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Goldman Sachs and other investment banks...

Billionaire Alan Howard founded a cryptocurrency trading platform that attracted funding from top Wall Street investment bankers. Besides Sachs, Barclays, Dawn Capital, Commerzbank and Galaxy have invested in Elwood Technologies. The cryptocurrency trading platform is a collaboration between traditional financial institutions and crypto-native funds. The financing led by Goldman Sachs put a value of more […]

Investment banks rush to cut yuan foreca...

Chinese yuan coins and banknotes are seen in this illustration photo taken February 24, 2022. REUTERS/Florence Lo/Illustration/Files Join now for FREE unlimited access to Reuters.com Register SHANGHAI/HONG KONG, May 16 (Reuters) – Major investment houses cut their forecasts for the yuan for the second time in just three weeks as the Chinese currency’s recent sharp […]

IT Spend by Size and Investment Banking ...

New Jersey, United States – Comprehensive analyzes of the fastest growing companies IT Spending by Investment Banking Market provide information that helps stakeholders identify opportunities and challenges. The 2022 markets could be another big year for investment banking IT spending. This report provides an overview of the company’s activities and financial situation (a company profile […]

Retreat of investment banks amplifies ma...

By Tom Zanki (May 11, 2022, 7:51 p.m. EDT) – The apparent withdrawal of investment banks from transactions involving special purpose acquisition companies adds jitters to a once-booming market that now faces a twin headwinds of weakening investor appetite and the prospect of stricter regulation. Goldman Sachs Group Inc. said on Monday it was reducing […]

Investment banking retirement amplifies ...

By Tom Zanki (May 11, 2022, 7:51 p.m. EDT) – The apparent withdrawal of investment banks from transactions involving special purpose acquisition companies adds jitters to a once-booming market that now faces a twin headwinds of weakening investor appetite and the prospect of stricter regulation. Goldman Sachs Group Inc. said on Monday it was reducing […]

Investment Banks Back Euro To Go Higher ...

ING raises its EUR/GBP forecast MUFG holds a tactical long EUR/GBP Credit Agricole says EUR will benefit from ECB policy change Image © Pound Sterling Live The Bank of England’s monetary policy meeting in May led to a significant drop in the value of the pound as well as a shift among currency analysts, who […]

Global investment banks in China are fin...

All but one of China’s global investment banks finally managed to turn a profit last year after Beijing allowed them to take full control of their operations and expand their influence in the country’s colossal financial sector. After years of losses or meager returns, six of seven Wall Street and European financial institutions with investment […]

Lic Ipo Investment: Investment Banks Wai...

Investment banks advising on Life Insurance Corp.’s initial public offering. of India are forgoing the hefty fees expected of the country’s largest listing and instead settle for glory in the leaderboard rankings. The 10 advisers managing the IPO will receive around 10 million rupees ($129,000) each for their role in the offering, a fraction of […]

Do not delist European investment banks ...

For the dozen or so major global investment banks, the first-quarter earnings season is nearly over. At the time of writing, only the French have yet to report. What have we learned? Trading was flat, transactions were down – but within that summary is a wealth of detail. Yes, the five Europeans to have declared […]

Texas Fossil Fuel Law Challenges Status ...

The eligibility of some investment banks to underwrite municipal bonds in Texas is being reviewed as the state verifies compliance with its fossil fuel law, according to the attorney general’s office. The state comptroller asked 158 financial firms — including investment companies, mutual funds and others — to clarify their treatment of energy companies. Issuers […]

ASS investment banks earn $97.3 million ...

According to Refinitiv’s 2022 Regional Investment Banking Analysis Report, the value of announced M&A deals with any involvement in Sub-Saharan Africa reached $7.0 billion in the first three months of 2022. However, the amount was 13% lower than the value recorded during the same period in 2021, despite an 11% increase in the number of […]

Investment banks cut China’s growth outl

Prolonged shutdowns in Shanghai have hampered supply chains and prompted banks to cut Chinese GDP forecasts. Here, a truck leaves a port on April 13, 2022, with medical supplies for Shanghai. Tang Ke | Visual Group China | Getty Images BEIJING — In just about a week, several investment banks have cut their growth forecasts […]

How Market Volatility Disrupted Investme...

MMarkets had a volatile start to 2022. S&P500 is down 6% since the start of the year. Investor concerns about inflation and rising interest rates caused market volatility. Then Russia invaded Ukraine on February 24, only adding more uncertainty to the picture. As a result, companies seeking to go public through initial public offerings (IPOs) […]

Investment banks: the future of risk man...

Investment banks: the future of risk management – Risk.net Amid a complex and rapidly changing threat landscape, pressure is mounting on investment banks to improve the robustness of risk controls in their organizations and take a more forward-looking view of operational risk. This Risk.net Investigative report explores the current state of risk controls in investment […]

A post-earnings look at Wall Street’s to

The big Wall Street banks just launched the latest round of earnings reports; here, fund manager and value investor John Buckinghamand editor of The cautious speculatorreviews the results of three major investment banks. The financial results for the first quarter are below analysts’ expectations. to JPMorgan Chase (JMP). The largest U.S. bank earned $2.63 per […]

Axial Releases Top 25 Lower Middle Marke...

NEW YORK, April 14, 2022 (GLOBE NEWSWIRE) — Axial, the online M&A platform connecting buyers and sellers of U.S. small and midsize companies, today released its market investment banking rankings lower middle for the first quarter of 2022. Unlike traditional league tables, which typically rank companies based solely on deal volume and dollar volume, the […]

Dow Jones futures remain choppy, TWTR an...

Dow Jones futures are trading flat on Thursday ahead of the market open. Dow Jones futures advanced on Tuesday, but the Nasdaq led the way. Dow Jones futures are still locked in a range pattern with no breakout insight. Dow Jones futures advanced on Wednesday as risky assets saw inflows despite another record reading from […]

Major investment banks call peak inflati...

The early 1980s evoke many memories for economists. The Reagan Revolution reinvigorated Wall Street, as Oliver Stone’s film of the same name memorably depicts. But before that, the 1980s saw the end of an era that economists now call the Great Inflation. The data released on Tuesday brought back memories of that time. Inflation in […]

Investment banks pick their favorite ele...

Goldman Sachs, Bank of America and others picked their favorite EV-related stocks, including automakers, battery makers and charging companies. Goldman raised its forecast for electric and hybrid vehicles last week, saying it expects electric vehicles to make up 46% of cars on US roads in 2040, up from 32% previously. He also expects electric vehicles […]

IT spending by investment banking indust...

A report on IT spending by the investment banking industry has been released which provides an overview of global IT spending by the investment banking industry along with a detailed explanation that provides plenty of insight. The definition of the product/service as well as the different applications of this product/service in the different industries of […]

IndiGo: Rakesh Gangwal calls on 4 invest...

IndiGo co-founder Rakesh Gangwal has asked Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan to handle the planned sale of his shares in the airline, banking sources have told ET. He could sell at least 5-7% of his family’s stake in India’s biggest airline this year, they added. Gangwal, his wife Shobha and their family […]

Record Years for Investment Banks Threat...

The banner years for equity financings and pandemic-driven mergers and acquisitions are likely to fade away, with deal activity slowing significantly in the first quarter, particularly for Canadian equity sales. The value of Canadian equity financings fell 81% in the first quarter of 2022 to $3.9 billion, according to Refinitiv, from $20.9 billion in the […]

UAE investment banks resume operations a...

Dubai: The UAE investment banking scene is getting active again with deal flow – and the prospect of big bonuses making a comeback. High oil prices, a surge in IPOs, a steady rise in mergers and acquisitions, and improving prospects in the loan syndication market thanks to the post-Covid economic recovery are warranting more business […]

Investment Banks Will Exceed Expectation...

investment banks, where they’re making the most of the in-person mentoring and networking they’ve lacked during the pandemic. Photographer: Michael Nagle/Bloomberg” title=”JPMorgan Chase & Co. signage outside the corporate headquarters in New York, U.S., on Thursday, July 22, 2021. After a year of Zoom meetings and awkward virtual happy hours, New York’s youngest aspiring financiers […]

Opportunities for multi-capital investme...

James Reynolds, CEO, Loop CapitalRamin Talaie/Getty When Allstate needed to raise funds, it turned to a black-owned investment bank, Loop Capital. As companies tighten DEI requirements, banks owned by diverse interests are expected to win more business. When Allstate needed cash in the capital markets to buy personal insurer National General in the summer of […]

Public markets reject IPO valuations set...

OWhen it comes to IPO valuations of innovation companies, public markets aren’t buying what late-stage venture capitalists and investment bankers are selling. Nearly a third companies that have gone public through IPOs in the past four years are trading below their previous private valuations as of March 2022. In ARK Invest’s weekly newsletter “ARK Disrupt”, […]

Russian chaos is wreaking havoc on inves...

BlackRock, the world’s largest asset manager, suffered a loss of around $17 billion due to continued chaos in the Russian market, the FT reported today. The news adds to a growing list of financial giants hit by Russia’s invasion of Ukraine, which saw the rouble plummet, the Moscow Stock Exchange shutter and a slew of […]

China bans mainland investment banks fro...

China’s securities regulator has banned investment banks in the country it regulates from acting as promoters of blank check companies in Hong Kong, three people with knowledge of the matter said, cutting a potentially lucrative business. The China Securities and Regulatory Commission (CSRC) decided to take the action, which was communicated to mainland investment banks […]

Rapidly evolving green energy space chal...

Billions of dollars are available for green investments as the world tries to control greenhouse gas emissions from the energy sector, but finding the best bet is a challenge because the energy transition is changing so rapidly, said private equity managers and investment bankers. As panelists defined their top picks for green investments on March […]

Breaking into Investment Banking 101

Investment banks are one of the most competitive places in the world. Getting into Goldman Sachs (NYSE:) is even harder than getting into an elite university: the acceptance rate is just 4%, compared to 5.2% at Harvard University and around 20 % in Cambridge. However, with determination and the good skills, you will be able […]

Dubai RTA hires investment banks for Sal...

Band Hadeel Al Sayegh and Saeed Azhar DUBAI, February 28 (Reuters) – Dubai’s Roads And Transport Authority (RTA) has selected banks to arrange the listing of road toll operator Salik, two sources told Reuters. The RTA chose the securities branch of Bank of America BAC.NEmiratesNBD ENBD.DU and Goldman Sachs GS.N to advise on the IPO, […]

Accounting firms offer fairer value for ...

Credit: Pixabay/CC0 Public domain A new study from Bayes Business School (formerly Cass) shows accounting firms are leveraging their audit expertise to produce fairer target valuations on mergers and acquisitions (M&A) than investment banks. “Accounting Firms in the European M&A Advisory Market” by Dr Pawel Bilinski, Finance Reader and Dr Andrew Yim, Accounting Lecturer at […]

Law firms match investment banks in doli...

Monday, February 21, 2022 1:07 p.m. City of London law firms are now the UK’s highest-paying employers of graduates, according to new figures from High Fliers, which show UK law firms have now matched investment banks in offering graduates average salaries of £50,000 a year. Graduate salaries paid by leading UK law firms are now […]

Spotify Technology SA basher Neil Young ...

Since the retirement of his music, Young’s music sales and streaming royalties have increased. Now he is targeting investment banks to fund the fossil fuel industry. Singer/songwriter Neil Young has continued his attack on music streaming giant Spotify for promulgating Covid misinformation and is now chastising investment banks for funding fossil fuel excavation. Earlier this […]

Investment Banks: Takeover | Los Angele...

UTA’s headquarters in Beverly Hills. Some investment firms might still be skeptical of non-fungible tokens, but Hollywood is full of true believers.And with good reason. The NFT market amassed over $23 billion in transactions in 2021, according to crypto and decentralized application research firm Dapp-Radar, making NFTs one of the most impressive expansions in recent […]

Top investment banks scramble to change ...

The Federal Reserve Building in Washington on January 26.JOSHUA ROBERTS/Reuters Strategists from the world’s biggest investment banks rushed to alter their Federal Reserve rate calls on Thursday after policymakers stressed at a policy meeting that it would tighten policy to fight inflation . The Federal Reserve said Wednesday it would likely raise interest rates in […]

Sun Cable asks investment banks to help ...

The mandate should not be for everyone. Sun Cable is a large and potentially long-term project with considerable uncertainty. There is also already some skepticism among Australian institutional investors in infrastructure, including large industry pension funds that have scooped up long-lived Australian assets like Sydney Airport, the Sydney’s WestConnex toll and the Telstra and Optus […]

Best investment banks to work for in 202...

Why do you want to work in investment banking? Don’t say you want money. You won’t last long. The hours, the pace, the pressure: it’ll eat you up before you can cash in your big bonus and move on to private equity. Huddled in secret, you’ll perform your numbers and tweak your pitchbook dozens of […]

South Korea’s IPO boom leaves investment

A currency trader walks past electronic signs showing the Korea Composite Stock Price Index (KOSPI) and the exchange rate between the US dollar and South Korean won in a bank’s trading room, Seoul , in South Korea, on November 5, 2020./ Join now for FREE unlimited access to Reuters.com Register HONG KONG/SEOUL, Jan 21 (Reuters) […]

South Korea’s IPO Boom Leaves Investment

By Scott Murdoch and Heekyong Yang HONG KONG/SEOUL (Reuters) – South Korea’s equity offering boom has created a money-spinning opportunity for issuers and investors, but it has brought little joy to at least one segment of the market capital: the investment banks and brokerage houses working on these transactions. LG Energy Solution Ltd’s (LGES) $10.8 […]

Investment Banks Numis and Credit Suisse...

Investment banks Numis and Credit Suisse have hired general counsel, in the latest internal leadership change at global financial institutions. Credit Suisse has hired Rena Morjaria as general counsel in the UK and head of general counsel for the EMEA investment bank, a spokesperson said on Monday. Morjaria joins Vontobel Asset Management where she served […]

Genesys selects investment banks for US ...

(Reuters) – Private equity owners of enterprise software maker Genesys have selected underwriters for an initial public offering (IPO) in the United States, a person familiar with the matter told Reuters on Friday. Owners Permira Holdings and Hellman & Friedman have tapped JPMorgan Chase & Co, Morgan Stanley and Goldman Sachs Inc among other underwriters […]

Genesys Selects Investment Banks for U.S...

(Reuters) – Private equity owners of enterprise software maker Genesys have selected underwriters for an initial public offering (IPO) in the United States, a person familiar with the matter told Reuters on Friday. Owners Permira Holdings and Hellman & Friedman have tapped JPMorgan Chase & Co, Morgan Stanley and Goldman Sachs Inc among other underwriters […]

SBI MF soon to meet investment banks for...

SBI MF soon to meet investment banks for IPO mandate | VCCircle Homepage Markets SBI MF soon to meet investment banks for IPO mandate SBI MF soon to meet investment banks for IPO mandate Photo credit: VCCircle SBI Funds Management Ltd (SBI MF), the asset management joint venture between State Bank of India and France’s […]

Genesys taps investment banks for IPO th...

(Bloomberg) – The private equity owners of Genesys have selected underwriters for an initial public offering that could value the call center technology provider at more than $30 billion, according to people familiar with the matter. Bloomberg’s Most Read Permira and Hellman & Friedman are working with Goldman Sachs Group Inc., JPMorgan Chase & Co. […]

US Investment Banks Should Increase Bonu...

US investment bank Morgan Stanley (MS) has increased its annual bonus for top performers by more than 20% following a boom in deals over the past year. Bankers in the equity underwriting and mergers and acquisitions (M&A) advisory businesses are expected to receive some of the highest raises from the Wall Street firm due to […]

Switzerland tests digital currency payme...

By John Revill and Tom Wilson ZURICH, Jan. 13 (Reuters) – The Swiss central bank has successfully used digital currency to settle transactions involving five commercial banks, the Swiss National Bank announced Thursday, the technology’s latest trial in wholesale markets. The trial, called Project Helvetia, could bring the introduction of central bank digital currencies closer […]

Switzerland tests digital currency payme...

(Refiles to remove the duplication of the third paragraph lower in the story) By John Revill and Tom Wilson ZURICH (Reuters) – The Swiss central bank has successfully used digital currency to settle transactions involving five commercial banks, the Swiss National Bank said on Thursday, the latest trial of the technology in wholesale markets. The […]

The SEC wants to know: Are investment ba...

From Texas Standard: The Texas office of the Securities and Exchange Commission, or SEC, has launched a survey of banks into disclosures about how their policies might conflict with recent changes to Texas law regarding corporate discrimination. guns and energy. Reuters correspondent Chris prentice reported on the story. Listen to the interview above or read […]

Indian investment banks profited from IP...

The explosion in the number of initial public offerings in India in 2021 helped investment bankers raise a record $ 1.1 billion in advisory fees, according to a report. In 2021, 63 companies, including many new-age startups, entered the capital market and raised 1.2 trillion rupees ($ 16.6 billion), eclipsing the previous record of $ […]

Hiring and recruiting trends for investm...

The war for talent in 2022 started in 2021 Kevin Mahoney, partner and head of investment banking, private equity and private lending activities at Bay Street Advisors. Courtesy of Kevin Mahoney Recruiting in 2022 is expected to be busier than ever, but banks at the top of their game did not wait until the new […]

BancorpTrust helps clients establish inv...

BancorpTrust is a licensed investment bank and statutory trust specializing in helping clients establish investment banks, offshore banks, licensed investment funds, credit unions, capital trusts, Capital protected private equity funds and tax-exempt real estate funds through its sister company, Blockchain Digital City. BancorpTrust’s wide range of services allows clients to launch a new banking business, […]

M&A outlook strong as investment banks f

X Sign up for free to receive the latest news straight to your inbox Register M&A prospects for 2022 remain strong for the UK, according to the bosses of Houlihan Lokey, the global investment bank. US-based Houlihan Lokey recently completed the acquisition of GCA Altium for £ 425million. 500 of its professionals in the Manchester, […]

Investment banks cut Kospi targets amid ...

An electronic board displaying the Korea Composite Stock Price Index (Kospi) in a trading room at Hana Bank’s headquarters in Seoul on December 23. (Yonhap) South Korea’s benchmark Kospi faces a long transition to a bullish rally, during which investors will have to navigate uncertainties complicated by supply bottlenecks, rising rates and a presidential election. […]

Investment Banks Cut Kospi Targets In Sl...

An electronic board displaying the Composite Korean Equity Price Index (KOSPI) in a trading room at Hana Bank headquarters in Seoul on Thursday. (Yonhap) South Korea’s benchmark Kospi faces long transition to a bullish rally, in which investors will face uncertainties complicated by supply bottlenecks, a rate hike and an election presidential, according to Goldman […]

Indian Investment Banks’ 2021 Fee Pool $

The commission pool of Indian investment banks exceeded $ 1 billion this year, up 25% from a year ago, thanks to the record number of issues to sell shares. According to Kotak Mahindra Investment Bank, one of India’s largest investment bankers and manager of several equity sales this year, an increase in activity also helped […]

Investment banks in a hurry to strengthe...

Urban investment banks are strengthening their private capital markets teams in Europe, as fundraising has more than doubled in the region this year as part of a larger transaction boom. Citigroup, Goldman Sachs and JPMorgan are among the big Wall Street banks that hire negotiators to raise funds for high growth companies in Europe – […]

2021: When front office recruitments in ...

If you’ve been paying close attention, you may have noticed something curious about the type of recruiting that has taken place in investment banking over the past year. After years of downsizing and removing expensive revenue generators, banks have added them again. At the same time, recruitments for support functions have been sharply reduced. This […]

TIM, Big Investment Banks Side With Kkr ...

© Reuters. By Alessandro Albano Invest.com – Telecom Italy (MI 🙂 does not celebrate the step back of Luigi Gubitosi, who still remains on the board, from the position of CEO and loses 2.1% to €0.4704 at Piazza Affari, trading well below the price support offered by the Kkr fund of €0.505. Meanwhile, as those […]

Investment Banks Raise Over $ 320 Millio...

Investment banks reported more than $ 320 million from the sale of AT & T’s WarnerMedia to Discovery, just five years after many of those same advisers paid hefty fees when the media group sold the company to the American telecommunications company. AT&T agreed to separate and merge WarnerMedia with rival Discovery earlier this year […]

Investment banks in India reap the benef...

In Singapore, we are looking to double our reporting team by the end of the year to comprehensively cover the rapidly evolving world of funded startups and VC, PE & M&A transactions. We want journalists who can tell our readers what is really going on in these industries and why it matters to markets, businesses […]

Global investment banks ask clients to w...

Goldman Sachs, Morgan Stanley, UBS and Nomura downgraded India’s rating, citing onerous valuations. Analysts believe that the risk / reward ratio of Indian stocks is less favorable at current levels. But if Indian bonds are included in the global bond index, it could cause a sudden inflow of $ 15 billion to $ 20 billion […]

As Private Rounds Get Bigger, Investment...

Long gone are the days of scratching the barrel to find the funds for seed funding rounds, now there is a lot of interest. It’s no surprise to see names like Washington H. Soul Pattinson, Perennial, Regal Funds Management and Ellerston popping up in private company funding rounds. Just look at the registries of companies […]

Will the PSPC boom benefit investment ba...

Special Purpose Acquisition Companies, or SAVS, have become particularly popular over the past two years. A SAVS is formed and made public within the framework of an initial public offering for the sole purpose of merging with a private company, thus making the private company public. So far in 2021, PSPCs have raised more than […]

Armenian fintech cognaize receives $2 mi...

Armenian fintech start-up to know attracted $2 million in investment for its seed round from leading venture capital firms and world-class angel investors. The recent capital injection will be deployed to advance the company’s cutting-edge computer vision and natural language processing capabilities, as well as expand into new markets, the company said in a press […]

Investment banks argue that Hong Kong’s

By Scott Murdoch and Alun John HONG KONG (Reuters) – Investment banks and business advisers oppose Hong Kong’s proposed rules for blank check lists, arguing they are too onerous and will not make the city competitive, have said three sources familiar with the matter. Interested parties have until Oct. 31 to file comments with the […]

Investment banks argue that Hong Kong’s

A Hong Kong Stock Exchange sign is seen at the 2020 China International Trade in Services Fair in Beijing, China on September 4, 2020. REUTERS / Tingshu Wang Register now for FREE and unlimited access to Reuters.com Register HONG KONG, Oct.27 (Reuters) – Investment banks and business advisers oppose Hong Kong proposed rules for blank […]

Investment banks talk about bonuses and ...

This is especially the case with the all-important rise to “CEO,” seen across the street as the most important promotion in a banker’s career, which seems to get harder every year, not more. easy. Just because the banks are doing well this year doesn’t mean that activity will hold up next year or the next […]

The pressure is on for investment banks

The pressure is on for investment banks

What is going on? Industrial competition has never been so intense at the local level. In recent years, US-based Jefferies, New Zealand-based Jarden, and Barclays-backed Barrenjoey Capital Partners have all entered the market, with the ambition to become full-service investment banks of foreground. New players also meant new hires, as well as plenty of speculation […]

Pressure mounts for investment banks

What’s going on? Industry competition has never been so intense locally. In recent years, US-based Jefferies, New Zealand-based Jarden and Barclays-backed Barrenjoey Capital Partners have all entered the market, with aspirations of becoming full-service investment banks of foreground. New players also meant new hires, along with much speculation about which banks would be forced out […]

Why developers are leaving investment ba...

I have worked for years as a developer in the investment banking industry and have closely observed the dynamics that govern employment in this industry. When banks talk about a shortage of talented engineers, they are not talking about recruiting; they talk about retention. Hiring is not a problem in banking technology. There is always […]

Apollo says it’s become a magnet for inv

Why work for an investment bank when you can work on a buy-side? And why work on the buyer’s side when you could work for Apollo? That’s the goal of Apollo Investor Day today. Not only does Apollo say it’s a much better place to work than an investment bank, but it’s also a much […]

Prezzee in preliminary talks with invest...

Prezzee has also entered into discussions with investment banks in Australia, while weighing its options. No appointment has been made. If the returns from these early discussions are such that a valuation of $1 billion or at least close to $1 billion is not an option, the company is more likely to raise venture capital […]

American venture capital firms are becom...

Nowadays, a closely watched phenomenon is the growth and diversification of Andreessen Horowitz, one of Silicon Valley’s leading venture capital firms. Not only is it hiring dozens of new partners and employees, but it is also broadening its approach to the market, going well beyond the usual artisanal approach of early venture capitalists. For a […]

Black investment banks partner with some...

Two of the nation’s largest black investment banks, Siebert Williams Shank & Co. (SWS) and Loop Capital Markets, are teaming up with five of Wall Street’s biggest state and local government bond buyers to lay down questions to potential clients about racial equity. Municipal Underwriters SWS and Loop Capital are working with BlackRock Inc., Goldman […]

It’s boom time for investment banks agai

The largest leveraged buyout ever was the nearly $ 50 billion purchase of Canadian telecommunications group Bell Canada Enterprises (BCE) by a group of private equity firms (a leveraged buyout is when a company is bought primarily using a lot of debt, rather than cash or stocks – hence the term “leveraged”). The deal was […]

Investment banks will increase AI in tra...

Investment banks are looking to increase artificial intelligence and machine learning in pricing models, and see these technologies as improving client performance while ensuring operational efficiency. Kian Abouhossein, an analyst at JP Morgan, said AI will have a significant impact on investment banking execution models and companies with the money to invest will gain the […]

Nordic IPO boom to continue through 2022...

A Nordic IPO frenzy in 2020 and 2021 is expected to continue next year with larger deals, more listings in major markets and international investment banks looking for more opportunities. and more in the region. The IPO market in the Nordic region has flourished in recent years due to a thriving start-up scene, less onerous […]

Leonardo DiCaprio’s Latest Investment Ba

Leonardo DiCaprio is investing in another environmental cause: cultured meat. The Oscar-winning actor and environmentalist has become an investor and advisor to two startups in the nascent cultured meat business: Netherlands-based Mosa Meat and Israel-based Aleph Farms. “One of the most effective ways to tackle the climate crisis is to transform our food system. Mosa […]

Regulator cracks down on underperforming...

Status of investment bankers 65 investment banks have obtained licenses 10-12 IPOs are approved each year Some banks are under BSEC observation The majority of them only manage wallets BSEC is strict on the application of the conditions The Bangladesh Securities and Exchange Commission (BSEC) has requested information from investment banks and money managers on […]

Global Investment Banks Post Highest Rev...

The world’s top 12 investment banks continued to reap the rewards of volatile markets and client activity, posting their highest combined first-half revenue in a decade, according to the Greenwich’s Coalition latest sector index. Despite further normalization of trading in Fixed Income, Currencies and Commodities, or FICCs, during the first six months of 2021, the […]

Investment banks step up efforts to auto...

Wall Street banks are stepping up efforts to automate the “rough work” imposed on young investment bankers, describing the changes as an attempt to reduce workloads and prevent young talent from leaving the industry. Companies such as Goldman Sachs, Barclays and Moelis have initiatives underway to automate basic functions such as presentation book generation and […]

Fabindia hires five investment banks to ...

The ethnic clothing store chain, Fabindia Overseas Private Limited, has hired five investment banks ahead of its initial public offering (IPO). The five banks – ICICI Securities, SBI Capital Markets, JP Morgan, Credit Suisse and Nomura – have been appointed to help the company raise between $750 million and $1 billion. Fabindia is expected to […]

Students do not understand the trading p...

If you’re a student applying for a job in an investment bank, you probably have an idea of ​​the type of role you want to fill – most applicants think they want to work in M&A or trading . However, a veteran financial markets professional who mentors students says many of those he talks to […]

Investment banks sour on outlook for US ...

Warnings are mounting that the longest-running bull market in years is about to falter. Strategists from Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. have issued new missives about the possibility of negative shocks interrupting a winning streak. The spread of the delta virus strain, a resumption of sluggish global growth, or central bank […]

Government selects 10 investment banks t...

India has selected 10 investment banks, including Goldman Sachs, Citigroup and SBI Capital Market, to handle the initial public offering of Life Insurance Corp of India, two government sources said, in what is expected to be the largest introduction on the country’s stock exchange. The government plans to raise 80,000 to 90,000 crore from its […]

City investment banks demand return of S...

The City’s biggest investment banks are bracing for a widespread return to the office starting in September, even as the Delta Covid-19 variant has forced many to push their plans back to Wall Street. Banks such as Barclays, Bank of America, Citigroup, Credit Suisse, Goldman Sachs, JPMorgan and Morgan Stanley expect a wave of employees […]

Australia’s investment banks seek talent

Big banks have hired more than 100 people in total this year Australia’s investment banking fees hit 3-year high at $1.2 billion Expect a strong deal pipeline amid low rates and the COVID-19 recovery HONG KONG, Aug 13 (Reuters) – Australia’s big investment banks have stepped up hiring to rebuild their depleted teams, after bold […]

These are the ten best boutique investme...

StockSnap/Pixabay Boutique investment banks are very different from traditional investment banks. The former are smaller in size and do not offer all investment banking services. Boutique investment banks typically specialize in one or more aspects of investment banking. Also, these banks are usually regional or local, but some boutique investment banks operate globally. Let’s take […]

Nubank, Backed by Buffett, Hires Investm...

By Carolina Mandl and David French (Reuters) – Nubank, the Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, has hired Morgan Stanley, Goldman Sachs and Citigroup to help run its U.S. IPO, a source familiar with the matter said on Monday. . Reuters reported in June that Nubank had invited investment banks to propose […]

Buffett-backed Nubank hires investment b...

The logo of Brazilian FinTech startup Nubank is pictured at the bank’s headquarters in Sao Paulo, Brazil June 19, 2018. REUTERS/Paulo Whitaker/Files Join now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – Nubank, the Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, has hired Morgan Stanley, Goldman Sachs and Citigroup to […]

Wall Street investment banks cut China g...

LONDON, Aug 9 (Reuters) – Wall Street banks Goldman Sachs (GS.N), JPMorgan (JPM.N) and Morgan Stanley (MS.N) all lowered their China growth forecasts on Monday, after an unexpected slowdown in export growth and concerns that the resurgence of the coronavirus could cripple economic activity. Chinese trade data released over the weekend was weaker than expected, […]

Oyo shortlists investment banks for $1.2...

SoftBank-backed hotel startup Oyo Hotels & Rooms has shortlisted JP Morgan, Kotak Mahindra Capital and Citi for an initial stock sale of more than $1.2 billion, a news website reported on Monday. finance, citing several industry sources. All three investment banks were taken over recently, Moneycontrol reported, citing one of the sources. Work on the […]

SoftBank-backed Oyo shortlists investmen...

BENGALURU, Aug 9 (Reuters) – Indian hospitality startup Oyo Hotels & Rooms, backed by SoftBank, has shortlisted JP Morgan, Kotak Mahindra Capital and Citi for an initial share sale of more than $1.2 billion, a financial news site reported on Monday, citing multiple industry sources. . All three investment banks were taken over recently, Moneycontrol […]

Investment banking bonuses will increase...

2021 should be a banner year for bonuses in investment banking and asset management. Unless you work in fixed income sales and trading. – If you work in fixed income sales and trading, your bonus will likely be stable at best and drop at worst. That’s the new forecast from Wall Street compensation experts, Johnson […]

4 investment banks benefiting from recor...

M&A activity was intense in 2021. According to data from Refinitiv, as reported by Forbes, M&A transactions in the first six months of the year totaled $ 2.82 trillion, an increase of 132% over the same period in 2020. As a result, investment banks are set to post record profits in 2021, with companies like […]

The market ignores the evolution of Euro...

The writer is European head of banking research at Morgan Stanley The events of 2020 were a litmus test for European investment banks after a decade of regulatory reform and business model restructuring. Support from the central bank was crucial in keeping markets functioning at the onset of the pandemic, and government intervention helped support […]

Two European investment banks seek more ...

Editor’s Note: With such volatility in the markets, stay up to date with daily news! Get our quick roundup of today’s must-see news and expert opinion in minutes. Register here ! (Kitco News) – Two leading European investment banks are looking for a rise in gold. Credit Suisse and Commerzbank are highlighting areas of resistance […]

Investment banks see possibility of furt...

LONDON, Aug 3 (Reuters) – JPMorgan pushed back and downgraded its interest rate cut forecast for Turkey on Tuesday, as fellow investment bank Goldman Sachs flagged the risk of lower rate cuts and later after inflation hit its highest level in two years last month. Turkey’s annual inflation hit 18.95% in July, official data showed […]

European lenders want to develop their i...

Barclays BCS 1.09% and Deutsche Bank DB 1.37% are in good shape right now, but investors should be cautious about their growing ambitions for the volatile investment banking business. The major European lenders on Wednesday published strong half-year results, benefiting like their American counterparts from a solid investment banking market. Both companies have built generous […]

US and European investment banks may hav...

(Photo by Stephen Chernin / Getty Images) Getty Images The recent government crackdown on China’s out-of-school education sector is not only wiping out the ten-figure fortunes of some ultra-rich founders, it is also costing some of the world’s largest investment banks and firms billions of dollars. world fund management. From Friday until Monday, shares in […]

Sebi wants hedge funds to raise funds to...

The Securities & Exchange Board of India (Sebi) wants all private equity (PE) and venture capital (VC) funds to raise money to hire investment banks – a proposal that fund houses try to push back. The regulator wants a third-party intermediary, governed by capital market rules, to verify the information contained in a fund’s “private […]

China’s ‘best friends’ are US investment

Wolfpack Research founder and CIO Dan David suggests US-based banks also serve global interests, including those of China. Wolfpack Research founder and IT director Dan David explained what Wall Street needs to know about China’s recent crackdown on capital markets. According to David, China’s “best friends” are the US-based bankers and CEOs of the Fortune […]

MENA investment banks suffer from talent...

➤ Competition is intensifying among and between national and international investment banks in the Middle East and North Africa. ➤ Having a complete key service offering to win mandates. ➤ Junior staff hard to find and lacking life-saving experience due to COVID-19. Nabil Lahham is the Head of Advisory and Investment Banking Coverage for HSBC […]

Forget investment banks, students should...

Do you want to work for the Big Four or do you want to work for an investment bank? Goldman Sachs only hires 3% of all applicants. Just like Morgan Stanley. All of the big four accounting firms only pass up a similar proportion, suggesting that it is equally difficult to enter both types of […]

Investment Banks Bullish On Atai Life Sc...

A number of financial firms and investment banks started the cover of Atai Life Sciences (NASDAQ: ATAI) last week. The ratings ranged from a sober sector performance rating to RBC Capital Markets with a 12-month price target of $19 at a bullish overweight rating of Cantor Fitzgerald, which gave Atai a 12-month price target of […]

These investment banks are underwriting ...

There were 386 SPAC IPOs in the first half of 2021. That puts this year already well ahead of SPAC’s 256 IPOs in 2020. Citi, Goldman and Credit Suisse dominate SPAC IPOs. There have already been more speculative IPOs this year than in all of 2020. But the after-sales service rush cooled in the second […]

Citigroup leads $ 6 billion in Spac fees...

Investment banks collected nearly $ 6 billion in advisory fees from blank check companies in 2021, nearly double the record set last year in a frenzied start that rocked the rankings of corporate giants. Wall Street. The $ 5.7 billion raised by the world’s largest investment banks advising on so-called special-purpose acquisition companies represents 28% […]

This unknown firm beats investment banks...

When it comes to investment banks, the first companies that many investors think of are Goldman Sachs, JPMorgan Chase, and Morgan stanley. What if I told you that there is an investment bank whose stock has outperformed those others since it went public a little over five years ago? This company is Houlihan Lokey (NYSE: […]