Why,the,Investment,Banking,Ind finance, share, loan Why the Investment Banking Industry Will Be Happy
If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track Thankfully, there are now several web sites that are there to help people like you with bad credit to find the fast personal loans that you need. When you have bad credit, the first thing that you should be looking for is a loan company that
There's a lot of change in the economy still to come and, as I written before, I think there's going to be a huge amount of mergers and acquisitions (M&A) over the coming quarters. The investment banking industry will surely be pleased."The Wall Street Journal" reported that pharmaceutical giant Pfizer, Inc. (NYSE/PFE) has been talking to Wyeth (NYSE/WYE) about a potential acquisition. Wyeth is much smaller than Pfizer, but its current stock market capitalization is well over $50.0 billion.The pharmaceutical industry is ripe for consolidation for two reasons: the availability of capital is scarce right now; and most of the big players in the industry face a lot of patent expirations over the next three years. Really, it's the patent expiration glut that will be the driver of consolidation in the pharmaceutical industry.Credit is tight and the stock market is down, so raising money to expand in the current environment is more difficult. So, the answer is to merge with your rivals and consolidate your operations so you can better weather the economy and the patent expiration storm. If you're a large-cap pharmaceutical company and you can't grow your revenues, you might as well merge to get bigger and shed jobs to grow your earnings. It's a time-tested strategy that mostly works in all industries.This trend will certainly help Wall Street, which, as an industry, is really in need of some new business. With capital markets around the world in turmoil, there are not as many fees coming into what's left of the investment banking industry. The shine has been taken off of Wall Street's shoes of late and, with the hedge fund industry also in turmoil, there isn't enough trading revenue to go around.M&A will be Wall Street's savior over the next couple of years and this is good news for an industry that's been beaten up. It will also be good news for the consulting industry and, of course, it will be good news for the lawyers.The only bad news about industry consolidation in pharmaceuticals is that we'll lose some solid dividend-paying companies and there will be less competition in the marketplace. Wall Street won't be the only beneficiary of new M&A activity. No doubt the antitrust folks in government will be getting busier.Profit Confidential---http://www.profitconfidential.com/LOMBARDI PUBLISHING CORPORATIONNews, Analysis, and Information Services Since 1986.One Million Customers in 141 Countries.Lombardi Publishing CorporationFinancial Publications Division350 Fifth Avenue, Suite 3304New York, NY 10118-3304---Copyright 2008; Lombardi Publishing Corporation. All rights reserved. No part of this e-newsletter may be used or reproduced in any manner or means, including print, electronic, mechanical, or by any information storage and retrieval system whatsoever, without written permission from the copyright holder. Article Tags: Investment Banking Industry, Investment Banking, Banking Industry, Wall Street, Good News
Why,the,Investment,Banking,Ind