Hints and tips:
...Davis Polk has appointed Raul Yanes to become chair of its white collar defence and investigations practise. He was most recently at Morgan Stanley and is a former senior White House official....
...Ken Lebrun, a Tokyo-based M&A partner at Davis Polk & Wardwell, said there were increasing signs that 2024 would bring a long-awaited rebound in Japanese outbound dealmaking after a lull during the pandemic...
...They join from Morgan Stanley and Citi, respectively. Coatue Management managing director Aaron Weiner is leaving the group to start a new hedge fund, Bloomberg reports....
...First, Japanese banks want a bigger chunk of the general investment banking fee pool for grabs in the US market, the world’s largest, said Ken Lebrun, a senior M&A partner at Davis Polk in Tokyo....
...Job moves Morgan Stanley boss James Gorman plans to step down within the next year....
...The law firm Davis Polk advised the banks. Participants were encouraged by the news that deposit outflows at First Republic had slowed....
...mark 238 days without a tech IPO worth more than $50mn, surpassing the previous records set in the aftermath of the 2008 financial crisis and the early 2000s dotcom crash, according to research by Morgan Stanley...
...the relatively lower-risk end of the pipeline, larger companies and “marquee names or those with stronger fundamentals rather than just growth stories”, said Roshni Banker Cariello, a partner at Davis Polk...
...He joins from Morgan Stanley, where he was vice-chair of global investment banking and a managing director for Mitsubishi UFJ Morgan Stanley Securities’ investment banking division....
...stock fell 5.9 per cent to £76.78 on Monday as investors digested the deal; Goldman Sachs — the press release announcing the deal doled out financial advisory credit to its Wall Street neighbours Morgan Stanley...
...The bank lost out to Morgan Stanley last year in the $7bn bidding war for US investment manager Eaton Vance....
...(As we have highlighted before, the big winners on the advisory side were bankers at Morgan Stanley as well as law firms Davis Polk and Mumbai’s AZB & Partners)....
...Davis Polk has hired Paul Marquardt as a partner in the law firm’s financial institutions group in Washington DC....
...Credit Suisse and Morgan Stanley declined to comment on their involvement with Luckin. Davis Polk did not respond to a request for comment....
...JPMorgan and Morgan Stanley declined to comment on the mix-up....
...Takeda’s financial advisers and corporate brokers at Nomura, JPMorgan and Evercore are set to make a combined $111.7m, while Shire’s advisers at Goldman Sachs, Citigroup and Morgan Stanley will make $145m...
...It’s worth nothing that while most dealmakers are scrounging for activity in these strange times, Reliance’s advisers — Morgan Stanley and the law firms Davis Polk and Azb & Partners — are having the time...
...Davis Polk & Wardwell and Osler, Hoskin & Harcourt are providing legal advice to Morgan Stanley in connection with the transaction. Additional reporting by Pan Kwan Yuk in New York...
...Martin Rogers has been appointed chair of the Davis Polk & Wardwell Asia practice and Li He and Miranda So have been named co-heads of the firm’s Hong Kong office....
...Morgan Stanley has hired Seema Hingorani, founder of Girls Who Invest, as a managing director in the bank’s investment management team....
...Sky’s financial advisers — Morgan Stanley, PJT Partners and Barclays — will make between £59.5m and £61.5m in M&A advice....
...The warning on tariffs and lowered guidance came alongside a 12 per cent year-on-year drop in second-quarter net sales to $2.2bn in what Morgan Stanley analysts dubbed a “noisy quarter”....
...Companies that have announced price increases include Coca-Cola, Kraft Heinz, Stanley Black & Decker and Whirlpool, but not all have yet taken effect....
...If that wasn’t enough, Comcast’s legal deal team includes Davis Polk lawyer Tom Reid, who spent years working with all of the above at you know where. Cosy....
...Asset manager DWS has hired Kumber Husain from Morgan Stanley. Husain will take on a new role overseeing private equity in the Americas, Bloomberg reported....
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