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A Market View From Happy Hour - Credit Tightening Coming By Fall
Wednesday, May 31, 2023 - 6:31pm | 468Those that remember the 2007 - 2009 Great Recession brought on by high risk mortgage lending may remember that two of the biggest investment banks, Bear Stearns and Lehman Bros., collapsed in similar fashion roughly 6 months apart. Since the SVB, Signature, and First Republic Bank collapses, there...
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Goldman Sachs To Acquire Full Control Of China Joint Venture: WSJ
Tuesday, December 8, 2020 - 7:23am | 575Goldman Sachs Group Inc (NYSE: GS) is reaching out to the Chinese authorities seeking approval for the acquisition of a 100% stake in its China joint venture, the Goldman Sachs Gao Hua Securities Co. (GSGH). According to the Wall Street Journal, the investment bank has already signed...
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Jefferies Results Improve For Fourth Straight Quarter
Tuesday, March 21, 2017 - 8:34am | 370Jefferies Group, the global full-service investment banking firm that is a wholly-owned subsidiary of Leucadia National Corp. (NYSE: LUK), reported on Tuesday its first-quarter financial results. The performance of investment bank and other advisory firms are being closely looked at by some who...
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Why Traders Keep Their Eyes Peeled For Quiet-Period Expirations
Tuesday, October 25, 2016 - 8:50am | 425Many investors and traders have heard the term "quiet period" but fail to understand what it is and how it can affect a stock. Quiet Period Defined U.S. securities laws dictates that investment bank firms who work on an initial public offering are not allowed to issue...
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Investment Banks Facing A Difficult Environment In India
Tuesday, February 18, 2014 - 4:53pm | 371As emerging markets continue to show signs of struggling, investment banks are pulling the plug on some of their operations. Bloomberg reported investment banks such as UBS (NYSE: UBS)and Morgan Stanley (NYSE: MS) have spent the past three years re-thinking their plans in India. The investment...
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Need More Capital
Tuesday, October 4, 2011 - 1:00pm | 361Bank of America (NYSE: BAC) is liquidating businesses and streamlining as part of an overall restructuring effort, but also to get conform to new proposed capital requirements. An increase of 1-2.5% of total capital could be required for balance sheets in an effort to help stabilize the global...