U.S. debt downgrade would hit FICC trading profits
The deal reached between Congressional Democrats and Republicans to lift the U.S. debt ceiling was greeted as good news on Wall Street. But the deal--unfortunately--did not render a debt downgrade
Dahlman Rose & Co. Appoints Glenn Starkman as Global Head of Sales Trading
Firm Further Expands Sales and Trading PlatformNEW YORK, July 21, 2011 /PRNewswire/ -- Dahlman Rose & Company, LLC, a leading investment bank specializing in natural resources, transportation,
American Express Chairman and Chief Executive Officer to Participate in the Sanford Bernstein Strategic Decisions Co
NEW YORK--(BUSINESS WIRE)-- American Express Chairman and Chief Executive Officer, Kenneth Chenault, will participate in the Sanford Bernstein 27th Annual Strategic Decisions Conference in New York,
Huntington Bancshares To Present at Sanford C. Bernstein 27th Annual Strategic Decisions Conference New York
COLUMBUS, Ohio, May 24, 2011 /PRNewswire/ -- Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com) today announced management plans to present at Sanford Bernstein 27th Annual
Atlantic Trust Strategically Expands Offices and Further Strengthens Investment Team
ATLANTA--(BUSINESS WIRE)-- Atlantic Trust, the private wealth management division of Invesco Ltd. (NYSE: IVZ), announces that Jeffrey Jacobs has joined the Chicago office as a Managing Director and
Tranen Capital Joins Singapore High Net Worth Distribution Platform
TORTOLA, British Virgin Islands, June 1 /PRNewswire/ -- Tranen Capital is pleased to announce that it has signed an agreement with iFAST Financial Pte Ltd. in Singapore, in order to offer the Tranen
Investment banking, bright spot for 2010?
There's a sense that the top investment banks are looking at another fine year in 2010, to follow their surprisingly strong finish in 2009. Which was driven in large part by FICC activity. Banks like
Stock underwriting revenues may be fleeting
Sanford Bernstein analyst Brad Hintz has issued a report discussing the strong equity underwriting activity as of late. Volume was up 86 percent through Wednesday compared to the first quarter.
Do Bank of America and the Smith Barney-Morgan Stanley deal validate wealth management?
The retail wealth management industry is not the next subprime-like growth opportunity or anything. But it represents a solid market over the next few years, and at a time like this that's saying a
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