0 results for 'Sanford LP'
Goldman demands risks but won't take any
Goldman Sachs Group Inc. and JPMorgan Chase Co., two of the biggest traders of over-the-counter derivatives, are exploiting their growing clout in that market to secure cheap funding in addition to billions in revenue from the business. Both New York-based banks are demanding unequal arrangements with hedge-fund firms, forcing them to post more cash collateral to offset risks on trades while putting up less on their own wagers.Good times are over for Europe's investment banks
THE LAST THREE YEARS have been among the best ever for investment banks. Record bonuses, plenty of jobs and new ways to make money. If you couldn't get ahead, you were in the wrong trade. And now The industry isn't about to crash, but the first half of 2006 may well have been a high-water mark that won't be seen again for several years.Morgan Stanley's Kelleher faces profit task solo as Taubman goes
Colm Kelleher, who will take over as sole head of Morgan Stanley's investment bank as his counterpart and past rival Paul J. Taubman exits, now faces the challenge of improving returns at the firm's biggest business.Attorney disciplined for hiring prostitute
Barnes & Thornburg attorney Hiroaki Nishikawara received a reprimand after a court approved an agreement between him and the disciplinary commission. The agreement requires him to perform six hours of community service and attend an impact panel proceeding.Bonuses expose Street's succession weakness
Eight days before Christmas, Kenneth D. Lewis took the stage for his last public act as chief executive officer of Bank of America Corp. Hundreds of his workers watched from red velvet seats in Charlotte, N.C.'s McGlohon Theater, a former Baptist church with tall stained-glass windows and a Byzantine dome. Lewis, in his usual gray suit, white shirt and tightly knotted red tie, stood to present Brian T.Am Law Firms Eager for IPO Rebound in 2013
With companies such as Bright Horizons and Norwegian Cruise Lines coming to market with initial public offerings this month, might better times in the capital markets be around the bend for corporate lawyers?CEO may be rethinking BofA's 'crown jewel'
When Kenneth Lewis, chief executive officer of Bank of America Corp., unveiled the acquisition of Merrill Lynch Co. on Sept. 15, he called its 16,000-strong brokerage group the firm's "crown jewel." Only a month later, the brokers were rebelling against their new parent. Members of the Thundering Herd were steamed over the Bank of America employment contract they were asked to sign.Trending Stories
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