Three weeks after the investment banking deal of the decade, Credit Suisse’s Australian staff are none the wiser about who will have a job at cross-town rival and acquirer UBS.
There’s no talk about compensation, rolling over shares and or any of the other things that quickly come up when a banker is properly in play. Investment banking boss Dragi Ristevski, well-regarded as a financial sponsors and industrials banker, has jumped back to Macquarie Capital where he worked more than a decade ago. He will run financial sponsors coverage for the Asia Pacific,Others have been lining up meetings with rivals, recruiters, clients and anywhere else they think they’ll be able to get a job. Because unfortunately for them, UBS is moving slowly and either disinterested or not in a position to move or both.
Now that Ristevski, well-liked within his team and someone his bankers would have rallied behind in the proposed CSFB spin-off, has left, everyone else has permission to do the same.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Corporations are jumping on the ‘bandwagon’ with new woke credit systemSky News contributor Joe Hildebrand says corporations are jumping on a cool, new “bandwagon” with the CEI score system that tracks LGBT equality. “I kind of think the trans community … are actually getting played by these corporates,” Mr Hildebrand told Sky News host Cory Bernardi. This alphabet bunch of misfits are eroding any sense of value in society. Boycott the lot of them!! Yeah GGF Clowns.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Opening night for Hoyts deal; $2.1b box office forecastCredit Suisse and Nomura have begun approaching private equity firms for what could be a $1 billion sale, with first round bids due in the first week of May. the swiss government could have fixed this last year instead of this hands off method
Source: FinancialReview - 🏆 2. / 90 Read more »
The technology that could replace credit cards and passwordsThe Melbourne man who invented mobile wireless EFTPOS in the 1990s, Daniel Elbaum, reckons this device will help stop identity theft. Agree with this “But Monash University cyber crime expert Professor Nigel Phair is sceptical that everyday consumers will accept carrying more hardware.” Small niche in the market where people’s mobiles are not trustworthy enough for MFA
Source: FinancialReview - 🏆 2. / 90 Read more »
Morgan Stanley, BoA canvass credit investors for Nickel IndustriesMorgan Stanley and Bank of America are teeing up investor calls for listed miner Nickel Industries’ debt capital markets trip, aiming to pull off what would be 2023’s first chunky corporate high-yield credit deal.
Source: FinancialReview - 🏆 2. / 90 Read more »
Hedge funds boost S&P short bets to decade highLarge speculators, mostly hedge funds, lifted their net short positions to their highest since November 2011, when the US’s sovereign credit rating was cut. joshcraigaus Bullish
Source: FinancialReview - 🏆 2. / 90 Read more »