Hints and tips:
...Aspen, Apollo, Goldman, Citi and Jefferies declined to comment. Industry title Insurance Insider previously reported Aspen was planning a US IPO....
...But . . . people will come back,” said Rob Fullerton, global head of leveraged finance at Jefferies....
...Throughout the 1980s, the business was a leader in mergers and acquisitions and employed the likes of Larry Fink, who went on to lead BlackRock, and Richard Handler, the future chief executive of Jefferies...
...The Spanish lender hired Morgan Stanley M&A banker David Luwisch, former Jefferies industrials banker David Bradley and former Bank of America financial sponsors banker Andrew Greenwald....
...“Microsoft was certainly in front of AI faster and they’re monetising it well,” said Brent Thill, an analyst at Jefferies. “Google struggled.”...
...“These megadeals tend to come in sets,” said Pete Bowden, global head of energy banking at Jefferies....
...And while Looney’s departure could “reignite” speculation over BP as a potential takeover target, as Jefferies’ Giacomo Romeo suggested, the company is in desperate need of someone who can put up a united...
...Here’s Jefferies on the pros of SMAs: However, it’s also easy to see how this can go catastrophically wrong....
...Charles Boakye, ESG strategist at US investment bank Jefferies, said insurers’ climate exclusion policies had been making it increasingly difficult for US coal mines to access insurance in the past year,...
...Barclays has lost three senior investment bankers to Jefferies Group, per Bloomberg....
...CSFB might hope to join that group, albeit that, like Jefferies, it would take balance sheet risks. There are a couple of big obstacles....
...In the eurozone crisis in 2012, Jefferies was forced to sell itself to a meatpacking concern. But Credit Suisse bankers are not worrying about that today....
...Brent Thill, an analyst at Jefferies, said: “Most consider 5 per cent turning out the underperformers, which they should be doing every year anyway,” adding that others in the tech industry were cutting...
...John Colantuoni, a stock analyst at Jefferies, said that ultimately Carvana’s survival would come down to “access to capital over the next five to 10 years, and how cheap that capital is to fund growth”....
...John Campbell, an analyst with bank Jefferies, said that results last week from Nearmap showed that the company was confident of achieving positive cash flow in fiscal 2024, which would have strengthened...
...“There’s a fairly broad church of people who think that such high growth will be difficult for Hargreaves Lansdown to sustain in future,” said Julian Roberts, analyst at Jefferies....
...Darktrace is being advised by investment banks Jefferies and Lazard, the company said. Darktrace shares rose 17 per cent in Monday afternoon trading in New York....
...Meanwhile Baillie Gifford’s Scottish Mortgage Investment Trust — aka the thinking person’s ARKK — marked down its private investments by an average of 9.1 per cent in January alone, according to analysis by Jefferies...
...“Things are slowing down, but it isn’t falling off a cliff,” said Brent Thill, an analyst at Jefferies. “I do think these companies are resilient.”...
...Jefferies has hired Thomas Blackmore as head of FIG debt capital markets for Europe, the Middle East and Africa....
...Its Google Cloud Platform has become one of the company’s most promising businesses: analysts at Jefferies estimate its revenue will jump 56 per cent this year, to $10.4bn....
...Zooplus, despite sitting on €130m of net cash, has more than halved marketing spend to 1.5 per cent of revenues last year, notes Jefferies, a fraction of Chewy’s....
...Jefferies analyst Ulrich Rathe said increasing the T-Mobile US stake “had been stated management strategy”, but that “using Deutsche Telekom shares for that purpose comes as a surprise”....
...TKC, HIG and Jefferies did not immediately respond to a request for comment....
...About 80m existing JioPhone users are expected to finish their contracts in the next two years, according to investment bank Jefferies, making them low-hanging fruit for deals enticing them to upgrade....
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