Fri.Apr 05, 2024

article thumbnail

FDIC Proposes Limitations on Use of Non-Competes

JD Supra: Mergers

On March 21, 2024, the Federal Deposit Insurance Corporation (“FDIC”) issued its proposed Statement of Policy on Bank Merger Transactions (the “Proposal”) for public comment. The Proposal seeks to update guidance, last amended in 2008, on how it will evaluate bank merger transactions with respect to competition, financial resources, the convenience and needs of communities, financial stability, and money laundering.

Insurance 185
article thumbnail

New Questions on How a Key Agency Shared Inflation Data

The New York Times: Banking

A government economist had regular contact with “super users” in finance, records show, at a time when such information keenly interests investors.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lexology In-Depth - Acquisition And Leveraged Finance

JD Supra: Mergers

It was a muted start to the year for the acquisition and leveraged finance market due to a challenging macroeconomic climate. Interest rate hikes at one of the fastest paces on record, surging inflation (particularly in Europe, the United Kingdom and the United States), heightened geopolitical tensions and concerns over the prospect of a global recession have all continued to weigh on the market.

Finance 175
article thumbnail

‘Big Short’ investor Steve Eisman is betting big on infrastructure and here are his top picks

CNBC: Investing

The investor who called and profited from the subprime mortgage crisis grew fond of infrastructure companies on the back of increased government spending.

article thumbnail

Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

article thumbnail

Tips For Navigating Company Mergers And Acquisitions

JD Supra: Mergers

According to research from Harvard Business Review, the vast majority—between 70 and 90 percent—of mergers and acquisitions fail. Successful corporate transitions begin by anticipating potential challenges.

More Trending

article thumbnail

Titan Medical Merges with Conavi Medical

JD Supra: Mergers

Titan Medical Inc. (“Titan”) announced on March 18, 2024, that it is merging with Conavi Medical Inc. (“Conavi”). Titan is a medical technology licensing company based in Toronto with an extensive patent portfolio focusing on robotic assisted surgery.

Medical 165
article thumbnail

Bank of America says this chip stock is ready for its AI moment and to buy it before next week's event

CNBC: Investing

Marvell Technology will reap the benefits from artificial intelligence, Bank of America predicts.

Bank 93
article thumbnail

FDIC Proposes Bank Merger Policy Revisions: Our Key Takeaways

JD Supra: Mergers

On March 21, the Federal Deposit Insurance Corporation (FDIC) published for comment a proposal (Proposal) to revise its Statement of Policy on Bank Merger Transactions (SOP). If adopted as proposed, the Proposal would modify the SOP substantially, effectively creating an entirely new policy. At its heart, the SOP would establish, or clarify the application of, rigorous merger evaluation standards, addressing all the factors the FDIC must analyze in considering an application (including.

Mergers 159
article thumbnail

BlackRock says this is the 'last best opportunity' to buy these bonds

CNBC: Investing

Robust economic growth and stubborn inflation have kept bond yields high so far in 2024, but that may not last for the rest of the year.

article thumbnail

Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

article thumbnail

5 Essential Tips for Tailoring Your Diligence Plan to Secure R&W Insurance in Manufacturing Deals

JD Supra: Mergers

It is no secret that a representations and warranties (R&W) insurer’s underwriting focus is informed by industry-specific risks and claims experience. For manufacturing businesses, aligning the buyer’s diligence plan and the insurer’s expectations is especially important given the need for advance planning and logistical coordination.

article thumbnail

Jefferies selects Marex’s Joram Siegel for new head of fixed income outsourced trading

The TRADE

Jefferies has appointed Joram Siegel as managing director, head of fixed income outsourced trading. Siegel joins Jefferies from Marex, where he spent the last four months serving as head of fixed income outsourced trading. He joined Cowen as managing director for fixed income outsourcing in February 2022, transitioning to commodities specialist Marex as part of the sale of Cowen’s outsourced trading and prime brokerage business at the end of last year.

Trading 70
article thumbnail

Taking robust security over warranty and indemnity insurance policies

JD Supra: Mergers

This article addresses the legal and practical issues for lenders on leveraged buy-outs in relation to taking security over warranty and indemnity insurance policies. This article first appeared in the March issue of Butterworths Journal of International Banking and Financial Law.

Insurance 148
article thumbnail

These stocks were oversold during this week's sell-off and could be due for a bounce

CNBC: Investing

Watch these stocks that could be due for a rebound after the sell-off this week.

Stock 97
article thumbnail

How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

article thumbnail

Update: OCC Issues Notice of Proposed Rulemaking on Business Combinations

JD Supra: Mergers

The Office of the Comptroller of the Currency (“OCC”) recently sought comment on a proposed rule designed to increase the transparency of the standards applicable to the OCC’s review of business combinations (i.e., bank mergers, consolidations or the assumption of deposits) involving national banks and federal savings associations (the “NPRM”).

Business 114
article thumbnail

Citi says this chip stock is still its top AI pick, will overcome Taiwan earthquake disruption

CNBC: Investing

Citi is keeping its bullish stance on Micron Technology even as the memory chipmaker faces disruptions caused by this week's earthquake in Taiwan.

IT 74
article thumbnail

2024 Global Transportation & Logistics Industry Report

Benchmark International

The global freight & logistics market is forecast to grow to $18.69 billion by 2026 at a compound annual growth rate (CAGR) of 4.4%. Looking solely at logistics, the global logistics market is expected to reach $6.55 trillion by 2027, growing at a CAGR of 4.7% between 2022 and 2027. The freight & logistics market includes the sale of services by companies that transport goods and commodities via rail, air, roads, and water, using large vessels in the process of planning and executing the

article thumbnail

Kepler’s Ellipsis AM set to acquire Rothschild AM convertible bond business

The TRADE

Kepler Cheuvreux subsidiary Ellipsis Asset Management has moved to expand its capabilities in the convertible bond segment with the acquisition of Rothschild & Co’s business. The transaction is subject to regulatory approval. As part of the deal two Rothschild portfolio managers – Cristina Jarrin and Mikael Dauvert – will move to Ellipsis AM. Ellipsis AM’s convertible team currently comprises of four portfolio managers, with each one performing the role of trader alongside acting as portfoli

article thumbnail

Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

article thumbnail

Move over, 'Big Tech' — this strategist says 'old economy' industrial and energy names will win in 2024

CNBC: Investing

Strategist Larry Tentarelli sees undervalued sectors likely outperforming this year, naming some nondigital stocks among his top picks.

Stock 70
article thumbnail

6 New Paperbacks to Read This Week

The New York Times: Banking

Recommended reading from the Book Review, including titles by Isabella Hammad, Charles Frazier, Emily Flitter and more.

article thumbnail

Mastering Skills with Play: The Fusion of Gaming and Learning in Black Belt Gamification

Cisco: M&A

Welcome to the immersive world of gamified learning, where the addictive pull of mobile gaming and the interactive rewards system of apps like Duolingo are not just for play—they’re the driving force … Read more on Cisco Blogs

63
article thumbnail

Analysis-Women in UK finance earn a third less than male colleagues, data shows

Global Banking & Finance

Analysis-Women in UK finance earn a third less than male colleagues, data shows By Sinead Cruise and Carolyn Cohn LONDON (Reuters) – Some of Britain’s top financial firms pay women 28.

Finance 52
article thumbnail

How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

article thumbnail

It’s Time to Update Your Network Assurance Skills

Cisco: M&A

Do you want to improve your skillset in network assurance?

98
article thumbnail

Anthony Giorgio Featured in Chemical Week

TM Capital

TM Capital’s Anthony Giorgio was interviewed alongside a few other chemical industry participants for an article on M&A activity for ChemWeek! Read the full article The post Anthony Giorgio Featured in Chemical Week appeared first on TM Capital. Success. Realized.

M&A 52
article thumbnail

PCE Executes ESOP Transaction for Group Sales, Inc.

PCE

PCE Investment Bankers, Inc. (PCE), a leading financial services firm specializing in midmarket companies, is excited to announce the recent transition of 100% ownership of Group Sales, Inc. (“Group Sales”) into an Employee Stock Ownership Plan (“ESOP”). PCE served as the exclusive financial adviser to Group Sales.

Sale 52
article thumbnail

Retail Tech Deep-Dive: CAE Labs

Cisco: M&A

Join us as we dive deeper into Cisco and Cisco partner technology deployed at the Cisco Store!

Retail 73
article thumbnail

Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

article thumbnail

PATTISON Outdoor Increases Reach With Acquisition of Northern Ontario’s Premier Out-of-Home Company

Global Newswire by Notified: M&A

PATTISON Outdoor Advertising, a leader in Canadian Out-of-Home advertising, has acquired Outdoor Exposure, a prominent OOH advertising company.

article thumbnail

Is Wall Street too focused on league tables?

Financial Times - Banking

Comparisons between banks often miss the growth of new businesses driven by innovation

Bank 74
article thumbnail

Microsoft and Abboud Trading Corporation: Transforming Tech Distribution in Latin America

Global Banking & Finance

Microsoft and Abboud Trading Corporation: Transforming Tech Distribution in Latin America Microsoft and Abboud Trading Corporation (ATC), a leading master distributor of consumer electronics, have solidified a strategic partnership to enhance the accessibility and availability of Microsoft products across the Latin American region.