Sentences with phrase «of investment banking as»

That day marked the end of investment banking as we knew it and opened the way to a global financial crisis that brought many to their knees.

Not exact matches

Among the wave of financial technology companies attempting to challenge the hegemony of Canada's Big Five banks are «robo - advisers,» such as Wealthsimple and WealthBar, whose platforms help clients create and maintain portfolios of mostly passive investments, such as exchange - traded funds, for fees in the neighbourhood of 1 % of assets per year.

The company and its eponymous product, created by serial entrepreneur and technology expert David Gurle, is scarcely out of startup mode, but already it's making waves as a potentially disrupting new force on Wall Street, thanks in large part to support from some of the world's largest investment banks.

Macquarie Group client investment manager David Kiely provided a financial community primer for what not do to in public view when he clicked on an e-mail containing racy GQ photos of Kerr as his colleague Martin Lakos appeared Tuesday on the country's Seven Network TV, to discuss the central bank's surprise decision to keep interest rates unchanged.

Some look at the funds in the bank as rainy day reserves instead of looking for a return on investment from a formal campaign.

For all the hoopla surrounding the digital economy and virtual businesses, the success of many ventures still hinges on serious capital outlay; indeed, a recent benchmark report by the Business Development Bank of Canada identifies «significant» investment in fixed assets as a key variable that helps mid-size companies grow into large ones.

Reuters first reported in June that Eldridge Industries, the U.S. owner of magazines Billboard and The Hollywood Reporter as well as Dick Clark Productions, had hired investment banks to carry out a review of its media holdings.

Some observers predict that such borrowers will be forced to tap networks of small investors who lend through mortgage brokers, as well as mortgage investment corporations — in other words, the most remote corners of Canada's shadow banking sector, which accounts for 40 % of Canada's banking space.

In this case, the skeptic is Bank of America Merrill Lynch chief investment strategist Michael Hartnett, who's gone as far as to identify six possible drivers of another $ 6 trillion stock market selloff.

For the past several months, the chief investment strategist at Bank of America Merrill Lynch warned against the so - called Icarus trade, which he defines as a reversal of the «melt up» seen in stocks since early 2016.

The Bank of England said to expect very little economic growth this year and next as business investment craters.

Swiss National Bank Chairman Thomas Jordan said in September that he sees bitcoin as more of an investment than a currency.

«Given (new CEO Christian Sewing's) background in credit risk and commercial banking it could be seen as a signal of a move from investment banking,» Colin McLean, managing director at SVM Asset Management, told CNBC in an email.

Investors in the U.K. bond market could see losses on their bond portfolios as the Bank of England continues to be behind the inflation curve, an investment officer told CNBC on Monday.

The majority of banks and economists have forecast a UK recession in the wake of Britain's shock decision to leave the European Union, as investment and trade suffer from the uncertainty around the country's future.

«Sarah's taking advantage of a unique confluence of events, building the relationships that start - ups today need to grow as fast as they can,» says Kevin Armitage, senior vice-president at FAC / Equities, the investment - banking division of First Albany Corp., which has worked with Gerdes during the past few years.

Schwimmer has been with Goldman for 20 years and most recently served as global head of market structure and global head of metals and mining in investment banking.

«The goal is to find an established business with a good growth plan,» such as an acquisition, or the development of a new product, says Dan Gardenswartz, principal of Sage Group LLC, a Los Angeles - based investment bank.

Several investment banks have signalled will move thousands of jobs away from the UK as a result of the prime minister's decision to pursue a clean break from the EU.

The company serves Canadian homeowners both directly, and through a network of referral partners such as banks, mortgage brokers and investment advisors.

Derivatives trading is the culmination of a wild year for bitcoin, which captured imaginations and investment around the world, propelled by its stratospheric gains, and its anti-establishment mission as a currency without the backing of a government or a central bank, and a payment system without a reliance on banks.

In a research report, the investment bank said buying power in the property market had been exhausted as developers rushed to dispose of their assets.

The lengthy and complex set changes, known as the Markets in Financial Instruments Directive II (MiFID II), will impact a broad swath of financial firms across the globe, but especially investment banks that do business in Europe.

It has imperiled multibillion - dollar deals and could ravage business relationships for years to come, as well as pummel the earnings of countless U.S. businesses, from oil producers to investment banks.

As background, at the end of 2006, investment banks were giving out record bonuses for record earnings.

Lots of investment professionals, including large Wall Street banks, are getting involved in «impact investing» (the term is said to have emerged only as recently as 2007), because their clients are asking them to.

The Wall Street giant has named Samik Chandarana, an 18 - year veteran at the bank, as head of analytics and data science for the corporate and investment bank, a newly created position according to an internal memo seen by Business Insider.

«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.

John Metz is joining Jefferies as a managing director and global head of enterprise - investment banking.

The complaints were filed by such transparently named financial institutions as HSBC Bank USA, and EMC Mortgage Corporation, and BAC Home Loans Servicing, L.P., and LSF6 Mercury REO Investments Trust Series 2008 - 1, and Citibank, N.A., as Trustee for the Holders of Bear Stearns Alt - A Trust 2006 - 6 Mortgage Passthrough Certificates Series 2006 - 6, and Deutsche Bank Trust Company Americas f / k / a Banker's Trust Company, as Trustee and Custodian for IXIS 2006 - HE3 by: Saxon Mortgage Services, Inc. f / k / a Meritech Mortgage Services...

One sticking point was the decision to name Garth Ritchie as head of the investment bank, one person said.

The four conglomerates originated in different sectors, but their underlying business model is the same: cultivate powerful allies in the Communist Party; use those relationships to win regulatory and property concessions; gather investment from friends, family and other proxies of party elites into a murky, unregulated private holding company; borrow heavily from state - owed banks and other sources to finance prodigious growth plans; invest as aggressively as possible in stock and property overseas as a hedge against slower growth in China and the risk of a weaker Chinese currency.

Bill Brady is joining as vice chairman of Jefferies and chairman of technology - investment banking.

The company's rapid expansion under Josef Ackermann as a global investment bank saddled it with an unwieldy structure and a culture of excessive risk - taking, critics say.

Cameron Lester is joining as a managing director, the global head of internet - investment banking, and a global cohead of technology - investment banking.

Bank shareholders will need to ponder these issues, among others, as they weigh a set of proposals the AFL - CIO office of investment is now adding to bank proxies for next yBank shareholders will need to ponder these issues, among others, as they weigh a set of proposals the AFL - CIO office of investment is now adding to bank proxies for next ybank proxies for next year.

With a new investment bank, Quincy Smith aims to be the center of the action as old and new media companies collide

While politicians point to a lack of investment in technology and skills as root causes, a recent Bank of England research paper has a more novel suggestion: Smartphones.

He will advise Terry Laughlin, Bank of America vice chairman and head of Global Wealth and Investment Management, as well as the Bank of America and GWIM leadership teams on business integration, goals - based wealth management and regulatory matters.

Equity crowdfunding under the JOBS Act has been seen as a democratization of the startup and small - business investment process, and one which will put the ability of entrepreneurs to raise capital into the hands of «the crowd» and not just wealthy investors, banks and Wall Street brokers.

«We're getting more prominent roles in transactions and also working on larger transactions — all as a result of the expansion of our US investment banking footprint,» Goldberg said.

Shadow banking is a broad category of banking - like services from non-traditional players; it can include loans from non-financial companies as well as investment products.

As an example, the U.K. receives 0.2 % of GDP directly invested into startups, which would translate into $ 120 million in direct startup investments in Lebanon in a given year, and we are at $ 40 million this year, despite the well - known [Lebanese] Central Bank initiative.

Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value equity.

The move would save Spotify money on underwriters, even though the company has still reportedly hired investment banks Goldman Sachs, Morgan Stanley, and Allen & Co. as part of the IPO process.

«With Steve's passing, Bezos is the epitome of the venture - backed CEO,» says Bill Gurley, another VC and longtime Amazon watcher, as well as the lead investment - banking research analyst for the company's 1997 IPO.

Fintech companies are transforming the banking experience by offering easy payment processes, opportunities to save consumers» money, ways to promote financial services such as investments and planning, and ultimately by driving the industry into the next generation of banking.

It may also be that both crowdfunded capital and institutional money can co-exist as in the case of The Carlton Group, a real - estate investment banking firm since 1991 that has closed over $ 100 billion in transactions.

• Eyas AlDossari joined Goldman Sachs as a head of the investment banking team in Saudi Arabia, according to Bloomberg.

• Christina Bresani joined William Blair as a managing director and head of financial services investment banking, Previously, Bresani was at UBS.