Latest News on Investment Banks
Showing of 0 - 10 from 24 results
Investment Banks - Total results - 24
Jun 02, 2012
Banking sector to consolidate globally, says Anshu JainBerlin Banking sector is set to consolidate globally with only five or six lenders emerging as major players and Deutsche Bank should be among them, says Anshu Jain.
Jun 01, 2012
D-day: Can Anshu Jain take Deutsche Bank to new heights?Anshu Jain has taken over as the first India-born co-chief executive of Deutsche Bank, marking the beginning of a new era in the German lender's 142-year history amid hopes that he would take the orgainsation to new heights globally.
May 30, 2012
Morgan Stanley gets banking licence from RBIThe licence would enable Morgan Stanley to expand its offerings to wealth management, corporate banking and foreign exchange from its current services.
May 29, 2012
JPMorgan sells profitable securities to offset 'London Whale' lossesThe Bank sold profitable securities to offset losses to avoid a hit in the second quarter earnings. But experts believe that they made a stupid mistake by taking risks with derivatives they did not understand.
May 14, 2012
JPMorgan's $2 bn loss: Fed regulators caught sleeping?JPMorgan's $2 billion-plus trading loss raises serious questions about whether the regulators were asleep at the wheel or whether it is too much to expect them to keep up with the financial engineering conducted by complex institutions with diverse, global operations.
Mar 20, 2012
Goldman Sachs cuts staff in annual review processGoldman Sachs Group Inc has begun a new round of staff cuts in its trading and investment banking divisions, three sources familiar with the matter said, a sign of a continued penny-pinching on Wall Street.
Dec 28, 2011
Morgan Stanley to lay off 580 employees in NYCThe cuts in New York will come from the investment bank's offices at 1221 Avenue of Americas, 1 New York Plaza, 1585 Broadway and 750 Seventh Avenue, according to the filing with New York State's Department of Labor
Dec 16, 2011
Morgan Stanley to cut 1,600 jobs, relocate back-office jobs to IndiaIn a sign of the times, Morgan Stanley joined the legions of financial firms shedding jobs by announcing plans on Thursday to eliminate 1,600 jobs.
Nov 10, 2011
IPO slump drives Asia bankers towards block dealsFor investors on high alert over Europe's debt troubles and concerned about a slowdown in the US and Chinese economies, buying into existing companies through block sales may be more tempting than venturing into untested IPOs.
Oct 04, 2011
UBS Q3 credit gains to cancel out trading losswiss bank UBS AG said it expects to report a modest third-quarter net profit, easing concerns about the impact of the $2.3 billion rogue trading loss uncovered last month as the bank chalks up gains on credit derivatives.