The Banking and Strategy Initiative

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Tag Archives: Vikram Pandit

India Morning Report: A new bank, not Citi, 8 not 4 and numerous other slips to the mile..

Vikram Pandit’s new efforts in India with Kampani’s JM Financial may get JM a 10% bump in stock quotes but it is unlikely that his 50% buy of the subsidiary … Continue reading

May 17, 2013

A look at Goldman Sachs prospects after the ‘Partner bump up’ | Banking Insight

Goldman Sachs continues to reduce ‘Compensation Costs’ before stress tests However even with just 32,500 staff at Goldman Sachs as of this fall(down 10% in less than a year), the … Continue reading

November 15, 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

Citi gets rid of Morgan Stanley Smith Barney baggage – Deal Insight / Banking Insight

The bank which is apparently acting on a quick menu to get rid of Capital loading it can work without has already seen a lot of brokerage losses after it … Continue reading

September 11, 2012

The Deal Economy: Spain after Italy, Pepsi CEO for World Bank, What Deals? | Deal Insight

Q1 expectations for banks include another flyer that deals are shutting down again even as S&P targets are upped to 1400 and Dow remained positive last week after a big … Continue reading

March 12, 2012

Bank Results Season: Citi comes back with another $1.9 bln (Q3 2011 $1.23 EPS / $49.50 TBVPS)

Even as the press release triggers a lot of fact tweets in the social universe ( Follow @zerohedge for some good insights) one finds the CDS betting of Citi giving … Continue reading

October 17, 2011 · 4 Comments

Axis Bank quits PE business | Advantage Infrastructure

closer to my chawl in this unknown highrise in Bangalore suburbs, even Axis Bank has had no success with what it was running a s a PE operation. Its funds … Continue reading

February 4, 2010