McAlister, Ex-BAML CFO of Global PE, Joins PWC
Lisa Pavelka McAlister has joined PwC US as an MD in the firm's U.S. Capital Markets and Accounting Advisory Services group. She will manage PwC's services to PE and alternative investment companies. McAlister's previousy was SVP, COO and CFO of global private equity at Bank of America Merrill Lynch.
Merrill Lynch’s derivatives set sail for safe harbors
Over the last week, news outlets and bloggers have discussed Bank of America’s move to shift derivatives exposures from its Merrill Lynch unit to its deposit-taking, FDIC-insured bank....
“This is really getting nuts”
A fair summary of recent Bank of America events, from Gary Lynch, the bank’s top attorney.The quote is from this week’s Bloomberg Businessweek cover story, which...
BofA’s Merrill Lynch ETF
Warren Buffett’s Bank of America warrants are perilously close to out-of-the-money territory on Friday.Shares in everyone’s favourite lawsuit piñata were trading...
Luse Joins Jefferies Financial Sponsors Group
David Luse has joined Jefferies as an MD in the firm's financial sponsors IB group. He will be based in Los Angeles. Luse was previously with Bank of America Merrill Lynch where he was an MD. He most recently spent eight years at BofA in their financial sponsor group covering West Coast PE firms.
Market Turmoil Puts Damper on IPOs
(Reuters) - The latter part of the third quarter is shaping up to be a weak period for U.S. initial public offerings.
Market panic has scared many companies into postponing their IPOs, and lingering economic and political uncertainty raises the possibility that deals may not be revived at all this quarter.
“Given the current environment, we believe...
Deignan to Head BoA’s Americas Equity Capital Markets
Bank of America Merrill Lynch announced Monday that Mary Ann Deignan will join as managing director and head of Americas Equity Capital Markets. Beginning in August, Deignan will be responsible for equity and equity-linked capital markets, syndicate and corporate equity derivative activities in the region. Previously, Deignan spent seven years at UBS.
Banks Hired to Weigh Sale of Iceland Foods
UBS and Bank of America Merrill Lynch have been brought on to evaluate a possible sale of Landsbanki's majority stake in British frozen-food retailer Iceland Foods, Reuters reported. The Icelandic bank began seeking advisers for the 1 billion pound ($1.59 billion) -plus sale in January. It owns 67 percent, Reuters said.
PE Firms Take Partial Exit from Hertz
Private equity investors Clayton, Dubilier & Rice; The Carlyle Group and Bank of America Merrill Lynch sold a combined 50 million shares in Hertz Global Holdings Inc., about 24% of their holding in the company, Reuters reported. The partial exit by the company’s three top shareholders sent shares down 3% in after-market trading, Reuters reported....
Rocky Balboa
FT Alphaville was all set to work through the early morning examining the release of allegedly damning documents relating to the actions of Bank of America Merrill Lynch or its...
Rocky Balboa
FT Alphaville was all set to work through the early morning examining the release of allegedly damning documents relating to the actions of Bank of America Merrill Lynch or its...
Elasticity *alert* — or, at what point demand destruction?
Bank of America Merrill Lynch is out with a whopper of an oil note on Monday.Amongst other things, it makes a number of bold predictions, least of all this:Libya could well...
