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Investment banks squabble over carbon footprint of underwriting deals

Financial Times - Banking

Working group votes on whether to exclude portion of underwriting deals from net zero targets, but critics see ‘double standards’

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Barclays details plans to revamp investment banking returns

Financial Times - Banking

Co-heads of British lender’s investment banking arm seek to reduce reliance on debt underwriting

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European leveraged finance: A whole new world

JD Supra: Mergers

Subdued M&A pipeline and cautious underwriting by banks limit buyout financing opportunities. But as the market adjusts to the “new normal”, rate and price stability offer hope for a brighter 2024. Rising interest rates have pushed up borrowing costs and constrained issuance activity. By: White & Case LLP

Finance 165
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Bulge Bracket Banks: 2024 Edition

Mergers and Inquisitions

I never expected to revisit the topic of bulge bracket banks so quickly because the full list changes slowly, and we updated it a few years ago. What is a “Bulge Bracket Bank”? The name “bulge bracket” (BB) comes from the prospectus for an IPO or debt issuance, which lists all the banks underwriting the deal.

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How Merchant Banks Help Businesses Grow and Succeed

Razorpay

Regular individuals have retail banks. Huge corporations have investment banks. The answer: Merchant banks. Merchant banks are a very important part of the financial ecosystem, since they support the largest chunk of businesses – the mid-sized ones. What is a Merchant Bank? billion).

Banking 52
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MergersCorp Launches Specialized Advisory Service for FINMA-Regulated Divestitures in Switzerland

MergersCorp M&A International

MergersCorp, a distinguished global advisory firm specializing in Investment Banking and cross-border Mergers and Acquisitions (M&A), today announced the launch of its highly specialized advisory service dedicated to the divestiture of businesses regulated by the Swiss Financial Market Supervisory Authority (FINMA).

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How the Growth of Private Credit is Impacting Private Equity

OfficeHours

Following the GFC, the government enacted new regulations that limited banks’ abilities to underwrite highly leveraged financing. Over time, private credit providers with greater financial flexibility stepped in to fill the void left by the banks’ retreat. However, this business can be risky for banks.