Fri.Apr 05, 2024

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FDIC Proposes Limitations on Use of Non-Competes

JD Supra: Mergers

On March 21, 2024, the Federal Deposit Insurance Corporation (“FDIC”) issued its proposed Statement of Policy on Bank Merger Transactions (the “Proposal”) for public comment. The Proposal seeks to update guidance, last amended in 2008, on how it will evaluate bank merger transactions with respect to competition, financial resources, the convenience and needs of communities, financial stability, and money laundering.

Insurance 187
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‘Big Short’ investor Steve Eisman is betting big on infrastructure and here are his top picks

CNBC: Investing

The investor who called and profited from the subprime mortgage crisis grew fond of infrastructure companies on the back of increased government spending.

Investors 110
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Lexology In-Depth - Acquisition And Leveraged Finance

JD Supra: Mergers

It was a muted start to the year for the acquisition and leveraged finance market due to a challenging macroeconomic climate. Interest rate hikes at one of the fastest paces on record, surging inflation (particularly in Europe, the United Kingdom and the United States), heightened geopolitical tensions and concerns over the prospect of a global recession have all continued to weigh on the market.

Finance 177
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A market hedge if the S&P 500 decides to test the will of the bulls here

CNBC: Investing

The second quarter for U.S. equities is off to a rocky start. Is this the beginning of a pullback or just simply a bump in the road in this new bull market?

S&P 103
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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Tips For Navigating Company Mergers And Acquisitions

JD Supra: Mergers

According to research from Harvard Business Review, the vast majority—between 70 and 90 percent—of mergers and acquisitions fail. Successful corporate transitions begin by anticipating potential challenges.

More Trending

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Titan Medical Merges with Conavi Medical

JD Supra: Mergers

Titan Medical Inc. (“Titan”) announced on March 18, 2024, that it is merging with Conavi Medical Inc. (“Conavi”). Titan is a medical technology licensing company based in Toronto with an extensive patent portfolio focusing on robotic assisted surgery.

Medical 167
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New Questions on How a Key Agency Shared Inflation Data

The New York Times: Banking

A government economist had regular contact with “super users” in finance, records show, at a time when such information keenly interests investors.

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Six things to reflect on for creditors considering a share pledge enforcement

JD Supra: Mergers

In the current market, investors are increasingly considering their options in relation to the stressed and distressed credits in their portfolios. Whilst mindful of stakeholder relationships, secured lenders may, in some circumstances, wish to consider the "nuclear option": enforcing their share pledge over a holding company of the operating group (ideally, such pledge being over a single company which directly or indirectly holds the entire business - a "single point of enforcement").

Shares 167
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Bank of America says this chip stock is ready for its AI moment and to buy it before next week's event

CNBC: Investing

Marvell Technology will reap the benefits from artificial intelligence, Bank of America predicts.

Bank 113
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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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FDIC Proposes Bank Merger Policy Revisions: Our Key Takeaways

JD Supra: Mergers

On March 21, the Federal Deposit Insurance Corporation (FDIC) published for comment a proposal (Proposal) to revise its Statement of Policy on Bank Merger Transactions (SOP). If adopted as proposed, the Proposal would modify the SOP substantially, effectively creating an entirely new policy. At its heart, the SOP would establish, or clarify the application of, rigorous merger evaluation standards, addressing all the factors the FDIC must analyze in considering an application (including.

Mergers 161
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These stocks were oversold during this week's sell-off and could be due for a bounce

CNBC: Investing

Watch these stocks that could be due for a rebound after the sell-off this week.

Stock 112
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5 Essential Tips for Tailoring Your Diligence Plan to Secure R&W Insurance in Manufacturing Deals

JD Supra: Mergers

It is no secret that a representations and warranties (R&W) insurer’s underwriting focus is informed by industry-specific risks and claims experience. For manufacturing businesses, aligning the buyer’s diligence plan and the insurer’s expectations is especially important given the need for advance planning and logistical coordination.

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Jefferies selects Marex’s Joram Siegel for new head of fixed income outsourced trading

The TRADE

Jefferies has appointed Joram Siegel as managing director, head of fixed income outsourced trading. Siegel joins Jefferies from Marex, where he spent the last four months serving as head of fixed income outsourced trading. He joined Cowen as managing director for fixed income outsourcing in February 2022, transitioning to commodities specialist Marex as part of the sale of Cowen’s outsourced trading and prime brokerage business at the end of last year.

Trading 71
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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Taking robust security over warranty and indemnity insurance policies

JD Supra: Mergers

This article addresses the legal and practical issues for lenders on leveraged buy-outs in relation to taking security over warranty and indemnity insurance policies. This article first appeared in the March issue of Butterworths Journal of International Banking and Financial Law.

Insurance 149
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Citi says this chip stock is still its top AI pick, will overcome Taiwan earthquake disruption

CNBC: Investing

Citi is keeping its bullish stance on Micron Technology even as the memory chipmaker faces disruptions caused by this week's earthquake in Taiwan.

IT 87
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Update: OCC Issues Notice of Proposed Rulemaking on Business Combinations

JD Supra: Mergers

The Office of the Comptroller of the Currency (“OCC”) recently sought comment on a proposed rule designed to increase the transparency of the standards applicable to the OCC’s review of business combinations (i.e., bank mergers, consolidations or the assumption of deposits) involving national banks and federal savings associations (the “NPRM”).

Business 114
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2024 Global Transportation & Logistics Industry Report

Benchmark International

The global freight & logistics market is forecast to grow to $18.69 billion by 2026 at a compound annual growth rate (CAGR) of 4.4%. Looking solely at logistics, the global logistics market is expected to reach $6.55 trillion by 2027, growing at a CAGR of 4.7% between 2022 and 2027. The freight & logistics market includes the sale of services by companies that transport goods and commodities via rail, air, roads, and water, using large vessels in the process of planning and executing the

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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Founder’s Five: Rob Brodo, Advantexe

Tyton Partners

Founder’s Five is a continuing series from Tyton Partners that invites education company founders to shed light on their own success and illuminate the landscape for other education entrepreneurs and investors by answering five basic questions. Rob Brodo, and Joe and Jim Gekoski founded Advantexe in 2006 to improve the business acumen of client organizations.

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Kepler’s Ellipsis AM set to acquire Rothschild AM convertible bond business

The TRADE

Kepler Cheuvreux subsidiary Ellipsis Asset Management has moved to expand its capabilities in the convertible bond segment with the acquisition of Rothschild & Co’s business. The transaction is subject to regulatory approval. As part of the deal two Rothschild portfolio managers – Cristina Jarrin and Mikael Dauvert – will move to Ellipsis AM. Ellipsis AM’s convertible team currently comprises of four portfolio managers, with each one performing the role of trader alongside acting as portfoli

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It’s Time to Update Your Network Assurance Skills

Cisco: M&A

Do you want to improve your skillset in network assurance?

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Move over, 'Big Tech' — this strategist says 'old economy' industrial and energy names will win in 2024

CNBC: Investing

Strategist Larry Tentarelli sees undervalued sectors likely outperforming this year, naming some nondigital stocks among his top picks.

Stock 67
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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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Mastering Skills with Play: The Fusion of Gaming and Learning in Black Belt Gamification

Cisco: M&A

Welcome to the immersive world of gamified learning, where the addictive pull of mobile gaming and the interactive rewards system of apps like Duolingo are not just for play—they’re the driving force … Read more on Cisco Blogs

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Analysis-Women in UK finance earn a third less than male colleagues, data shows

Global Banking & Finance

Analysis-Women in UK finance earn a third less than male colleagues, data shows By Sinead Cruise and Carolyn Cohn LONDON (Reuters) – Some of Britain’s top financial firms pay women 28.

Finance 52
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Delaware Double Whammy Casts Doubt on M&A Practices

Cooley M&A

Delaware courts recently issued important decisions that impact M&A dealmakers and lawyers. In this post, we dive into two cases that serve as a reminder that Delaware grounds review of corporate actions in statutory requirements and not market practice, no matter how prevalent. In response, legislation to resolve the ambiguity created by these decisions has been approved by the influential Council of the Corporation Law Section of the Delaware State Bar Association and is expected to be int

M&A 52
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Anthony Giorgio Featured in Chemical Week

TM Capital

TM Capital’s Anthony Giorgio was interviewed alongside a few other chemical industry participants for an article on M&A activity for ChemWeek! Read the full article The post Anthony Giorgio Featured in Chemical Week appeared first on TM Capital. Success. Realized.

M&A 52
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Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

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PCE Executes ESOP Transaction for Group Sales, Inc.

PCE

PCE Investment Bankers, Inc. (PCE), a leading financial services firm specializing in midmarket companies, is excited to announce the recent transition of 100% ownership of Group Sales, Inc. (“Group Sales”) into an Employee Stock Ownership Plan (“ESOP”). PCE served as the exclusive financial adviser to Group Sales.

Sale 52
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6 New Paperbacks to Read This Week

The New York Times: Banking

Recommended reading from the Book Review, including titles by Isabella Hammad, Charles Frazier, Emily Flitter and more.

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Retail Tech Deep-Dive: CAE Labs

Cisco: M&A

Join us as we dive deeper into Cisco and Cisco partner technology deployed at the Cisco Store!

Retail 89