With a high school degree at age 15, a college degree at 19, and a Harvard MBA at 22, media banker Lisbeth Barron got an early start on Wall Street. But after more than 20 years in the business and 11 years at Bear Stearns before its implosion, she wasn’t just looking for a place [...]
Brewin Dolphin is the only UK investment management firm to have its investment banking division headquarters outside London. Francesca Craggs speaks to Graeme Summers, who heads the Newcastle-based operation.
THINK investment banking and the City of London or Wall Street probably springs to mind. Not many people may know the North East can boast its very [...]
Like a seed, one good idea can blossom into a multimillion dollar corporation if nourished, and a diverse group of government officials, Investment Banking business leaders and entrepreneurs from three northern Utah counties are pouring on the fertilizer.
Representatives from Weber, Davis and Morgan counties aim to reap a half-billion dollars in new business growth [...]
NEW YORK (AP) — JPMorgan Chase %26amp; Co. will end up paying about $65 per share for Bear Stearns Companies Inc., too high a price for a deeply troubled company, a Punk, Ziegel %26amp; Co. analyst said Tuesday.Analyst Richard X. Bove’s comments came after JPMorgan Chase (JPM, Fortune 500) raised its per-share bid to [...]
The FINANCIAL — Merrill Lynch (NYSE: MER) announced on March 18 that it has hired nine best-in-class originators in Brazil to add to its already strong team in that country and as part of its global commitment to increase its footprint in high-growth economies.
ADVERTISEMENT
Merrill Lynch has a strong franchise in Brazil, [...]
NEW YORK (CNNMoney.com) — Morgan Stanley became the latest Wall Street firm to suffer a profit decline while beating forecasts on Wednesday, providing additional comfort to still jittery investors.The company also took a $1.2 billion mortgage-related writedown and a $1.1 billion hit on its buyout loan commitments and on securities in its subsidiary banks.Morgan Stanley [...]
NEW YORK (CNNMoney.com) — Lehman Brothers’ shares soared Tuesday after the firm reported quarterly results that topped Wall Street’s forecasts. Just a day earlier, investors had wondered about the firm’s ability to withstand the turmoil in financial markets.To be sure, the brokerage’s first-quarter figures were dismal. Profit and revenue fell sharply from last year and [...]
The FINANCIAL — Deutsche Bank Private Wealth Management (PWM) on March 11 announced it has hired some of the regions most senior relationship bankers in order to serve the Banks growing client base of entrepreneurs, business leaders and wealthy families in Hong Kong.
ADVERTISEMENT
The bankers, who will begin work [...]
The FINANCIAL — BNP Paribas is pleased to announce the creation of the Equities and Derivatives Institutional Long Only business in North America.
ADVERTISEMENT
Following its great success in developing its Institutional Flow Sales business to Hedge Funds, BNP Paribas has now commenced a significant build out of its client [...]
The FINANCIAL — Results 2007 hit historical high in difficult environment, company reports. Net income increases strongly by 13.5 percent to 8 billion euros, operating profit climbs to 10.9 billion euros.
ADVERTISEMENT
Based on preliminary figures, the Group increased revenues, operating profit and net income compared to the previous year, despite [...]
