The TRADE

JULY 14, 2023

Citi’s second quarter results have revealed a 13% decrease in markets revenues – following a strong Q2 last year – as both fixed income and equities saw a drop. Overall, the bank reported its net income for the second quarter of 2023 at $2.9 billion – in comparison to $4.5 billion in Q2 2022.

Investment Banking 52

Investment Banking Bank Banking Investment 52

Mergers and Inquisitions

MAY 8, 2024

Tragedies like this show that the culture in investment banking hasn’t changed that much, despite banks’ claims that they are “trying” to improve things. The “crazy hours” in investment banking are mostly unwarranted and reflect poor senior leadership, bad project management, and misplaced priorities.

Investment 111

Investment Investment Banking Bank Banking 111

Focus Investment Banking

JUNE 13, 2023

Compared to other medical fields like dentistry and dermatology, private equity involvement in orthopedic practices has been relatively small. PE investors are focused mainly on large, best-in-class practices with brand equity and solid reputations, as well as smaller add-ons.

Private Equity 52

Private Equity Equities Healthcare Medical 52

Growth Business

MAY 19, 2023

Top 20 angel investor networks Growth Business guide to angel investor networks Angel network Regions Investment size Sectors No. Top 20 angel investor networks Growth Business guide to angel investor networks Angel network Regions Investment size Sectors No. More on Equity Gap’s investment criteria here.

Investors 105

Investors Investment Funds Business 105

Focus Investment Banking

APRIL 14, 2024

bakery market has shown steady historical growth, with industry revenue rising roughly 4% annum from 2004 to 2022. General Mills acquired private equity-backed TNT Crust, a frozen pizza supplier, for $253 million. Many private equity firms have acquired bakeries and are pursuing companies to add to their platforms.

M&A 52

M&A Food Private Equity Manufacturing 52

Mergers and Inquisitions

JANUARY 31, 2024

As a notable example, here’s Pershing Square’s performance vs. the S&P 500 from 2004 through 2017: Yes, Pershing Square outperformed the S&P on an annualized basis over this entire period, but it also underperformed for multi-year periods! Read the filings, build a model, and make a long/short pitch”).

Funds 59

Funds Management S&P Recruitment 59

The TRADE

OCTOBER 9, 2024

The active investment manager specialises in emerging and frontier markets trading across fixed income, credit and specialist equities. Historically, investment banking and trading was fairly wild and there was a lack of control generally in terms of the way banks managed traders, P&L and risk,” he adds.

Trading 59

Trading Bulge Bracket Asset Management Bank 59