Vikram Pandit
Position: CEO
Age: 50
Home: Nagpur, India
Career: After two decades at Morgan Stanley, left with a few colleagues to start the hedge fund Old Lane Partners, which Citigroup bought in mid-2007 for $800 million; at first was in charge of Citi’s alternative investments, then added the bank’s markets and banking unit.
Education: [...]
Share buy-backs are booming: BT is apparently about to spend %26pound;2bn on one - roughly double the cost of its annual dividend payment. Vodafone, Shell and BP have already spent a combined %26pound;21bn on them. According to Morgan Stanley, British companies will have spent %26pound;46bn buying back their shares in 2006, close to the %26pound;62bn [...]
CALGARY - Societe Generale’s financial-services arm is acquiring Canadian Wealth Management Group Inc., a well-known private financial advisory firm in Calgary catering to wealthy clients.
Financial terms of the transaction were not disclosed but it resembles the Paris-based banking giant’s successful attempt two years ago to gain entry into the tight-knit Calgary oilpatch, when SG’s investment-banking [...]
McFarlins attend Fusion Advisor Network meetingHunter and Linette McFarlin, principals of McFarlin Financial in Murfreesboro, recently attended a Fusion Advisor Network meeting in Chicago, Ill. where they participated in a number of seminars and presentations on new resources, tools, technology and planning techniques they can bring to their clients.As a member of the Fusion Advisor [...]
The board is scheduled to meet today and tomorrow to discuss whether to appoint Mr Pandit Investment Banks, the head of investment banking, or another candidate, such as Robert Willumstad, Investment Banks a former president of the bank.
Tags: Alternative Investment, Alternative Investments, Bank, chief executive, citigroup, edge fund, exec, hedge fund, Investment Bank, Investment Banking, [...]
Many Israeli corporations and individuals are expanding their businesses across the globe and there is a growing demand for leading international financial institutions to support these efforts Investment Banking.
Tags: Alternative Investment, Alternative Investments, asset class, asset classes, asset management, Bank, credit suisse, financial institutions, international, Investment Bank, Investment Banking, investment market, investment products, mutual funds, [...]
Just a month ago Alternative Investment, Goldman Sachs was the envy of Wall Street for its prowess in alternative investments. Alternative Investment It seemed to have cracked the nut, making money every which way, dealing with the conflicts. Now, the company is like all the others, aiming to assure its many constituencies that all is [...]
Alternative Investment In these troubled times for even the big-names, we are hearing a lot of skepticism about the future of hedge funds Alternative Investment. Perhaps the most dire predictions comes from Jeremy Grantham, chairman of Grantham, May, Van Otterloo & Co.
Tags: Alternative Investment, Alternative Investments, credit crisis, edge fund, hedge fund
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The window for many alternative investments shops to go public may be closing Alternative Investment. Just look at the aftermarket activity of The Blackstone Group.
Tags: Alternative Investment, Alternative Investments, blackstone group, lehman brothers
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Alternative Investment Despite the hedge fund woes we’re now seeing, Alternative Investment it’s fair to say that asset managers of all stripes are bent on getting into alternative investments. The conventional wisdom is that that is what high net worth customers want Alternative Investment.
Tags: Alternative Investment, Alternative Investments, asset manager, asset managers, edge fund, hedge [...]
