[ad_1] Some positive signs at the independent investment bank might herald a better-than-feared quarter for its megabank competitors. [ad_2] Source link
Tag: JEF
The Fatal Flaw in Credit Suisse’s Last-Ditch Attempt to Save Itself
[ad_1] Credit Suisse Group AG’s new-look investment bank, CS First Boston, was supposed to help salvage the lender. Instead, it may have hastened its fall. The Swiss bank, buffeted by…
Wall Street Bonuses Fall by Most Since 2008
[ad_1] The average bonus was $176,000 last year, down 26% from 2021. [ad_2] Source link
Wall Street’s Missing Ingredient: Debt Offerings
[ad_1] In a preview for other investment banks, Jefferies reported solid results with one notable exception. [ad_2] Source link
Wall Street’s Bankers Brace for Big Pay Cuts, but Bosses Don’t Want Whining
[ad_1] Wall Street’s banking revenue has never fallen harder than it has this year. Bankers are hoping their bonuses can hang on a bit better. Fees from advising on deals,…