House Poor Returns: A New Norm in the Investment Landscape? The term ‘house poor’ is making a comeback in the investment banking lexicon, and it’s not a welcome return. The phrase, which refers to homeowners who spend a significant portion of their income on home ownership costs, leaving them with little disposable income for other …
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Blog Post: Credit Suisse Investors Sue Over Bank’s Demise – Blaming Toxic Culture at NYC Office Recently, a group of Credit Suisse investors has filed a lawsuit against the bank, attributing its demise to a toxic culture within its New York City office. This news, reported by the New York Post, has raised several questions …
Intelligent Blog Post – SVB Financial Group Sells SVB Securities to Jeff Leerink-led Management Team, Backed by The Baupost Group SVB Financial Group Sells SVB Securities to Jeff Leerink-led Management Team, Backed by The Baupost Group In a recent development in the investment banking industry, SVB Financial Group has decided to sell its subsidiary, SVB …