The Banking and Strategy Initiative

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Tag Archives: MF Global

J P Morgan defends to Richard Shelby at the Senate Banking Committee

JP Morgan probably is still looking for a line in the sand regulators won’t cross as SEC chair Mary Shapiro testified today that they are reviewing JP Morgan’s Financials again … Continue reading

May 22, 2012

The Deal Economy(Pt. II): College Basket Ball, Dodd Frank, Smaller IPOs, more POPs and junk sales

Indonesia gets a large bank deal as Temasek gets an offer to sell 68% stake in Bank Danamon to Singapore based DBS and on the other side US states run … Continue reading

March 31, 2012 · 1 Comment

MF Global Execs Bonus pool signed on as Creditors for the divvy up | Crisis Insight

Two dozen top executives at MF Global including three reportedly claimed to be assets during the recovery process ( by virtue of being of help in recovering and liquidating assets) … Continue reading

March 13, 2012

Banks receive Wells notices for fraud action | Governance Insight – Banking Insight

Goldman Sachs , JP Morgan and Wells Fargo received notices from the SEC for new investigations into their role in bringing down the house in the 2008 crisis, as probably … Continue reading

February 29, 2012

Meet the Volckers’ marathon Pt. I | Banking Insight

That’s a big weekend for the economy as a whole as one tries to recover nuggets like ” Mr Paul Volcker by his own admission has said he doesn’t ¬†understand … Continue reading

February 14, 2012 · 9 Comments

Bankruptcy mania gets London arms extra cash to keep

Washington and New York based custodians for MF Global and Lehman Brothers are seemingly fighting an uphill battle for customer cash. Th elatest is the $700 million not yet included … Continue reading

February 11, 2012 · 1 Comment

Corzine home value vaporises too! | Bank Insight

After the talk of $1.2 bln from customer accounts likely having completely vanished in the last week of trading at the broker, today’s noise centres around a tweet showiing Corzine’s … Continue reading

January 31, 2012 · 1 Comment

SEC pulls up banks on laundry list for Europe

Wondering whether Bank of America and morgan Stanley are yet safe from the crisis? The confusion and rumors around Jeffries, before MF Global and Corzine fessed up to double the … Continue reading

January 10, 2012 · 2 Comments

Banks scoring $7 under par in 2011

According to a current Bloomberg news analysis, the banks promised a over $34 EPS for the Top 6 banks and are delivering $27 worth for 2011. However 2012 estimates are … Continue reading

January 4, 2012 · 1 Comment

Morgan Stanley cuts 1600 jobs

Morgan Stanley started a quick round of job cuts on December 15, 580 of which are jobs on Wall Street. Even as it report on buying European assets as a … Continue reading

December 27, 2011 · 1 Comment