Hints and tips:
Related Special Reports
...After a brief stint at lender CIT Group he joined Jefferies as an investment banker, where he was “top bucket” among the intake of analysts in his first year....
...Job moves Centerview has hired former Credit Suisse co-head of Emea financial institutions group Israel Fernández as a partner, Financial News reports....
...Financial data company S&P Global is nearing a deal to buy research platform Visible Alpha that could value it at more than $500mn from a consortium of investment banks including Goldman Sachs, Jefferies...
...Jefferies estimates that no trust has raised equity to invest in new green assets since 2022. Raising more debt is not necessarily an option....
...Here’s a chart from Jefferies that shows the reported private equity performance of the biggest US firms, relative to what public markets have done (zoomable version)....
...NYCB is working with Jefferies as a financial adviser. Its legal advisers are a team lead by Sven Mickisch, a Skadden Arps partner who was recently hired by Simpson Thacher....
...James Wheatcroft, an analyst at Jefferies, said that the new targets “sit slightly ahead of consensus estimates”, adding that there had been “a step-change in urgency at 888 to position the business for...
...“We see limited areas of concern,” Jefferies said....
...The group estimated the rule would cost airlines $33bn over 10 years....
...In a statement on Thursday, Close Brothers said there was “significant uncertainty about the outcome of the FCA’s review, and the timing, scope and quantum of any potential financial impact on the group...
...“I think it won’t be rubber stamping [Elon’s wishes] any more,” said Philippe Houchois, auto analyst at Jefferies....
...And if we had a leaner organisation we can do more,” said Jefferies analyst Brent Thill. “The lay-offs are going to continue and it may get worse. It’s become contagious.”...
...The FCA’s clarification sent shares in Lloyds Banking Group down more than 2 per cent while shares in specialist lender Close Brothers fell nearly 3 per cent....
...“The industry continues to have a revenue problem and the cost structures are not aligned with the current growth outlook,” Jefferies analyst Daniel Fannon wrote this week in a note about the sector....
...Japan’s Sumitomo Mitsui Financial Group has announced plans to triple its stake in Jefferies to 15 per cent....
...The US Securities and Exchange Commission is seeking $2bn in penalties from Ripple Labs after a US federal court found the cryptocurrency group had violated securities laws by improperly selling some tokens...
...JLEN is likely to cross the threshold for a discontinuation vote at the end of its financial year this month....
...While Microsoft and Nvidia have been the first to show clear revenue growth resulting from their AI products, analysts will be watching closely whether other big tech groups will update their financial forecasts...
...But the bank was repaid when the Barclays secured financial backing from Abu Dhabi-backed RedBird IMI in December....
...Analysts at Jefferies have previously estimated that an offer in the 270p to 300p per share range would have “a higher likelihood of being accepted . . . and would be more in line with recent M&A valuations...
...UK software group Solidatus, which helps companies manage their data, is ranked 91st....
...“Transformative M&A has arrived,” Jefferies analyst Dan Fannon wrote in a note....
...On Sunday Jefferies analysts said that Apple iPhone sales in China — where it faces resurgent competition from Huawei — dropped by 30 per cent in the first week of 2024....
...The merger between Cigna and Humana would have helped the insurers compete with larger rivals including UnitedHealth Group, which generated $322bn in revenue last year....
...Donald Trump’s former US Treasury secretary had made a fortune rehabilitating a failed US mortgage lender after the 2008 financial crisis....
International Edition