Hints and tips:
...She used to be a guitar-strumming singer-songwriter before joining present bandmates Colm O’Reilly (lead guitar) and Jack Callan (drums) in a brooding indie-rock group that went by the unbrooding name of...
...And Colm said, a blow-up in the shadow banking industry. And with that, he got off the stage. I went on and someone said, Marc, what do you think of what Colm just said....
...I’m tasting bile in my throat,” he told his boss. “The fact is, we’ll be out of money by Friday.” Kelleher strove to put on a stoic front....
...He had been JPMorgan’s co-head of Emea M&A and co-head of its global strategic investor group M&A. Blackstone has hired Dan Leiter as international head of the firm’s credit and insurance business....
...UBS may have to wait until it has finished integrating Credit Suisse, however, before it tackles more M&A....
...And I’m hopeful that will remain.”...
...“I’m firmly embedded in a counterfactual narrative.” If Prophet Song is any guide, that is hardly a comfortable place to be....
...Apoorva Shah, a senior banker in BNP Paribas’s UK M&A team, has left the company....
...I’m looking forward to interviewing him on ways gardeners can help endangered bumblebees at the FTWeekend Festival tomorrow....
...Colm Kelleher: The UBS chair has emerged as Europe’s most powerful banker as he oversees the complicated merger of Switzerland’s two biggest banks....
...UBS chair Colm Kelleher has ruled out further acquisitions in the US after walking away from a $1.4bn deal two months ago, saying that shareholders need a clear picture of how the Swiss bank will grow in...
...The message in the states is organic growth, no optionality, no distractions, no M&A,” he said. “We have a clear strategy in the States. Why are we complicating it for our investors?”...
...“For the biggest investor to say I’m not putting another dime in was a huge vote of non-confidence....
...Here’s what else I’m keeping tabs on today: Results: Regional lender First Republic and consumer goods group Coca-Cola Company report. Five more top stories 1....
...[MUSIC PLAYING] Michela Tindera I’m Michela Tindera from the Financial Times....
...Read more on the slowdown in M&A here....
...Colm Kelleher was speaking at the Swiss bank’s annual shareholder meeting. 3....
...Join Ta-Nehisi Coates, Alice Waters, Colm Tóibín, your favorite FT writers, and more on May 20 in Washington, DC, and online to experience our weekend paper come to life....
...Given the lack of experience of transformative M&A deals among the bank’s executive ranks, UBS invited consultancies to pitch for work on the takeover....
...“Their [Bear Stearns’] best people went off and created Guggenheim Partners, and other key people from Bear Stearns went elsewhere,” said one top M&A lawyer....
...; and Matthew M. Williams’s Givenchy, where the house’s couture technicians handmade the exceptional selection of suits that opened the show....
...When we meet at our allotted table, the first thing Colm Tóibín and I decide to do is go somewhere else. So we swap the restaurant’s echoing main dining area and take up residence in a private room....
...“You have some companies that have not been savvy enough to fix their debt or refinance early,” says Colm Lauder, analyst at the brokerage Goodbody....
...Hamers added: “Colm brings valuable expertise in banking to the board and I’m looking forward to working with him to further shaping the future of UBS.”...
...But the escapade could leave incoming chair Colm Kelleher questioning Hamers’ judgment....
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