Hints and tips:
...The fund immediately becomes one of the largest pools of junior credit available to private equity groups and companies, when traditional investment banks are further retrenching from speculative corners...
...Raine also advised both sides as Nassef Sawiris and Wesley Edens welcomed new investment from investment firm Atairos into V Sports, the owner of Aston Villa, just days before Ratcliffe struck his agreement...
...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....
...America’s top firms have witnessed how Chicago-based Kirkland & Ellis, which has taken on the Manhattan establishment to become the world’s highest-grossing law firm, has used its large pool of “non-share...
...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....
...That equates to a pay average of about $1.7m a head, with investment teams probably seeing far higher figures....
...So a lot of people are kind of curious how you split the money that's made in this industry. The way you do it you can think of as a giant swimming pool, right?...
...For Mr Black, launching a bank in the middle of a financial crisis was not a fanciful ambition....
...pools of assets”....
...Now he’s been convicted of looting Azerbaijan’s state bank, and his case is at the centre of a UK crackdown on dirty money....
...We are modestly ahead of consensus (1%-2% vs....
...They both join from N+1 Singer, where they worked in healthcare sector research and sales, respectively....
...UBS, the Swiss bank....
...Here’s Bank of America: We had modelled £40m in our estimates and our sense is investors were factoring in £40-50m....
...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....
...True, the bank is loss-making, and planned investment spend will consume capital. We model a trough CET1 ratio of 10.7% in 2022e vs a minimum requirement of 9.6%. Liquidity has been strengthened....
...Ashtead, a £6bn company, is down by a fifth with no news on the tape other than Bank of America repeating “buy” advice....
...If we assume that underlying margins are flat, so EBITDA falls 7%, and deduct $75m of investment, it implies FY20 EBITDA of c$1.2bn vs cons at c$1.3bn....
...However, we also believe the safety net of the UK government's COVID Commercial Financing Facility (CCFF), which can provide investment-grade firms (as of 1 March 2020) with short-term liquidity, has been...
...For properties priced above $3m, the ratio of homes sold to those currently for sale has gone from 1:3 to 1:6 in a year....
...A quarter of the almost 1,200 units at Sky were set aside for such households, who competed for tenancy in a lottery....
...Westerback joins from the private funds group at UBS Investment Bank where he spent a decade....
...None of its banks needed a bailout in the late 2000s, and as a result, there is little of the popular resentment of bankers that pervades the US or the UK....
...Medtronic has long been speculated to be a potential bidder for S&N, even though its management has played down the chance of pursuing a tax inversion and has guided for an annual acquisition budget of just...
...In measuring the response of Australian stocks and the dollar, one particular event throws a spanner in the works – the Reserve Bank cutting interest rates yesterday to a record low....
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