37 articles found within the last year.
Displaying results 1 - 20
-
Swiss private bank plans ‘transformational’ acquisition
EFG International, which has completed more than a ... Stressing that EFG has “stopped making smaller acquisitions, ... Such a transaction would catapult EFG into the...
-
Macquarie bolsters wealth operations with Canadian acquisition
Macquarie has acquired Canada’s Blackmont Capital, an independent ... Blackmont, which has a team of more than...
-
Invesco seals deal for Van Kampen
Morgan Stanley agreed to sell Van Kampen and ... The deal, which had been expected, would add ... Morgan Stanley co-president James Gorman touched off the ... Morgan Stanley was also working on building its ... Invesco's Flanagan said that he expected cost savings ... Morgan Stanley is expected to be able to...
-
When Bruce Wasserstein and Joe Perella ruled the world…
The 1980s gave birth to an M&A boom ... Street Scene: Top merger men quit at First ... Wasserstein and Perella, stars and profit centres, plan ... By Wall Street Journal staff reporters James Stewart, ... In a decade when the mergers and acquisitions ... All that ended abruptly yesterday morning when the...
-
Trading engine room drives Goldman revenues but comp ratio falls
Goldman Sachs’ trading and principal investments business fell ... Trading and principal investments, which includes Goldman Sachs ... The bank generated net investment banking revenues of ... However, Goldman Sachs cut its compensation-to-revenues ratio to ... The results come a day after JP Morgan...
-
Credit Suisse recruits ex-ABN banker as French chief
Credit Suisse has hired a former ABN Amro ... Pierre Fleuriot joins Credit Suisse to replace François ... Fleuriot ran the M&A business in France for ... According to the statement Fleuriot will be responsible ... Credit Suisse is no longer a leading player ... Varvel said: "These two senior appointments demonstrate our...
-
German dynasties feel the crunch
There is a saying in family-owned businesses that ... The Merckle, Porsche, Schaeffler and Schickedanz families have ... According to Forbes, Adolf Merckle was the 36th ... Porsche, once praised for being as efficient a ... Peter Veranneman, corporate partner at Skadden Arps in...
-
News analysis: a year of change in asset management
Twenty of the world's biggest asset managers at ... Watson Wyatt's survey, which is published in association ... Not all firms suffered to that extent. Japanese ... Overall, however, Carl Hess, global head of investment ... But the industry's fortunes have recovered slightly in...
-
European banks likely to continue asset management disposals
UBS, Société Générale and Lloyds Banking Group could ... In a report, titled Responding to re-regulation, analysts ... The report comes as Bank of America Merrill ... It also follows similar divestments by Barclays, which ... According to Keefe, Bruyette & Woods, the trend...
-
Morgan Stanley France chairman takes Rothschild role
Morgan Stanley’s most senior banker in France has ... Patrick Ponsolle is the latest addition to Rothschild ... Ponsolle had been chairman of Morgan Stanley in ... Ponsolle was also previously a senior executive of ... David de Rothschild, chairman of the Rothschild Group,...
-
Looking for targets: the sectors to watch
One effect of the financial crisis has been ... Tom Willett, global head of M&A at RBS, ... Analysts at Credit Suisse have identified some of ... Most of the M&A in the European insurance ... M&A is likely to be a key feature ... Consolidation of aerospace suppliers is a theme across...
-
Ex-Bear banking chief seals first deal with new boutique
The boutique investment firm co-founded by Bear Stearns’ ... BLM Partners, which was founded earlier this year ... AEG Power Solutions was previously owned by Belgian ... The acquisition was arranged through a rare reverse ... Lahnstein said: “We are delighted with the successful...
-
UK property deals start to build
The property market, like the mergers and acquisitions ... While some investment banking teams have done well ... According to data from Thomson Reuters, since the ... However, things are looking up, with prime UK ... Jonathan Thompson, global head of real estate at ... The interest surrounding British Land, the UK’s second-largest...
-
Lloyds to consolidate asset management, sell Insight Investment
The UK's Lloyds Banking Group on Wednesday said ... The bank is undertaking a large-scale revamp after ... The takeover of HBOS, a big mortgage lender ... Lloyds Banking Group is now the largest bancassurance ... Investment management of the funds from Halifax and ... The rest of Insight Investment -- an external...
-
Asset management M&A set to rise
Asset management takeover activity will recover from a ... Robert Lee and Larry Hedden, analysts at investment ... Asset management companies have become more confident, Lee ... The research comes after M&A activity declined dramatically ... The total deal value of asset management transactions...
-
Cross-border M&A plummets 80% in Europe
European bankers heartened by signs of a return ... According to data provider Dealogic, European outbound M&A ... This compares to a decline of 41% for ... The drop off in overseas M&A, particularly of ... UK pharmaceutical company GlaxoSmithKline’s $3.6bn bid for US...
-
UK bank stake paper losses fall 40%
Rallying share prices have helped trim paper losses ... The latest valuation of the unrealised losses on ... UKFI said its ordinary shareholdings in RBS and ... The valuations have meant the combined unrealised losses ... Despite the share price improvement, UKFI acting chairman...
-
Funds industry set for M&A 'reshaping'
The fund management industry faces its “most radical ... Jefferies Putnam Lovell, an investment banking boutique that ... Along with divestitures, it highlighted asset managers seeking ... Aaron Dorr, a New York-based managing director at ... Research by the company showed that the need...
-
Goldman buoyed by 140% fee forecast
Goldman Sachs has recorded the largest quarter-on-quarter increase ... Revenues from debt and equity underwriting, and mergers ... Equity capital market was largely responsible for the ... Goldman is due to release its second quarter ... The world’s largest fee earner remains JP Morgan,...
-
Goldman ranks top in China
Goldman Sachs is set to pass the half-way ... The US banking giant has already earned $81m ... Its revenues have been bolstered by an estimated ... Bank of America Merrill Lynch is second in ... Overall investment banking revenues in Greater China total ... Goldman could further strengthen its league table position...
12
