INVESTMENT BANK

  • Xi Jinping calls for accelerated efforts to construct Silk Road Belt November 6, 2014

    Beijing: Buoyed by the successful launch of Asian Infrastructure Investment Bank in which India along with 20 other countries joined, Chinese President Xi Jinping called for accelerating efforts to construct Silk Road Economic Belt, saying that the two are complementary. "China will accelerate the construction of the Silk Road Economic...
  • Investment banks jockey for $100 million Samsung restructuring bonanza July 4, 2014

    Investment bankers are jostling to win plum roles from the founding Lee family of Samsung Group, South Korea's top feepayer, as it prepares to hand the baton to the next generation in a restructuring that could land more than $100 million in advisory fees alone. Foreign and Korean investment banks are...
  • Morgan Stanley upgrades Reliance Comm to 'overweight' April 9, 2013

    Mumbai: Morgan Stanley upgrades Reliance Communications Ltd to "overweight" from "equalweight" on the back of the company's Rs 12 billion fiber optic network sharing deal with the telecom unit of Reliance Industries Ltd. The investment bank raises its fiscal 2014 earnings estimates for Reliance Comm by 125 per cent as a...
  • Barclays likely to cut jobs, costs in overhaul plan February 12, 2013

    London: Barclays' new boss is expected to shrink his investment banking and European operations and stop activities that could damage the troubled British bank's reputation as part of a revival plan to be unveiled on February 12. Chief Executive Antony Jenkins, a retail banker who was picked at the end...
  • Morgan Stanley blames bad policies for low economic growth June 6, 2012

    Morgan Stanley cuts India's growth forecast to its lowest ever estimate of 5.8 per cent. ...
  • You can't be long on India, short on infra: Limaye March 22, 2012

    Vikram Limaye Age: 45 Career: Joined IDFC in 2005; prior to that, was associated with Credit Suisse First Boston in the US Education: CA, Mumbai University; MBA, Wharton Interest: Likes playing tennis Question: Where will the growth in infralending come from? Vikram Limaye: There is not much growth in the environment. Yet, we are clear that...
  • Goldman Q2 profit surges 65 pc to USD 3.44 bn July 14, 2009

    New York: Investment banking major Goldman Sachs on Tuesday reported huge profit of $ 3.44 billion for the second quarter ended June, bolstered by stellar performance in trading operations. Goldman Sachs' profit surged 65 per cent to $ 3.44 billion for the three months ended June 26, 2009. In the yearago...
  • Analyst forecast Georgian crisis 2 days in advance August 15, 2008

    Moscow: The outbreak of war between Georgia and Russia shocked most of the world last week, but an investment bank analyst predicted it two days in advance. Georgian President Mikheil Saakashvili sent troops into the breakaway, proRussian region of South Ossetia on August 7, on the eve of the Beijing Olympic...
  • Finance jobs raining at IIMBangalore March 13, 2007

    New Delhi: Nearly two thirds of IIMBangalore graduates have got into finance and consulting jobs, pushing aside last year's popular choice investment banking. A record 64 per cent of the entire batch of 233 secondyear MBA students chose finance and consulting as against investment banking, which was the hot pick...