Hints and tips:
...Bain on Wednesday also named Chris Gordon and Robin Marshall as the heads of its global private equity business....
...As of that date, the Elliott funds have had no equity interest in, or control over, AC Milan.”...
...Here’s what else I’m keeping tabs on today: Biden’s budget: The White House will release the forecast for the president’s fiscal budget for the coming year, including an increase of corporation tax and...
...Aurelius, which has offices across Europe, specialises in buying and turning around unloved businesses carved out of corporations or companies facing operational difficulties....
...But equity fund managers are brushing up on their history to stress that there are still opportunities in the stock market in a high interest rate world....
...Chevron has agreed to buy rival oil and gas producer Hess Corporation in a $53bn all-stock deal....
...: is private equity actually worth it?...
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points,” said Erik Gordon, a professor at the University of Michigan’s Ross...
...Best was hired in a new role to lead Elliott’s private equity push in Europe, where senior executives including Gordon Singer — the son of Elliott’s founder, Paul Singer — saw opportunities....
...The Wall Street bank has struck seven deals using cash from a $2.5bn private equity “partnership fund” it set up in 2017 with the sovereign wealth fund China Investment Corporation, according to multiple...
...“If some giant corporation is going to take all their content and put it in the blender, artists have to be paid.”...
...This is the amount of common equity tier one capital they must hold in excess of regulatory minimums relative to their risk-weighted assets....
...Investment research: Back in the late 1990s, equity analysts were rock stars. Today, they are endangered, writes Brook Masters, after two decades of scandals and regulatory tinkering....
...Broadcasting your running was unavoidable in the olden days: you were either very obviously in line at the bank, or you weren’t....
...Meanwhile, a veteran of the 1980s bank crisis in the US has criticised the decision by the Federal Deposit Insurance Corporation to sell First Republic to JPMorgan....
...But some argued that the weekend deal brokered by the Federal Deposit Insurance Corporation and California regulators illustrated the resilience of the US banking system....
...The Federal Deposit Insurance Corporation was left holding the assets of mortgage-backed securities, collateralised mortgage obligations and commercial mortgage-backed securities following the interventions...
...Teck and Glencore have both been speaking to investors, with one key vote being Teck’s largest shareholder, the China Investment Corporation....
...Centerview Partners has hired Citigroup dealmaker Gordon Kroft for its telecommunications and digital infrastructure team, per Bloomberg....
...Anti-ESG fund manager files for US presidential run Vivek Ramaswamy, a 37-year-old fund manager who has denounced “woke” corporations, has become the latest Republican to file paperwork with the Federal...
...and private equity firms....
...You cannot blame London’s deal doer deficit solely on competition from private equity groups. These are active in all three foreign markets mentioned above....
...You’re damned if you do and you’re damned if you don’t’ Sheila Bair helped lead the response to the 2008 financial crisis as head of the US Federal Deposit Insurance Corporation....
...What else we’re reading The US legal move letting corporations off the hook 3M, the conglomerate, is part of a recent trend whereby US corporations make use of the bankruptcy court not because they are...
...While the former Goldman Sachs banker had no background in broadcasting, his business nous — and ties to Downing Street — were seen as useful to the corporation, especially during negotiations with the government...
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