Tag:
William Tanona
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Latest Headlines
What to make of Goldman Sachs' analysts cuts
Goldman Sachs surprised some people when it was revealed that William Tanona, the firm's erstwhile financial services analyst, was among the analysts who were cut. On one hand, it seems that equity research was largely spared. Only six lost their jobs, out of a total cut of 3,300 jobs. On the othe
Goldman Sachs turns bearish on Citi
There has been a lot of talk recently that the worst of the credit crisis is over. When it comes to Citigroup , some would beg to differ. William Tanona, respected financial services analyst at Goldman Sachs , has lowered his call on many banks to neutral, but designated Citigroup as an outr
More on Citigroup's surprise common offering
People are still jawing about Citigroup 's surprise offering this week--the bank's fifth capital-raising effort in five months, notes MarketWatch . The bank raised $4.5 billion, more than the originally announced $3 billion. Still, Meredith Whitney, analyst at Oppenheimer, couldn't understa
Is Wall Street research unreliable?
Wall Street research analysts in many ways are still struggling to regain their stature. Portfolio magazine doesn't do them any favors by calling into question whether such research, especially when applied to banking, has any value at all. The fall guys here are Meredith Whitney, a star anal
