier this week, as fears arose that the $9 billion investment from Mitsubishi... Read more...
We've noted that valuations have improved for some on-the-brink debts as of late, notably leveraged loans and some credit default swaps. The trading psychology seems to be improving in part because... Read more...
So who invested in Lehman Brothers? That's the big question. All we know is that Lehman intends to raise $3 billion from American institutions, not sovereign wealth... Read more...
The plunge in financial sponsor activity fortunately has not proven contagious for really small deal makers. While big and mid-market deals continue to fall, those worth less than $100 million... Read more...
Blackstone Group's 90 percent plunge in first quarter profits sent another shudder down the spine of the private equity industry. The Carlyle Group's credit fund woes certainly aren't helping things,... Read more...