Hints and tips:
...SVB Financial bought the healthcare-focused advisory business for $280mn in 2019 as it tried to bolster its growing investment banking franchise....
...Bids have reached the second round; Winslow said the Bay Area franchise’s expansion fee is “the benchmark from here”. Is the league profitable?...
...The firm has hired Paul Russo, who had previously worked as global chief operating officer of Goldman Sachs’s equities franchise until 2018, as head of risk management for equities, the people said....
...The other half of Amazon is a global (but quite domestically tilted) e-retailer. Google is a quite cyclical search advertising provider that caters to business....
...Quintet Private Bank, a Luxembourg-headquartered bank owned by the Al-Thani family of Qatar, has recruited Eli Leenaars as chief operating officer effective June 1....
...One of these investments was into a fund that helped finance the films Rocketman, the Elton John biopic, and latest in the Men in Black franchise....
...He will be replaced by chief operating officer Michael Gelchie in October....
...Other affiliates specialise in jet leases, franchise loans and other attractive niches....
...“Prudential PLC’s two separately managed franchises . . . have distinct strengths but share no discernible benefit from being operated under the same corporate umbrella,” the Third Point letter said....
...UBS remains a strong franchise. But it is beset by the common European banking nightmare of low rates and hefty regulation....
...Job moves Nomura said that chief operating officer Kentaro Okuda will replace Koji Nagai as chief executive starting in April next year....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...And here’s Sebastien Galy of Nordea: Saudi Arabia with operating costs around ten dollars is breaking the will of Russia with much higher operating costs onshore of 30 dollars....
...Richard Branson is making his first move into the US rail market, 21 years after he began operating passenger trains on the UK’s west coast main line between London and Scotland....
...“Challenging market conditions for UK bus markets combined with lower rail earnings (excluding one-off benefits) suggest that, in the absence of new franchise wins, earnings growth is likely to be negative...
...It explained: BlackRock is valued like a traditional asset manager but it has much greater potential for structural revenue growth and operating margin expansion....
...Britney Spears first and now Jennifer Lopez have had successful residencies at Caesars properties; chefs including Gordon Ramsay, Nobu and Mr Chow have franchises....
...Mr Xia will become chairman of the company, with Mr Lerner serving as chief executive and Mr Short becoming chief operating officer....
...You have a company that has an enviable, if slowly declining, franchise and a woeful record of executing large-scale acquisitions. What do you do if you want to maximise returns for investors?...
...These pressures affect the entire sector but we believe they are particularly unhelpful for Deutsche Bank as it seeks to strengthen capital and maintain its franchise while fundamentally restructuring its...
...The ratings agency adds We take the view that the execution risk surrounding the business transition exposes the Quick group’s EBITDA and free operating cash flow (FOCF) generation to fluctuation....
...Recon Group is described as a “multinational conglomerate operating in six core business sectors” including infrastructure, health, agriculture and transport....
...It seems implausible now but it worried at the time that its search franchise could be locked out of mobile by powerful phonemakers such as BlackBerry (it was long ago)....
...In 2005, Dulwich College severed ties it had maintained for eight years with its franchise in Thailand after a row over management at the Thai school....
...“It’s not really what I wanted to happen; it was a great franchise and I would have much preferred to run it and fix it,” he said....
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