investment-banking
FinanceJPMorgan Earns Biggest-Ever Annual Profit as Investment Bankers Ride Rebound
FinanceDealmakers Eye $4 Trillion-Plus M&A Haul in 2025 on Trump Boost
BusinessDealmakers Eye $4 Trillion-Plus M&A Haul in 2025
InvestingDealmakers Eye $4 Trillion-Plus M&A Haul in 2025
Credit Agricole Names Olivier Gavalda as Its New CEO
Date: December 18, 2024
PARIS (Reuters) -Credit Agricole said on Tuesday it had appointed Olivier Gavalda as the French bank’s new CEO. The 61-year-old is set to replace Philippe Brassac, 65, who has led the France’s second-biggest listed bank for the last decade and reached the age limit for holding the role. Gavalda, who is currently one of Credit...
Italy’s Banca Akros Says It Handled Mps Stake Placement Properly
Date: December 16, 2024
MILAN (Reuters) – Banca Akros, the investment bank of Banco BPM, said on Monday it had acted “properly and transparently” in handling last month’s placement of a 15% stake in Monte dei Paschi on behalf of the Rome government. The Financial Times had reported in a story published on its website that UniCredit had been...
Mercer & Hole Appoints Menzies Llp Director of Corporate Finance
Date: December 13, 2024
Accountants Mercer & Hole has today announced the appointment of Kevin Paget. Kevin joins as Director and Head of Deal Advisory and brings with him a wealth of experience and knowledge, having worked in senior finance roles in industry across a variety of sectors in the UK and US. Since 2008, Kevin has focused his...
Banco Bpm Rebuffs UniCredit Bid, Saying It Undervalues Bank
Date: November 26, 2024
By Andrea Mandala, Valentina Za and Elvira Pollina MILAN (Reuters) -Italy’s Banco BPM on Tuesday rebuffed a 10 billion euro ($10.5 billion) unsolicited takeover offer by rival UniCredit, saying it undervalued the bank, tied its hands in strategic deals and created new risks for shareholders. BPM said the 0.5% premium offered was “unusual for such...
Swiss Bank Efg on Course for Record Profit, CEO Says
Date: November 20, 2024
ZURICH (Reuters) -EFG International is on course to beat last year’s net profit and record its most profitable year, the Swiss private bank’s Chief Executive Giorgio Pradelli said on Wednesday. The bank made a net profit “in excess” of 260 million Swiss francs ($294.18 million) in the first 10 months of 2024, compared with 303.2...
Medical Services Provider CareMax Files for Chapter 11 Restructuring
Date: November 18, 2024
HOUSTON (Reuters) – CareMax, which operates 56 medical centers in Florida, Texas, Tennessee and New York catering largely to older patients, filed for Chapter 11 bankruptcy in Texas on Sunday. The Miami-based firm listed debts of $693 million and assets of $390 million, according to a filing with U.S. Bankruptcy Court for the Northern District...