Tag:
resurgence
Latest Headlines
Latest Headlines
Layoffs coming soon to Wall Street
Not too long ago, people were giddy about a resurgence in hiring on Wall Street. The good times seemed ready to roll. But then the economy faltered again, and top banks are finding it hard to regain their footing.
Now analyst Meredith Whitney has predicted that layoffs will litter Wall Street
A new new era for private equity?
Until the credit crunch socked the economy, we had bought into the idea that the private equity industry was in a Golden Era. The king pins of the buyouts game--the likes of Henry Kravis and Steven Schwarzman--were riding high. They were adored by society, revered as capitalism giants. The PR,
More on the IPO resurgence
Wall Street firms--especially private equity firms and specifically venture capital firms--have been waiting for a resurgence in the IPO market for years. Now it seems to be happening, albeit slowly.
As the market builds, some are noting some positive signs. The buy-side seems to be a bit pick
The new order on Wall Street
Bloomberg offers an interesting article that notes the big survivors on Wall Street--Goldman Sachs, Morgan Stanley and JPMorgan Chase--are benefiting from a return to tradition in a few ways: Spreads on bond and equity transactions are widening, and rates are up for vanilla corporate loans. Th
Sell-side research resurgence?
The 2003 Wall Street research settlement changed the game for sell-side research outfits. With their links to the revenue-generating banking units severed, the idea that they were devalued was widespread. Some top banks flirted with the idea of jettisoning sell-side research all together, but the
The past, present and future of junk bonds
There's been a good deal of debate about the role of junk bonds in the ongoing credit crunch. Martin Lipton says the junk bond is the fount of it all. A Financial Times columnist weighs in, seeming to agree more with Lipton. One of his points is that we still do not know whether the high-
