TITLE

Obama Plan Could Cost 5 Banks $13B

PUB. DATE
January 2010
SOURCE
American Banker;1/25/2010, Vol. 175 Issue 12, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that analysts at the financial services firm JPMorgan Chase & Co. have estimated that the plan of U.S. President Barack Obama to curb proprietary trading would cost five banks a total of thirteen billion dollars. The banks that would be affected are listed as Goldman Sachs Group Inc., Morgan Stanley, Credit Suisse Group AG, UBS AG, and Deutsche Bank AG.
ACCESSION #
47712703

 

Related Articles

  • Clear Channel Sells $750M in Bonds. Sheahan, Matthew // High Yield Report;9/15/2014, p4 

    The article reports that Clear Channel Communications Inc., a media and entertainment firm in San Antonio, Texas, sold its bonds worth 750 million U.S. dollars on September 5, 2014 to repay some of its debts. Topics covered include the amount of senior notes sold by the firm, and the financial...

  • Slower Tech M&A Forecast in 2008. Schachter, Ken // Red Herring;2/20/2008, p6 

    The article reports on the prediction of researcher 451 Group on technology merger and acquisition activity in 2008. According to 451 Group, mergers and acquisitions in the technology sector will slow down. Goldman Sachs still garnered the top technology merger & acquisition advisor for three...

  • Mounting Debt - Too Much of a Good Thing? Clouse, Carol J. // Investment Dealers' Digest;8/6/2007, Vol. 73 Issue 31, p10 

    The article focuses on the unsyndicated debt of investment banks in the U.S. According to the report of Credit Suisse company, Goldman Sachs & Co. has $71.5 billion in non-investment grade commitments, Lehman Brothers Holdings Inc. has $54.55 billion and Morgan Stanley & Co. Inc. has $36.4...

  • Dark Pools Said to Direct Orders Elsewhere as U.S. Volume Surged. Mamudi, Sam // Tradersmagazine.com;10/16/2014, p3 

    The article reports on the alleged advice given by Goldman Sachs Group Inc., Credit Suisse Group AG and UBS AG for their clients to temporarily stop sending orders in the midst of concerns over Ebola and global economic growth. An overview of dark pools or private trading systems usually owned...

  • Top 10 Contributors to Both the Clinton and Obama Campaigns.  // Human Events;3/3/2008, Vol. 64 Issue 8, p10 

    The article reports on the Top 10 Contributors to both the U.S. presidential campaigns of Democratic Senators Hillary Clinton of New York and Barack Obama of Illinois. The campaigns have raised a combined total of $272.8 million though the end of January 2008. They include Goldman Sachs,...

  • Banks Shop $595M Credit Facility for Global Tel Link. R. K. // Bank Loan Report;10/18/2010, Vol. 25 Issue 40, p1 

    The article reports on the move of Credit Suisse Group AG, UBS AG and Goldman Sachs Group Inc. to shop the 595 million U.S. dollars in loans for the dividend recapitalization of Global Tel Link Corp. It notes that the proceeds from the issue are planned to refinance existing debt and to fund a...

  • Wall Street's Fishbowl. Gross, Daniel // Newsweek;2/8/2010, Vol. 155 Issue 6, p19 

    In this article the author offers a history of investment banking in the U.S. and criticizes investment bankers for expressing disapproval at efforts being made by the administration of U.S. President Barack Obama to recoup taxpayer losses resulting from the global financial crisis and bank...

  • US HY LEAGUE TABLE.  // High Yield Report;9/27/2004, Vol. 15 Issue 37, p9 

    This article presents a high yielding league table of the U.S. Bookrunners. Some of them are as follows: Citigroup Inc.; CSFB; BofA Securities; J.P. Morgan Chase & Co.; Deutsche Bank AG; Morgan Stanley & Co. Inc.; UBS Corp.; Lehman Brothers Inc.; Goldman Sachs & Co. and Bear Stearns Securities Corp.

  • Banks Launch Roadshow for Palace HY Deal. Sheahan, Matthew // High Yield Report;2/21/2011, Vol. 22 Issue 8, p23 

    The article reports that as of February 2011, Morgan Stanley and Credit Suisse are looking for buyers for Palace Entertainment's offering of junk bonds worth 430 million dollars, which it will use to pay off debts, and states that Country Garden plans to price its 1 billion dollar bond on...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics