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Investment Banking

Too Big To Get Wrong

Robert E. Diamond, Jr. | Posted 12.14.2009 | Business

Read More: Investment Banks, Bob Diamond, Barclays Capital, Too Big to Fail, Too Big to Get Wrong, Financial Regulation, Barclays, Investment Banking, Robert E. Diamond, Business News
Robert E. Diamond, Jr.

There's no bank and there's no banker that hasn't made mistakes in recent years, including me. We recognize our responsibility.

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Active Coping Applied

Leslie Pratch, Ph.D. | Posted 10.29.2009 | Living

Read More: Career Plateau, Glass Ceiling, Career Women, Investment Banking, U.S. Grant, Coping, Self-Esteem, Integrity, The Inner Life, Goals, Living News
Leslie Pratch, Ph.D.

The best strategies anticipate setbacks, develop options and prepare us to identify solutions. How openly and realistically we perceive problems profoundly influences our chances for success.

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Britain Ranks As Top Financial Capital, Besting U.S.

Telegraph | James Quinn | Posted 10.09.2009 | Business

Read More: Nouriel Roubini, Hedge Funds, Economy, Financial Center, Great Britain, United States, London, Investment Banking, New York City, World Economic Forum, Business News

The poll will fuel the ongoing debate as to whether London or New York is the best place to do business for financial communities, amid recent reports...

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Bill Winters, JPMorgan's Head Of Investment Banking, Will Leave Company

AP | STEPHEN BERNARD and SARA LEPRO | Posted 11.29.2009 | Business

Read More: JPMorgan Chase, Steve Black, Bank, Banks, Jamie Dimon, Jes Staley, Investment Banking, Bill Winters, Business News

NEW YORK — JPMorgan Chase & Co. named Jes Staley the head of its investment bank, a move that puts Staley in a position to become the new CEO sh...

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Paul Krugman Voted for Bush

Pablo Triana | Posted 09.03.2009 | Business

Read More: New York Attorney General Cuomo, Wall Street Crisis, Wall Street, Rush Limbaugh, Financial Crisis, Banking Crisis, Global Financial Crisis, Obama Limbaugh, Wall Street Bonuses, Investment Banking, Business News
Pablo Triana

The prospect of a Wall Street career can't be that unappealing, notwithstanding the funny looks you may receive from your cousins at the next family reunion.

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Make Banking Boring, Again

Paul Abrams | Posted 05.03.2009 | Business

Read More: Investment Banking, Banking, Financial Services, Regulation, World Economic Summit, Business News
Paul Abrams

Banking should be boring for the very same reason that driving on I-5 or down Main Street should be boring.

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Investment Banking, Lending Split: BofA Lewis Suggests

Bloomberg | Hans Nichols and Christine Harper | Posted 04.27.2009 | Business

Read More: Bank of America Lewis, Investment Banking Commercial Lending, Commercial Lending, Commercial Lending Investment Banking, Investment Banking, Business News

March 27 (Bloomberg) -- Bank of America Corp. Chief Executive Officer Kenneth Lewis said today the U.S. should consider separating commercial lenders ...

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Half a Mill? Times Are Tough

Kim Stagliano | Posted 03.08.2009 | Living

Read More: Welfare, Pay Cut, Food Stamps, Bail Out Legislation, Investment Banking, Living News
Kim Stagliano

Let's imagine two well coiffed, Botoxed and manicured women from a fictional town in Fairfield County, "New Stamienwich" driving to a charity luncheon in Bridgeport, the largest and poorest city in Connecticut.

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Wall Street Whine: We Can't Live On $500,000!

The New York Post | KAVITA MOKHA and LEONARD GREENE | Posted 03.08.2009 | Business

Read More: Obama, Salary Cap, President Obama, Wall Street, Investment Banking, Salary, Business News

The financial sector was buzzing over Obama's decision to impose a $500,000 ceiling on salaries for executives of companies receiving federal rescue m...

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Wall Streeters' New Status As Social Outcasts

New York Times | David Segal | Posted 03.06.2009 | Business

Read More: Layoffs, JP Morgan Chase, Social Outcast, Pariah, Unemployment, Wall Street, Lehman Brothers, Jobs, Dick Fuld, Investment Banking, Business News

Monday was the last day of Iris Chau's 11-year career at JPMorgan Chase and she says there's a lot she'll miss about the job, including her colleagues...

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Obama and Volcker: Economic Solutions, Good; Summers and Geithner: Financial Solutions, Not Good.

Saskia Sassen | Posted 02.27.2009 | Business

Read More: Investments, Debt, U.S. Economy, Economy, Larry Summers, New York Review of Books, Taxpayers, Paul Volcker, Rubinomics, Economic Plans, Investment Banks, Taxpayer Money, Financial Crisis, Financial TImes, Timothy Geithner, Shadow Banking, Taxes, Money, Economic Crisis, Obama Economy, Barack Obama, Paul A. Volcker, US Economy, Npr, Leonard Lopate, Subprime Mortgages, Obama Economic Plan, House of Rubin, Subprime Mortgage Crisis, Banking, Banking Crisis, Banks, Jeff Madrick, Investment Banking, Business News
Saskia Sassen

The shadow banking system is not illegal or clandestine. It is in the open, but it has thrived on the opaqueness of the investment instruments, facilitated by their complexity.

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Madoff Just the Start of Post-Bubble Scandals

Diane Francis | Posted 02.09.2009 | Business

Read More: Sonja Kohn, Economic Bubble, Bernard Madoff Scandal, Bernie Ebbers, Robert Maxwell, Societe Generale, Enron, Economy, Ken Lay, Ponzi Scheme, Bank Medici, Scams, Bernie Madoff, Rene-Thierry Magon De La Villehuchet, Conrad Black, Wall Street, White Collar Crime, Hedge Funds, Worldcom, Banking, Financial Crisis, Bernard Madoff, Madoff Ponzi Scheme, Investment Banking, Business News
Diane Francis

The $50-billion fraud, allegedly perpetrated by New York's Bernie Madoff, is a predictable outcome following the collapse of a speculative bubble. Big bubbles attract bigger crooks.

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JP Morgan Cutting 3,000 Investment Banking Jobs

Reuters | Posted 12.21.2008 | Business

Read More: JP Morgan Job Cuts, JP Morgan Investment Banking Jobs, JP Morgan, Investment Banking, Chase Job Cuts, Business News

JPMorgan Chase & Co is cutting 10 percent of its investment banking staff -- about 3,000 jobs -- as the economic slowdown starts to bite into its earn...

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Warren Buffett's Banker: The Guy Who Has The Ear Of The Oracle

New York Times | Cyrus Sanati | Posted 11.07.2008 | Business

Read More: Warren Buffett's Banker, Finance, Economy, Warren Buffett, Banks, Byron Trott, Investment Banking, Business News

WARREN E. BUFFETT is no fan of investment bankers. He prefers to broker his own deals and investigate companies the old-fashioned way -- by reading ba...

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Goldman Sachs Boasts High Earnings

Wall Street Journal | Posted 06.25.2008 | Business

Read More: Sub-Prime, Earnings Report, Goldman Sachs, Reported Earnings, Hedge Funds, Economy, Banking Crisis, Bear Stearns, Stock Market, Wall Street, Investment Banking, Mortgage Crisis, Business News

When Bear Stearns was dying (and even just before) many wondered what would happen to its successful prime brokerage business, which is engaged in the...

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Investment Firms Tap Fed for Billions

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business

Read More: Treasury Securities, Investment Banking, Investment Banks, Federal Reserve, Business News

WASHINGTON — Big Wall Street investment companies are taking advantage of the Federal Reserve's unprecedented offer to secure emergency loans, t...

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Profits At Goldman, Lehman Slashed In Half

MarketWatch | Greg Morcroft | Posted 03.28.2008 | Business

Read More: Credit Crisis, Goldman Sachs, Wall Street, Investment Banks, Trading Revenue, Global Financial Markets, Credit Crunch, Lehman Bros, Investment Banking, First Quarter Profits, Business News

Wall Street titans Lehman Bros. and Goldman Sachs, at the center of a credit storm swirling through the global financial markets, both said Tuesday th...

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Private Equity Moguls See Fortunes Plummet

New York Times | MICHAEL J. de la MERCED | Posted 03.28.2008 | Business

Read More: Investment Banking, U.S. Economy, Kohlberg Kravis Roberts, Wall Street, Private Equity Moguls, Recession Fears, Recession, Homeowners, Private Equity, Butout Firms, Investments, Blackstone Group, Business News

With their big paydays and bigger egos, private equity moguls came to symbolize an era of hyper-wealth on Wall Street. Now their fortunes are plummet...

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What Credit Crisis? Goldman Rakes In The Cash

New York Times | JENNY ANDERSON, LANDON THOMAS Jr. | Posted 03.28.2008 | Business

Read More: Lloyd Blankfein, Investment Banking, Investment Banks, Goldman Sachs, Lloyd C. Blankfein, Business News

For more than three months, as turmoil in the credit market has swept wildly through Wall Street, one mighty investment bank after another has been br...

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