Blog Archives

Bank of America lets go of another Non US business | Deal Insight – Banking Insight

After $50 bln of asset sales thru 2009-2011 the bank was unable to satisfy the Treasury of its dividend plans and barely made the stress test parameters in Q1 as its new plans to go global witha strategy look more

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, US

US Economy: The Berkshire Hathaway annual meet and what’s with Hollande?

First ones first, Warren Buffet’s annual dog and pony show for the Berkshire Hathaway annual meet in Omaha, NE /Iowa ( meet up with CNBC) and more than $30k in furniture sales at Buffet’s local furniture store meant that Berkshire

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, US

US Economy: Seriously, whose fault is it! ADP Payrolls jump only 120k, Chesapeake burnt and the Facebook IPO begins

ADP Payroll data put paid to all the anticipation for the Jobs report even as today’s Economic data seemed to resonate with the opening of markjets across the pond and talks with China hit new firewater shortage on both sides

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Posted in Amitonomics, Banking, Retail Lifestyle, US

Rainmakers leave JP Morgan , Goldman Sachs | Banking insight

Detractors probably look for something deeper and insiders just walk on thinking the changes to be a matter of course but Ian Hannam from JP Morgan and Yaoul Zaoui from Goldman Sachs could mean a significant change in the deal

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, US

Bank of America selling more International Assets | Banking Insight

Even as Apollo Corp picked up the Irish and Spanish credit card portfolios of Bank of America this week for EUR 1.3 bln in receivables and loans ata fair rate,  $19 bln in loans in the UK were sold of

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, US

Banks get ready for Crisis 3.0 – HSBC, BarCap and Nomura create a quintet issuer | Banking Insight

The LIBOR in muddy waters gave banks a brief respite from setting inter bank rates and as European Banks try to think up ways to increase their rate of return in the new ‘over’capitalised regime, they were first shorn of

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Posted in Amitonomics, Banking

The Deal Economy: Spain after Italy, Pepsi CEO for World Bank, What Deals? | Deal Insight

Q1 expectations for banks include another flyer that deals are shutting down again even as S&P targets are upped to 1400 and Dow remained positive last week after a big neckline plunge mid week. JP Morgan has gone digital and

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Posted in Dealbook, European Sovereign Debt crisis, Mergers etc

Why GIC and Temasek bought into BTG Pactual! | Deal insight

Let’s face it. For all the discussions about BRIC exploding into the Top 10 economies ahead of US and Western Europe, Brazil has been troubled for 2 out of 4 comeback years for Emerging BRIC economies, Russia probably 3 and

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Posted in Financial Markets

JP Morgan’s Brokerage teaches Wall Street marketing Strategy to sell a Ferrari/Lamborghini exclusive

A brokerage business with 400 advisors going to 650, with Advisors of Merrill Lynch, Morga Stanley and UBS ‘lineage” working for the new business, leaning on the World’s largest bank by assets and notably, profits successfully uses its ‘flawed’ Bear

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Posted in Banking, US

The Deal Economy: Guggenheim looks for ” a new hotness”, PE , Europe alive to business | Monday Round up

Guggenheim looks to enter Top 25 in US Guggenheim Partners look to add nearly $500 bln in Assets under management for a cheap sale from Deustche Bank lands them the entire US portfolio of the bank equally split in Institutional

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Posted in Financial Markets
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