Deutsche Banks Jain Sees Some Normalisation But Financial Crisis Not Over Yet

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 [...]

Downgrades Top Us Investment Banks

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 [...]

Blackstone Group And Private Equity Peers Fall From Wall Streets Heights

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 [...]

Funds From Caspian International Investment Company Could Be Attracted To Finance Mkt Textile Project

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 [...]

Deutsche Banks Arm To Foray Into Indias Realty Market With Billion Investment

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 [...]

Investment Firms Pull Back On Borrowing

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 [...]

How You Can Choose The Right Investment Bank

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 [...]

Blackrock Profit Disappoints Investment Banking

BlackRock Inc.’s first-quarter net income rose 24% but failed to meet analysts’ expectations, as investors withdrew money from the firm’s core bond funds to put into lower-fee cash investments.
While the company posted earnings of $1.82 a share, Investment Banking up from $1.48 a share, a year earlier, analysts surveyed by Thomson Financial forecast on average [...]

Stocks fall after confirmation of sharp economic slowdown

Financial stocks lost ground Thursday as well, with investors uncertain about what is in store for the economy and the troubled financial sector.
But the sense of panic that emanated from the near-collapse of Bear Stearns Cos. at the start of last week has lessened, observers say. The Federal Reserve on Thursday afternoon auctioned [...]

Stocks fall after confirmation of sharp economic slowdown

Financial stocks lost ground Thursday as well, with investors uncertain about what is in store for the economy and the troubled financial sector.
But the sense of panic that emanated from the near-collapse of Bear Stearns Cos. at the start of last week has lessened, observers say. The Federal Reserve on Thursday afternoon auctioned [...]