American shareholders have a say on the pay of corporate executives and across the West, institutional shareholders take an active interest in the way managements run companies. Still, the Citi revolt took every Wall Street watcher by surprise.
The problems with the American economy are deep and complex. They are rooted in decades and decades of kicking the can down the road and using band-aids to mask the real consequences of certain policies, rather than enduring the pain of viable solutions.
Men make more risky investments, have more regret: 28.4% men vs. only 15.3% of women said they had made a risky investment with their money; in turn 80.4% of men said they also had made a recent financial decision they regretted vs. only 74.2% of women.
The industry is buzzing with new technology; and with new technology comes new buzzwords and phrases! “Cloud Computing”, “Software on Demand”, “Software as a Service”.
The Year of the Water Dragon, whilst normally providing good joss for those followers of Chinese astrology, is also proving to be a challenging one on various fronts.
The complex details are exhaustively set forth in the report. No one could quarrel with the stated goal, which is “to add alpha, or risk-adjusted excess returns, of greater than 2 percent annually to readily available indexes over a market cycle.&am
Gary Dugan, chief investment officer for private banking at Emirates NBD, is primarily responsible for the investment products and portfolios of the bank's high-net-worth clients.
David Hamilton, president of SunGard's banking business, said, "For many banks, the question has not been 'how do I succeed' but 'how do I survive'.
You are about to experience the most unbelievable week in America ever, and we have to prepare for the absolutely worst case,Dimon told his staff..
BMO Harris Private Banking today released its latest market commentary report, Equities Advance as Fears Ease. The report notes an improvement in the outlook for the eurozone and a continued advance in global equity markets.
It’s hard to feel too sympathetic for wealthy financiers caught behaving badly. But considering the stress of the job, and simple statistics, it shouldn’t be too shocking to hear of Wall Streeters stabbing a cabbie or defecating in public. Mor
In the global scenario, bright prospects are appearing from the emerging markets. Banking Total Shareholder Returns (TSRs) were considerably higher than the global average, for Latin America, Central and Eastern Europe, and the Middle East.