New York

  • News

    Bank of America Prime Brokerage Invents New Neighborhood

    It’s called the Golden Rectangle. And if you’re reading this, there’s a decent chance you work in it.

    / Jan 15, 2013 at 4:11 PM
  • News

    Dick Bové: New York-Based Banks Should Move To A State That Won’t Hold Them Accountable For Fraud

    In the face of “constant hostility”—including lawsuits and a general lack of interest in promoting the industry—banks ought to leave New York and head for friendlier terrain, analyst Dick Bove said. In a note released a day after New York Attorney General Eric Schneiderman announced a lawsuit against JPMorgan Chase, Bove said it’s time for […]

    / Oct 2, 2012 at 4:47 PM
  • News

    New York City Doomed!

    Wall Street being the lifeblood of the city and all that, the state of financial jobs is, one notices, a topic of concern. This being so, here comes the bad joss from the Independent Budget Office of New York: Wall Street securities firms will emerge from the current recession in a down-sized mode, with few […]

    / May 21, 2009 at 10:35 AM
  • News

    Secondary Effects

    Active interest this morning in Credit Default Swaps on New York Munis. Not surprising given that New York is going to take it on the chin if the recent slew of bonus-bans takes hold. To the extent taxes are a municipality’s lifeblood, New York is about to get exsanguinated.

    / Mar 20, 2009 at 9:59 AM

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