The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Tag Archives: Investment Bank

Bank Results Season: J P Morgan reports $19 bln on $97 bln revenues | Insider Insight

As mentioned yesterday, the leading lights of banking, now that Wall street is not the same, still managed to eke out $3.7bln in Income (Net Profit) on a $21 bln quarter … Continue reading

January 13, 2012 · 4 Comments

RBS decides the quantum of cut and roll

3500 jobs would be cut as RBS cts its Corporate investment bank by upto $450 bln, first a minimum of GBP 120 bln or $ 184 bln RBS would be … Continue reading

January 12, 2012 · 1 Comment

European Banks crisis: RBS, Socgen and StanC complete job cut rigmarole

Socgen caught up on its efforts to create EUR 4 bln in Capital by 2013 with union agreements in home grounds in France to let go 880 people. With another … Continue reading

January 5, 2012 · 2 Comments

Bank Results Season: Morgan Stanley still bright and sprightly?

Let’s Try.. Morgan Stanley still bright and sprightly, Trading, yes but not very quietly was up last june on new “accounting gain” Asset sales too, caught on europe Morgan Stanley … Continue reading

October 19, 2011 · 2 Comments

Bank Results season: BofA manages a $28 bln topline without mortgage business (Q3 2011 $0.56 EPS $13 TBVPS)

America’s heritage bank opened earnings day with a large $28.7 bln topline, that includes among others, $3.6 bln from its sale of 5% of CCB, a trading DVA adjustment ( … Continue reading

October 18, 2011 · 5 Comments

Bank Results Season: JP Morgan reverts to a passing game with $4 bln income

Earnings Season off to a good start The good news first, the Bank resumed its leadership in the Deals game with #1 in Fee income year to date, and charge … Continue reading

October 13, 2011 · 4 Comments

Bank Results Season: A nice home run for the Championship game?

J P Morgan comes out with results for Q3 later in the day , the street expecting a $1 EPS ( analysts: $0.96) from one of the few expected to … Continue reading

October 13, 2011 · 1 Comment

The banks are ready for a comeback..maybe not!

Some change is definitely in the air as more focussed and attentive thought leadership is finally coming out of leading bank investment banking teams, until now letting only their own … Continue reading

September 27, 2011

UBS loses Groebel, James Gorman plays messiah

While the F1 circuit blazes a trail on the weekend and Abu Dhabi, Turkey, Korea and Noida’s Buddh Circuit watch the 2 year old Night Safari in Singapore, the first … Continue reading

September 25, 2011

"No Deal" forces Investment Bank units to cut more jobs

In 2007,  Sub prime mortgages started falling apart and became common knowledge. The constant media attention and the frequently changing regulation has since accounted  for a lot of revenue shrinkage … Continue reading

September 14, 2011