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Investment Banking

Down But Not Out: Goldman Sachs' Profits Fall 70%

General

16 September, 2008

Down But Not Out: Goldman Sachs' Profits Fall 70%

The good news is Goldman Sachs is not going bust. The bad news the firm has posted a 70% drop ......

Vikram Limaye Appointed As Whole-Time Director On IDFC Board

General

16 September, 2008

Vikram Limaye Appointed As Whole-Time Director On IDFC Board

Infrastructure financial services provider Infrastructure Development Finance Company Ltd (IDFC) has appointed Vikram Limaye as whole-time director on the Board ......

Barclays Still In Race To Acquire Lehman's Agency Business

General

16 September, 2008

Barclays Still In Race To Acquire Lehman's Agency Business

The situation may not be so bad for Lehman Brothers as some suitors are still in the race to acquire certain assets ......

Temasek May Gain $1.5 Billion If BofA Buys Merrill At $29/Share

General

16 September, 2008

Temasek May Gain $1.5 Billion If BofA Buys Merrill At $29/Share

An year ago, sovereign wealth funds' exposure in big US investment banking giants like Lehman Brothers and Merrill Lynch was ......

What Is In Store For Lehman In India?

General

15 September, 2008

What Is In Store For Lehman In India?

Global investment bank Lehman Brothers has filed for bankruptcy under chapter 11. What does this man for the operations of the US ......

Citi Tops Sweep Stakes Among Foreign Banks In India

General

03 September, 2008

Citi Tops Sweep Stakes Among Foreign Banks In India

Standard Chartered may still be the largest foreign bank in India given the number of branches, but Citibank has taken ......

Goldman Sachs Gets Nod For Mutual Fund Unit In India

Others

01 September, 2008

Goldman Sachs Gets Nod For Mutual Fund Unit In India

Goldman Sachs Asset Management Company (India) Pvt. Ltd., a subsidiary of Goldman Sachs Group, Inc. (GS),that it has received approval ......

Govt Mulls Reserving Public Sector IPO/Stake Sale Mandate To PSU Banks

General

01 September, 2008

Govt Mulls Reserving Public Sector IPO/Stake Sale Mandate To PSU Banks

This does not seem to be good news for the investment banks such as Ernst & Young and ICICI Securities. ......

SUUTI Hires JPMorgan,Citibank & ICICI Sec To Advise On Axis Stake Sale

General

30 August, 2008

SUUTI Hires JPMorgan,Citibank & ICICI Sec To Advise On Axis Stake Sale

Special Undertaking of UTI (SUUTI), which was formed to take over the assets of US-64 after they plunged drastically in ......

Goldman Applies For Primary Dealership; To Inject $50M In G-Sec Arm

General

28 August, 2008

Goldman Applies For Primary Dealership; To Inject $50M In G-Sec Arm

Even as it is reportedly facing a US probe over its links with asset management giant Fidelity for sale of ......

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