Investment Banking | Compliancex

This is ‘no longer an investment market but a battlefield’

The Compliance Exchange Investment, Investment Banking March 30, 2016

London-based hedge fund manager Crispin Odey, who runs $11 billion in assets, said this is “no longer an investment market but a battlefield.” In Odey’s OEI Mac fund’s February investment update, Odey slammed central banks for lowering or not raising interest rates. “Several years of ...Read More

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Investment Banking Revenue Tumbles to Lowest Level Since Financial Crisis

The Compliance Exchange Investment, Investment Banking, Investments March 29, 2016

At the start of each week, MoneyBeat publishes a short column in the WSJ print edition highlighting a statistic getting traction in the markets. This week’s “big number“ is $12.8 billion, the amount paid to investment banks globally for advice on M&A, debt and ...Read More

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The CEO of a top investment bank says Wall Street pay is out of whack

The Compliance Exchange CEO, Investment, Investment Banking, Investments, Investors, Wall Street in the News January 14, 2016

Credit Suisse CEO Tidjane Thiam says today’s pay model for investment bankers “does not work.” That’s according to Bloomberg’s Jeffrey Voegeli, who reports that Thiam made the comments at a conference in Paris with the International Monetary Fund director, Christine Lagarde, and the Bank ...Read More

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I’ve been an investment fraud securities lawyer for 25 years, and here are the 8 best pieces of advice I can give you about money

The Compliance Exchange A Homepage Slider, Compliance, Investment, Investment Banking, Investments, Investors January 6, 2016

You’ve been diligent about saving every penny you can over the years, socking it away for retirement like you should. Don’t let unexpected financial disasters like divorce or a stock market crash threaten the security of your investment plan. There are steps you can ...Read More

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Barclays to cut Asia investment banking jobs next week

The Compliance Exchange Barclays, Investment, Investment Banking, Investments January 5, 2016

Barclays will announce investment banking job cuts across Asia next week, including closures in South Korea and Taiwan, sources with direct knowledge of the matter told Reuters. The British bank’s latest cost cuts as part of its global restructuring will include corporate finance and ...Read More

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Dow, DuPont merger plan: A new era of activist investing

The Compliance Exchange Compliance, Investment, Investment Banking, Investments December 14, 2015

Dow Chemical Co. DOW, -1.54% and DuPont Co. DD, -1.35% announced plans to merge Friday in a transaction that combines two longtime rivals and heralds the arrival of a new era of activist investing. Dow and DuPont said they would combine into a chemical ...Read More

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Jeremy Grantham Urges “Easily Manipulated” Americans To “Become More Realistic” About World’s Demise

The Compliance Exchange Compliance, Investment, Investment Banking, Investments, Investors December 11, 2015

It takes little experience in the investment business to realize that investors prefer good news. As a bear in the bull market of 1999 I was banned from an institution’s building as being “dangerously persuasive and totally wrong!” The investment industry also has a ...Read More

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A chill breeze is blowing, as investment banks face uncertain future

The Compliance Exchange A Homepage Slider, Investment, Investment Banking December 10, 2015

There’s a distinctly chill breeze blowing around trading rooms and back offices, and no amount of Christmas goodwill and merriment will likely make it feel any better. I don’t want to do an Ebenezer Scrooge here, because HITC readers have every right to enjoy ...Read More

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Barclays Investment Bank to Focus on Advisory, Mike Rake Says

The Compliance Exchange Barclays, Investment Banking, Investments, Wall Street in the News November 10, 2015

Barclays Plc’s new Chief Executive Officer Jes Staley will prioritize the investment bank’s advisory and execution operations and accelerate sales of unwanted assets, according to the bank’s Deputy Chairman Mike Rake. The advisory and execution business, which includes mergers and acquisitions, debt capital markets ...Read More

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Icap and Tullett Prebon in talks over huge City broking merger

The Compliance Exchange Broker, Investment, Investment Banking, Investments, Wall Street in the News November 9, 2015

Michael Spencer’s Icap is in talks to sell its traditional voice broking business to rival Tullett Prebon in the biggest shake-up of the City’s broking world for a generation, the Evening Standard revealed today. The deal between the interdealer brokers – the players who ...Read More

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