Morgan Stanley Exclusive: New $500bn Tesla Valuation Explained
Tesla Inc.’s Dojo supercomputer has the potential to significantly boost the company’s market value, according to Morgan Stanley.
UBS Exclusive: Announces Hundreds to be Axed
UBS Group AG is reportedly cutting jobs in Asia’s wealth management sector in the low hundreds, months after its takeover of Credit Suisse.
Bridgepoint Exclusive: The $1bn Renewable Acquisition
On Wednesday, Bridgepoint Group announced the acquisition of Energy Capital Partners Holdings, an infrastructure investor, for an enterprise value of around $1 billion.
Goldman Sachs Boosts Leadership: Former BlackRock Exec Joins the Ranks
Goldman Sachs Asset Management has named Patrick O’Donnell as the global co-head of consultant relations. O’Donnell, a former BlackRock executive, joins as a managing director, alongside Lauren Oakes. The appointments reflect Goldman Sachs’ efforts to strengthen its consultant relations team and expand its expertise and market presence.
Brookfield Eyes $2.5 Billion Sale of Atlantis Resort in Bahamas
Brookfield Asset Management is currently exploring the possibility of selling Atlantis Paradise Island, a luxurious resort located in the Bahamas, according to a reliable source. The Toronto-based asset manager is collaborating with an advisor to generate interest in the property, and it is estimated that the resort could be sold for approximately $2.5 billion.
Morgan Stanley Exclusive: New US Debt Plan Revealed
Investment bank Morgan Stanley is encouraging investors to consider purchasing US sovereign debt amid concerns that markets may be too optimistic about the prospect of an economic slowdown.
UBS Exclusive: COO McDonagh Exits
Francesca McDonagh, the Chief Operating Officer of Credit Suisse, has decided to leave the company, according to an internal memo from CEO Ulrich Koerner.
Goldman Sachs: Employee Underperformance Plan | Explained
Goldman Sachs Group Inc. is planning for an annual round of job cuts for underperforming employees, scheduled to happen between late October and early November.
Moelis & Co: Leading the Clean Tech Investment Revolution?
Moelis & Co, a leading global investment bank, has announced the establishment of a dedicated investment banking team focused on the energy transition. The team will be led by Arash Nazhad, who recently joined Moelis & Co from Citigroup, alongside experienced Moelis banker Rick Polhemus. The Clean Technology Group will work closely with other teams […]
Barclays Exclusive: Job-Cut Plan Revealed
Barclays Plc is preparing to cut hundreds of jobs in an effort to decrease costs during slow market conditions.