Iceland’s President has already resigned following the leak now dubbed as the ‘Panama Papers’. There is increasing pressure on Britain’s Prime Minister to come clean. During a TV interview, yesterday, British Prime Minister David Cameron acknowledged that he once had… Read More ›
Day: April 8, 2016
Hutchison ready to sell 30% of its capacity to soothe regulatory concerns
This M&A will be a litmus test for Margrethe Vestager, the European version of an antitrust commissioner. As per multiple sources familiar with the matter at hand, CK Hutchison Holdings has struck a network-sharing deal with Virgin Media and Sky… Read More ›
A vertical split is against shareholder’s interest – JPMorgan Chase & Co.
JPMorgan Chase & Co. has advised shareholders to vote against any proposal that proposes a splitting up of the bank, since an internal 2015 review had concluded that such a move would go against shareholder’s interest. JPMorgan Chase & Co… Read More ›
PacSun files for Chapter 11
Faced with increased competition from fast-fashion retailers as well as online rivals, PacSun has opted for bankruptcy protection. Pacific Sunwear of California Inc. (PacSun), a teen apparel, has succumbed to increased losses amongst fierce competition in the industry and will… Read More ›
Saudi Arabia and Egypt sign a $21.5 billion development deal
Egypt has struggled with discontent and poverty following the crackdown on the Muslim Brotherhood. Reuters has reported citing two Egyptian government sources that Saudi Arabia is all set to sign a $20 billion deal with Egypt so as to develop… Read More ›
What it’s like to work at Duff and Phelps
Working for a big firm within the corporate finance world can sometimes be intimidating. But at Duff & Phelps, the premier global valuation and corporate finance advisor, the culture, ambiance and results they offer can be truly enjoyable for all… Read More ›
Panama Papers Leak has Left Europe Reeling
While may be just a handful was aware of the Panamanian law firm Mossack Fonseca before the weekend fewer perhaps considered Panama a key global financial center. However the world’s financial and political leaders have been rocked by disclosures of… Read More ›
Traders say Global Copper Market Set to Shake up as China Plans to Export its Stockpile
The stockpiles of copper in China are near record highs and analysts are of the opinion that the country may be about to shock the global copper market by unleashing its stockpiles onto the global market. In the next few… Read More ›