Hints and tips:
...Miller, however, said his case had been boosted by a decision last week in the Delaware Court of Chancery involving the investment bank Moelis & Co....
...controls (FT) What Barclays’ history tells us about its current predicament (Opinion) Independent in talks to take control of BuzzFeed and HuffPost in UK (FT) Elon Musk to make another break with Delaware...
...As the FT’s Sujeet Indap reported on Wednesday, a Delaware decision last week striking down how much decision-making power Ken Moelis has at his boutique bank Moelis & Co, may prove pivotal in the Crown...
...So why has owner SoftBank felt the need to line up so many banks to help? The offering is being led by Barclays, Goldman Sachs, JPMorgan and Mizuho along with 24 other underwriters....
...Behind the bank merger Who would be behind another bank rescue but JPMorgan Chase boss Jamie Dimon, who helped orchestrate the deal between Banc of California and PacWest at his private beach club, Bloomberg...
...interest rate announcement Germany: GfK consumer climate survey US: Q2 GDP and consumer spending figures Results: Anglo American H1, ArcelorMittal Q2, Banco Sabadell Q2, Barclays H1, Beazley H1 trading...
...Banks, including Morgan Stanley and Barclays, offered to lend almost $13bn per transaction and Musk posted his Tesla shares as collateral....
...Imagination Technologies is appointing banks to advise on a flotation next year as its Chinese-backed owners prepare to exit....
...In Delaware, the Fox defamation trial is due to start on Monday....
...Arrival’s deal with Kensington Capital Acquisition Corp V values the company at $524mn....
...The banks and Musk would quickly regret their haste as interest rates surged and technology stocks plunged....
...A group of banks led by Morgan Stanley, which includes Bank of America and Barclays, committed $13bn in financing for the deal back in April....
...As always, drop your story ideas to me at sid.v@ft.com and have a great week....
...A group of banks led by Morgan Stanley and including Bank of America and Barclays, committed $13bn in financing for the deal in April when debt markets were still relatively stable....
...The Delaware Supreme Court thinks not, DD’s Sujeet Indap explains....
...The banks, including Bank of America, Barclays, and Japanese bank and Morgan Stanley-investor MUFG, are not expected to attempt to raise $12.5bn of the debt through public or private debt markets before...
...The result was a sharp V-shaped economic recovery from the pandemic lows....
...The reaction was immediate: investors yanked €8bn from H2O’s funds, while billions of euros were wiped off the market value of French bank Natixis, which first seeded the firm back in 2010....
...Barclays has appointed Tim Main to lead its investment bank in Europe, the Middle East and Africa, replacing Reid Marsh, who is being made global chair of investment banking in a broader reshuffle of senior...
...FURTHER READING: Complaint, Orlando Police Pension Fund v....
...As always, reach out to us at imani.moise@ft.com and sid.v@ft.com with thoughts and topics....
...Reach out to us at imani.moise@ft.com or sid.v@ft.com....
...The company counts banking and technology heavyweights including Bank of America, HSBC, Barclays, Intel, ING, and UBS among its shareholders....
...And then you have some more legacy payment cards and software, such as a card issued by Deutsche Bank or Barclays....
...It’s not a consumer bank. It’s not a business bank....
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