On Friday, in a move that is likely to reassure regulators, Deutsche Bank CEO Christian Sewing said, Deutsche Bank is willing to give up his role of overseeing the investment bank in the foreseeable future. Deutsche Bank, Germany’s biggest bank,… Read More ›
According to a source familiar with the matter at hand, private equity investor Thoma Bravo has hired an investment bank to raise funds for an initial public offering for a special purpose acquisition company (SPAC). The development marks one of… Read More ›
In a statement, the U.S. Department of Justice said, it has charged Daniel Kamensky, New York-based hedge fund Marble Ridge Capital LP’s founder, with pressuring a rival not to bid for assets related to Neiman Marcus’ bankruptcy so that he… Read More ›
Babej joined Citi in 2010 as its co-head having previously worked at investment bank Lazard and Deutsche Bank. On Thursday, in an internal memo Citigroup Inc stated, it has named Peter Babej, who currently is its current global head, as… Read More ›
The deal comes midst a stalking horse purchase agreement. In securities filing, Barneys New York Inc, a U.S. luxury department-store chain, stated it has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank… Read More ›
Edward Bramson is pushing the investment bank to undertake a strategic overhaul. On Monday, in a development that ratchets up the war of words between activist Edward Bramson with Barclays, Bramson made a fresh plea with Barclays’ investors to give… Read More ›
Its latest funding round included existing investors including investment firm Eurazeo, France’s state-owned investment bank Bpifrance and venture funds Kernel and Accel. Doctolib, a Franco-German startup which created an online booking platform for doctors stated, it has raised 150 million… Read More ›
Members of Goldman Sach’s derivatives and debt capital markets teams, working on German accounts, have been told to relocate to its offices in Frankfurt. According to two sources with knowledge of the matter, Goldman Sachs has put more than 2… Read More ›
The retail sector has been ravaged by changing consumer taste and a boom in internet shopping. On Friday, U.S. outdoor gear and outerwear retailer Eddie Bauer LLC, which is trying to struggling to manage its debts, hired investment banks to… Read More ›
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