Investment Bank

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Investment Bank - Total results - 12
The Great Indian NPA Mess: Banks, govt and industrialists worked together to kick bad loans can down the road
Business

The Great Indian NPA Mess: Banks, govt and industrialists worked together to kick bad loans can down the road

We now have one big problem which the Narendra Modi government is trying to postpone further by merging different public sector banks. The trouble is bringing two rotten eggs together is only going to lead to another rotten egg

Struggling SoundCloud receives new funding from Raine Group of New York and wealth fund Temasek
News & Analysis

Struggling SoundCloud receives new funding from Raine Group of New York and wealth fund Temasek

SoundCloud, the world's most popular streaming music app said it received new funding on Friday, the company laid off 40 percent of its staff in July.

Anshu Jain, once the poster boy of Deutsche Bank, now joins US-based Cantor Fitzgerald
Business

Anshu Jain, once the poster boy of Deutsche Bank, now joins US-based Cantor Fitzgerald

The financial services firm wants to cash in on the Jain's experience of handling several investment products across Europe, and hence plans to grow its investment banking business in the region

Investment bank hired by Yahoo  to sell about 3,000 patents
News & Analysis

Investment bank hired by Yahoo to sell about 3,000 patents

Yahoo Inc has hired boutique investment bank Black Stone IP LLC to sell about 3,000 of the internet company's patents, the Wall Street Journal reported, citing people familiar with the matter.

$3 billion bid to be submitted by Verizon for Yahoo's internet business according to reports
News & Analysis

$3 billion bid to be submitted by Verizon for Yahoo's internet business according to reports

Verizon Communications Inc plans to submit a second-round bid of around $3 billion for Yahoo Inc's core internet business, the Wall Street Journal reported, citing people familiar with the matter.

Verizon turns to former Yahoo bankers for bid: Report
News & Analysis

Verizon turns to former Yahoo bankers for bid: Report

Verizon Communications Inc is working on its bid for Yahoo Inc's core assets with an investment bank which was, as recently as last year, one of the U.S. internet company's top advisers, people familiar with the matter said.

HSBC to cut 50,000 more jobs, shrink investment bank division
Business

HSBC to cut 50,000 more jobs, shrink investment bank division

25,000 staff to be reduced from Brazil and Turkey units and another 22,000-25,000 by consolidating IT and back office operations

MF Global nears asset sale, bankruptcy for holding firm
Business

MF Global nears asset sale, bankruptcy for holding firm

As per a tentative plan, MF Global's holding company would file for bankruptcy protection and derivatives trader Interactive Brokers would buy the assets.

UBS shows Gruebel the exit door, Ermotti new CEO
Business

UBS shows Gruebel the exit door, Ermotti new CEO

The board has asked the management to accelerate an overhaul of the investment bank already under way "concentrating on advisory, capital markets, and client flow and solutions businesses".<br /><br /> <br /><br />

Deutsche ends 2-year succession race; Jain, Fitschen to take over as co-CEOs
Business

Deutsche ends 2-year succession race; Jain, Fitschen to take over as co-CEOs

The compromise solution to the bank's leadership succession could complicate decision-making at the top.