For now Moynihan is clearly banking on cost-saving measures associated with mass layoffs to help convince stock market investors that Bank of America is headed in the right direction and can deal with the current low-interest rate environment, mortgage-related legacy issues and new international banking capital requirements that Moynihan said were the biggest challenges facing his bank.
FORBES: BofA CEO Impresses Investors With $5 Billion Of Cost Cuts
Vinayak, a Singapore-based partner who leads investment banking and capital markets for Asia at McKinsey.
In November Schwartz hired veteran automotive analyst John Casesa, formerly of Merrill Lynch, as senior managing director of investment banking and capital markets.
FORBES: Hulu Hires Former Bear Stearns CEO TO Advise On Sale
In recent years, it has turned its focus on building credit cards (buying MBNA Corp. earlier this year, for example), private banking, capital markets and other nondeposit intensive businesses.
"The figures will give Deutsche Bank tailwind for selling their shares in the capital increase, " said Dirk Becker, a banking analyst with Kepler Capital Markets in Frankfurt.
In addition to mergers-and-acquisitions advisory, investment banking includes raising capital through stock and debt.
Some economists argue that those countries should learn from Chile's open market economy, tight banking supervision and capital controls.
"Politicians want to look like they are doing something while not doing something, " says Joseph Mason, a professor at Drexel University who studies banking regulation and capital markets.
Eager to curry favor with the next batch of global leaders, ensuring a future supply of investment banking fees, capital to expand abroad is now increasingly available from international sources.
One big reason for the discrepancy in results is that far more of the students from national schools ended up in either investment banking or venture capital, the two most lucrative fields, according to our survey.
Short-termism has resulted directly or indirectly in corporate earnings games, the deferral of investments needed for long-term competitiveness and the transformation of investment and commercial banking from a capital-facilitating agency service business into a principal proprietary trading business.
"It gave us a chance to lead the digital-banking revolution, " Jon Witter, Capital One president of retail and direct banking, says of the ING deal.
WSJ: Online-Only Banks Start to Yield More Than a Virtual Advantage
Investment banking is hungry for capital, but the investment bankers argue that it produces superior returns.
ECONOMIST: Germany's biggest bank regroups to storm New York
As the city's law firms have grown, so have its accountancy, merchant-banking and venture-capital businesses.
It also announced that it had met the European Banking Authority's capital requirement, largely by shrinking its balance-sheet.
At the ground floor of the IPO life cycle, these are quality early-stage portfolio companies of our investment banking firm First Line Capital.
Hong Leong Financial Group, a Malaysian lender controlled by the country's sixth-richest man Quek Leng Chan, in January offered to take its 79 percent-owned investment banking arm Hong Leong Capital private.
The banking regulator announced stricter capital-adequacy requirements in September.
Hong Leong Financial Group Bhd, a Malaysian lender controlled by the country's sixth-richest man Quek Leng Chan, in January offered to take its 79 percent-owned investment banking arm Hong Leong Capital Bhd private.
But in an attempt to quash the speculation -- which had seen Barclays shares plunge by more than 12 percent -- the group stressed its Barclays Capital investment banking division was trading ahead of last year.
Central bankers who make up the oversight body of the Basel Committee on Banking Supervision announced new capital standards for banks on Sunday, aimed at reducing the risk of another financial crisis that comes from a drying up of banks' liquidity.
One reason Canadian and Spanish banks have succeeded in moving into the U.S. in recent years is that they haven't put too much pressure on their U.S. subsidiaries to grow, says Gerard Cassidy, a banking analyst with RBC Capital Markets, so they weren't overextended when the financial crisis hit.
Because the Co-Op would become so large in the sensitive business of taking deposits, with care of tens of billions of pounds of savings for many millions of customers, it would be forced to change its corporate structure and governance, and dedicate more capital to banking, to protect depositors from losses.
One reason why Wal-Mart might be reluctant to buy Lenta, at least in the short term, is the amount of due diligence that would be needed, says Herbert Moos, the chief financial officer of VTB Group, which together with TPG Capital holds a stake in Lenta through its VTB Capital investment banking unit.
According to the Bank of England's analysis, if every single one of those countries went bust and wrote off 50% of their sovereign debt, banking debt and non-bank private-sector debt, that would wipe out around half the capital in the UK banking system - which is another way of saying that, in theory, the majority of our banks would limp on.
Basel II was initiated in 2004 and expanded capital requirements to include tenets to maintain consistency of banking regulations globally in respect to risk and capital management procedures.
FORBES: Basel Barriers: How capital requirements would impede progress in the sovereign debt crisis
Over time, excessive capital levels will increase the cost of capital to the banking industry and decrease lending.
FORBES: Chicago Fed Panel: Increased Capital Will Not Save The U.S. Banking System
In addition to Chinese sources of capital, international banking firms are now more than willing to support Chinese companies with global ambitions as well.
Yet even among nationalistic Asians, attitudes are changing, if for no other reason than the desperate need for foreign capital to rebuild banking systems.
To clarify, men like Yeager are forced to actually remove growth capital from the banking system in order to sustain their most basic standards of living.
FORBES: The Fed's "Loose" Money Stance Is Making Credit Tight
应用推荐