Tag:
Advisory Fees
Latest Headlines
Latest Headlines
Fee bonanza from Glencore-Xstrata deal
The Facebook deal has spawned saturation coverage from the media, but another deal has just been announced that will likely provide a comparable fee bonanza.
Glencore International, the world’s leading commodities trading firm, has agreed to buy Xstrata, a leading European mining company, in a
League tables will change if AT&T deal is nixed
When it comes to the Department of Justice's decision to contest the AT&T's agreement to buy T-Mobile, a lot is at stake in terms of the deal advisory league tables.
Bloomberg notes JP Morgan Chase "stands to lose its top spot among takeover advisers this year if AT&T isn't able to
Quattrone dazzles as old suit lingers
The return of Frank Quattrone as a deal maker has been nothing short of stupendous. He was driven into ostensible remission for years after the dotcom bubble imploded and after he was targeted by the Justice Department with perjury charges. But after he prevailed legally, he got back to business--
Google's deal for Motorola a bonanza for boutiques
You would have thought that Google's agreement to buy Motorola Mobility Holdings for $12.5 billion--a blockbuster by today's standards--would be great news for the top Wall Street banks. But at the likes of Goldman Sachs and Morgan Stanley, there isn't a lot of celebrating going on. Instead, it's
Bank mergers to kick up soon
For top Wall Street firms, one great hope for the year 2011 is the M&A market. Executives are counting on more deal activity to offset continuing revenue weakness in other areas, notably trading. So far, the great hope seems to be materializing. We've seen some big deals, and possibly some bid
JPMorgan's stunning AT&T coup
Wall Street is still whistling at the coup JPMorgan Chase ( NYSE: JPM ) pulled off with the AT&T-T-Mobile deal. No doubt the telecom bankers at Goldman Sachs ( NYSE: GS ) are gnashing their teeth.
JPMorgan was one of three advisers to the acquirer, along with Greenhill & Co. and E
JPMorgan beating Goldman in league tables
Lots of investment banks were hoping mergers and acquisitions would pick up, which would certainly help offset expected weakness in trading and/or consumer banking. We have suggested a better deal environment could in fact salvage the year for some banks. And from the looks of things, we're seeing
Perella Weinberg wins big on NYSE deal
So, who says boutiques are struggling? Perella Weinberg Partners "scored one of the biggest coups since the investment bank's founding five years ago by serving as the main financial adviser to NYSE Euronext on its planned merger with Deutsche Bourse ," Bloomberg rep
Mergers a bright spot for top banks
We've suggested previously that one of the few looming bright spots for Wall Street banks was the deal environment, which continues to look good. If we end up with another round of layoffs, we think deal makers might be somewhat safe given the likelihood of more deals. The pipeline seems to be cho
Move over Goldman Sachs?
When it comes to M&A advisory and investment banking, is their a new sheriff in town? It looks that way. Bloomberg notes that JPMorgan ( JPM ) has gotten the better of Goldman Sachs ( GS ) this year.
JPMorgan has raked in $1.26 billion in advisory fees in through September, beating
