Headquarters of the company was in New York with offices in 12 main cities in US and 13 cities worldwide (London, Hong Kong, Tokyo, Singapore etc.) In 2005-2007 Bear Stearns was named “Most Admired” securities firm in Fortune’s “America’s Most Admired Companies” survey, and second overall in the security firm section. As of November 30, 2006, the company had total capital of approximately $66.7 billion and total assets of $350.4 billion. According to the April 2005 issue of Institutional Investor magazine, Bear Stearns was the seventh-largest securities firm in terms of total capital. As of November 30, 2007, Bear Stearns had notional contract amounts of approximately $13.40 trillion in derivative financial instruments, of which $1.85 trillion were listed futures and option contracts.
SAN DIEGO STATE UNIVERSITY College of Business Administration Finance 656 Fall 2013 Impact of Dodd-Frank Wall Street Reform and Consumer Protection Act on Goldman Sachs Group, Inc. II Contents Contents 1 2 Introduction ................................................................................................................. 1 Impact Analysis ........................................................................................................... 2 2.1 2.2 2.3 2.4 Transparency and Accounting for Derivatives.................................................... 2 Improvements to Bank and Thrift Regulations ................................................... 3 Ends too Big to Fail Bailouts .............................................................................. 5 Securitization ....................................................................................................... 6 References ............................................................................................................................ 8 1 Introduction 1 Introduction The Goldman Sachs Group, Inc. (further mentioned as GS) is a leading global investment bank, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. GS reports activities in the following four business segments: Investment Banking, Institutional Client Services, Investing & Lending and Investment Management. The institution provides mergers and acquisitions advice, underwriting services, asset management, and prime brokerage to its client. The bank also engages in market making and private equity deals, and is a primary dealer in the US Treasury security market.1 The Dodd–Frank Wall Street Reform and
Its chains include Foot Locker (and its Kids and Lady Store versions), Footaction USA and Champs Sports, totally 3,500 stores worldwide. It employs around 38,764 employees of whom around 25,493 are part-time. Their headquarters are based in New York. In the financial year ending January 2010 the company recorded revenues of $4,854 billion (FY2010) with the operating profit being $80 million (FY2010) and the net profit being $48 million (FY2010), (Datamonitor plc.2011). Below is a table to indicate Foot Locker Inc placement against its direct competitors for 2009, (Table 1).
Running head: Dollar General 1 Dollar General Columbia College RUNNING HEAD: Dollar General 2 Dollar General Dollar General is the leader when it comes to discount dollar stores with an annual profit of more than $12.73 billion a year. The major competition in the dollar discount stores for Dollar General in order are Family Dollar and the Dollar Tree. Another key player in discount stores is Walmart, although not a dollar discount store Walmart dominates all markets with $419.24 billion in revenue. 2011 brought on a year of expansion for Dollar General with plans to open up 650 new stores and remodel another 550 creating 6.000 new jobs in additional employees. Dollar General in owned by Koldberg Kravis Roberts & Co. L.P (KKR) who own more than 79% of all shares in Dollar General.
A CRO industry publication listed 18 top players in North America with total contract research revenues of 1,7 billion. The top 5 public companies comprised in 1,5 billion in revenues in 1996. Kendle is still able to keep up with the main industry peers. Its CAGR revenue and net income growth rate is 71.8% and 39.1% respectively compared to the 46.8% and 12.9% total CAGR revenues and net income of the largest 6 companies. Kendle Net Income margin of 5.3 % in 1996 is much higher than 1.6% of the Quintiles which is considered to be the “golden standard” of the industry and more than double more than 2.2% net income margins average.
GOLDMAN SACHS Goldman Sachs Group, Inc. is a premiere global bank holding company with strong interests in investment banking, securities trading, and investment management. The headquarters of this bank holding company are in Lower Manhattan, New York and Jersey City, New Jersey. The group maintains offices in major financial districts around the world, which serve corporations, governments, and wealthy families as well as financial advisors and money managers. Clients gain a host of services, which include merger and acquisition advice, underwriting services, asset management, and engagement in proprietary trading and private equity deals. The U.S. treasury securities market recognizes Goldman as a primary dealer, a special role granted to seventeen bank holding companies in 2008.
These other stakeholders include creditors (of which a majority are depositors), the deposit insurance agency and the government (Laeven, 2003, p. 1). In addition to this, banks as RBS are highly leveraged firms, which means that the debt-toequity ratio on their balance sheet is very
Commercial paper lending market is short-term debt that big businesses and financial institutions sell primarily to money market fund managers and other institutional investors. The companies use the loans to fund day-to-day business operations and typically last for 3 months. Lehman brothers collapse started when they change their strategy from low risk brokerage to high risk breakage because of the high competition between investment
Financial Analysis of MasterCard Worldwide Financial Management 534 Abstract This paper is to give a company overview of MasterCard Worldwide and to evaluate the company’s vulnerability to current financial threats, financial performance and stock analysis. Financial Analysis of MasterCard Worldwide MasterCard, originally known as Master Charge, was created by several California banks as a competitor to the BankAmericard issued by Bank of America, which later became the Visa credit card issued by Visa Inc. For over 45 years MasterCard has been a driving force at the heart of commerce, making the global economy safer, more efficient, more inclusive and more transparent for all. Throughout the world, its principal business is to process payments between the banks of merchants and the card issuing banks or credit unions of the purchasers who use the "MasterCard" brand debit and credit cards to make purchases. (MasterCard) They are all about delivering value to consumers and their partners, merchants, banks, telecommunications companies, small and midsize businesses, governments and every entity in between. Their vision is a world beyond cash and their mission is every day, everywhere we use our technology and expertise to make payments safe, simple and smart.
Therefore it is often referred to as ‘consumer economy’ (US Economic Profile). U.S., being the leading economy in the world, is also one of the major drivers of global economic activity. Although with the rise of large economic players such as China, the role which United States plays in global growth has weakened in the last decade, the influence that it has over global economy still remains very strong. In 2010 U.S. was the number one importer in the world with $1.903 trillion in imports and world’s 4th largest exporter with $1.27 trillion in exports (CIA - The World Factbook). The US dollar has been the most dominant currency in the world since World War II, after Bretton Woods exchange rate system was established.