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.
Bristlecone Value Partners LLC Makes New Investment in Bank of America Corporation $BAC
Bristlecone Value Partners LLC bought a new position in shares of Bank of America Corporation (NYSE:BAC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The…
Study about the future of AI gets pulled for containing too many hallucinations
Last October, KPMG, one of the 'Big Four' accounting firms in the world, released a study on AI that was titled, 'Total Experience: Redefining Excellence in the Age of Agentic AI.' The paper was about the ways companies have started using AI to…
What's next after Barrenjoey overthrows Magellan and takes the keys?
As the marriage between Barrenjoey Capital and Magellan Financial inches closer to consummation, the key question being asked is what's next for the combined group? Barrenjoey's leadership is busy finalising the structure of the group after what…
UBS sits by phone as Friday deadline passes for oOh!media offers
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.
Venture Global Inc. (VG) A Hot Stock to Buy That JPMorgan is Bullish On
Venture Global Inc. (NYSE: VG) is one of the best hot stocks to buy for June. On June 4, JPMorgan upgraded Venture Global Inc. (NYSE:VG) to an Overweight from a Neutral and raised the price target to $17 from $16. The investment bank expects the…
Southern Cross Electrical Engineering readies $165m raising
Electrical contractors are among fund managers' top picks, thanks to a flood of work coming in from data centres. Now, Southern Cross Electrical Engineering, capitalised at $1 billion on the ASX, is ready to make the most of this surge in interest.
Sharon AI fires up billion-dollar raising after Nvidia contract win
Nasdaq-listed Sharon AI has hired Goldman Sachs to raise about $1 billion across common stock and convertible debt, in a deal that will fund expenses relating to a new contract with Nvidia that was announced on Friday. Sharon's big-ticket investors…
Renewables developer Someva flaunts 2.9GW pipeline as data room opens
Last month, Street Talk reported that AGL Energy was divesting a stake in one of New South Wales' biggest wind farms – the 1.3 megawatt Pottinger project. Now, AGL's co-owner at Pottinger, Someva Renewables, is also on the hunt for a capital…
From 10% chance of success to $2 trillion market cap: SpaceX's historic IPO
SpaceX closed Friday with a market cap above $2 trillion, after Elon Musk said earlier in the day he originally gave the company less than a 10% chance to succeed. More than 500 million shares changed hands, and the debut left Alphabet with a stake…
No whey! Shortage fears as people want more and more high-protein products
Global consumers are increasingly seeking protein in their diets, leading to a surge in demand that the dairy industry is struggling to meet. Once primarily used by athletes and older adults in smoothies and shakes, whey protein concentrate…
Australia's other housing crisis: Insurance is becoming unaffordable
Bundaberg's town centre sits on a picturesque bend of the Burnett River, before it turns north and runs out to the Coral Sea. Six blocks in from the waterfront, a shopping area has been built on an old swamp along Saltwater Creek. This creates a…
Goldman says stocks like Nvidia have more room to run
Goldman Sachs named several stocks that are well positioned in the current market environment. The investment bank says companies like Samsara have defensive qualities while also offering plenty of upside. Other stocks rated buy at Goldman Sachs…
Deal off! Investors hold up red card for Sigma's mega UK M&A bet
It is game over for Sigma Healthcare's dreams of inking a company-changing acquisition in the United Kingdom. And like the Socceroos' chances of winning a medal in the FIFA World Cup, it was dead even before it had begun. According to several…
Epoch Investment Partners Inc. Decreases Position in Bank of America Corporation $BAC
Epoch Investment Partners Inc. decreased its holdings in Bank of America Corporation (NYSE:BAC) by 5.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,840,606…
The world wants more high-protein products, but there's not enough whey to go around
Global consumers want more protein in every bite, but the dairy industry is struggling to give it to them. Athletes and older adults have long used smoothies and shakes blended with whey protein concentrate – a powdered byproduct of…
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