Hints and tips:
...Saudi Aramco has hired Wells Fargo banker Robert Fernandez to manage its relationship with banks after the oil company completed the world’s biggest share sale....
...Westerback joins from the private funds group at UBS Investment Bank where he spent a decade....
...The directors and one investment bank, Moelis, settled before a trial. But another bank, Royal Bank of Canada, contested the charges in court and winded up losing....
...Guggenheim was the main investor in the securities of Newstar Commercial Loan Trust 2009-1, a $250 million CLO arranged by Wells Fargo, said Scott Minerd, who helps supervise more than $100 billion as Guggenheim...
...In the US, the carnage is well under way....
...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....
...bun.gle [buhng-guh l] v, n. 1. v (with object) to do clumsily and awkwardly; botch: He bungled the job. 2. v (wihout object) to perform or work clumsily or inadequately: He is a fool who bungles consistently...
...vast pools of capital in Europe....
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