Edition:
United Kingdom

Anirban Sen

Goldman pledges 'concrete' expense target after profit decline

15 Jan 2020

Goldman Sachs Group Inc will set an expense target at its investor day later this month, management said on Wednesday, after the bank missed Wall Street profit expectations due to inflated costs.

Investoren ziehen nach WeWork-Debakel die Daumenschrauben an

15 Jan 2020

Bangalore/San Francisco Das Milliardendesaster um den amerikanischen Bürovermieter WeWork lässt Risikokapitalgeber vorsichtiger werden.

U.S. bank executives offer cautious optimism heading into 2020

14 Jan 2020

Despite trade wars, low interest rates and new geopolitical tensions, big U.S. banks have not experienced major disruption to their core businesses and top executives are hopeful they can generate growth this year.

JPMorgan posts record annual profit as bond trading rebounds

14 Jan 2020

JPMorgan Chase & Co posted its biggest-ever annual profit on Tuesday as its bond trading business bounced back in the last three months of the year, setting an upbeat tone for the big U.S. banks reporting this week. | Video

WeWork debacle has unicorn investors seeking cover

13 Jan 2020

BANGALORE/SAN FRANCISCO In the months since office-sharing startup WeWork's botched public debut, mid- and late-stage investors in big start-ups have been pushing for more safeguards in case their firms fail to go public or sell shares at a lower valuation than pre-IPO financing rounds.

Swelling U.S. IPO backlog points to crowded 2020 field

09 Dec 2019

More and more companies are putting plans for U.S. initial public offerings (IPO) on ice this year because of investor pushback against their valuations, creating a backlog that could make stock market debuts more challenging in 2020.

Exclusive: Impossible Foods eyes doubling valuation with new funding

25 Nov 2019

Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks with investors about a new round of fundraising that could more than double the $2 billion valuation it attained in May, according to people familiar with the matter.

RPT-SoftBank to go ahead with WeWork stock tender offer this week

25 Nov 2019

NEW YORK/BANGALORE, Nov 24 SoftBank Group Corp will this week launch a previously agreed tender offer for as much as $3 billion of WeWork shares, including up to $970 million owned by the office sharing company's cofounder Adam Neumann, two people familiar with the matter said.

SoftBank to go ahead with WeWork stock tender offer this week

24 Nov 2019

NEW YORK/BANGALORE SoftBank Group Corp will this week launch a previously agreed tender offer for as much as $3 billion of WeWork shares, including up to $970 million owned by the office sharing company's cofounder Adam Neumann, two people familiar with the matter said.

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