There have been rumours this week of Citi being bankrupt in Banknet360 and Yahoo’s message boards (see earlier blogs on Yahoo message boards and Citi) "Citi filing for Chapter 11 in the next few days" … oh no! what a headline. However, according to Here is the City, these rumours are originating out of Asia…
Interesting stats and facts coming out of the hedge fund and private equity worlds this week. First, Hedge Fund Research (HFR) released their year end report of inflows and outflows to the hedge fund markets in 2007. The headline is that The hedge fund industry attracted a record $194.5 billion in new investor capital in…
Interesting stats and facts coming out of the hedge fund and private equity worlds this week. First, Hedge Fund Research (HFR) released their year end report of inflows and outflows to the hedge fund markets in 2007. The headline is that The hedge fund industry attracted a record $194.5 billion in new investor capital in…
Interesting stats and facts coming out of the hedge fund and private equity worlds this week. First, Hedge Fund Research (HFR) released their year end report of inflows and outflows to the hedge fund markets in 2007. The headline is that The hedge fund industry attracted a record $194.5 billion in new investor capital in…
HSBC sent out a press release yesterday announcing that they are re-naming the "Corporate, Investment Banking and Markets Division". It will now be called "Global Banking and Markets". Global Banking and Markets comprises five main businesses: Global Banking, Global Markets, Global Asset Management, Global Research and Principal Investments. The press release quotes CEO, Global Banking…
HSBC sent out a press release yesterday announcing that they are re-naming the "Corporate, Investment Banking and Markets Division". It will now be called "Global Banking and Markets". Global Banking and Markets comprises five main businesses: Global Banking, Global Markets, Global Asset Management, Global Research and Principal Investments. The press release quotes CEO, Global Banking…
Little Britain, the UK comedy show, made a character that you may think is extreme. Her name is Carol, and she works for a fictional bank, Midwest. The way the sketch works is that each time a customer comes into the bank, she rattles away on the keyboard and then delivers the punchline: "Computer says…
Little Britain, the UK comedy show, made a character that you may think is extreme. Her name is Carol, and she works for a fictional bank, Midwest. The way the sketch works is that each time a customer comes into the bank, she rattles away on the keyboard and then delivers the punchline: "Computer says…
Little Britain, the UK comedy show, made a character that you may think is extreme. Her name is Carol, and she works for a fictional bank, Midwest. The way the sketch works is that each time a customer comes into the bank, she rattles away on the keyboard and then delivers the punchline: "Computer says…
In an interesting article in the NYTimes, IBM’s optimistic and upbeat assessment for a 15%+ rise in profits in 2008 is questioned. Answer: IBM’s not reliant on the depressed American economy but is making shedloads in the BRIC economies and from banks. Here’s the bit that piqued my interest in particular: "The questions from Wall…
