Rich Asians Give Deutsche Bank Crazy Growth Potential
August 21, 2018

In Deutsche Bank AG Chief Executive Officer Christian Sewing’s push to get back into growth mode, there’s one specific business in which there are pretty much no hiring limits.

The private bank in Asia is still recruiting, even after bringing Continue reading

Peak Earnings? Investors May Think So. Analysts Really Don’t
August 4, 2018

Worried earnings can’t get any better than they are now? Investors seem to be, with another impressive reporting season about to end and not much to show for it in stocks.

But one Wall Street constituency that usually shares the Continue reading

Inside Wall Street’s $8 Billion VIX Time Bomb
February 13, 2018

It was the hot trade on Wall Street, a seemingly sure thing that lulled everyone from hedge fund managers to small-time investors.

Now newfangled investments linked to volatility in the stock market — until a few years ago, obscure niche Continue reading

Goldman Takes One-Time $5 Billion Hit From New U.S. Tax Law
January 5, 2018

Goldman Sachs Group Inc. said the U.S. tax reform will cut profit this year by about $5 billion, mainly because of a tax targeting earnings held abroad.

About two-thirds of the hit comes from the repatriation tax, while writing down Continue reading

The Worlds Biggest Wealth Manager Wont Touch Bitcoin
November 24, 2017

UBS Group AG, the world’s largest wealth manager, isn’t prepared to make portfolio allocations to bitcoin because of a lack of government oversight, the bank’s chief investment officer said.

Bitcoin has also not reached the critical mass to be Continue reading

Everyone From Goldman Sachs to HSBC Wants a Piece of Saudi Banking
November 6, 2017

Saudi Arabia’s ambitious plan to transform its economy away from oil has global banks lining up for a piece of the action.

It’s already the busiest year ever for merger and acquisitions and financing deals in the kingdom and that’s prompting the world’s Continue reading

Everything Is Crazy and the Markets Arent Freaking Out
November 3, 2017

At Credit Suisse Group AG’s prime brokerage desk in midtown Manhattan, the phone hardly seems to ring anymore. Its hedge fund clients don’t call about Donald Trump’s tweetstorms and the stock market or ask what to do when terrorists Continue reading