Today
Barclays counts the cost of Epstein probe as CEO Staley departs
The abrupt exit of Barclays CEO Jes Staley in the wake of a regulatory probe into his past ties with Jeffrey Epstein shines a spotlight on the bank’s culture.
- Stephen Morris
Yesterday
Jes Staley exits abruptly as Barclays CEO amid Epstein probe
Staley’s surprise departure caps a tumultuous six years as boss of the British lender amid the shadow of the investigation into sex offender and socialite Jeffrey Epstein.
- Stefania Spezzati
Apollo Global poaches three senior CBA markets operatives
Apollo Global Management is understood to have pinched CBA’s global markets boss Anthony Hermann to run its credit strategy in the region.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
Ingenia raising $475m for Seachange Group acquisition
Ingenia Communities Group has tapped Goldman Sachs, Jarden and UBS to help it raise $475 million to acquire Seachange Group.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
Macquarie peppered with German lawsuits over dividend trades
Macquarie Group is facing an increasing barrage of European civil claims from wealthy investors allegedly dudded in the Cum-Ex dividend trading scheme.
- Michael Roddan
October
Banks, funds watch Glasgow for carbon market big bang
Investment bankers are not always the bleeding heart types to voluntarily tune into climate change talks, but there’s plenty of eyes on Glasgow this week knowing it could help drum up some lucrative new business.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
Macquarie doubles profit to $2b in bumper half
Macquarie Group will kick off a $1.5 billion capital raising to help cover the additional buffers slapped on the financial services giant by the regulator.
- Michael Roddan and Aleks Vickovich
Xpon Technologies taps Sequoia Financial for IPO
Marketing tech company Xpon is pitching investors this week for its upcoming IPO, expected to raise up to $12.5 million at a $60.7 million market capitalisation.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
Shaw and Partners bolsters research team
Phil Pepe and Kristian Stella are set to join Shaw and Partners equity research team.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
SG Lottery auction into day five, cornerstones in the dark
The silence is deafening at SG Lottery.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
Investment banks talk bonuses, promotions to cap off big year
Investment banks are making a motza from the M&A and capital markets deals boom, but bosses are trying to keep a lid on expectations for the upcoming promotions and bonus season.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
Rothschild snaps up ex-Lazard banker for resources deals
Rothschild & Co has recruited a new director for its natural resources investment banking at an extremely busy time for the firm in Australia.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
RBC poaches JPM analyst for consumer, e-commerce stocks
RBC Capital Markets has hired JPMorgan research analyst Wei-Weng Chen to cover Australian e-commerce and consumer sector stocks from its Sydney office.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
- Analysis
- Magellan Financial Group
Pressure is on for investment banks
This M&A boom, coupled with a rush of new entrants, has had some unexpected short-term consequences.
- Jemima Whyte
How Erin Tinker walked into the biggest M&A boom in a decade
The day before joining Barrenjoey, the new head of M&A Erin Tinker was given a quick heads-up: she was going to be on the deal team for the Sydney Airport defence.
- Jemima Whyte
Big deals: the kingmakers of the M&A boom
Australia’s top sharemarket investors give their perspective on the dealmaking boom and what it means for their investments.
- Updated
- Jonathan Shapiro
Busy Bees buys New Zealand’s Provincial for $NZ160 million
Ontario Teachers Pension plan-owned early childhood education provider Busy Bees has acquired New Zealand-based group Provincial Education.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
UBS hires four for equities research, global markets
UBS Australia has a new bank analyst, among other local hires.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
Liquor company Top Shelf raising $35 million
The largest distiller of whisky in Australia, Top Shelf International, is raising $35 million to build a distillery in Queensland.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
Goldman Sachs anoints metals and mining head for Australia, NZ
Goldman Sachs has appointed Melbourne-based banker Gavi Friedland to run its important metals and mining sector coverage team in Australia and New Zealand.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
