Investment Banking Industry News
A collection of Investment Banking latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Politics And The Markets 10/18/26
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Global credit manager Ares hires bankers for Rio Tinto's $7b auction
The battle is on for mining giant Rio Tinto's $7 billion Australia and Canada-based power infrastructure assets with at least three heavyweight bidders formally entering the race. New York-listed Ares Management lobbed an offer on Friday night and…
Some Links
Sweden established the Swedish Investment Bank in 1967 to channel long-term finance to industry and in 1970 it founded the state holding company Statsföretag (Swedish State Company), which brought 22 companies under a single umbrella to…
Foxtel questions emerge just 18 months after Dazn's $3.4b takeover
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.
Macquarie Capital veteran exits amid further staff cuts
Macquarie Capital is losing more senior bankers, including a veteran of more than 20 years, as the country's largest investment banking team cuts staff in its corporate advisory business. Stuart Owen, an executive director and the head of Macquarie…
Airtree co-founder Daniel Petre backs fund manager Savana
Airtree Ventures co-founder Daniel Petre is tipping some of his personal wealth into fund manager Savana Active ETFs, a Sydney-based firm hoping to take on sector giants such as Betashares and BlackRock's iShares. Petre's investment valued Savana…
Brookfield's $4.1b Reliance Worldwide bid survives 'go-shop' clause
North American giant Brookfield's deal makers have cleared the penultimate hurdle in their quest to pluck plumbing supplies giant Reliance Worldwide off the ASX boards with a $4.1 billion bid. Sarah Thompson has co-edited Street Talk since 2009…
Huge exit: The Israeli company sold for $6.3b.
Another massive deal in the cyber sector: Cybersecurity company Proofpoint, owned by private equity firm Thoma Bravo, will acquire Israeli information security firm Varonis Systems in a cash deal valued at approximately $6.3 billion. Under the…
Santos' erstwhile suitor XRG lays plumbing for M&A bet Down Under
Abu Dhabi National Oil Company last month registered a string of shell companies that show it is preparing to pounce on an M&A bet Down Under, just over a year after its $36.4 billion joint bid to buy Santos collapsed. Its energy investments arm…
D-Wave Quantum (NYSE: QBTS) Stock Has Lost 69% In A Year - Can It Still Create Millionaires?
D-Wave Quantum (NYSE: QBTS) has delivered some extraordinary returns for well-timed investors, but the road has been anything but straight for those who bought at the wrong moment. A $5,000 investment made just two years ago would now be worth over…
KOSPI's biggest October rout problem: No one left to buy the dip
Korean stocks may be facing a more troubling sell-off than July's rout, as a shrinking pool of buyers struggles to absorb foreign selling pressure, analysts said Sunday. KOSPI fell for seven straight sessions through Thursday, losing 20.7 percent…
Birch Hill Investment Advisors LLC Buys 17,823 Shares of Bank of America Corporation $BAC
Birch Hill Investment Advisors LLC increased its position in Bank of America Corporation (NYSE:BAC) by 10.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 196,248…
UBS Favors Samsung as AI Memory Stocks Slide 19%
Memory semiconductor stocks have suffered a sharp selloff in recent weeks, but UBS analysts believe the downturn presents an attractive buying opportunity as artificial intelligence (AI) infrastructure continues to drive demand for advanced memory…
35 Analysts Cover SpaceX. Here's Why Their Price Targets Have Almost Nothing to Do With Rockets.
Space Exploration Technologies (SPCX -1.74%), also known as SpaceX, is famous for its rockets. But those launches explain surprisingly little about how Wall Street values the company. The 35 analysts tracked by TipRanks have 12-month price targets…
Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions: Chairman Ghosh
Bandhan Financial Services, part of Bandhan Group, will explore opportunities in the health insurance sector once the recent acquisitions of a mutual fund company and life insurance companies stabilise, its chairman Chandra Sekhar Ghosh said. The…
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