Mergers and Inquisitions

DECEMBER 4, 2024

My high-level summary would be: 1) Focus on Revenue Multiples – Many teams are not run efficiently and have low/negative cash flows and earnings, so revenue multiples are more common than EBITDA , P/E, or other valuation multiples. Also, different multiples may be applied to different revenue streams (see below).

Investment Banking 105

Investment Banking Bank Banking Investment 105

The TRADE

JANUARY 22, 2025

I spent the first 20 years of my career at the global bulge bracket banks, first in investment banking and then on the institutional equity desks, in a cross-asset and special situations role. There’s been a reopening in capital markets. It’s been busy. What has your journey to the trading desk been like?

Funds 59

Funds Capital Capital Market S&P 59

The Deal

AUGUST 15, 2023

’s Competition and Markets Authority continued review of its Activision Blizzard Inc. “Sony is probably the most likely company to go looking for a big publisher,” Neil Barbour of S&P Global Inc. ‘s (SPGI) Kagan said in an email. Bulge-bracket deal expectations may also be a factor.

S&P 52

S&P Bulge Bracket Entertainment Mergers and Acquisitions 52

The TRADE

OCTOBER 9, 2024

Markets are constantly challenging and that’s the key aspect to our role.” One of the newer members to the Ninety One team is Liam Hagan – formerly recognised as one of The TRADE’s Rising Stars of Trading and Execution in 2023. Markets have been tricky. Show me a time when they haven’t,” asserts Gibson.

Trading 59

Trading Bulge Bracket Asset Management Bank 59

Mergers and Inquisitions

FEBRUARY 28, 2024

And the credit rating agencies (S&P, Fitch, Moody’s, and Morningstar DBRS in distant 4 th place) specialize in fixed income research. The legal side is quite important because you must read the debt agreements to understand each issuance’s covenants and other terms. a credit rating vs. an investment recommendation).

Equities 59

Equities Asset Management Debt Recruitment 59

The TRADE

OCTOBER 24, 2024

Usually hosted by bulge bracket banks, SIs are an internalising mechanism that allow banks to execute flow over the counter or off exchange. The first ETF to launch in the US was the SPDR S&P 500 ETF (SPY) in 1993. TCA can be done in-house but is also offered by third party providers.

Trading 120

Trading Investors IT S&P 120

Cooley M&A

FEBRUARY 1, 2024

2023’s much-discussed downturn in mergers & acquisitions – with global M&A volume and value down 6% and 17%, respectively, from 2022 – was largely driven by the slowdown in the tech sector, with global tech M&A volumes down 51% year over year, while other sectors saw marked increases. [1] in 2022 to 5.9x

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59