Hints and tips:
...Behind closed doors, executives were pushing a different narrative, the Wall Street Journal reports. Great expectations Some saw Arm’s listing as a positive sign for a laggard IPO market....
...But the ill-fated acquisition meant to herald a new era for the German lender after the financial crisis resulted in a 13-year struggle to integrate the lenders’ data....
...Nomura has hired Barclays’ former head of macro trading Nat Tyce as head of global markets for Europe, the Middle East and Africa, according to Financial News....
...Since the spring of 2022, private equity buyers have turned to private lenders such as Apollo. But GTCR sought financing from large banks from the outset of Thursday’s deal, DD was told....
...Scores of Wall Street bankers and lawyers have been spending their time drawing up wacky structures to keep troubled companies on life support....
...It also included a term loan that a number of banks plan to hold, as well as an asset-backed revolving credit facility — providing extra surety to Wall Street lenders that have dramatically tightened underwriting...
...Despite that strategy not panning out so well, partner Chris Dixon isn’t giving up, the Wall Street Journal reports....
...Tightening finances in Switzerland may force the troubled bank to further accept the Middle East’s growing reservoirs of cash....
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
...In August 2021, the Wall Street bank accidentally repaid the full principal balance instead of making only an $8mn intended interest payment....
...Sixth Street has hired former TCV partner Nari Ansari as a senior leader on its growth equity investing team. Smart reads Survival mode Russia’s VTB was meant to rival Europe’s biggest lenders....
...The private lender sits on billions of undrawn capital and doesn’t have banking assets to worry about....
...But as corruption subsists in south-east Asia’s largest nation, he’s treating neighbouring Malaysia’s 1MDB scandal as a cautionary tale....
...(Wall Street Journal) Billionaires go shopping Spacs were just the beginning....
...Wall Street and China: star-crossed profits A trade war is still simmering and a fight over finance is gaining steam. But Wall Street hasn’t seemed to notice....
...Bank of America has promoted Murad Khaled to head of Europe, Middle East and Africa leveraged finance capital markets....
...Banking deal leads Monday merger mania When PNC Financial sold its stake in BlackRock after 25 years — at a huge profit — it left Wall Street wondering how the lender would spend its newly topped up $17bn...
...Shah abruptly left his post last month as Citi’s head of high-yield bond trading for Europe, the Middle East and Africa. Here’s the full story from DD’s Rob Smith....
...Are our grandchildren going to dive for coins from cruise ships in the East River?”...
...About $64m went to Red Granite Pictures and The Wolf of Wall Street....
...Tradeweb, which is owned by Thomson Reuters and a group of Wall Street banks, last month launched a US corporate-bond platform for US dollar-denominated investment-grade corporate bonds....
...Other high-end condominiums under construction on the Upper East Side include 33 East 74th Street, a 10-unit building with apartments from $14m to $50m, and 135 East 79th Street, with penthouse apartments...
...RGM Advisors LLC and Allston Trading LLC have discussed a deal that would combine their respective strengths in automated stock trading and futures markets, according to people close to the talks.”...
...Speaking after he agreed a €10bn international rescue that includes the restructuring of the island’s two biggest lenders with losses for bigger depositors, Mr Anastasiades also said capital controls would...
...(Wall Street Journal) - Commodity investors were caught off-guard by US drought pushing up corn and soybean prices....
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