Hints and tips:
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...On the day that Lehman Brothers filed for bankruptcy in September 2008, the front page of the Financial Times carried a photograph of John Thain, the then chief executive of Merrill Lynch....
...JPMorgan advised The Hartford. Bank of America Merrill Lynch advised Atlas Merchant....
...In the Salman case, Maher Kara, Salman’s brother-in-law who worked in Citi’s healthcare investment banking group, disclosed planned merger deals to his older brother Mounir....
...“Early in the year, sentiment had swung too far to the downside,” said Andrew Toburen, a portfolio manager with Chartwell Investment Partners....
...General Atlantic, the US-based investment group, is to make one of its biggest investments with the acquisition of a controlling stake in Argus, the London-based energy reporting company....
...They offer investors ease and simplicity at a very low price — often a quarter of the fee an investment adviser at Morgan Stanley or Bank of America Merrill Lynch would charge....
...New York-based Betterment, for example, says it can run retirement accounts for a fraction of the cost of a Merrill Lynch. Robinhood of Palo Alto charges nothing at all for stock broking....
...Richard Bernstein is the chief executive and chief investment officer for Richard Bernstein Advisors LLC...
...Sir David Cooksey, the former chairman of UK Financial Investments, the vehicle that holds the government’s stake in bailed-out banks, has joined the advisory board of Strategic Value Partners (SVP), a hedge...
...You may wish to explore general management programmes v specialising....
...When it comes to publicity, investment bankers are a notoriously fickle bunch....
...The group of creditors grew from three to about a dozen members last week when Calpers, Fortress Investment Group and others joined to dispute Lehman’s plan....
...For families such as the Longfellows, with retirement looming in the next decade, that threatens to be the real sting in the tail....
...Wilfred Sit, chief executive, Asia Pacific at Mirae Asset Global Investments, is optimistic of strong long-term inflows from the nascent retirement industries of the likes of Hong Kong and South Korea....
...The writer is a former M&A banker at Lazard, Merrill Lynch and JPMorganChase. He is the author of ‘The Last Tycoons: The Secret History of Lazard Frères & Co’ (Doubleday, 2007)...
...Early next year, the court will hear an appeal by investment banks and institutional investors, including Credit Suisse, Goldman Sachs and Merrill Lynch, who say they deserve immunity from antitrust suits...
...Mr Nides worked in a similar capacity with Mr Mack at the investment bank Credit Suisse First Boston....
...The ring-fencing of the cash flow gave the issue an investment grade credit rating of Baa3 by Moody’s Investors Service....
...The market leaders Merrill Lynch and Smith Barney have made clear they would love to grow their businesses by acquisition if they could make the numbers work....
...Black, Principal, The Wicks Group of Companies, LLC David Bonderman, Founder and Managing Partner, Texas Pacific Group Shelby Bonnie, Co-Founder, Chairman and CEO, CNET Networks Crandall Bowles, Chairman...
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