Hints and tips:
...The firm surpassed its $9.5bn fundraising target and expects the fund to eventually invest $17bn when it taps loans from Wall Street banks, a common practice for private equity and credit funds, according...
...Oaktree Capital is seeking to raise $10bn for a new fund that will help finance large private equity takeovers, taking advantage of a void on Wall Street as other lenders are sidelined....
...Unlike the most prestigious Wall Street banks, which on the whole worked for blue-chip clients, Drexel’s closest ties were to ambitious outsiders....
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
...Long US banks, short eurozone banks The eurozone never took the needed action to clean up its banks’ balance sheets after the crisis. The US, with many fits and starts, did....
...So if you just look at it simply what happened to a bank - banks usually operate at 10-to-1 leverage, so you could own a bank with 8 per cent capital....
...Best regards, Andrew Lahde, CFA Portfolio Manager Lahde Capital Management, LLC...
...As for Mr Lee – known around Wall Street as “Jimmy Fee” – he is still young enough, at 55, to survive this market swoon and to pine again for that elusive $100bn prize....
...The plaintiffs are a class of individual investors – represented by the law firm Milberg Weiss, the scourge of Wall Street – who claim that, during the tech stock bubble of the late 1990s, the banks colluded...
...A federal appeals court said the suits make allegations of “an epic Wall Street conspiracy” to profit at the expense of the investing public by artificially inflating the prices of internet stocks....
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