Hints and tips:
...That is one reason global investors steer clear of Europe’s banks, thinks Joseph Dickerson at Jefferies....
...with Elliott Management executive Terry Kassel and Annie Dickerson, who has close ties with Elliott president Paul Singer....
...Joseph Dickerson, an analyst at Jefferies, said the structure of the trading plan could allow NatWest to start a share buyback programme....
...Fixed-income revenue surged 23 per cent — similar to the increases recorded by Wall Street rivals such as JPMorgan Chase, Goldman Sachs and Morgan Stanley last week....
...Mr Dickerson said he expected analysts to question Lloyds executives on the bank’s succession plans when it reports full-year results next week....
...The strong performance of Barclays’ trading desks compared favourably with larger investment banks like Goldman and Morgan Stanley, although its overall trading revenues are still dwarfed by US rivals....
...“I think the Europeans have just got their ducks in a row, but they are not mounting a come back yet,” said Magdalena Stoklosa, analyst at Morgan Stanley....
...The offering, which will see the company trade under the ticker symbol ETSY, is underwritten by Goldman Sachs, Morgan Stanley and Allen & Co....
...Joseph Dickerson, equity analyst at Jefferies, said: “Clearly if you look at the market environment right now, it’s not the best to IPO – the FTSE is off around 7 per cent year to date....
...Lloyds had backstopped the equity issue at 44p so fears about “death-spiral” dilution were misplaced, said Execution analyst Joseph Dickerson....
...Morgan Stanley, which is advising RBS on the government’s Asset Protection Scheme, said its rehabilitation could take until 2013....
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