By Megan Davies, Maiya Keidan (This October 12 story corrects spelling of PanAgora) NEW YORK/LONDON (Reuters) – A fund trading strategy that tracks hundreds of billions of dollars in assets and often gets blamed for exacerbating market selloffs is facing a challenge from the policy response to the pandemic. But […]
Investment
SkyView Adds Investment Bank and BD, Becoming One-Stop M&A Shop
Scott Wetzel’s SkyView Partners announced Monday that the company has acquired Manhattan Beach, Calif.-based investment bank Grand Avenue Capital Partners, a FINRA-registered broker/dealer, and brought in DeVoe & Company veteran Nick Arellano to run it. This gives SkyView, which has been able to display which shops are available for purchase via its Advisory […]
Credit Suisse Set to Hire Ex-BofA Investment Banker Meissner
(Bloomberg) — Credit Suisse Group AG is set to hire Christian Meissner, Bank of America Corp.’s former investment bank head, as it seeks to link up its richest customers with deals sourced by its securities unit. Load Error Meissner will co-head a newly created group connecting the bank’s wealthiest clients […]
Why First Republic Bank (FRC) Stock is a Compelling Investment Case
Ensemble Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 11.60% for the third quarter, outperforming its benchmark, the S&P 500 Index which returned 8.93% in the same quarter. You should check out Ensemble Fund’s top 5 […]
The Path Forward For European Investment Banking
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getty As we approach another earnings season, all eyes are likely to be on how European investment banks perform absent the banner trading revenues that powered them through the first half of the year. The return on equity for the top 9 global investment banks in 2019 was 10.1%, but […]
Goldman Names New Investment Banking Co-Heads in Australia
For a fresh perspective on the stories that matter for Australian business and politics, sign up for our new weekly newsletter. Goldman Sachs Group Inc. made a raft of new appointments to its leadership in Australia and New Zealand, including new co-heads for investment banking and a new chairman for the […]
Vanguard Adds Sprucegrove Investment Management as External Advisor
VALLEY FORGE, Pa., Oct. 9, 2020 /PRNewswire/ — Vanguard announced Sprucegrove Investment Management Ltd. (Sprucegrove) will be added to the firm’s distinguished roster of world-class active management expertise. Effective October 12, 2020, Sprucegrove will join Lazard Asset Management LLC and ARGA Investment Management, LP in overseeing the $9.8 billion Vanguard […]
Northern Arc structures and executes Nabsamruddhi Finance’s first PLI investment
Northern Arc Capital, a leading debt financing platform, announced on Monday that it has successfully structured and executed the first Pooled Loan Issuance (PLI) investment of Nabsamruddhi Finance worth ₹50 crore to five non-banking financial companies (NBFCs). Nabsamruddhi is a subsidiary of the National Bank for Agriculture and Rural Development […]
Europe 3C Digital Battery Market Top Companies, Business Growth & Investment Opportunities, Share and Forecasts 2030 | Impact of COVID-19 Pandemic
The MarketWatch News Department was not involved in the creation of this content. Sep 29, 2020 (AmericaNewsHour) — Around 45 percent of its vitality are being created in the European Union, while the remainder of the vitality which establishes around 55 percent is being imported starting at 2017. CRIFAX added […]
BancTrust & Co. Investment Bank Announces Multiple New Hires to Bolster London Global Markets Team
Press release content from PR Newswire. The AP news staff was not involved in its creation. https://apnews.com/press-release/pr-newswire/business-financial-services-banking-and-credit-investment-banking-and-brokerage-d5183d0305802dc90b40dfa6c301a280 Click to copy LONDON, Oct. 7, 2020 /PRNewswire/ — BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets boutique investment bank, is pleased to announce three new hires to its London Global […]
Global Returns Project Mixes Investment With Green Philanthropy
(Bloomberg) — You may not know it, but the savings sitting in your bank account are likely contributing to the climate crisis, since major financial institutions regularly extend financing to fossil-fuel companies and other polluting industries. But two former executives say they have found an easy way for you to redirect […]
CapLinked Announces New Investment Banking Clients
Press release content from Globe Newswire. The AP news staff was not involved in its creation. https://apnews.com/press-release/globe-newswire/technology-business-banking-and-credit-financial-services-investment-banking-and-brokerage-b2a6dc87c53e4e5ea293982d558de896 Click to copy LOS ANGELES, Oct. 07, 2020 (GLOBE NEWSWIRE) — CapLinked, Inc., a developer of cloud-based information control software, today announced the addition of new investment banking clients using its platform. Piper […]
Chinese investment bank CICC launches Shanghai offering
SHANGHAI, Oct 12 (Reuters) – Hong Kong-listed China International Capital Corp Ltd (CICC) said on Monday it will conduct price consultation with investors this week ahead of a Shanghai listing, as the Chinese investment bank seeks fresh capital for expansion. CICC plans to sell up to 458.59 million A-shares, or […]
Aavishkaar Capital becomes first investment adviser to get licence for GIFT City
The impact investment arm of the Aavishkaar Group has become the first investment adviser to get a licence to operate in the country’s first international financial services centre (IFSC) at Gujarat International Finance Tec-City, or GIFT City. Aavishkaar Capital has obtained this licence from the capital markets regulator Securities and […]
Goldman Names Aasem Khalil Head of LatAm Investment Banking
Goldman Sachs Group Inc. named Aasem Khalil head of investment banking for Latin America. Khalil will keep his role as head of the investment-banking division for the southern region and serves as a diversity champion for investment banking in the Americas, according to a memo seen by Bloomberg. He was […]
QETF best investment solution for passive investors: Expert
Doha: QETF, Qatar’s first conventional exchange traded fund (ETF), which is considered as transparent, liquid and low-cost investment product, can be one of the best investment solution for passive and risk averse investors, according to industry experts. The fund is managed by Aventicum Capital Management (Qatar) LLC, one of four […]
Abu Dhabi set to open first international investment office in Tel Aviv
The Abu Dhabi Investment Office (ADIO) has announced plans to open its first international office in Tel Aviv following the normalisation of relations between Israel and the UAE. The office will focus on facilitating connections between innovation-focused companies and organisations in Abu Dhabi and Israel, a statement carried by state […]
Citi announces speaker line-up for Australia’s largest Investment Conference
SYDNEY, Sept. 23, 2020 /PRNewswire/ — Australia’s Reserve Bank Governor Phil Lowe, Treasurer of Australia, Josh Frydenberg and APRA Chair Wayne Byres, are among the 50 speakers that will address Citi’s annual Australia and New Zealand Investment Conference in Sydney on October 14th and 15th. The two-day virtual event is […]
Silversmith Capital Partners Expands With Six New Investment Team Members
BOSTON–(BUSINESS WIRE)–Silversmith Capital Partners, a growth equity firm focused on supporting the best entrepreneurs in technology and healthcare, today announced the addition of six new team members to the firm. The firm welcomes Lauren Chan, Thomas Patek and Danielle Waldman as Vice Presidents, Graham Wagner as an Associate, and Daniel […]
What do Investment Bankers Really do?
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For those interested in a Wall Street career, there are a number of roles that could be of interest, including trader, analyst, and investment banker. Many want to be investment bankers, drawn by the high-profile and handsome salaries these jobs offer. So what do investment bankers do? What Investment Bankers Do […]