Hints and tips:
...HPS was founded in 2007 as a division of Highbridge, JPMorgan Asset Management’s hedge fund unit, and was spun off in 2016....
...Wells Fargo has hired Derek Van Zandt from Citigroup to lead media and telecommunications banking, Bloomberg reported....
...Franklin Templeton is lukewarm but likes “naturally diversifying ‘alternatives’ such as private assets” RBC Capital Markets has a Q&A. “The time to pivot will come in due course,” says Wells Fargo....
..., Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, SocGen, UBS/CS and Wells Fargo will clock in at about $141bn this year....
...Banks led by Goldman Sachs and JPMorgan Chase and including Citigroup, Wells Fargo, UBS and Deutsche Bank are arranging $8.4bn in loans to finance the deal, sources told the FT....
...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....
...There was inane risk management, where companies took massive leverage and asset liability mismatch . . ....
...She was previously a senior vice-president and head of targeted sourcing at Wells Fargo....
...Another well-known investment house — Soros Fund Management — has been topping up its bank holdings....
...Or look at the action of banks. This week JPMorgan Chase, Wells Fargo and Citi set aside a record $28bn for bad loans, more than expected....
...In the US, $9.5bn of credit charges — including loan loss provisions — pushed Wells Fargo to a $2.4bn loss, while profit fell more than 50 per cent at Citi, Bank of America and JPMorgan....
...But a lengthy cycle of loan losses and business failures remains a legitimate risk scenario (just look at the initial reaction to the results from Wells Fargo)....
...The energy transition strategy update in March is key to becoming more positive on the stock, absent a V-shaped recovery for their O&G customers. Glaring value?...
...Wells Fargo has hired Scott Powell, the chief executive of Santander’s US operations, to be the bank’s chief operating officer. More here....
...Saudi Aramco has hired Wells Fargo banker Robert Fernandez to manage its relationship with banks after the oil company completed the world’s biggest share sale....
...He previously led the middle market consumer and retail M&A effort at Wells Fargo Securities....
...(BBG) News round-up Bayer to sell animal health business to Elanco for $7.6bn (FT) As Wells Fargo seeks new CEO, toll on stock hits $24bn (BBG) French retailer Casino plans to offload €2bn more in assets...
...to as a trophy asset....
...With minimal equity value, it is using the opportunity to shed its worst assets or get a material change in rent....
...What's fascinating about the group's reply -- something also indicated by the group's attempt to sue Wells Fargo for suspending their relationship with them -- is that it believes itself to be a victim of...
...and Wells Fargo....
...This time Christian Noyer was meeting policymakers at the Bank of England, as well as a clutch of bankers and asset managers....
...Big asset managers such as Vanguard and Fidelity have responded by launching similar services, while broker-dealers such as Bank of America and Wells Fargo have also joined the fray....
...The survey, known as ETFGI’s treasure map, shows that about $256bn of ETF assets are also held by Wells Fargo, Morgan Stanley, Goldman Sachs, UBS, BMO, JPMorgan and Citigroup, which control massive positions...
...• Nicolaas Marais has joined Wells Fargo Asset Management as president with responsibility for multi-asset class solutions, research and product management....
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