Search

The WL Ross merchant bank and American International Group are set to lead a group of institutions making the largest foreign direct equity investment ever in South Korea. It is [...]

Kroll O'Gara, the world's best-known corporate security group, is to split into three following a boardroom fight, failed takeover and profits plunge. The planned break-up represents a U-turn in a [...]

First, there is the indignity of it. Jules Kroll, father of the modern corporate security industry being forced to break up Kroll O'Gara, the company that he had spent years [...]

Dresdner Kleinwort Benson, the investment banking arm of Dresdner Bank, is to become more independently managed. Following the collapse of Dresdner's proposed merger with Deutsche Bank, Dresdner's board has agreed [...]

In the early afternoon of Tuesday April 4, the merger between Germany's Deutsche Bank and Dresdner Bank was hanging by a thread. The highest-ranking executives of Deutsche, Dresdner and Allianz, [...]

Rolf Breuer is coming under mounting pressure to step down as head of Deutsche Bank's management board following the collapse of the planned merger with Dresdner Bank. Several members of [...]

Yahoo!, the internet group, is planning to build up its own auction operations following the collapse of the company's on-off merger talks with eBay, the online auctions group. Jeff Mallett, [...]

Klaus Esser, head of Mannesmann, was last night working furiously to put together a consortium of German corporations and financial institutions to help support an initial public offering of the [...]

Klaus Esser, head of Mannesmann, was last night working furiously to put together a consortium of German corporations and financial institutions to help support a stock market flotation of the [...]

Klaus Esser, head of Mannesmann, was last night working furiously to put together a consortium of German corporations and financial institutions to help support a stock market flotation of the [...]

Dresdner Kleinwort Benson, the investment banking arm of Dresdner Bank, yesterday suffered its first significant walk-out since it announced it was being taken over by its rival, Deutsche Bank. The [...]

Donaldson Lukfin & Jenrette, the Wall Street investment bank, has lost two senior bankers from its highest-profile European industry practice. E-biscom.net will announce today that it has lured Jim Cantwell [...]

Rolf Breuer, Deutsche Bank chief executive, has been privately criticised by some senior colleagues over his handling of the proposed takeover of Dresdner Bank. In particular, Josef Ackermann, head of [...]

Thyssen Krupp will today present an improved takeover offer to Mannesmann's supervisory board for Atecs, the German group's automotive and engineering subsidiary. Thyssen is expected to offer more than Euros [...]

Deutsche Bank yesterday cut off its lines of business with Commerzbank in the derivatives and fixed income markets as a dispute exploded over the poaching of some of its Frankfurt-based [...]

Julian Robertson, an icon of the secretive world of hedge funds, is close to announcing the liquidation of his Tiger Management hedge fund group. The move follows two years of [...]

Thyssen Krupp, the German steel and engineering group, is seeking to calm the concerns of Atecs executives over its Euros 7.5bn (Dollars 7.15bn) offer to buy the automotive and engineering [...]

Bear Stearns, the US-based investment bank, has poached a senior Lazard banker to spearhead an aggressive new drive into European markets. The investment bank announced that it has appointed Jeremy [...]

Bear Stearns, the US-based investment bank, has poached a senior Lazard banker to spearhead an aggressive new drive into European markets. The bank will announce today that it has appointed [...]

Company advisers who stayed up late last night to watch the Oscar ceremony could get their own shot at stardom today if they are among the 300 investment bankers and [...]

The effort to create a new superpower in internet entertainment and commerce moved back into high gear with news that internet portal Yahoo! and eBay, the online auctioneer, had resumed [...]

The effort to create a new superpower in internet entertainment and commerce moved back into high gear with news that internet portal company Yahoo! and eBay, the online auctioneer, have [...]

The effort to create a new superpower in internet entertainment and commerce moved back into high gear with news that internet portal company Yahoo! and eBay, the online auctioneer, have [...]

For years, Wall Street has staged its own version of Waiting for Godot. Only in this tale, the Street has kept looking for Chase Manhattan to pull off its transformational [...]

Vodafone AirTouch, the telecoms group taking over Germany's Mannesmann, was last night considering an unsolicited offer from Thyssen Krupp for Mannesmann's automotive and engineering operation. Thyssen Krupp, a steel and [...]

Jack Levy, until the start of the week head of the mergers and acquisitions group at Merrill Lynch, has been poached by Goldman Sachs, one of the investment bank's arch [...]

Jack Levy, one of the best known merger and acquisition bankers on Wall Street, has resigned as global head of M&A at Merrill Lynch. Mr Levy's unexpected departure was announced [...]

Jack Levy, one of the best known merger and acquisition bankers on Wall Street, has unexpectedly resigned as global head of M&A at Merrill Lynch. Merrill, one of the world's [...]

Singer & Friedlander, one of the UK's few remaining independent investment banks, is in talks to sell its controlling stake in Carnegie, the Scandinavian stockbroker. Singer, well known in the [...]

Deutsche Bank may close Dresdner Bank's investment banking arm, Dresdner Kleinwort Benson, once it has control of its German rival. The move could lead to more than 6,000 investment bankers [...]

Allianz, Deutsche Bank and Dresdner Bank, Germany's leading financial institutions, are close to announcing a banking merger and three-way asset swap that will transform Europe's financial landscape. Tomorrow Deutsche and [...]

Deutsche Bank, Germany's largest bank, and its rival Dresdner Bank are believed to be in merger talks that could lead to the creation of world's biggest bank. The talks, while [...]

Lazard yesterday relaunched itself as the world's last remaining private global investment bank, following the merger of the three Lazard houses in New York, Paris and London. Senior executives at [...]

Deutsche Bank is hiring a dozen members of Credit Suisse First Boston's highly-prized asset-backed securitisation team in New York in a move that seems certain to be viewed as revenge [...]

Heidi Miller, one of the most powerful women on Wall Street, is stepping down as Citigroup's chief financial officer to join Priceline.com, the internet sales site. Her departure from the [...]

Carrie McCabe, one of the hedge fund industry's best-known names, is unexpectedly leaving Blackstone Group to start her own financial advisory firm. Blackstone announced last week that McCabe was stepping [...]

Citigroup, the financial conglomerate created by the Travelers-Citicorp merger, is revamping its management structure to bring greater order to its far-flung operations. In one of the first changes since Robert [...]

TheStreet.com, the online financial news company which has struggled with a slumping share price and uncertain business model, is hunting for a stronger partner. While the move is intended to [...]

Commerce One attracts Kimmitt Robert Kimmitt, former US ambassador to Germany, has been appointed vice-chairman and chief operating officer of Commerce One, the US business-to-business e-commerce company. Kimmitt's career has [...]

America Online and Time Warner are set to bolster the team of investment banks advising on their ground-breaking merger amid signals that Wall Street believes a rival bidder could yet [...]

In the Silicon Valley financial world, nearly everyone looks like they got dressed in a hurry. Colours clash. Collars cry out for starch. Ties are a thing of the past. [...]

One by one, the specialist investment banks that helped shape the Silicon Valley financial landscape have fallen into the clutches of bigger competitors with more capital. Hambrecht & Quist was [...]

Thomas Weisel Partners, the fast-growing technology-focused investment bank, has been approached by European banking groups interested in forming a strategic partnership. The European groups are keen to link with Weisel, [...]

Pfizer and Warner-Lambert are expected to announce the creation of the world's second largest pharmaceuticals group today through an Dollars 84bn (Pounds 51.2bn) agreed merger. Success for Pfizer in pulling [...]

If successful, the takeover of Mannesmann by Vodafone AirTouch is poised to generate the largest advisory fees bill of all time - at almost Dollars 1bn. In its offer document, [...]

Mannesmann was last night on the verge of capitulating to a Pounds 113bn takeover from UK wireless rival Vodafone AirTouch - a deal that would throw open the corporate doors [...]

Investment bankers are not a sentimental breed, but in years to come they are likely to look back at 1999 as one of the industry's golden years. All the leading [...]