Hints and tips:
...Read the full story here FOAM Europe: The highlight reel Asset managers are trying to adapt to a world where interest rates are “higher for longer”, geopolitical risks are the highest in half a century...
...Big companies started rethinking the risks of relationships with massive financial institutions peddling credit lines, interest-rate swaps and other services alongside sensitive M&A advice....
...and certain types of loans that we believe generate attractive risk-adjusted returns....
...These types of funds typically use more leverage (borrowed money) to place bets because their risk is spread out: if one manager does poorly, it will be offset by another manager’s profits....
...Last year LastPass, the password manager provider, suffered a data breach. In January hackers disrupted Britain’s Royal Mail parcel delivery service....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Thoma Bravo also faces new risks. The buyouts of RealPage and Proofpoint needed more than $15bn in equity to get done, or roughly 70 per cent of the overall value....
...More loans were allegedly given by Cox & Kings to V Hotels, a struggling beachfront property bought by Peter and Urrshila’s father, Ajit, in 2001....
...Companies are being forced to take it seriously or risk losing employees....
...But his scheme apparently hit a bump in 2013 when a Swiss bank he used, Banque Bonhôte, told him it would release the names of its stateside customers to the US Internal Revenue Service as part of a leniency...
...It acquired Mindcrest, a legal services company, to take its 40-strong managed services business up to 500 people....
...The risk for operators such as Teladoc is that hospital groups employ their own medical professionals to roll out similar services. Even Amazon has joined the fray....
...Appointing a large, well-known asset manager may be perceived to be a low-risk option....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...For FY20e, we expect revenue growth of +32% yoy and adj. EBITDA of €46mn (implying EBITDA margin of 8% on gross revenue). Recessionary impacts....
...not see their risk premium shrink in times of market stress....
...He joins from the fraud investigation service at HM Revenue & Customs. Goodwin has hired Romina Weiss as a tax practice partner in New York. She was formerly a partner at Gibson, Dunn & Crutcher....
...Marston’s has nearly doubled in response as an effective sale of its brewery (with some control retained) helps dig it out of a liquidity k-hole....
...“We said [to potential hires], you’re going to have to risk more than you do somewhere else to make similar to what you would make somewhere else . . ....
...He turned Guggenheim Securities into a formidable M&A player — ranking 11th in revenues among US advisers from 2014-16....
...“To operate on the scale that Barclays does with our institutional clients you need to be a full-service investment bank,” he says....
...His call did not fall on deaf ears: by 2010, annual revenues from the medicine had soared to $3bn per year....
...Smart reads David v Goliath Large consumer goods companies are starting to feel the impact of their smaller, more innovative rivals....
...According to a June 2017 internal memo seen by the FT, Guggenheim’s annual revenue dropped by 5 per cent to $765m in 2016 as its total return to shareholders fell 4 per cent....
...They closely resembled those described in Andrea’s tip-off to the Financial Services Authority, the City watchdog, and HM Revenue & Customs, the UK’s tax authority....
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