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DealBreaker
Facebook Stock Is Underperforming In Imaginary Markets - DealBreaker
While the offering was oversubscribed at the initial price range, the decision to pitch it lower was made to secure a stable base of large institutional investors, according to a person close to the situation. A lower price would also help support ...
Banks Apparently Want To Do More Work And Take More Risk For No Money - DealBreaker
But they'd have no choice because: “Imagine what's going to happen when deal economics is getting decided by how good an underwriter's pre-deal research is,” said a senior lawyer at a Wall Street bank who asked not to be named.
Investors Want To Put All Their Run-Off-With-My-Money Risk In One Place - DealBreaker
“Moody's may simply speed up something that is going to happen anyway,” said one senior Wall Street executive who asked not to be named because he was not authorized to speak on the record. All very grim but also! That Fed survey is sort of boring in ...
More People Will Soon Have The Opportunity To Share David Einhorn's Insider ... - DealBreaker
s Merrill Lynch investment-banking unit, is alleged to have passed sensitive information to Mr. Einhorn, according to people familiar with the matter. The UK's Financial Services Authority is planning to fine Mr. Osborne £350000 pounds ($549674) for ...
For A Bank, Bank of America Has A Pretty Loose Definition Of The Word "Cash" - DealBreaker
... Levine Bank of America told senior bankers this week that the cash portion of investment-bank bonuses, the part that is payable immediately, will be paid 25% in cash and the rest in stock that vests immediately, said a person briefed on the matter.
Bonus Watch '12: Goldman Sachs, Morgan Stanley - DealBreaker
... according to a survey by FactSet Research Systems Inc. For the typical Goldman partner, pay for 2011, including base salary and bonus, is likely to range from $3 million to $6.5 million, according to people familiar with the matter. ...