34 articles found within the last year.
Displaying results 1 - 20
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Blackstone in negotiations to restructure $20bn debt at Hilton
Blackstone Group has begun talks with lenders to ... The talks are part of a restructuring of ... The talks are another sign of the turmoil ... In the Hilton negotiations, Blackstone is considering contributing ... Blackstone funds and co-investors originally put up $5.6bn...
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Trading engine room drives Goldman revenues but comp ratio falls
Goldman Sachs’ trading and principal investments business fell ... Trading and principal investments, which includes Goldman Sachs ... The bank generated net investment banking revenues of ... However, Goldman Sachs cut its compensation-to-revenues ratio to ... The results come a day after JP Morgan...
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Goldman's soft sell: Its warm, fuzzy side
Goldman Sachs will today announce that life is ... Hoping to defuse a politically combustible situation, Goldman ... His first job was selling peanuts and popcorn ... Company executives also have discussed increasing charitable contributions ... In a development that might help frame the...
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Crisis fails to dent largest banks' market shares
Massive changes in the investment banking industry over ... The findings appear in a report published this ... Bank of America Merrill Lynch, Citigroup and UBS ... Goldman Sachs’ share of the global investment banking ... JP Morgan, which has a market share of ... Credit Suisse's analysts wrote: “Across the industry, the...
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UK to make push this week on bank bonuses
The UK Government this week will ask about ... The Wednesday meeting with 10 banks that also ... By getting commitments now, the government is hoping ... Barclays, Standard Chartered, Lloyds Banking Group, Royal Bank ... In a joint statement, those banks said it ... While the US, European and Asian banks active...
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Jupiter manager piles back into banks as outlook strengthens
Renowned financials investor Philip Gibbs has increased his ... Gibbs' £1.3bn (€1.4bn) financials fund at Jupiter Asset ... The latest figures published by Jupiter revealed a ... Gibbs last month predicted that bank shares would ... The news of Gibbs' dramatic turnaround on the...
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Credit Suisse hires Goldman partner for prime brokerage
Credit Suisse has hired a newly minted Goldman ... Paul Germain, who became a Goldman partner in ... Germain, 38 years old, will join Credit Suisse ... He'll report to the global head of prime ... The prime brokerage business at Credit Suisse gained ... Now, with the worst fears subsided, prime brokerages...
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News analysis: a year of change in asset management
Twenty of the world's biggest asset managers at ... Watson Wyatt's survey, which is published in association ... Not all firms suffered to that extent. Japanese ... Overall, however, Carl Hess, global head of investment ... But the industry's fortunes have recovered slightly in...
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Updated: Top wealth producer leaves Goldman Sachs
One of Goldman Sachs' star private bankers on ... Ivan Gavanski is believed to be one of ... He resigned in August and is believed to ... Contrary to earlier reports that he might be...
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French banks 'likely winners' from regulatory clampdown
A new report has identified French banks as ... BNP Paribas and Société Générale are likely to ... The relatively low exposure of the two banks ... JP Morgan’s report comes weeks after analysts at ... The pressures on French investment banking businesses have ... However JP Morgan wrote in the research that...
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Goldman Sachs: The movie
The financial crisis is coming to the movies. ... The mighty Goldman Sachs, meantime, is being lampooned ... Matthew Rittberg, 30 years old, has written and ... Rittberg depicts the Goldman’s chiefs warning like the ... “What did I tell you,’’ says the Blankfein ... “It’s a Bamitzvah gift,’’ explains Ira, a pudgy...
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GSAM protects against comings and goings with new levy
Goldman Sachs Asset Management has become the latest, ... The new fee, announced in a stock exchange ... Known as an anti-dilution levy, it covers the ... A senior manager at one London-based fund, said ... It is more commonly imposed by long-only managers, ... A source close to the US bank said...
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Goldman's trading tips reward its biggest clients
Goldman Sachs research analyst Marc Irizarry's published rating ... The next day, research-department employees at Goldman called ... Every week, Goldman analysts offer stock tips at ... At the meetings, Goldman analysts identify stocks they ... Critics complain that Goldman's distribution of the trading...
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Goldman had 46 $100m days in second quarter
Goldman Sachs said it made $100m (€69m) in ... The New York-based investment bank said in a ... Goldman reported last month that second-quarter profit surpassed ... Trading and principal investments drove the firm's overall ... The company also said in the filing that ... A spokesman for Goldman Sachs declined to comment...
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Q&A with Jim O’Neill: The architect of Brics picks the building blocks of recovery
Acronyms can often be the enemy of clear ... So it has been with the “Bric” acronym, ... The bank initially fashioned the acronym to make ... Here O’Neill talks to Financial News about how ... Financial News: George Soros was saying in March ... Jim O’Neill: The rebound has been due to...
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Banks ramp up pay packages to top talent
Some big banks that have received government bailouts ... Bank of America recently hired a top bond ... The offers come in the wake of an ... "The state is helping these banks stay in ... Bank of America's offer shows how some banks ... While those firms still have some latitude over...
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Blogging the Goldman Sachs earnings call
Goldman Sachs is on a roll. The firm’s ... David Viniar CFO says Goldman’s fixed income business ... Guy Moszkowski, BofA analyst asks what Goldman plans ... Viniar: “The world is still not a great ... UBS analyst Glenn Schorr asks the question on ... Viniar: “I think some part of it is...
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Goldman makes impressive return to form
Just under nine months after being forced to ... Speaking at the London Business School’s Global Leadership ... Second-quarter numbers are likely to show Goldman Sachs ... Morgan Stanley analysts estimate Goldman Sachs’ investment banking ... The increase in equity fees was largely a...
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Goldman buoyed by 140% fee forecast
Goldman Sachs has recorded the largest quarter-on-quarter increase ... Revenues from debt and equity underwriting, and mergers ... Equity capital market was largely responsible for the ... Goldman is due to release its second quarter ... The world’s largest fee earner remains JP Morgan,...
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Goldman ranks top in China
Goldman Sachs is set to pass the half-way ... The US banking giant has already earned $81m ... Its revenues have been bolstered by an estimated ... Bank of America Merrill Lynch is second in ... Overall investment banking revenues in Greater China total ... Goldman could further strengthen its league table position...
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