Showing posts with label Companies. Show all posts
Showing posts with label Companies. Show all posts
4 Dec 2018

Balyasny said to cut 125 People

›
It is quite amazing that a Hedge Fund - or any Investment Manager - with an AuM just under $12 billion can have a cast of hundreds, more tha...
14 Apr 2017

Softbank acquires Fortress - Marriage made in Heaven or Hell?

›
There could be no greater discrepancy between the business model of these two parties. Apart from the fact that Fo...
26 May 2016

Employee Evaluation - when Common Sense and Human Touch go AWOL

›
Numerical rankings were already an idea from hell. Trying to achieve precision - am I number 6 or number 7 on the Goldman Sachs list? - is i...
20 May 2016

Deutsche Bank - enough own goals to win any competition

›
It will be interesting to see how much longer the chairman of Deutsche Bank's Supervisory Board will be able to cling to his seat. The ...
1 May 2016

Credit Suisse CEO without Banking Experience

›
Can it make any sense to appoint someone to lead a bank when the person has no specific experience in the industry? Recent moves by regulato...
18 Apr 2016

Europe is over-banked says UBS Chairman Weber

›
I could not agree more. With the arrival of Peer-to-Peer Lending, Robo-Advisers, Internet Banking and more stringent (suffocating?) Regulati...
14 Jan 2016

Another painful lesson from a disastrous Acquisition

›
News that Unicredit finally has extricated itself from its exposure in the Ukraine serves as a reminder that 'Strategic Transactions...
15 Sept 2015

Dark Pools - who brings light into them?

›
News that Credit Suisse has reached a settlement on the 'dark pool' probe may bring relief to its shareholders, management and some...
10 Aug 2015

Credit Suisse: Old wine in new bottles?

›
Sad as it is to see a proud Swiss institution (again) unable to find a local candidate to fill the vacancy at the top of the organisation I ...
31 Jul 2015

Buying a Hedge Fund is not so easy

›
H edge fund firms are difficult to sell/buy as they depend - in general - too much on the style of a few individuals running the show. Qui...
10 Jul 2015

Future of 'Universal' Banking Model in doubt

›
The sudden exit of another Bank CEO - now at Barclays Bank - is a stark reminder that managing a ...
16 Apr 2015

We are an Earnings Machine

›
Claims Steve Schwarzman ( CNBC ) - but is it very diplomatic to boast so openly about the profits Blackstone makes off its investors? Maybe...
15 Apr 2015

The 'fun' (ugly?) face of the City

›
The one thing that surprises me - given the amount of ever-more sophisticated technology that is available - is the survival of the voice-ba...
9 Apr 2015

Jamie Dimon clings to outdated business model

›
No surprise that Dimon defends the status quo, bigger is better and the banking department store model is best ( Reuters ). But I wonder i...
27 Jan 2015

Single Capacity to protect counterparties - notes on Goldman/LIA dispute

›
Not a question of being smarter, though that may well be the case. It is a question of morality - or lack thereof. When firms are feted as ...
11 Sept 2014

Succession planning at Santander - an example to follow

›
Yesterday's announcement of the death of Emilio Botin, the man behind the immense growth of Banco Santander over the pa...
30 May 2014

US blackmails banks - EU useless

›
The US 'authorities' (if you can name them as such as the country becomes more and more ruled by out-of-control lobbies and zealots)...
6 Jan 2014

J.P. Morgan to pay $2 billion over Madoff case

›
Not sure if one should cry or laugh when reading headlines such as this one . How did the parties to this shameful deal arrive at the number...
16 Oct 2013

Hector Sants may have benefited from Coaching

›
News that another senior finance professional - this time Hector Sants, Barclays Bank's Head of compliance - needs to take time off ...
17 Jun 2013

Co-op Bank: Slaughter of the Innocents?

›
Talk of bailing-in holders of certain bonds demonstrates that investors and depositors in European Banks are well-advised to be ultra cautio...