article thumbnail

The banks that loaned Musk $13B to buy Twitter might be having regrets

TechCrunch: M&A

X, the social network formerly known as Twitter, looks like a pretty bad investment right about now. As readers might recall, billionaire Elon Musk borrowed $13 billion from Morgan Stanley, Bank of America and five other major banks to help finance the $44 billion acquisition of Twitter, as it was then called.

Bank 354
article thumbnail

Sports Investment Banking: How to Win the Super Bowl and the World Cup in the Same Year

Mergers and Inquisitions

This partially explains why sports investment banking has become a hot field, with JP Morgan and Goldman Sachs launching their own sports coverage groups. For a long time, sports teams and franchises were not worth that much, so banks rarely put their “A-Teams” on these deals. What is Sports Investment Banking?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. Traditionally, banks gave away equity research reports for free to incentivize large clients to trade with the bank.

article thumbnail

Conor Miller Joins FOCUS Investment Banking as Managing Director

Focus Investment Banking

Washington, DC, (November 21, 2024) – FOCUS Investment Banking is pleased to announce the addition of Conor Miller as a Managing Director. Conor’s diverse industry expertise and leadership background make him a tremendous asset to our clients and the FOCUS team,” said Craig Ladkin, Managing Director at FOCUS Investment Banking.

article thumbnail

Truist gets boost from investment banking

American Banker - Investment Banking

The North Carolina-based company reported a surge in third-quarter investment banking and trading income, which rose nearly 80% from the year-ago quarter.

article thumbnail

Strategic Advisors in Global Markets: Your Partner in Investment Banking

MergersCorp M&A International

In this environment, MergersCorp Investment Banking stands out as a dedicated partner for businesses navigating the complexities of the global market. Leveraging a combination of strategic insight, industry expertise, and a global network, MergersCorp serves a diverse clientele, assisting them in making informed investment decisions.

article thumbnail

M&A Insights and Outlooks Regarding Financing: A Conversation with Gary Grote of Bridgepoint Investment Banking

JD Supra: Mergers

Below is his conversation with Gary Grote, Managing Director at Bridgepoint Investment Banking, which focuses on capital raising and M&A advisory solutions. Gary focuses on deals in the healthcare, leveraged finance, financial services, and real estate industries.

M&A 167