Fed rate cut, bank plan jolt investors

By week’s end, the Dow Jones industrial average had fallen 3.1 percent from where it was just before Tuesday’s Fed rate decision was released. Such a downdraft underscores the growing anxiety over credit woes and how they could spill into everything from dealmaking to corporate earnings in 2008.
“Investors are skittish,” said Arthur Hogan, [...]

Fed rate cut, bank plan jolt investors

By week’s end, the Dow Jones industrial average had fallen 3.1 percent from where it was just before Tuesday’s Fed rate decision was released. Such a downdraft underscores the growing anxiety over credit woes and how they could spill into everything from dealmaking to corporate earnings in 2008.
“Investors are skittish,” said Arthur Hogan, [...]

Show us the money

A large crowd waits outside the Farmers and Mechanics Savings Bank in Minneapolis in the US in the 1890s. Photograph: Minnesota Historical Society/Corbis
It may come as no consolation to the depositors of Northern Rock who queued so patiently outside their local branches, but they are far from the first victims of a banking panic. In [...]

Easy money hits home with lenders facing £250bn losses

The rise and fall of Daniel Sadek speaks volumes for the current crisis in the US housing market. Only five years ago he was selling secondhand cars in Orange County, California. Then came a surge of easy money that banks, sanctioned by the US Federal Reserve, pushed into the mortgage market. Mr Sadek bought a [...]

Financial Services Take Some Hits Alternative Investment

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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Euberger Berman Realty Real Estate Investments Fund Inc

Euberger Berman Realty Real Estate Investments Fund Inc and Neuberger Berman Real Estate Securities Income Fund Inc,Upon completion of the merger real estate investments, NRO will be one of the largest domestic real estate related closed-end funds real estate investments. Although there can be no assurances real estate investments, the Boards believe that the positive [...]

Capital Of Capital No More Investment Banks

Every day in Lower Manhattan, tourists stroll along the Capitalism Trail investment banks. They might start in the yard of Trinity Church, where Alexander Hamilton, the first Treasury secretary and architect of the early United States financial system investment banks.

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Prince Forestalls Ouster Investment Banking

The nation’s biggest bank unveiled a plan to fuse its investment banking and alternative investments businesses into a single unit investment banking, appointing a former Morgan Stanley executive to run it investment banking. Citi also said Thomas Maheras investment banking, former co-head of investment banking.

Tags: Alternative Investment, Alternative Investments, Bank, citigroup, exec, Investment Bank, Investment [...]

Investment Banking Comeback

Bulge bracket investment banking major, Morgan Stanley has re-entered investment banking business on its own investment banking, after parting ways with JM Financial — investment banking its former Indian partner investment banking. The US major has received a merchant banking licence from Sebi for its arm in India investment banking. The firm will expand its [...]

Jpmorgan Cuts Investment Banking Jo

the nation’s third-largest bank investment banking, said Thursday it is cutting positions at its investment banking division after suffering Wall Street’s biggest slump in the leveraged loan market.The bank plans to cut positions from its structured credit and leveraged finance businesses investment banking. Both have been hurt as investors balked during the summer at buying [...]