Sentences with phrase «than investment banks»

The group says that discrimination lawsuits have traditionally been brought directly against the original mortgage lenders rather than investment banks that packaged the loans into securities.

The example below is similar to the one I presented last year in You Can't Rescue the Financial System if You Can't Read a Balance Sheet, but makes allowance for the fact that assets continue to be impaired due to policy failures, and that deposit banks such as Citigroup use more bond financing than investment banks.

A level requirements for some roles in retail banking and insurance are lower than investment banking and investment management, while accountancy firm PwC decided in May 2015 not to count UCAS scores when recruiting for graduate talent.

Not exact matches

Warren Buffett «s Berkshire Hathaway Inc. (brk - a) has become Bank of America Corp's (bac) largest shareholder by exercising its right to acquire 700 million shares at a steep discount, more than tripling an investment it made six years ago.

This gambit and others — like additional senior hires and the use of tech to engage clients — is expected to increase Goldman's investment - banking client base by 10 %, to more than 9,000 by 2020 and to contribute $ 500 million of the $ 5 billion in new revenue the bank is chasing.

Retail, not mining, has borne the brunt of the slowdown in Western Australia during the past 12 months, with a study of the state's economy by the investment bank Goldman Sachs revealing a startling decline in retail jobs of more than 20 per cent.

«Higher than expected revenues in FICC, I&L (equity gains) and Investment Management (incentive fees) more than offset lower than anticipated revenues in equity trading and investment banking (DCM better than expected, M&A and ECM worse),» Barclays analyst Jason M. Goldberg said Investment Management (incentive fees) more than offset lower than anticipated revenues in equity trading and investment banking (DCM better than expected, M&A and ECM worse),» Barclays analyst Jason M. Goldberg said investment banking (DCM better than expected, M&A and ECM worse),» Barclays analyst Jason M. Goldberg said in a note.

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

Mint iPhone app Banks it works with: More than 7,000 U.S.financial institutions What you'll like: Check your account balances and transactions; track investment accounts; set up budgets and track spending; sends alerts if you're low on cash or credit, or if it detects unusual spending What you won't like: Can't pay bills or transfer money

She was the first female engineer to work on offshore oil rigs in the UK — an environment that she's said was less sexist than her next workplace in the investment banking industry.

Kaltura, for example, was founded eight years ago and has since raised more than $ 100 million from various venture capitalists and banks, all without the aid of an investment bank.

The former Goldman Sachs executives would bring more than 40 years of investment banking experience to Donald Trump's Cabinet.

Racial discrimination in hiring and employment practices continued at investment bank Morgan Stanley (ms) despite a class - action settlement more than a decade ago, according to a new lawsuit filed Thursday by a former employee.

Dina Cover of TD Bank was sure we would see an economic boom from new oilsands investment given «the notion that oilsands are a safer method of oil production (than Gulf Coast offshore).»

Banks have been an attractive investment in part because the return on equity has historically been very high — more than 20 % — but that level will be much harder to maintain.

Goldman Sachs Group reported a lower - than - expected quarterly profit as gains in investment banking were offset by weak trading revenue.

After being rejected by at least fives Canadian banks, one foreign financial institution believed in their grassroots idea and contributed a little less than half of the $ 7 million investment they needed to get the new brewery going.

Other than a stint as a currency analyst at a London investment bank, McKinsey was all he knew.

One interesting takeaway is that investment banks are now in an information business, rather than a capital business.

In addition to being president of Wells Fargo Investment Institute, Cronk is chief investment officer for Wealth and Investment Management, a division of Wells Fargo & Co. that includes Wells Fargo Private Bank, Wells Fargo Advisors, Wells Fargo Institutional Retirement and Abbot Downing businesses, accounting for more than $ 1.6 trillion in assets under adminInvestment Institute, Cronk is chief investment officer for Wealth and Investment Management, a division of Wells Fargo & Co. that includes Wells Fargo Private Bank, Wells Fargo Advisors, Wells Fargo Institutional Retirement and Abbot Downing businesses, accounting for more than $ 1.6 trillion in assets under admininvestment officer for Wealth and Investment Management, a division of Wells Fargo & Co. that includes Wells Fargo Private Bank, Wells Fargo Advisors, Wells Fargo Institutional Retirement and Abbot Downing businesses, accounting for more than $ 1.6 trillion in assets under adminInvestment Management, a division of Wells Fargo & Co. that includes Wells Fargo Private Bank, Wells Fargo Advisors, Wells Fargo Institutional Retirement and Abbot Downing businesses, accounting for more than $ 1.6 trillion in assets under administration.

But there's a story about Schultz that suggests he's less Machiavelli than mensch — told by Billy Etkin, 55, who runs a mergers - and - acquisitions investment - banking boutique in Manhattan.

To date, Kaltura has raised more than $ 100 million in equity and debt, and we've done it all without the aid of any investment bank or broker.

According to The Kauffman Firm Survey, 50 to 75 percent of young firms use capital injections, most of which comes from owner investments or sources other than banks, while 19 percent use bank loans.

Even then the project was huge and risky — an $ 11 billion terminal and a $ 7 billion pipeline to a still - developing gas play banking on the hope that the extraction, shipping, and liquefaction costs would combine to be less than global LNG prices and allow a return on investment.

He has more than 14 years» experience in venture capital, investment banking and strategic consulting, and has managed numerous private equity investments.

By 1981, Blankfein was on partner track at Donovan but then had what he called a «prelife crisis» and decided to «abandon law» and make the switch, if he could, to investment banking, which seemed more «interesting» than the law.

Goldman previously acknowledged its burn rate has been higher than rivals because its workforce has included relatively more investment bankers and traders and fewer bank tellers and salaried workers.

«Little surprises me in this business any more, but I was stunned that Bank of England Chief Economist Andrew Haldane could state that property is likely to be a better investment than pensions,» Edwards wrote on Wednesday.

«You need to do the same diligence you would with any kind of financial investment,» says Ken Kirsner of Bank of America, who has helped underwrite more than 200 nonprofit bond issuances around the country.

After less than a year in business, the company is bringing new technology to a pretty niche field in the world of investment banking and sparring with financial industry heavyweights in the process.

Mary Callahan Erdoes is CEO of J.P. Morgan's Asset Management division, a global leader in investment management and private banking, with more than $ 2.3 trillion in client assets.

Fund manager investments in Amazon.com Inc and Netflix Inc, both of which are up more than 35 percent for the year to date, helped boost the returns of large - cap funds, noted Savita Subramanian, equity and quant strategist at Bank of America Merrill Lynch.

The investment bank has made more than any other Wall Street firm advising companies on moving their headquarters overseas to avoid U.S. taxes.

During that time, the company's investment bank, Lazard Ltd, approached more than 30 possible lenders, according to court documents.

It's a little riskier than holding a big bank in your retirement account, but if you don't mind owning a $ 205 million market - cap business then there could be some good upside ahead, says Bruce Campbell, president and portfolio manager at Kelowna - based StoneCastle Investment Management.

Consider the unhappy experience of one East Coast software manufacturer whose chief executive retained a small and less - than - prominent investment - banking firm in his efforts to woo private - equity investors.

As John Dyett, a banker at investment bank Salem Partners, puts it, the underwriter's sales team is «much more concerned about what Fidelity thinks about it in the morning light than what you think about it.»

It was a mass email sent from an investment banking group where the average transaction size is more than $ 100m.

In one day, when the legendary investment bank said it could no longer meet its obligations and would file for bankruptcy, the Dow plunged more than 500 points, sparking market turmoil that eventually eliminated $ 7 trillion dollars in value.

For that analyst class, the investment - banking giant had more than 43,000 candidates apply for 1,900 analyst positions.

The investment bank's revenues jumped over 16 percent from a year ago, and earnings were far higher than analysts» estimates.

Shares in Banco BTG Pactual SA tumbled 2 percent on Thursday, the day after Brazil's largest independent investment bank reported profits fell more than 20 percent in the latest quarter.

He mentioned his first mentor, Speros Drelles, investment chief at Pittsburgh National Bank, taught him to focus on the future rather than the present with investments, and also that central bank policy moved markets even more than earniBank, taught him to focus on the future rather than the present with investments, and also that central bank policy moved markets even more than earnibank policy moved markets even more than earnings.

Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,700 locations, 12,500 ATMs, and the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy.

The deal comes more than one year after CHAMP hired investment banks to prepare the business for an initial public offering or trade sale.

Net revenues in Investment Banking were $ 781 million, 33 % lower than the third quarter of 2010 and 46 % lower than the second quarter of 2011.

The extra investment cash allows banks to make loans at a much faster clip than their deposits alone would allow.

A student of the Great Depression and a former economics professor at Princeton, he likely knew better than anyone in the Bush White House what was at stake when so many major U.S. investment banks were poised to fail in the panic of 2008.

Mr. Rutherford has more than 25 years of experience in investment banking and investment management, both as an institutional investor and analyst and, since November 2013, has served as a director of Anglo American plc, one of the largest UK - listed diversified mining companies.

This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.