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 [...]
Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of The Bank of New York Mellon, today announced that Ark Asset Management Co., Inc. (Ark), a leading investment management firm in the institutional marketplace, will transition its installation of the Eagle investment management suite, which is currently managed in-house, to [...]
Many people see the financial-services sector as somewhat monolithic. Not so Bank of America CEO Ken Lewis, who isn’t afraid to talk about Bank of America’s commercial-banking dominance and rub it in the face of investment banks.
In a discussion with The Wall Street Journal’s Money & Investing editor, Nik Deogun, at today’s Deals & Deal [...]
Deutsche Bank AG.’s co-head of investment banking, Anshu Jain sees ’some normalisation’ but does not consider the global financial crisis to be over yet.
‘Is the crisis behind us? Market indicators point to different conclusions,’ he said according to a presentation at an investors’ conference.
Jain estimates U.S. house prices will decline by a further 13 percent [...]
Chennai, June 3 International rating agency, Standard & Poor’s (S & P) has lowered its ratings on a number of top investment banking companies in the United States. S & P has downgraded Lehman Brothers Inc., Merrill Lynch & Co. Inc., and Morgan Stanley.
According to a press release issued by S & P, it has [...]
A year ago, private equity executives were Wall Street’s new masters of the universe, riding an era of easy money to unparalleled success by pulling off record-setting buyouts and pulling down monstrous paydays.
The industry became so synonymous with making money that buyout giant Blackstone Group, a specialist in taking companies private, itself went public in [...]
The Azerbaijani Investment Company (AIC) is expected to receive a business-plan from MKT Istehsal Commerce on the project of cotton, hosiery manufacturing, Investment Banks as well as to reconstruct ‘Sumgayit hovlu iplik, Riad Gasimov, AIC Deputy Executive Director, stated.
“This project is very significant for us and we are planning to acquire 20% of participation [...]
RREEF Alternative Investments, the global alternative investment management business of Deutsche Bank’s Asset Management division, announced it has launched a new venture that will invest over $1 billion over the next three years in India’s growing real estate market.
The new venture, RREEF India Advisors, which will be run by country head Kishore Gotety, will be [...]
Big Wall Street investment companies are pulling back on their borrowing from the Federal Reserve’s emergency lending program.
The Federal Reserve says in a report Thursday that those firms averaged $24.8 billion in daily borrowing over the past week. That compares with $32.6 billion in the previous week.
The program, which began March 17, is one of [...]
Once again, the heavens are open and it is raining IPOs in Kenya. Little is understood about IPOs in Kenya except that they “make money” and that share allocations are handed out in measly doses by mean investment banks.
Even much less understood is the concept of investment banks which most of us cannot differentiate from [...]
