Hints and tips:
...Last week it took part in a $3.84bn debt sale tied to the buyout of software group Citrix, picking up the junior bonds at a deeply discounted price when lenders led by Goldman Sachs and Bank of America raced...
...Lenders including Bank of America and Barclays have been forced to hold on to loans made to fund large buyouts, including the Twitter deal and the takeover of Citrix, leaving them nursing big losses....
...Amazon is investing $115mn in exchange for a minority stake in the television networks that screen some of America’s biggest sports....
...Acts announced so far include Andrea Bocelli and Robbie Williams — with plenty more to come. 2023’s line-up included Billy Joel, Bruce Springsteen and Guns N’ Roses....
...One invitation to start: Join FT journalists including Unhedged’s Rob Armstrong and guests for a subscriber-only webinar on the collapse of Silicon Valley Bank and the fallout for the banking sector and...
...This is about a very small subset of women who can go to a plaintiffs’ law firm and say, ‘Look, my target is a billionaire.’” V....
...Nearmap chief executive Rob Newman said: “We expect the location intelligence and aerial imaging market in North America to undergo change and consolidation over the next few years, which will present organic...
...Despite the recent choppiness of financial markets, 51 per cent of US equity fund managers out performed the stock market in January, according to Bank of America....
...The US president announced last month he intends to appoint Saule Omarova as comptroller of the currency, which supervises national banks including Bank of America and Wells Fargo....
...Misgivings that the medium would rob the ceremony of its ancient mystique proved misplaced....
...Elfring was previously a senior banker at Bank of America and has spent most of his career between London and Amsterdam....
...Greensill Bank, a near-century-old German lender formerly known as NordFinanz Bank that Greensill took over and rebranded in 2014, has funded much of the expansion that turned Gupta’s GFG Alliance into the...
...He’s the focus of this profile piece which also looks in-depth at the THG deal by DD’s Arash Massoudi and Rob Smith, and the FT’s Jonathan Eley....
...Apollo Global Management head of Europe Rob Seminara said: “We’re assuming flat multiples . . ....
...One functioning link to start: we apologise for a technical error in Friday’s issue linking to the video interview between DD’s Rob Smith and Carson Block, the short-seller behind Muddy Waters Research....
...Is America heading for a V-shaped economic trajectory after the Covid-19 shock? Or does a U, W — or dreaded L — shape loom instead?...
...DD talks a lot about how private equity firms have supplanted investment banks in their once bread and butter business of lending to corporate America....
...Goldman Sachs has named Rob Pulford head of its financial and strategic investors group in the Americas and Anna Skoglund will become head of FSIG in Emea....
...Brian Moynihan, chief executive of Bank of America, says the $2tn stimulus agreed last week by US lawmakers was of “a substantial size and dimension that most of us think is big enough to help do the trick...
...Job moves HSBC has announced a reshuffle of its top executives and hired a new chief operating officer, as its interim chief executive Noel Quinn makes his mark on the bank ahead of a big restructuring....
...It's not just TD; Bank of America recently revealed that just 13 per cent of the interactions with Erica, its digital assistant, were through voice....
...My own feeling is that this will not be a V or even a U-shaped recovery, but a downwardly trending W that has a high risk of turning into a L....
...is really a vote of no confidence from the bond market in the idea of a V shaped economic recovery....
...Ashtead, a £6bn company, is down by a fifth with no news on the tape other than Bank of America repeating “buy” advice....
...Here’s Bank of America: We had modelled £40m in our estimates and our sense is investors were factoring in £40-50m....
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