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Goldman Sachs' revenue slumps 20 percent

Oct 17, 2013

Goldman Sachs' revenue slumps 20 percent

Goldman's stock, which was recently added to the Dow Jones industrial average, fell $4.2 or 2.6 percent, to $158 in pre-market trading. #Goldman Sachs #EarningsShow #investment banking #Q3results
US regulator sues UBS, Morgan Stanley, 7 others over faulty securities

Sep 24, 2013

US regulator sues UBS, Morgan Stanley, 7 others over faulty securities

A US regulator filed lawsuits against Morgan Stanley and eight other banks over the sale of nearly $2.4 billion in mortgage-backed securities to two credit unions that later failed, according to a filing. #Morgan Stanley #Mortgage #Goldman Sachs #Royal Bank of Scotland #UBS #Barclays #Investment banks #Securities
Morgan Stanley cuts 1,600 jobs as business languishes

Jan 10, 2013

Morgan Stanley cuts 1,600 jobs as business languishes

The staff cuts are a symptom of the current ailing business environment in which Wall Street banks are operating, with few areas of revenue growth to improve profits. #Morgan Stanley #Wall Street #investment banking #Jobcuts
BSE chooses 14 lead banks for its IPO early next year

Dec 06, 2012

BSE chooses 14 lead banks for its IPO early next year

Bombay Stock Exchange (BSE) has chosen 14 banks for its initial public offering in the first half of 2013, Ashishkumar Chauhan, managing director and chief executive officer at the exchange, told Reuters on Thursday. #CorporateStrategy #ICICI Bank #IPO #BSE #Investment banks
UBS set to begin 400 job cuts today: WSJ

Oct 24, 2012

UBS set to begin 400 job cuts today: WSJ

UBS has already pledged to cut 3,500 jobs as part of earlier cost cuts, but this is seen as too little by most analysts given a dramatic slowdown in investment banking business #UBS #investment banking #cost cutting #Jobcuts

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Positive signs: Is the economy nearing a U-turn to better times?

Jul 05, 2012

Positive signs: Is the economy nearing a U-turn to better times?

There's a flurry of activity on Deal Street and positive signs from New Delhi. Are we finally heading back on track? #DealStream #investment bank #India Inc #Pranab Mukherkee

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Positive signs: Is the economy nearing a U-turn to better times?

Jul 10, 2014

JPMorgan hires UBS's David Li to be new China head

JPMorgan Chase & Co (NYSE:JPM) said it has hired former UBS AG banker David Li as its new China head, reinforcing its investment banking clout in the world's second-largest economy after the departure of top China banker Fang Fang in March... #China #UBS AG #David Li #NYSE #J.P. Morgan Chase & Co.
Positive signs: Is the economy nearing a U-turn to better times?

Jul 01, 2014

Pershing Square Said to Hire Credit Suisse for Allergan Fight

It is an unusual assignment for Credit Suisse, which has one of the most prominent activist defense teams on Wall Street, and for a major investment bank in general... #Wall Street #Allergan, Inc. #Pershing Square Capital Management
Positive signs: Is the economy nearing a U-turn to better times?

Jun 28, 2014

Banker hubby sues real estate ex for nanny cash

The nanny nightmare is back in court. A quarrelling big-bucks Upper West Side couple — whose bitter divorce made headlines after a nanny accused the real estate executive mom of sexually abusing and starving her twins — are back at each other’s throa... #Wall Street #Allergan, Inc. #Pershing Square Capital Management
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