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18 Dec 2007, 5:27 am
Goldman Sachs said on Tuesday that its fourth-quarter profits rose 2 percent over the same time last year, posting a modest gain at a time when other investment banks are expected to post lower earnings or even a loss. [read post]
6 Jun 2023, 12:00 am by John Jenkins
Norton Rose Fulbright & MergerMarket recently published “Global M&A Trends and Risks 2023,” which reports the results of a survey 200 of the most senior executives from multinational corporations, PE firms, and investment banks to gauge current M&A risks and trends. [read post]
18 Jan 2008, 4:18 am
Dodging the rocky investments that have damaged many Wall Street banks, BlackRock, the giant asset management firm, said on Thursday that fourth-quarter profit rose 90 percent. [read post]
12 Feb 2009, 3:00 am
Stock prices rose modestly as investors tried to get a better grip on Washington's newly announced plans to stabilize the banking system with up to $2.5 trillion in public [...] [read post]
12 Mar 2008, 11:29 am
Bear’s stock rose Wednesday, extending Tuesday’s 1.1 percent gain, as the firm’s chief executive, Alan Schwartz, dismissed the recent speculation about the potential for a cash crunch at the investment bank. [read post]
7 Oct 2009, 1:38 pm
The subsequent huge runup in housing prices in Great Britain made this a great deal for the banks, and some of the homeowners are now taking their retrospective buyers’ remorse to court in a group action. [read post]
25 May 2010, 7:50 am by admin
Banks’ aggregate profit reached a two-year high of $18 billion in the first quarter of 2010, but the number of troubled banks also rose to 775, the highest since June 30, 1993, according to the Federal Deposit Insurance Corporation’s Quarterly Banking Profile, released May 20. [read post]
3 Apr 2021, 10:12 am by Kathleen Scott (US)
In her latest The New York Law Journal column, “ AML Act of 2020: Topics of interest for international banks,” Kathleen Scott, Senior Counsel in the New York Office of Norton Rose Fulbright, focuses on portions of the AMLA that may be of most interest to foreign banks, such as obtaining foreign bank records and new international cooperation and coordination measures. [read post]
30 Apr 2012, 9:49 am
“We are taking more of a leadership role in the world,” he says, reflecting on Canada’s good economic record given the strength of the banking and resource sectors here.Steinberg replaces Stephen Parish, who steps down as global chairman today. [read post]
28 Jul 2009, 8:28 am
I continue to be appalled but not surprised that Comptroller John Dugan can still argue against state consumer protections because the costs "will be ultimately be borne by consumers. [read post]
6 Mar 2018, 8:18 am by Jack Prettejohn and Simon Lovegrove
The main observations from the 2017 monitoring exercise include: monitoring universe of non-bank financial intermediation – this measure of all non-bank financial intermediation grew in 2016 at a slightly faster rate than in 2015 to an aggregate $160 trillion; insurance corporations’ and pension funds’ assets have increased since 2009 to $29 trillion and $31 trillion respectively, each now separately representing around 9% of total global financial assets; other… [read post]
5 Sep 2022, 6:11 am by Dan Bressler
” “At least six major U.S. law firms adopted the Swiss verein model, including DLA Piper, Squire Patton Boggs, Baker McKenzie, Norton Rose Fulbright and Littler Mendelson. [read post]
17 Jun 2010, 9:00 pm by Mandelman
  Not only that, but the data also showed that the number of banks unable to make their TARP payments rose for the third quarter in a row. [read post]
23 Apr 2008, 7:35 am
Virginia Rose Novrit, 67, Hilton Head, South Carolina, Clarence Lorenzo Davis, 68, Hilton Head, South Carolina, Gregory Jerome Wings, Jr., 25, Atlanta, Georgia, Olympia D. [read post]
2 Dec 2007, 3:51 pm
Edward "Rusty" Rose III stuffed his piggy bank, starting in the 1970s, shorting stocks. [read post]
11 May 2021, 1:01 pm
Nobody likes a late-paying customer, but there are ways banks can help keep the number of your delinquent accounts to a minimum. [read post]