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Their vast balance sheets are constantly changing, and traditionally the firms have been loath to reveal their positions to competitors.
Then came the big one: the 1998 merger of Mr Weill's brokerage-and-insurance empire, with its vast army of salesmen, and Citibank, with its vast balance sheet.
Despite its progress in whittling down its asset-backed securities and leveraged loans, its vast balance sheet remains laden with risk.
Though MSNBC's failings are but a blip on the parent company's vast balance sheet, Mr. Immelt, who declined to comment, is said by people at NBC to consider the state of MSNBC an embarrassing perception problem.
On Wall Street, people are hugely overcompensated for generating revenue, which they do by selling products (stocks, bonds, advice on mergers or investing) and by using their vast balance sheets to facilitate trades for clients and to take the risks others don't want to take.
They have vast balance sheets, worth more than twelve times Scotland's £150bn GDP: By moving their domiciles to England these institutions would, explicitly, be the problem of London, rather than Edinburgh, in the event of a future 2008-style financrisisrisis.
Similar(53)
The Bosnian constitution another text with American input is a vast balancing act.
Like many financial institutions, Lehman has a huge balance sheet — it owes vast sums, and is owed vast sums in return.
He was referring to the financing of our vast current balance of payments deficit.
As former International Monetary Fund chief economist Kenneth Rogoff has said, the biggest debt relief programme is being provided by China, in financing the vast US balance of payments deficit.
We are not hoarding a vast cash balance.
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