A growing market for credit risk transfers is drawing a debate over potential hazards and benefits
Sector shakeout is leading to pain for both equity and debtholders
With traditional IPOs have been far and few, so-called blank cheque companies have been seeking to fill the void
Investors pay the price for flocking to so-called cov-lite leveraged loans with reckless abandon
We should at least be alive to the risks of a reckoning
What regulator could be against safer lenders at the heart of our financial system?
They are wildly expensive, extremely divisive and go on for too long. And even if you win, you lose
Investor and depositor faith instilled by powerhouse spread of business has helped lower cost of capital
Given existing options to gain listed exposure like MicroStrategy, the real problem is finding a use for the crypto assets
3G’s acquisition of Burger King and the purchase of VMware have proved to be among the most profitable industry transactions
Collective amnesia is a reminder of the risks of investments offering an illusory prospect of easy wealth
We are at last returning to a world where risk and return can be priced in a more real way after the artificial era of cheap money
If a financial tremor comes along, investors might flee to FDIC-guaranteed deposits
Investment bankers are slowly resurrecting the moribund market for initial public offerings
New pay package for Disney’s Bob Iger is just the latest in a series of inducements for high-profile bosses
Marc Rowan talks up the firm’s strategy that is challenging the traditional Wall Street powerhouses
The pay and prestige of deal advisers at the big firms have slipped
Private investment groups such as Apollo, KKR and Blackstone are increasingly challenging traditional banks in the credit world
Too many directors are failing to act as a much-needed check on imperial chief executives
The investment bank should consider buying a commercial bank such as Bank of New York Mellon
The takeovers of Tiffany and Twitter reveal vast differences between the businessmen
The failings of Lehman and FTX should be a warning if the network is expanded to payments
The electric truckmaker’s RJ Scaringe isn’t using Musk’s playbook in his battle with Ford and Tesla
Wall Street executive and bridge fanatic who led the investment bank through many of its triumphs — and tragic mistakes
Uncertainty at the top of two of the biggest banks in the world is not a good look