Hints and tips:
...Last week it took part in a $3.84bn debt sale tied to the buyout of software group Citrix, picking up the junior bonds at a deeply discounted price when lenders led by Goldman Sachs and Bank of America raced...
...The Glazers entrusted Raine Group with United’s future after the US investment bank led the sale in May 2022 of Chelsea FC, achieving a price of £2.5bn in an accelerated process due to the sanctions imposed...
...America’s Private Bank....
...PwC Australia also sold its government consulting business for a nominal A$1 to try to ringfence its contracts from the fallout....
...Barclays has named Ricardo Fernandez as head of investment banking for Mexico. He joins from Bank of America, where he held the same role since 2017....
...In March, the US Federal Reserve and Bank of England raised rates by a quarter point rather than a half point. Is some of this related to concerns about the banking sector?...
...This is about a very small subset of women who can go to a plaintiffs’ law firm and say, ‘Look, my target is a billionaire.’” V....
...of America Q4, Bank of New York Mellon Q4, BlackRock Q4, Citigroup Q4, Delta Air Lines Q4, DFS Furniture H1 trading statement, JPMorgan Chase Q4, Taylor Wimpey trading update, UnitedHealth Group Q4, Wells...
...Despite the recent choppiness of financial markets, 51 per cent of US equity fund managers out performed the stock market in January, according to Bank of America....
...Brian Moynihan, chief executive of Bank of America, says the $2tn stimulus agreed last week by US lawmakers was of “a substantial size and dimension that most of us think is big enough to help do the trick...
...Olaf Diaz-Pintado will become head of the bank’s Emea cross markets group....
...banks, and end “useless speculation” by private equity groups....
...Here’s Bank of America: We had modelled £40m in our estimates and our sense is investors were factoring in £40-50m....
...However, their growing clout began to attract the scrutiny of US business lobby groups, as well as some of corporate America’s best-known leaders....
...is really a vote of no confidence from the bond market in the idea of a V shaped economic recovery....
...centre), including a $185m “consulting fee”....
...Ashtead, a £6bn company, is down by a fifth with no news on the tape other than Bank of America repeating “buy” advice....
...The group has c.2.7x ND/EBITDA against a covenant of 4.25x....
...Before joining the real estate investment bank, Silverman was a managing director and head of the investment sales group at Hodges Ward Elliott while McCoy served as president of the Stonemont Income Fund...
...Nine banks, including Bank of America, Citigroup, JPMorgan Chase and Goldman Sachs have joined forces to form a new company called DirectBooks, which is aiming to smooth out the (sometimes long-winded) process...
...It currently ranks among the largest in that segment, alongside UBS and Bank of America Merrill Lynch....
...She’s currently the chief executive and vice-chair of Kissinger Associates, a consulting firm. She is also on the board of Morgan Stanley....
...The grouping, seen as a way to break the stranglehold of the country’s four big high street banks, is confronting a tougher climate....
...The largest buyout of a Japanese financial company over the past four years was Capital Group Companies’ acquisition of financial services group Orix Corp for $1.07bn in 2013....
...Carnoy, who will sit on the group’s management committee, joins from Bank of America....
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