TITLE

PG&E's Escape: A Boon for Banks

AUTHOR(S)
O'Leary, Christopher
PUB. DATE
July 2003
SOURCE
Investment Dealers' Digest;7/07/2003, Vol. 69 Issue 27, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on a proposed settlement according to which California-based Pacific Gas & Electric (PG&E) Corp. will provide advisory and bond underwriting fees to financial services providers UBS Warburg LLC and Lehman Brothers. Amount which two financial companies are likely to get under the proposed deal; Objections raised by critics to the proposed deal; Approval of PG&E to the deal.
ACCESSION #
10327227

 

Related Articles

  • First quarter is shaping up as winner for financial firms. Kleege, Stephen // American Banker;3/25/1996, Vol. 161 Issue 57, p25 

    Reports that Lehman Brothers produced a strong earnings report for financial services companies in the United States for the first quarter of 1996. Comparision to 1995; Problems companies might experience; Overview of bank stocks; Comments from analyst, Charles Vincent.

  • Lehman Brothers exit reduces market depth. Trinidad, Pablo J. // Caribbean Business;11/9/1995, Vol. 23 Issue 45, p7 

    Reports on the impact of Lehman Brothers' decision to discontinue its trading activities in Puerto Rico on the local financial market. Reduced depth of the market; Part of an effort to restructure Puerto Rico operations to focus on public finance; Factors that influenced Lehman Brothers to...

  • E-Trader BondBook Gains Powerful Partners. Wisniewski, Mary // Bond Buyer;05/08/2001, Vol. 336 Issue 31134, p4 

    Reports the partnership of BondBook and Credit Suisse First Boston, Lehman Brothers and UBS Warburg. Views of John Kim, chief executive officer of BondBook on the partnership; Creation of additional online institution; Members of BondBook's advisory council.

  • A Powerful Payday Draws Flak.  // Investment Dealers' Digest;3/29/2004, Vol. 70 Issue 13, p7 

    The $6.7 billion Pacific Gas & Electric Co. (PG & E) bond offering that finally priced in mid-March after two years of tortuous negotiations just can't seem to shake controversy. While PG&E and deal managers UBS AG and Lehman Brothers Inc. argue the deal was a major success, rival bankers and...

  • Experts Say Lehman Case Is Warning, Not Precedent. Bergquist, Erick // American Banker;6/18/2003, Vol. 168 Issue 116, p6 

    This article focuses on a federal jury's verdict and $5.1 million award against the financial services company Lehman Brothers for financing the now-defunct First Alliance Mortgage Corp., as of June 2003. Noting that the decision did not come from a judge, experts said that similar lawsuits...

  • Arc Systems Signs Deal with Lehman. Grant, Rick // National Mortgage News;6/25/2001, Vol. 25 Issue 39 

    Reports on Arc Systems' deal with Lehman Brothers to build an automated underwriting system for Lehman's contract finance business. Tool that could allow Lehman to increase its acquisitions; Automation of due diligence involved in purchasing loans; Arc Systems' flagship LT2K automated...

  • Lehman says it's time to stock up on bank shares. Talley, Karen // American Banker;10/20/1998, Vol. 163 Issue 201, p30 

    Reports that Jeffrey Applegate, Lehman Brother's chief equity strategist, is preparing a report that will urge investors to place one-quarter of their holdings to large financial institutions in the United States. Need for the American federal government to take firm and aggressive action to...

  • SOLEIL'S BIG BET 'ON THE COME'. Hahn, Avital Louria; Lugo, Denise // Investment Dealers' Digest;5/26/2003, Vol. 69 Issue 21, p4 

    Presents information about developments related to investment banking around the world as of May 26, 2003. Reorganization of Soleil Securities Group Inc.; Integration of debt and equity capital market groups by Lehman Brothers Inc.; Plan of UBS Warburg Japan's president Mark Chiba to resign...

  • Lazard Hires Deal Adviser in Germany.  // American Banker;2/19/2009, Vol. 174 Issue 33, p8 

    The article reports that Alexander Doll has been hired as managing director of Lazard Ltd.'s financial advisory business in Germany. Doll comes to Lazard after eight years in the German offices of UBS AG, and a prior stint at Lehman Brothers. Doll will concentrate on Lazard's investment banking...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics