Advising companies on M&A is one of the prestige roles in investment banking, generating both huge fees and headlines when a deal comes together
JPMorgan also benefited as it set aside less reserve provisions, compared with the first two quarters of the year
Ant is planning to list on Shanghai's STAR market & Hong Kong
Saudi Aramco, the world's most valuable listed company, will pay a dividend of $18.75 billion for the first three months of 2020.
(Reuters) - SoftBank Group <9984.T> offered nearly $10 billion on Monday to WeWork and its shareholders under a takeover plan that would keep the U.S. office-space sharing start-up afloat and lead to the exit of its Chairman Adam Neumann, sources said.
The funds will come directly from SoftBank, rather than its Vision Fund, according to a person familiar with the matter
The financing was included in a PG&E filing defending its exclusive right to move forward with a plan to exit the largest utility bankruptcy in US history
However, there are still significant hurdles in setting up shop in China
A prolonged shadow-banking crisis and hurdles in bankruptcy rules have left India holding the world's worst bad-debt pile
The plaintiffs alleged that bank representatives failed to meet financial deadlines for assets under their control and stock options were allowed to expire