Francine Way

JULY 20, 2017

The disadvantage is its narrowness in meaningful usage: it is only meaningful when used on businesses where tangible assets constitute the bulk of the enterprise value (such as an auto parts wholesaler / retailer) or when the assets are primarily cash or liquid assets (such as banks and financial service firms).

Valuation 130

Valuation M&A Business IT 130

The TRADE

SEPTEMBER 25, 2023

UK-based investment bank Peel Hunt appointed former head of electronic and program trading and sales at Numis Securities, Nishad Vallonthaiel, to head up its own electronic trading division. Also appointed to the electronic trading team at Peel Hunt alongside Vallonthaiel is Vinesh Chhaya, who joins the unit as a senior sales trader.

Sale 64

Sale Trading Electronics Bank 64

Viking Mergers & Acquisitions

MAY 9, 2023

He has navigated various challenges and changes in his career and emerged as a successful leader in the financial services and M&A industry. His friend’s father was a successful financial advisor and a great encouragement to Reed. This connection inspired him to pursue a career in financial services.

M&A 52

M&A Financial Services Business Broker 52

The TRADE

NOVEMBER 6, 2023

During his tenure, Vincent held various positions across Credit Suisse, most recently as head of AES sales trading, based in London. Stevens joined Aquis in 2021 and had previously held various senior roles across financial services and technology. Previously, Sbrocca held an emerging markets credit sales position at the firm.

Sale 64

Sale Equities Trading Electronics 64

The TRADE

NOVEMBER 15, 2023

David Lackenby has joined as head of event driven sales trading and Mark Brodie has been hired as an event driven sales trader. Brodie was employed by brokers BTIG and United First Partners, and investment banks Jefferies and Bear Stearns, prior to joining Citi. The new hires started this week.

Mergers and Acquisitions 52

Mergers and Acquisitions Trading Profitability Equities 52

The TRADE

OCTOBER 18, 2024

Dominic Rieb-Smith, managing director, international head, prime services sales, JP Morgan, refers to the past year as “a standout”. Data from Convergence tracking the top 25 prime brokers showed their market share grew from 83.3% in April 2023, to 92% in 2024. Those are the relatively commoditised parts of the business.

Funds 69

Funds Broker Bank Banking 69

Sica Fletcher

AUGUST 6, 2024

To begin, we need to start with a few definitions: Investment Banks: We use the colloquial meaning of “investment banks,” which often includes M&A advisory firms and other financial services firms that facilitate the growth and sale of insurance agencies around a possible sale.

Investment Banking 52

Investment Banking Insurance Bank Banking 52

The TRADE

JANUARY 3, 2024

The service provider landscape for outsourced trading is made up of an eclectic mix of firms. Boutique independents and the largest financial services providers co-exist in this burgeoning space which has some elements of comradery and others of fierce rivalry.

Trading 64

Trading Asset Management M&A Broker 64

Cooley M&A

DECEMBER 3, 2019

This is particularly advantageous for PE sellers looking to close end-of-life funds and distribute the proceeds from the sale to their investors as quickly as possible. The underwriting process can typically be completed in as little as one to two weeks (from engaging broker to binding the policy). Premium and Key Terms. Conclusion.

Insurance 40

Insurance Underwriting Mergers and Acquisitions M&A 40

Software Equity Group

AUGUST 20, 2024

The software offers features for PLM, sales order management, sourcing and logistics, warehouse management, financial management, and business intelligence. VeraCore develops software in the Business Management/ERP, Content & Workflow Management, Supply Chain Management product categories, and services the Manufacturing vertical.

Investment 52

Investment Management Acquisitions Business 52

The TRADE

DECEMBER 21, 2023

One of the greatest revelations across the financial services sector (and beyond) was that mantra of ‘we don’t have to do things the way we used to’ as office hours turned to hybrid work-from-home setups and video conferencing and instant messaging became the norm.

Trading 64

Trading Management Funds Asset Management 64

The TRADE

OCTOBER 24, 2024

Its black background and computerised white text might seem a little out of date to individuals outside of the industry but its role in the financial markets has cemented this interface as a poster child for financial services. In years gone by, buy-side firms have placed orders via a sell-side broker to be traded on exchange.

Trading 120

Trading Investors IT S&P 120

Growth Business

AUGUST 22, 2023

The group comprises of brokering firm Howden, underwriting agency DUAL, MGA and its data and analytics arm HX. Employees make up its largest shareholder group and in March 2022, the group acquired Italy’s largest insurance broker, Assiteca. #8 8 – Monzo Value: $4.5bn Founded: 2015 What do they do?

Insurance 52

Insurance Bank Banking Funds 52

Growth Business

OCTOBER 23, 2023

What he came up with was Acre, an all-in-one mortgage platform for brokers and their clients. Because mortgage brokers control 85 per cent of the market, Brown thought there had to be a way to speed up and simplify mortgage broking. My background was in systems engineering and software development, not necessarily in sales.

Corporation 64

Corporation Capital Investment Investors 64