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.
Investment bank traders bragged about how easy it was to manipulate the precious metals markets
(Kitco News) - The trial of two precious-metals traders who used to work for Bank of America's Merrill Lynch unit showed one of them, Edward Bases, bragging about how easy it was to manipulate prices. According to Maria Garibotti, a vice president…
Grills Are the Latest Fad in a Scorching IPO Market
The searing market for newly public companies has a new obsession: grills. Two leading sellers of outdoor grills and grilling accessories, Weber and Traeger, both filed paperwork for initial public offerings earlier this month, while online…
Delays, More Masks and Mandatory Shots: Virus Surge Disrupts Office-Return Plans
Several hospital systems that previously held off making vaccines mandatory for health care workers are now willing to do so. Google employees in California who have returned to the office on a voluntary basis are again wearing masks indoors.
Vista Equity considers sale of Tibco, which it bought for $4.3 billion in 2014, sources say
Vista acquired Tibco Software for $4.3 billion in 2014. No deal is assured and no bankers have been hired yet, sources say. Vista has added to Tibco with bolt-on acquisitions in recent years. A sale of Tibco could command $7.5 billion or more…
Insider Cannabis newsletter: July 23
Welcome to Insider Cannabis, our weekly newsletter where we're bringing you an inside look at the deals, trends, and personalities driving the multibillion-dollar global cannabis boom. What's going on this week? Turning Points Brands, a NYSE…
Chinese education stocks plunge as Beijing wants companies to turn non-profit
Shares of Chinese tutoring companies crashing Friday after Bloomberg reported that Beijing is targeting the sector. China is considering asking education tech companies in the $100 billion sector to turn into non-profits. Shares of Tal Education…
NatWest Blocks Customer Payments To Binance, In Latest Blow To Crypto Exchange
In the latest blow to Binance — the world's largest cryptocurrency exchange — U.K. bank NatWest is now blocking its customers from making payments to Binance both in the U.K. and abroad, reports Yahoo Finance. NatWest acted after…
Jefferies CEO Richard Handler dishes on M&A outlook, talent wars, and the book every young banker should read right now
Richard Handler is the CEO of Jefferies Financial Group. Handler has established a reputation as an affable Instagram-famous boss. The CEO answered 10 questions for Insider on a variety of topics, from business to life. Richard Handler has had a…
9 Large-Cap Dividend Stocks to Buy Now | Dividends | US News
Size matters when it comes to dividend stability. Though the stock market continues to ride high in 2021, some investors are anything but complacent – particularly after the Dow Jones Industrial Average suffered its worst day since October…
LB Kendricks sentenced in insider trading case
Free-agent linebacker Mychal Kendricks was sentenced Thursday to one day in jail, three years of probation and 300 hours of community service as a result of his 2018 guilty plea to insider trading charges. The sentence, handed down by Judge Gene…
What The Robinhood IPO Tells Us About Finance And Fintech
SOPA Images/LightRocket via Getty Images Next week the retail trading platform Robinhood will go public under the ticker ‘HOOD'. Robinhood's public offering will likely value it at over USD 35bn, and together with a recent fundraising round…
Tesla Superchargers estimated to make $25B+ in annual revenue when opened to other EVs
Elon Musk recently announced that Tesla is planning to open its Supercharger Network to other EVs later this year. Following the announcement, Goldman Sachs crunched the numbers and estimated that Tesla could make more than $25 billion in annual…
Kamil Raises $20 Million for Five-Senses Hotels: Travel Startup Funding This Week
This week, travel startups announced more than $710 million in funding. Concepts included Oyo's branded hospitality network, a Chinese hotel group that aims to appeal to its guests across all five senses, and a rewards app for low carbon travel.
Property Investors Bed Down in the Family Home
Wall Street firms are more eager than ever to buy family homes. If they snap up existing supply rather than help build new dwellings, they risk killing their latest golden goose. Last week, Blackstone's real-estate investment trust bought a…
London Lawyer Briefing: The Week of The U-Turn | Law.com International
With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that…
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