Meet Glencore’s IPO Bankers
In announcing its giant IPO, Glencore International also detailed the syndicate of nine banks that will handle the deal, including three of its lending banks and a fast-growing London boutique. Here are profiles of the deal makers.
Meet Credit Suisse’s Best-Paid Banker: Antonio Quintella
Credit Suisse's best-paid banker for 2010 was Brazilian emerging-markets expert Antonio Quintella, head of Americas and chief executive for Brazil whose compensation amounted to 15.6 million Swiss francs, or $17.2 million. By comparison, Brady Dougan, who has been chief executive since 2007, earned just 12.8 million francs.
Here Are the Wall Streeters on the Forbes Billionaire List
How does the world of finance stack up in the latest list of billionaires from Forbes? Well, among the record 1,210 billionaires on the 2011 roster are at least 10 hedge-fund managers and 10 private-equity titans.
The Big Deal That Got Away From Warren Buffett?
It was only Saturday when Warren Buffett wrote in his shareholders' letter that he was itching to make some big acquisitions and already he is talking about the one that got away.
J. Crew Buyout: Winners and Losers
Despite the criticism surrounding the $3 billion buyout of J. Crew, shareholders overwhelmingly voted in favor of the deal on Tuesday. So here are the winners and losers of the deal.
The Known Knowns and Known Unknowns of David Rubenstein
Speaking to a packed room at this year's SuperReturn conference in Berlin, Carlyle Group co-founder David Robenstein highlighted the known positive and negative issues affecting private equity as well as the uncertainties facing the industry. Here is his list.
Dealpolitik: Growing Up in Joe Flom’s World
Ron Barusch writes that the recently departed Joe Flom changed the way lawyers practiced law and changed clients' expectations about the lawyers they hired.
Here Is What People Are Saying About Buffett’s Letter
Warren Buffett has now issued his annual letter to shareholders, telling them that while the Omaha, Neb., company’s book value underperformed the Standard & Poor’s 500 stock-index for a second year in a row, he expects better things ahead.
Quotes and Quips From Warren Buffett’s Latest Letter
The annual letter that Warren Buffett pens to shareholders is looked to for as much as its investment acumen as its homespun aphorisms. Both reveal much about the company and the man himself. Here are a few of the best quotes from the latest offering:
Berkshire’s Jain Buys a $14.65 Million Manhattan Apartment
WSJ’s Craig Karmin reports today that Ajit Jain, who runs Berkshire Hathaway's highly profitable specialty reinsurance business, bought a 34th-floor four-bedroom apartment in Manhattan for $14.65 million.
Family Dollar: Get a Deal or Take a Discount
Family Dollar Stores exhibits all the hallmarks of a classic LBO candidate: steady cash flow, low levels of debt, operations that need improvement and an earnings-related stock dip. But can Nelson Peltz prevail? Or will another bidder take the day?
Goldman Ex-Chief John Whitehead: NYSE Deal Is ‘An Insult’
John Whitehead, the respected lion of Wall Street, said the proposed merger of the NYSE and Germany's Deutsche Borse is a "terrible idea."
