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A Capital Blow for Deducting Management Expenses

JD Supra: Mergers

The decision also confirms that once a company has decided in principle to dispose of a capital asset, any professional fees incurred afterwards in pursuance of that sale are likely to be capital and not deductible under CTA 2009 s 1219, even if a purchaser for that asset has not yet been identified and a specific sale transaction has not yet.

Capital 163
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UBS names new head of capital markets financing sales for Americas

The TRADE

UBS has appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE. Effective from 1 September, Salcedo will be based in New York, reporting to Dan Murphy, Americas head of franchise sales. As part of the role, he helped enhance Barclays’ custom baskets business.

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Sun Acquisitions Facilitates the Sale of Chain O’ Lakes Transportation to Strategic Acquirer

Sun Acquisitions

Sun Acquisitions, a prominent mergers and acquisitions firm in Chicago, is thrilled to announce the successful sale of Chain O’ Lakes Transportation, a provider of alternative transportation solutions, to strategic acquirer JW Chicago. JW currently operates similar transportation operations in the northeast.

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People Moves Monday: BNY Mellon, BlackRock, Tourmaline Partners and more…

The TRADE

BNY Mellon made two key senior managing director hires into its fixed income and equity sales and trading businesses. Gould joined BNY Mellon after three years at RBC Capital Markets where she previously served as co-head of equities electronic sales and trading.

Equities 119
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Sun Acquisitions Facilitates the Sale of Chain O’ Lakes Transportation to Individual Buyer

Sun Acquisitions

Chicago, IL — July 10, 2024 — Sun Acquisitions, a prominent mergers and acquisitions firm in Chicago, announced the successful sale of Chain O’ Lakes Transportation, a provider of alternative transportation solutions, to strategic acquirer JW Chicago.

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People Moves Monday: UBS, MEAG, Northern Trust Asset Management and more…

The TRADE

UBS appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE. Effective from 1 September, Salcedo will be based in New York, reporting to Dan Murphy, Americas head of franchise sales. MEAG appointed Lydia Malakis head of institutional sales at MEAG.

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FOCUS Investment Banking Represents SisTech Manufacturing in its Sale to LFM Capital

Focus Investment Banking

Since the Company’s founding in 2009, we are proud to have maintained our commitment to superior quality and customer service,” added Brad Kennedy, SisTech Founder and CEO. “We “We believe SisTech’s excellent production model and strong operational track record are truly differentiated in a fragmented market.