Hints and tips:
...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....
...Take our quiz.The market for special purpose acquisition companies has become an unexpected casualty of the collapse of Archegos Capital Management, as banks rein in lending to hedge funds that had invested...
...Those are all separate companies, different kinds of investments. We want them all in the US....
...Last year the company reported operating income of $742m, down from $887m in 2018....
...This reflects the strong performance of large tech and healthcare companies of late that happen to dominate the benchmark....
...(FT) Europe v US One of the most brutal trading quarters in memory has sparked another round of soul-searching at Europe’s few remaining investment banks. Is it time to wield the axe again?...
...The challenger v the banker EDWARD BRAMSON Activist investor, Sherborne Holds a 5.5 per cent stake in Barclays and is using it to try and force his way on to the board and engineer a shift in strategy...
...He leaves an unassailable legacy as the pioneer and leading advocate of the $10tn index investment universe....
...Jefferies has named Peter Scheman as its new co-head of Americas industrials investment banking and a partner at the firm, Reuters reported. Scheman joins from Goldman Sachs....
...Amazon will finance the deal with debt, including a bridge loan financed by Goldman Sachs and Bank of America, the company said in a filing with US securities regulators....
...Mr Greenberg created the Chubb of today when in 2015 he struck the biggest deal in property and casualty insurance history. He was CEO of Ace, the Zurich-based insurer he joined in 2001....
...“I have worked very hard the 20-plus years I've been here to ensure that the branding and the image of this company is not wrapped in the American flag,” says E. V....
...Analysts at Credit Suisse add that increased infrastructure spending may be perceived as bullish for industrial companies that make the machinery and products necessary for such investment....
...as bank funding, private investments or public debt and equity markets....
...Moreover, deals of such a big scale carry big execution risks, as highlighted by the ill-fated $70bn merger between Citicorp and Travelers, agreed in 1998....
...Caesars Entertainment, a $30bn deal that closed in January of 2008, filed for bankruptcy protection on January 15, endangering TPG’s $1.74bn investment in the gambling and resort company....
...He stepped down as chairman in 2006 and Citi later became one of the biggest casualties of the financial crisis, requiring a $45bn bailout....
...In property casualty insurance, periods of rising and falling premium rates, and therefore ups and downs in earnings and stock prices, come and go. In recent years, rates have been increasing....
...The primary insurers are more exposed, so the likes of State Farm, Allstate and Travelers, which have big market shares in the affected areas, will be the ones to watch....
...Bank of America and Mr Weill’s old company Citigroup....
...The acquisition follows KKR’s $7.2bn deal last week to acquire Samson Investments, the US oil and gas company, in the world’s largest buy-out this year outside of the real estate sector....
...Over the last year, we understand that a number of AIG’s 100,000+ employees have left A.I.G. to join the company’s direct competitors in the global property and casualty and life insurance businesses....
...Articulate and driven, Jananayagam confirms the stereotype of the Tamil diaspora: she used to work as a bond trader at the investment bank Credit Suisse and ran her own hedge fund....
...Merrill Lynch, once a proud independent company whose bull logo adorned the main streets of middle America, was forced to sell itself to Bank of America....
...By December 2001, Mr Weill even turned his back on a big part of his legacy, moving to spin off Citigroup’s Travelers property and casualty insurance arm – which had given Mr Weill his corporate name and...
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