Tag: goldman sachs

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The Good, the Bad and the Ugly | which is your bank?

Colin Henderson

In this video commentary on the US Banks results they note that while large profits are announced, any parts of the business related to the US consumer consumer is flat. This includes all retail banking and credit cards. The only bright spots are the fee based revenue from the investment banking units, hence JP Morgan and Goldman Sachs results, although poor old Citi did not even make it there. One quarter does not make or break anything in banking in and of itself. However the predictions of Roubini and Baker linked below are playing out as expected, so which banks … Continue reading The Good, the Bad and the Ugly | which is your bank?

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Whats next for luxury brands and wealth management

Colin Henderson

We came across this in the latest edition of Monocle. The luxury business or the business of wealth management is like everything else under serious pressure during these calamatous times. This particular years conference should be interesting and note that banks are well represented (Goldman Sachs, and Deutsche Bank) FT Business of Luxury Summit The FT Business of Luxury Summit, now in its fifth year, is the premier industry event for senior luxury executives, business leaders and financiers from around the world. This year’s Summit will debate the key issues facing the luxury industry in today’s turbulent global economic climate. … Continue reading Whats next for luxury brands and wealth management