The Banking and Strategy Initiative

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Tag Archives: New York

AIG exits Blackstone | Deal insight

Earlier during the millenium’s first boom, Blackstone founder Schwarzmann had been firmly planted on AIG board a s a personal friend of Hank Maurice Greenberg. Then in 2010 AIG converted … Continue reading

March 4, 2012

US Economy: And don’t get me wrong Romney is a Conservative! | The Poitical Economy

Romney defending his conservative record in Farmington , MI ( I thought home was  New England)  on how entitlements are now 60% and people don’t understand the math because in … Continue reading

February 16, 2012

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

Goldman Sachs picks up Old Mutual block in retirement funds | Deal Insight

We have it directly from the wires, as Goldman Sachs has just completed a deal to add $ 42 bln in its funds management division under Stable Value Funds ( … Continue reading

February 7, 2012 · 7 Comments

The infamous “Maiden Lane II” AIG securities auctioned by Fed | Bailout insight

The Treasury had last sold a tranche of $7 bln to Credit Cuisse which sold it onward to select hedge funds and other investors trying to make a fortune in … Continue reading

February 7, 2012 · 4 Comments

Reputational Scars and a Mortgage Settlement | Consumer insight

Even as Bank of America and Chase among 3 other banks try to score a settlement with California, Oregon and other affected states, the New York Attorney Generals made use … Continue reading

February 4, 2012 · 2 Comments

HSBC gets Thai out of the way, GE grows bank ambitions, First Niagara completes Buffalo purchase | Executive Insight

GE bought Metlife deposits and online bank in the US in the beginning of Decvember and closed Christmas week with the purchase of HSBC’s card and personal loans portfolio with … Continue reading

January 15, 2012 · 3 Comments

The Retail Lifestyle Champions: Black Friday gladdens retail shoppers

It’s still the weekedn and most stores that opened near midnight yesterday may continue offers at least today if they were not rid of all the stock put on the … Continue reading

November 26, 2011 · 1 Comment

There's more than two things wrong with UBS

UBS remains one of the few banks whose recovery strategies have been less than efficient with its risky bets unable to bring it near the big leaague. On top of … Continue reading

August 19, 2011