Tag Archives: Goldman Sachs
Proprietary trading is dead. Long live proprietary trading?
Whatever else you might say about investment banks, please don’t mention the “p” word. Not “p” for pay, but “p” for proprietary trading. My latest column for Financial News. As the debate over the future of the “p” word rumbles … Continue reading
Full steam ahead at Goldman Sachs?
Is the decision by Goldman Sachs to increase compensation this year a) stupid b) stubbornly short-sighted or c) eminently sensible? Welcome back, Goldman Sachs. It may be too early to call a recovery just yet, but Goldman Sachs had plenty … Continue reading
Is Goldman Sachs broken (in one simple chart)?
If you thought the bad second quarter results from Goldman Sachs were a temporary blip, think again. This chart casts doubt on the bank’s longer-term prospects… However hard you try to paint a flattering picture of Goldman Sachs’ second quarter … Continue reading
A wake up call for investment banks
The league tables for the first half of this year make for depressing reading for investment banks. And it’s unlikely to get better anytime soon. You know things are bad when investment banks that you have never heard of – … Continue reading
Goldman Sachs: mass exodus or business as usual?
At least 63 partners have left Goldman Sachs since the beginning of last year, according to my research. Is this evidence that Goldman Sachs isn’t working? Or par for the course? My latest column for Financial News: Another day, another … Continue reading
The resurrection of Morgan Stanley?
In a buoyant first quarter Morgan Stanley’s institutional securities division posted the best performance of the big US investment banks Welcome back, Morgan Stanley. In a buoyant first quarter for US investment banks, perhaps the biggest surprise, along with the … Continue reading
Investment banking: it’s grim out there
An in-depth analysis of the performance of the top 10 investment banks is a stark reminder that things can only get better – but that for some banks, they might just get worse. It’s hard to be cheerful when your … Continue reading
For some, BTG Pactual is much Better Than Goldman…
Huw Jenkins, the former head of UBS investment bank, and Roger Jenkins from Barclays are among the senior partners at the Brazilian investment bank who will emerge with stakes worth an average of $195m when it goes public this month. … Continue reading