Tag Archive for Financial Markets

Surviving the investment bank killing zone – Reuters

Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking specialist Renaissance Group told Reuters. Investment banks are undergoing wrenching change as weak financial markets force companies to pull back on raising capital and striking deals, cutting the flow of…

Relieved Europe hints at more time for Greece | Reuters

(Reuters) – Euro zone paymaster Germany, relieved at a narrow election victory for Greece’s pro-bailout parties, signaled on Monday it may be willing to grant Athens more time to meet its fiscal targets to avert a catastrophic euro exit. But financial markets’ relief that the 17-nation European currency area had avoided plunging deeper into crisis…

Central Banks Warn Greek-Led Euro Stress Threatens World. Pundits Demand Quick Fix

Central banks intensified warnings that Europe’s failure to tame its debt crisis threatens to roil the world’s financial markets and economy as Greece’s election in two days looms as the next flashpoint for investors. Monetary policy makers from the U.K. to Japan and Canada sounded the alert about potential fallout from the single currency bloc’s…

Ted Kaufman: Facebook Fiasco Damages U.S. Markets

The Facebook initial public offering fiasco is just the latest in a string of events that have seriously damaged the credibility of U.S. equity markets. The exodus of retail customers from our stock markets is the most obvious and dangerous indication of this loss of credibility. Too many things have happened in recent years that…