Wednesday, 26 November 2014
Last updated 2 hours ago
Sep 12 2008 | 11:57am ET
Despite the ongoing credit crisis, opportunities for private equity in the financial services sector remain compelling.
According to a Piper Jaffray report, since last August financial institutions have written balance sheet values down by approximately $500 billion. And with total loss estimates ranging from $1 trillion to $2 trillion, financial institutions are likely to experience additional losses and write-downs.
“Financial services companies, as well as regulators, shareholders, boards of directors and management teams, are recognizing the value-added sources of smart capital that private equity represents,” said Tom Chen, head of the financial institutions group at Piper Jaffray. “Forty percent of all private equity deals announced in 2008 involved financial services companies as compared to only 2%in 2001.”
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...