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Banking regulation prime concern: Fed22-NOV-09
Federal Reserve officials are stepping up scrutiny of the biggest US banks to ensure the lenders can withstand a reversal of soaring global-asset prices, according to people with knowledge of the matter.
Suzlon sells 35% stake in Hansen20-NOV-09
Will raise Rs 1,729 crore through sale in Belgian arm to reduce debt burden.
Grin and bear it20-NOV-09
Goldman Sachs: Only time, not public relations, will restore Goldman Sachs’ old aura. Its $500 million plan to support 10,000 US small businesses alongside Warren Buffett is praiseworthy. But some $17 billion in accrued pay for nine months of work and continuing rumblings of bailout favouritism risk making it look nothing but a PR gesture.
UBS aims for $14.9 billion pre-tax profit in 3-5 years18-NOV-09
UBS AG said it aims to reach 15 billion Swiss francs ($14.9 billion) in annual pretax earnings in three to five years, as Chief Executive Officer Oswald Gruebel rebuilds Switzerland’s largest bank after record losses.
Morgan Stanley buys Indiabulls Power's shares11-NOV-09
The sole book running lead manager for Indiabulls Power Ltd’s (IPL) initial public offer (IPO), which made a debut last month, today told the Bombay Stock Exchange (BSE) that it had picked up a chunk of shares as a market-making exercise.
Big 3 set to pay record bonuses of $30 billion this year10-NOV-09
Goldman Sachs Group Inc, Morgan Stanley and JPMorgan Chase & Co’s investment bank, survivors of the worst financial crisis since the Great Depression, are set to pay record bonuses this year.
Morgan Stanley wins 30 Apac prime brokerage mandates05-NOV-09
Morgan Stanley, Asia-Pacific’s (Apac’s) second-largest prime broker, picked up more than 30 new mandates to provide services including clearing trades, securities and cash lending to hedge funds in the region this year.
I-banks, consulting, PE firms vie for IIM-C students05-NOV-09
The Indian Institute of Management, Calcutta (IIM-C), which started its summer placements process today, saw offers trickling in from the world’s leading finance and consulting firms on day one.
Asia set for dramatic changes; India 'real sleeper': Roach21-OCT-09
Asia is likely to witness dramatic changes over the next few years and India may be the 'real sleeper' — the one who becomes suddenly successful after being undistinguished — even as China is grabbing the centre-stage in the region, says the Morgan Stanley Asia Head.
Invesco buys Morgan Stanley's Van Kampen21-OCT-09
Honda Motor Co missed at least $255 million of brand exposure on television by selling the Formula One team that swept the world championship titles on Sunday, a media analysis company said.
Interest in healthcare mounts among PE, VC players19-OCT-09
Private equity (PE) and venture capital (VC) investment in hospitals may surpass that in clinical research and drug manufacturing sectors, as hospitals currently offer more assured returns with lesser risks, is the feeling of informed observers.
India down but not out19-OCT-09
China beats India in investment stakes, believes Morgan Stanley.
Surjit S Bhalla: Back to the future17-OCT-09
You look to the left, you look to the right. No difference. Nor is there any difference if one looks forward or backward.
Triple-A CEO10-OCT-09
Citi: Vikram Pandit’s stewardship of Citigroup just received the equivalent of a triple-A rating. Egon Zehnder, the recruitment consultancy Citi paid to conduct a review of its top brass at the behest of regulators, gave the chief high marks — though a few of his deputies didn’t fare so well. But to call this a complete vindication for Pandit would be a mistake.
Indiabulls fixes Rs 40-45 band for IPO08-OCT-09
Indiabulls Power Ltd has fixed a price band of Rs 40-45 a share for its proposed initial public offering (IPO). The company aims to raise Rs 1,700 crore.
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