Investment Banking

Deutsche Bank a decent flutter for Qatari royals

15 Jul 2016

Funds linked to Sheikh Hamad bin Jassim Al-Thani's family have upped stakes in Germany's largest bank to near 10 pct. The risk for "HBJ" is ongoing drab returns and the risk of further capital requirements. The opportunity is that Deutsche only trades at a third of book.

Goldman flaunts tin ear with Barroso hire

8 Jul 2016

The U.S. investment bank hired ex-European Commission head Jose Manuel Barroso to chair its London-based international division. Conspiracy theorists will have a field day over the cozy ties between finance and politics. With the UK poised to quit the EU, Goldman won’t care.

It’s time investment banking had an easyJet

1 Jun 2016

The industry’s value destruction mirrors that of airlines, which a major study found made no economic profit over a 13-year period. Low-cost alternatives in aviation eventually shook up staid business models. Banks are different, but the no-frills approach offers useful pointers.

Goldman’s DONG windfall leaves gains for Danes

31 May 2016

The Wall Street bank will have doubled its money in two and a half years when Danish state-owned utility DONG lists. The country’s socialists quit the ruling coalition in protest at Goldman’s $1.2 bln investment. But its cash sped a pivot to green energy at just the right time.