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Tag Archives: Investment Banks

Liborgate to claim Bob Diamond? | Banking insight

FT reports (subscription: story link) that the ex CEO of the Bank, Bob Diamond and the current Investment Banking Head Rich Ricci are among those who have been indicted in … Continue reading

January 24, 2013

Bank Earnings Season: Goldman Sachs thumps in the majority opinion (Q4 and Full Year 2012)

Greg Smith’s ex employer offices in London got off to a wrong start trying to finagle tax-free bonuses and have since abandoned the plan leaving the HR team to explain … Continue reading

January 16, 2013

Citi Comebacks: The Global citizen tries the Mike O’Neill way

For a man who has done it before, it was easy for Mike O Neil to get down to real surgery at Citi with strategist and CEO MikeCorbat getting into … Continue reading

December 5, 2012

Bank Results Season: Bank of America ties up for another nought (EPS =NULL, “0.00”, ‘Zukk’)

BofA printed another scratchy topline down to the wire repeating Q2 2010 all over again when Non Interest expenses of $17.5 B and a Tax expense of $1B almost completely … Continue reading

October 17, 2012

Bank Results Season: Citi finally Stripped of Dignity, cries for shame

Vikram Pandit’s Citi turned out to be a bad dream for everyone despite the early lead throughout the crisis and an early and clean attrition of its own bad debt … Continue reading

October 15, 2012 · 1 Comment

Bank Results Season: JP Morgan strives for a $100 B 2012 after CIO position ‘annulled’

Big banks are going to reporting 37% higher business from Mortgages this quarter sequentially and that includes J P Morgan as a proud #2 in the business, behind Wells Fargo. … Continue reading

October 12, 2012

Bank Results Season: Goldman Sachs is the IN after all!

Investment Banking revenues rose sequentially to $1.2 Bln even as 98% of the Financial Advisory deals signed in the first half were in the smallest fee bracket and Debt underwriting … Continue reading

July 17, 2012

Bank Results Season: West Coast Economy snowed under/tanned brown by Wells Fargo mortgages

While one can’t say the leader JP Morgan has not tried, with $130 B in consumer loans including less than half a million new mortgages, the Wells Fargo-Wachovia combine, which … Continue reading

July 13, 2012

Global Mid-Day Report: The Big winners are the Consumers again!

A mid day comeback on Wall Street is only too common this month as Europe scares but small islands of data that disappoint are covered by more qualitative improvements and … Continue reading

July 5, 2012

Bank of America lets go of another Non US business | Deal Insight – Banking Insight

After $50 bln of asset sales thru 2009-2011 the bank was unable to satisfy the Treasury of its dividend plans and barely made the stress test parameters in Q1 as … Continue reading

May 17, 2012

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