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Seasoned execs form CapStream Group, a different kind of investment bank

When it comes to investing in the middle market, there is "a lot of money looking for a finite number of de.....»»

Category: topSource: bizjournalsJun 13th, 2019

The Wall Street Journal: Goldman says 1MDB scandal could hit pay for top execs, including Lloyd Blankfein

The scandal around a corrupt Malaysian investment fund could cost former Goldman Sachs Group Inc. chief Lloyd Blankfein, and other Goldman executives, millions of dollars in pay, the bank said Friday......»»

Category: topSource: marketwatchFeb 1st, 2019

Credit Suisse would’ve had its best quarter in years if it weren’t for Archegos

Credit Suisse Group AG (NYSE:CS) (SWX:CSGN) CEO Thomas Gottstein says the loss the investment bank sustai.....»»

Category: blogSource: valuewalkApr 22nd, 2021

The Wall Street Journal: Goldman cuts CEO Solomon’s pay by $10 million over 1MDB scandal

Goldman Sachs Group Inc. slashed Chief Executive David Solomon’s 2020 pay by 36%, punishment for the bank’s admission last year that it broke U.S. laws in its dealings with an investment fund at the heart of a global corruption ring......»»

Category: topSource: marketwatchJan 26th, 2021

Imagination, BAIC Capital to form automotive chip JV

Imagination Technologies announced recently it has struck a deal with BAIC Capital, a Beijing-based investment unit of China's state-owned automaker BAIC Group, to initiate the establishment of an automotive fabless semiconductor company......»»

Category: topSource: digitimesMay 12th, 2020

Exclusive: Norwegian Cruise taps Goldman Sachs to explore stake sale - sources

Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in the company, people familiar with the matter said on Friday......»»

Category: topSource: reutersApr 17th, 2020

"We have a global money-printing orgy going on" so you should buy hard assets like gold, says former hedge fund manager

Thomson Reuters Michael Novogratz, former head of Fortress Investment Group and founder of cryptocurrency bank Galaxy Digital, said on Tuesday that there's a "global money-printing orgy going on" and people should buy assets like gold and.....»»

Category: topSource: businessinsiderApr 7th, 2020

Why this M&A firm chose Charlotte over Raleigh for its newest office

Generational Group, a middle-market investment bank, recently picked Charlotte over Raleigh for a new office. Here's why......»»

Category: topSource: bizjournalsMar 12th, 2020

Citigroup hires Loretta Ko to head financial institution group

Citigroup has hired Loretta Ko to return to the investment bank and head its financial institutions group (FIG) for Hong Kong, the bank said on Wednesday......»»

Category: topSource: reutersMar 11th, 2020

Marcus & Millichap team breaks off to form new brokerage

Commercial real estate broker Josh Feldman has left Marcus & Millichap Inc. (NYSE: MMI) after more than 14 years to launch a new firm specializing in investment sale properties in Greater Washington. Feldman, who had led The Feldman Group within the.....»»

Category: topSource: bizjournalsMar 6th, 2020

Dow Jones Newswires: RBS to be renamed NatWest Group and cut size of investment bank unit

Royal Bank of Scotland said Friday that it intends to rename itself as NatWest Group and reduce the size of its investment-banking business, as it reported an increased profit for the fourth quarter of 2019......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: RBS to be renamed NatWest Group and cut size of investment bank

Royal Bank of Scotland said Friday that it intends to rename itself as NatWest Group and reduce the size of its investment-banking business, as it reported an increased profit for the fourth quarter of 2019......»»

Category: topSource: marketwatchFeb 14th, 2020

Goldman Sachs misses profit expectations while revenue beats; stock slips

Shares of Goldman Sachs Group Inc. slipped 0.5% in premarket trading Wednesday, after the investment and consumer bank repor.....»»

Category: topSource: marketwatchJan 15th, 2020

Ex-Goldman Sachs banker pleads guilty in insider case

A Goldman Sachs Group Inc. investment banker ensnared in a global insider-trading ring pleaded guilty to conspiracy on Tuesday, admitting he passed confidential information stolen from the bank to a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 8th, 2020

Hedge Fund and Insider Trading News: Michael Novogratz, Two Sigma Investments, Mariner Investment Group, U.S. Bancorp (USB), Camden Property Trust (CPT), and More

How an Asset Manager and a Bank Revolutionized Impact Investing With Sustainability-Linked Credit Risk Transfer (Forbes) Any toddler can.....»»

Category: topSource: insidermonkeyNov 19th, 2019

Battle for Mediobanca: Italy"s richest man takes on seasoned CEO

One comes from a wealthy family, attended Milan's best schools and has spent all his career engineering mergers at Mediobanca , Italy's most influential investment bank......»»

Category: topSource: reutersNov 12th, 2019

UBS tightens investment banking belt as earnings slide continues

Swiss bank UBS is axing high-paying investment banking staff after a disappointing performance at the division prompted a 16% slide in third-quarter net profit and put the group's 2019 profit goals further out of reach. Francis Maguire reports......»»

Category: videoSource: reutersOct 22nd, 2019

UBS tightens investment banking belt as earnings slide continues

Swiss bank UBS is axing high-paying investment banking staff after a disappointing performance at the division prompted a 16% slide in third-quarter net profit and put the group's 2019 profit goals further out of reach......»»

Category: topSource: reutersOct 22nd, 2019

Barneys enters deal to sell assets to Authentic Brands, B. Riley for $271 million cash

U.S. luxury department-store chain Barneys New York Inc has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank B. Riley Financial Inc , according to a filing on Wednesday......»»

Category: topSource: reutersOct 17th, 2019

HSBC taps Lazard to sell French retail business: source

HSBC Holdings has hired U.S. investment bank Lazard Ltd to sell its French retail business, a source close to the matter told Reuters, as part of a plan by new interim chief executive Noel Quinn to reduce costs across the banking group......»»

Category: topSource: reutersOct 15th, 2019

Crave, Bank of America parcels in Maple Grove sell for $9.15M

The Bank of America and Crave restaurant buildings in Maple Grove have sold for $9.15 million.  Corona Del Mar, Calf.-based Hanley Investment Group Real Estate Advisors, which sent out the release, represented Davie, Fla.-based OneCorp in the sale t.....»»

Category: topSource: bizjournalsOct 8th, 2019