This Month
Barrenjoey tells staff to expect revenue bump as rivals circle
At least two rival investment banks said that they had recently held discussions with some of the local investment advisory and markets firm’s employees.
- Updated
- Jemima Whyte
October
Buyout firm Next Capital hires former Potentia dealmaker
After almost four years at the Tim Reed and Andy Gray-led Potentia, Ong left around the same time partner Andrew Joyce took his leave.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Reducing investment banker burnout is proving unrealistic
Moves to cap weekly hours for entry-level bankers butt against the reality of a competitive industry.
- Joshua Franklin, Suzi Ring and Ortenca Aliaj
September
Investment banks slash China growth forecasts as confidence wanes
Analysts are increasingly sceptical that Beijing will reach its 5 per cent economic growth target for 2024.
- Thomas Hale
August
Why CEOs working from home may be the new trend
Starbucks’ new boss Brian Niccol has decided to base himself in California rather than headquarters, dividing opinion among workplace experts.
- Michael O’Dwyer and Emma Jacobs
July
- Exclusive
- Venture capital
Rich Chinese investors join $1b hunt for Aussie VC funds
A fund manager for rich Chinese investors is trying to raise $100m for venture capital investments, joining a crowd of operators trying to raise over $1 billion.
- Yolanda Redrup and Paul Smith
Biden exit leaves markets asking what’s next for ‘Trump trade’
There is little historical data to use for a read on how markets will react. The last sitting president who did not seek a second term was Lyndon Johnson in 1968.
- Natalia Kniazhevich, Bre Bradham and Anya Andrianova
June
How this Australian banker thrived on Wall Street for 30 years
Queenslander Paul Compton, who started a job at Jamie Dimon’s JP Morgan in 2007, knows that the industry can be a rough ride.
- Matthew Cranston
A very British paper is forced to cover a scandal: its own
The discovery of $500 million missing from The Telegraph newspaper marks the end of the owners’ two decades of influence over British politics.
- Aaron Patrick
- Opinion
- Culture wars
Britain’s arts sector learns the cost of being too pure for finance
A bank and asset manager have withdrawn their sponsorship of music and book festivals in the UK after activists called for boycotts.
- Celia Walden
Global investors pull $60b from ESG funds
Sustainably focused equity funds suffered major cash outflows globally in 2024 because of poor performance and scandals, the first sustained exodus.
- Patrick Temple-West and Will Schmitt
May
Smart heads bet BHP’s Anglo American bid gets over finish line
The ball’s in Anglo American’s court, with BHP all but telling its target to “name your price, and we will see if we can match it”.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Barrenjoey up $21m and counting on Star
Wonders never cease at Star Entertainment. Still, at least someone is making money.
- Myriam Robin
France’s cognac exports to China could be hit like Australian wine
China opened an anti-dumping investigation into brandy imported from the EU in January, sparking fears cognac could suffer a similar blow to that taken by Australian wine.
- Emma Rumney
‘Twenty-five times salary’: Goldman scraps bonus cap for bankers
Goldman will allow star traders and deal makers to earn up to 25 times their salary. The bank is trying to make London more attractive to top bankers after Brexit.
- Eir Nolsoe and Michael Bow
April
BHP has UBS, Barclays in corner as it eyes mega Anglo American deal
Sources close to discussions said negotiations were at an early stage and other miners were interested in the London-based producer of platinum and copper.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Chipmaker resumes production as Taiwan begins quake recovery
TSMC, the leading producer of advanced chips for Apple and Nvidia, has restarted operations, less than 24 hours after evacuating staff and halting work.
- Debby Wu and Chien-Hua Wan
March
Blowout Reddit debut raises hopes of revival in dormant IPO market
A steady, sustained rise in activity would breathe life into the market for initial public offerings, which has been largely shut down since 2021.
- Jennifer Hughes
Murdoch’s News Corp eyes joint Telegraph bid with rivals
News Corp and the owner of the Daily Mail have held talks about a potential joint takeover of the Telegraph alongside the UAE-backed investment fund RedBird IMI.
- Alex Wickham and Jamie Nimmo
New Corrs HQ shows the power of Collins St
Corrs CEO Gavin MacLaren pays his lawyers like bankers. Now, the firm wants to work near them too.
- Mark Di Stefano