The Deal
Friday, November 20, 
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Entries tagged "Wachovia"

Trio of video conversations with Rodgin Cohen

Rodgin Cohen, dubbed the 'trauma surgeon of Wall Street' by The New York Times, sat down for video interviews with The Deal, sharing his reflections on 'the madness we saw in September '08.'


A look at Wells Fargo's 3rd-quarter earnings

Wells Fargo & Co.'s third-quarter earnings of $3.24 billion, or 56 cents a share, blew analysts expectations of $1.6 billion, or 35 to 36 cents per share out of the water.


Some bankers still expect a bigger bonus

Even with all of the trash talking about bankers' bonuses, more than a third of Wall Street finance professionals expect their bonuses to increase for 2009.


Citigroup's back to the future approach

It seems Citigroup is finally giving up the dream of being a big player in retail banking.


Crisis on Wall Street: Dealmakers whereabouts

It is the one-year anniversary of Lehman Brothers bankruptcy. Since then a lot of dealmakers have moved around.


Financial crisis: Dealmaking winners & losers

In the nearly two years since the recession began dealmakers have gotten one opportunity after another for transformational M&A deals. The Deal picks the Winners and the Losers.


Wachovia's Ken Thompson lands at PE firm

The former CEO of Wachovia is now making deals at middle-market buyout shop Aquiline Partners.


Wells Fargo's CEO may face questions

Wells Fargo's CEO John Stumpf bought Wachovia without government assurances and now suffers the consequences. Now will shareholders start demanding answers?


Finance Layoffs: Amex, HSBC, Legg Mason and more

More finance layoffs have been announced at American Express Co. (NYSE:AXP), HSBC Holdings plc (NYSE:HSBC), Legg Mason and more.


Finance Layoffs: Lloyds, BofA, Capital One and more

Reports are Lloyds Banking Group (NYSE:LLOY), Bank of America Corp. (NYSE:BAC), Capital One Financial Group (NYSE:COF) and Sovereign Bank (NYSE:SOV) will be laying off employees.


Finance Layoffs: Wells Fargo, HSBC and more

The latest layoff rumors and reports include Wells Fargo & Co., HSBC and more.


Finance Layoffs: PNC, Fidelity and more

Morgan Stanley, PNC and Fidelity Investments are among the latest financial services giants to announce layoff plans.



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Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


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Crisis On Wall Street
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Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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