Hints and tips:
...Doubts exist about whether Capital One will secure regulatory approval for its Discover acquisition, with shares in its target trading below the deal’s purchase price....
...Deutsche Bank advised Renesas while JPMorgan advised Altium....
...When I chaired the FDIC during the financial crisis, we sold the failed the mortgage lender Washington Mutual to JPMorgan. It was our only bidder and was prepared to take over WaMu immediately....
...Also in the group is Manuel Sánchez Rodriguez, a former top executive at Spanish bank BBVA and a board member, since 2018, of the US government-backed mortgage insurance company Fannie Mae....
...A JPMorgan star’s turbulent time at HKEX One of the earliest moves that the star JPMorgan Chase banker Nicolas Aguzin — nicknamed “Gucho” — made when he joined Hong Kong’s stock exchange as chief executive...
...At an event in London last week, JPMorgan Asset Management‘s chief executive George Gatch explained why he’s not touching either of them, writes our columnist Katie Martin....
...Analysts expect investment banking revenues to rise in the first quarter from low levels a year ago, with activity in mergers and acquisitions and capital markets underwriting showing signs of recovery....
...He has previously been a senior investment banker and executive at JPMorgan....
...The market for mergers and acquisitions has finally started to pick up after a slowdown that has proved far more enduring than many on Wall Street anticipated....
...JPMorgan financed its creation; Andrew Carnegie helped to found it. It was once the largest corporation in the world, and its plants lined the banks of Pennsylvania’s Monongahela River....
...The government created Freddie Mac, Ginnie Mae, mortgage-backed securities, modified mortgages and subsidised rates for homeowners. It was a 1 per cent mortgage era....
...At the suggestion of SoftBank executives, Better soon after cut a deal to go public via a special purpose acquisition company, choosing one set up by Icelandic billionaire Thor Björgólfsson....
...While Elliott has eyed Currys as a possible acquisition target for several years, last month its initial two bids were both rejected quickly by the company....
...The acquisition by Barclays follows its £2.2bn purchase of Kensington Mortgages last year....
...Capital One and Discover are two of the biggest credit card lenders, behind JPMorgan Chase and Citigroup....
...Since May 2021 it has been attempting to cement a merger with a special purpose acquisition company....
...Commercial property, and in particular mortgages on office buildings with low occupancy rates, have been a big concern for lenders since the Fed started lifting interest rates....
...(His successor at HKEX, Nicolas Aguzin, is also a former JPMorgan banker). Li made his name with ambitious dealmaking, including the £1.4bn acquisition of the London Metal Exchange in 2012....
...The lines are already drawn: JPMorgan Chase’s Jamie Dimon and proxy adviser Glass Lewis have backed Iger, while ISS, the other main proxy adviser, has thrown its weight behind Peltz....
...Apollo, Brookfield, Carlyle, KKR and JPMorgan all declined to comment....
...The decision to delay the results “is an early blow to the credibility of the new [fund] board, and casts further doubt over the credibility of the independent valuer, Citrin Cooperman”, JPMorgan Chase analysts...
...While on the surface the Altium deal makes sense for Renesas, our colleagues at Lex warn its growing list of big ticket acquisitions should raise eyebrows....
...This month the brand completed the acquisition of one of its suppliers, Sirio....
...Former JPMorgan Chase banker Nicolas Aguzin is to leave his role as chief executive of Hong Kong’s stock market operator HKEX at the end of his three-year term....
...Citi says it serves 700 law firms and 50,000 lawyers in the US and Britain, providing services that include favourable mortgage rates....
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