Hints and tips:
...The group, launched in 2009 by former Goldman Sachs banker Joe Ravitch and Morgan Stanley and former UBS banker Jeff Sine, is set to make $65.5mn from the deal, with the vast majority of the fees due once...
...Competitors, including Goldman Sachs and Credit Suisse, had taken the extraordinary step of complaining to prosecutors and regulators about Morgan Stanley’s block trade practices....
...The events of the murder trial were later dramatised in a 2016 FX television series, The People v OJ Simpson: American Crime Story....
...Of course, O’Neill et al were mostly talking about these countries as burgeoning economies with tons of potential. And many of these countries have indeed subsequently done well....
...Job moves Blackstone has appointed Thomas Nides, a former vice-chair at Morgan Stanley and US ambassador to Israel, to be a vice-chair of strategy and client relations....
...JPMorgan, Citi and Wells will report earnings on Friday while Goldman Sachs publishes earnings on Monday. Morgan Stanley and BofA will publish results on April 16....
...They found that the standout stocks today are at much cheaper valuations than the stars of the 90s were, and while the valuations of the Magnificent 7 et al do look a lot like the “Nifties,” they tend to...
...Smart reads Number two no more Goldman Sachs’s equities team is back on top after a prolonged period when it trailed its arch-rival Morgan Stanley....
...But as Goldman’s Praveen Korapaty et al point out, the US government bond market has been pretty choppy for a while now....
...Under chair-CEO James Gorman, Morgan Stanley has become something of a stock market darling, surpassing Goldman Sachs in market cap terms and gaining significant bragging rights....
...Citi applied for a licence to run a mainland investment banking unit back in 2021, months after rivals Goldman Sachs, Morgan Stanley and JPMorgan took full control of their own units in the country....
...Saudi Pro League chair Saad Al-Lazeez has been tasked with cutting through the noise, The New York Times reports....
...Wall Street lenders including Goldman Sachs and Morgan Stanley have spent the past decade building up their energy capabilities in the hopes of a moment like this....
...Here’s what else I’m keeping tabs on today: Company results: Tesla, Netflix and Morgan Stanley publish their latest results today....
...say Jonas et al. Yes it can! Look! And look! And look! That’s Tesla on an EV of 28.3 times 2025 ebitda, per Morgan Stanley forecasts, which is more expensive than Nvidia’s 25.3 times ebitda....
...BNP Paribas has hired former Société Générale banker Jalal Al Marhoon as a managing director in Saudi Arabia, Bloomberg reports....
...As a reason for optimism, Goldman cites a 2022 study by economist David Autor et al that found “60 per cent of workers today are employed in occupations that did not exist in 1940, implying that over 85...
...Even Goldman Sachs and Morgan Stanley would have competed for a sizeable role in the Carlyle deal. And they still might....
...We have seen this recently with the valuation spread that has emerged between Morgan Stanley and Goldman Sachs....
...Shares in the likes of LVMH, Hermès et Richemont slipped on Monday following Goldman’s lower Chinese GDP forecasts, but investors are still pretty bullish about the largest companies in the sector, safe...
...Job moves Goldman Sachs’ chief of staff John Rogers, one of the bank’s most influential executives, is stepping back from his role....
...The firm recently held talks with investment banks including Evercore, Goldman Sachs and Morgan Stanley over its future strategy at a time when the private equity industry has to reckon with a higher interest...
...I mean, we’ve talked about how Goldman Sachs and Morgan Stanley have had very different fourth quarters because of Morgan Stanley’s approach to asset and wealth management....
...Meanwhile, Goldman’s valuation gap relative to rivals, including Morgan Stanley, which earn more of their revenue from businesses considered to be more reliable such as wealth management, still looms large...
...Everyone beats Solomon’s Goldman to death because its shares have badly underperformed Morgan Stanley’s....
International Edition