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Corporate Finance Jobs: Cozy Careers, But Bad “Plan B” Options

Mergers and Inquisitions

Corporate finance jobs at normal companies are bad … …if you’re using them to break into a deal-based field, such as investment banking , private equity , or venture capital , or as a “Plan B” if you interview around but do not get into one of these. In my view, corporate finance jobs are not ideal “stepping stone roles.”

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Santander creates two new global businesses for retail, consumer areas

Global Banking & Finance

Santander creates two new global businesses for retail, consumer areas By Jesús Aguado MADRID (Reuters) -Spain’s Santander is consolidating its retail, commercial and consumer activities across all markets under two new global businesses to help it improve performance and add customers, it said on Monday.

Retail 131
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British retailer John Lewis says turnaround delayed by two years

Global Banking & Finance

British retailer John Lewis says turnaround delayed by two years By James Davey LONDON (Reuters) -John Lewis Partnership’s turnaround will take two years longer than planned and cost more money, the British retailer warned on Thursday, as stubborn inflation and rising interest rates batter shoppers and store groups alike.

Retail 124
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UK mobile operator EE eyes growth with new retail platform

Global Banking & Finance

UK mobile operator EE eyes growth with new retail platform LONDON (Reuters) – EE, Britain’s biggest mobile operator, on Wednesday announced the launch of a sales platform called EE ID that will offer gaming consoles and other electronics to its customers and others.

Retail 126
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Digital assets and traditional finance: Can two parallel lanes converge?

The TRADE

As the introduction of digital assets become increasingly common, their influence on traditional finance is becoming more notable, blurring the line between two seemingly separate, and arguably parallel, financial instruments. In traditional finance, we’ve moved to shorter and shorter settlement times.

Finance 130
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Red Sea shipping workarounds add costs, delays for suppliers, retailers

Global Banking & Finance

Red Sea shipping workarounds add costs, delays for suppliers, retailers By Lisa Baertlein LOS ANGELES (Reuters) -Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other retailers is racing to reroute cargo away from the Suez Canal following militant attacks on vessels in the Red Sea.

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“Dumb Money” Review: A Worthy Addition to the Classic Finance Movie Roster?

Mergers and Inquisitions

In short, the media portrayed this event as a populist uprising against Wall Street, as retail investors on Reddit joined forces to bid up GameStop’s stock price while hedge fund Melvin Capital was heavily short the stock. The GameStop short squeeze “changed the industry” forever because hedge funds could no longer ignore retail investors.

Finance 105