in
All Tags » Economic growth » Merrill Lynch (RSS)

Browse by Tags

  • Lehman goes bust, Merrill rescued

    The blog has never liked disaster movies, but it was quite a weekend for those who do. First, there was the hurricane hitting Houston and Texas. I used to live in Houston, and watching the pictures of the damage, could recognise familiar places washed away, or burnt down. The blog's sympathy goes...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-15-2008

  • $514bn and counting

    There seems no end to the losses being revealed by the world's major banks. The total has now reached $514bn . 110 banks and investment firms have now posted writedowns. CitiGroup, the largest US bank, tops the list with $55.1bn of losses, closely followed by Merrill Lynch with $51.8bn. Then comes...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-04-2008

  • Merrill cuts back on private jets

    I suppose when an industry has lost $400bn in a year, some sacrifices have to be made. In May, I documented how Deutsche Bank was no longer approving expense claims for ' adult entertainment' . Well, things have got worse since then, as the losses have continued to mount: • Goldman staff have...
    Posted to ICIS Blogs (Weblog) by Anonymous on 07-23-2008

  • Deutsche Bank ends porn channel expenses

    Spare a thought for the plight of the world’s investment bankers. According to the Financial Times, some minor cutbacks are finally taking place in the extravagant lifestyle to which they have come accustomed: • UBS, having lost $11bn in Q1 , has now told its analysts to fly economy on short-haul flights...
    Posted to ICIS Blogs (Weblog) by Anonymous on 05-09-2008
Page 1 of 1 (4 items)
© RBI 2008
Powered by Community Server (Commercial Edition), by Telligent Systems