zyakaira notes: Citi reported $4.3 billion, BofA $3.2 billion on $33 billion, $JPM $2.7 billion on $27.7 billion, with TARP repayments costing $0.10 to the EPS and $GS reported $1.8 … Continue reading
zyakaira notes: i think private equity missed the bus by being too conservative with shortlisting criteria! Or all of them were overleveraged, Anyways, the list of winners is pretty small … Continue reading
(PTI – NDTV.Com) The wealth of world’s rich people dropped nearly 20 per cent to $32.8 trillion, while India saw the second largest decline in the number of High Net … Continue reading
U.S. regulators are drawing up rules that would make it easier for private equity firms to acquire troubled banks, aiming to free up more funds to recapitalize lenders, the Financial … Continue reading
By Goldilocks 😉 I presume The stock market has erased almost all its losses for the year, yields on long-term government debt have returned to something like normal, and commodity … Continue reading
The head of Bank of America’s Asia-Pacific mergers and acquisitions practice is leaving the bank, BofA said on Thursday, the latest in a series of high-level departures. Kalpana Desai was … Continue reading
Rs 7136 crores addded to books with no accompanying tranactions. Jut revenue a non existent personal loan of Rs 1236 crores and non existent cash of Rs 5000 crores on assets. Added revenues of 588 cr in Sep Qtr which could not withstand preliminary due diligence.
Everybody does it! esp when dealing with illiquid fixed income instruments.
The reductions are designed to eliminate redundancies created as a result of the merger with Merrill Lynch MER, and to reflect the current recessionary environment,” the bank said in a … Continue reading
BofA Names Top Banking Business Heads – Mergers, Acquisitions, Venture Capital, Hedge Funds — DealBook – New York Times
Bank of America announced the names of the senior business heads for its corporate, commercial and investment banking operations on Thursday in an internal memo, obtained by Reuters. The changes … Continue reading