Hints and tips:
...“I’ve been in the Valley for 20 years and I’m increasingly disappointed with the way we behave,” said one senior banker who handles deals for venture firms....
...“And then, you know, the whole world of visas and green cards and passports, it’s complicated,” he continued....
...The last time bankers underwrote such a deal was when Goldman Sachs, Bank of America, BNP Paribas and Mizuho Bank agreed to provide £6.6bn of bridge loans to back Clayton, Dubilier & Rice’s take-private...
...SCOTUS The Supreme Court will hear oral arguments in the 303 Creative LLC vs Elenis case....
...Moscow bankers speak to the FT about how the country’s global banking ambitions took a back seat to financing Putin’s war machine, and are suffering as a result....
...As ever, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with your thoughts....
...Bobby Tudor: consumers ‘don’t want to be paying’ for the energy transition One of Houston’s top oil bankers sees reality setting in for the Biden administration as its green push collides with the deep...
...The $2.5bn deal Total struck for a 20 per cent stake in Adani Green Energy last month, Pouyanné said, “will probably be the only [big] deal we can do” this year....
...In a diplomatic triumph for the Kremlin, Russia's Sputnik V vaccine had a reported 91.6 per cent efficacy rate in clinical trials according to a peer review study published in the Lancet....
...V. A month in, the occupation in Zuccotti Park — or Liberty Plaza — was becoming more permanent. Problems were emerging too....
...He also says he wants to be a “champion” of Devon, the county over whose green hills Powderham Castle presides....
...Perella was one of the first specialist M&A bankers, making his name at First Boston in the 1970s....
...But this time is different, bankers say....
...Now the UK government wants to know how the wife of jailed banker Jahangir Hajiyev managed to spend so much without arousing suspicion....
...She has a record here: as a senior banker at Barclays, she previously introduced a pioneering green mortgage product that cut loan costs by 10-15 basis points if the property met tougher environmental standards...
...Two scoops to start: WeWork’s bankers at JPMorgan Chase are scrambling to complete a new debt financing package as soon as next week to buy the hobbled unicorn in time to restructure after its failed IPO...
...Chart du jour: Piercing Piketty’s myths Former IMF chief economist and ex-Indian central banker Raghuram Rajan dismantles Thomas Piketty’s new tome on inequality in an FT review....
...But you can bet bankers on the deal will be paying close attention. The FT’s Sylvia Pfeifer and Arash Massoudi have the full details....
...Most are at least partially state-owned, but others, including the Hungarian subsidiary of Robert Bosch LLC, are not....
...Booking is mandatory to beat the rush of bankers from nearby Rothschild and Lazard, who use it as their canteen....
...Mr Becht was an operations guy, rather than a visionary or banker. A focus on day-to -day details is needed to make a success of deals such as Keurig Dr Pepper, where he was chairman....
...And we had to use all the tools we had and harness as much co-operation amongst central bankers in order to respond to the crisis....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...Additional discovery of documents and emails since led to the new allegations filed late last week against Cravath as well as The Fresh Market’s investment banker JPMorgan, which accuse both the law firm...
...Janan Ganesh argues that while liberals worry about the US Supreme Court overturning Roe v Wade and a panoply of social rights, conservative justices are quietly dismantling economic protections....
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