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investment bank

March 21, 2012

“It’s time to play the music, it’s time to light the lights…". You don’t need to be a Goldman Sachs client to become a muppet, although it helps. 

“It’s time to play the music,
It’s time to light the lights…”

November 28, 2011

Ancient Mesopotamia knew how to deal with bankers. Every time a new monarch ascended to the throne, he would order all outstanding debts to be forgiven: the slates on which loans were recorded were literally swept clean.

Ancient Mesopotamia knew how to deal with bankers. Every time a new monarch ascended to the throne, he would order all outstanding debts to be forgiven: the slates on which loans were recorded were literally swept clean.

This was bad news for the people who advanced loans, but a relief to the common people, happy to pledge loyalty to their new monarch by way of return. The tradition began in Lagash, now in southern Iraq, in 2400 BC and lasted for generations.

September 15, 2011

UBS reports $2 billion (€1.45 billion) losses caused by unauthorised trading at its investment bank, the Swiss group said in a statement issued on 15 September.

UBS reports $2 billion (€1.45 billion) losses caused by unauthorised trading at its investment bank, the Swiss group said in a statement issued on 15 September.

Read the full story at CampdenFO.

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