Banks including Barclays and Goldman Sachs Group Inc. have almost $9 billion worth of high-risk loans and bonds weighing on their balance sheets and face a nervous wait for the credit markets to reopen before they can sell the debt.
“You’ve got to see it to be it,” said NBC’s Stephanie Ruhle about the crucial role women’s networking groups play in financial services. Portfolia CEO Trish Costello and StarVest Partners co-founder Laura Sachar also spoke at the event.
J.P. Morgan’s total dollar value of completed middle-market M&A deals was the highest of any investment bank in the world. Goldman Sachs & Co., Morgan Stanley, Rothschild & Co. and Credit Suisse were among the top 5 in deal value.