A Costly Cleanup for Merrill’s Mess
Monday, October 29th, 2007It’s official: Stanley O′Neal is out as CEO. But the challenges facing his successor are daunting
Original post by AnthonyK
Archive for the ‘Investment Banking’ Category
Time to Buy Financial Stocks?
Monday, October 29th, 2007Some brave long-term investors are looking for bargains among the casualties of the credit crunch
Original post by AnthonyK
Merrill Lynch’s O’Neal Takes the Hit
Wednesday, October 24th, 2007The financial giant’s CEO took full responsibility for the 94% revenue loss last quarter. Heavy exposure to subprime mortgages was a big problem
Original post by AnthonyK
A Record Year for Layoffs in Finance
Monday, October 22nd, 2007Wall Street is hacking jobs in huge numbers due to the subprime mortgage crisis and resulting credit crunch. The purge may not be over yet
Original post by AnthonyK
Marcial: Time’s Ripe to Bargain-Hunt
Sunday, October 21st, 2007Don’t be spooked by the ghosts of 20 years ago, BusinessWeek’s Gene Marcial writes. Instead, scoop up some good stocks on the cheap
Original post by AnthonyK
Next Stop: $100 Oil?
Tuesday, October 16th, 2007Some analysts say record highs are only the beginning. Traders betting on rising global demand could push prices up further
Original post by AnthonyK
Stressed Out on Wall Street
Sunday, October 14th, 2007Today’s investing professionals have a modern set of coping strategies, including prescription drugs, wellness programs, and the long view
Original post by AnthonyK
When Big Deals Go Bad—and Why
Wednesday, October 3rd, 2007Amid a flurry of bad news for big deals, it bears remembering that successful mergers heed the basic rules of business
Original post by AnthonyK
Goldman’s Golden Quarter
Thursday, September 20th, 2007While rival investment banks struggled, Goldman used its global reach and subprime savvy to increase profits sharply
Original post by AnthonyK
The Debt Market: Signs of Life
Wednesday, September 19th, 2007The jump in stocks may have grabbed the headlines, but a budding recovery in the credit market is the real good news
Original post by AnthonyK