Hints and tips:
Related Special Reports
...SMBC, whose parent company is Sumitomo Mitsui Financial Group, also committed $2.25bn in financing for Jefferies’s debt underwriting business in 2021....
...policies after investing $13.5mn in NewGlobe Schools, the US parent of Bridge International Academies, a Kenyan company running the schools under that name....
...“Their income is getting squeezed,” said Christopher Whalen, a veteran industry analyst, who is the head of Whalen Global Advisors....
...However, the rating agency did say that it saw the suspension of debt payments as “a portfolio management exercise by BPY, not a default”, and that parent Brookfield Corporation, with $850bn of assets under...
...And, in doing so, the Japanese bank was betting on the future behaviour of corporations around the world....
...A&O is the latest corporation to take private equity money to grow non-core businesses, while retaining a stake to ensure they don’t miss out on future profits....
...One thing to start: FTX has sued the parents of Sam Bankman-Fried, claiming they enriched themselves by siphoning off millions of dollars in “fraudulently transferred and misappropriated funds” from the...
...We are independent of the Group and the parent company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard...
...Starboard plans to recommend News Corp spin off its digital real estate division, which includes a stake in Australian online property site operator REA Group and Realtor.com parent Move Inc The activist...
...The two companies have also signed a long-term partnership that will see Great-West Lifeco’s parent, the Power Corporation of Canada, allocate $25bn to Franklin’s alternative investment funds, which had...
...shield financial damage from lawsuits....
...The financial powerhouse helped the US sell off assets from the 2008 collapses of Bear Stearns and AIG, evaluated troubled banks for the Irish and Greek governments, and advised both the Fed and the European...
...We believe that this will help to facilitate our exploration of the suitability of potential restructuring options, together with our financial and legal advisors....
...Houlihan Lokey has agreed to acquire 7 Mile Advisors....
...Oasis has described the combined 65 per cent interest as “financial arbitrage” in favour of Goldman Sachs....
...Christopher Whalen of Whalen Global Advisors said SVB’s moves had focused attention on the issue of bond portfolios and unrealised losses....
...AIG has gone through several bouts of restructuring since its $185bn taxpayer rescue during the 2008 financial crisis, selling businesses in areas from consumer finance to aircraft leasing....
...They argue the mass tort system is broken, posing grave financial risks to companies, and no longer an efficient forum to deliver justice to victims....
...They argue that bankruptcy schemes deployed by solvent corporations are an abuse of bankruptcy courts and deny wronged people their right to trial by jury....
...Letter in response to this article: If ever there was a case for shareholder activism . . . / From Dan Harris, Partner, Chancery Advisors, London WC2, UK...
...“It’s a really, really highly-evolved ecosystem in China,” says Jay Goldberg, founder of tech consultancy D/D Advisors. China’s dominance can partly be quantified....
...Despite contemplating following his parents in a medical career, Buckley joined Vanguard in 1991 as assistant to founder Jack Bogle. In 2018, he became the company’s third CEO since Bogle’s retirement....
...What else we’re reading The US legal move letting corporations off the hook 3M, the conglomerate, is part of a recent trend whereby US corporations make use of the bankruptcy court not because they are...
...The appeal of an independent advisory firm is particularly strong among millennial investors, he says, “because their parents were burnt in the great financial crisis — and the banks completely screwed up...
...He also understood the power Mastercard and Visa wielded over Pornhub’s parent company....
International Edition