Today
Inside the art collections of our investment banks
Bulge-bracket finance firms are defying global trends and investing in fine artwork. How do their Australian offices look?
This Month
Sports shoe supply chain a pain point in Trump’s tariff war
The US lacks factories with the specialised equipment to make running shoes and workers with the knowhow to operate them, meaning higher prices for trainers.
March
Latitude calls in Barrenjoey to placate shareholder unrest
The company is the largest non-bank consumer lender across Australia and New Zealand and counts KKR, Deutsche Bank, Varde and Shinsei Bank as major investors.
February
The baffling (and little-known) WFH statistic
Businesses are tightening hybrid work rules, but working-from-home levels have so far barely budged.
January
Former JPMorgan ECM co-head to lead quant fund manager
The seasoned banker has joined boutique quantitative fund manager East Coast Capital Management as its chief executive.
Star’s lenders bring in gun restructuring lawyer as casino risks collapse
The decision to hire Nikki Smythe is understood to have been driven by Deutsche Bank, which is shaping up as a key player in deciding Star’s future.
New sector entrant doubles down on advisors for $3.5b Aveo sale
Then there’s the deep-pocketed capital partners, understood to include AustralianSuper, which will look to team up with the headline suitors later in the auction.
December 2024
JPMorgan leads ECM league table for first time in decades; Goldies sweeps M&A
While flashy M&A draws the eyeballs, 2024 has been a remarkable year for equity desks.
How to make it as an investment banking grad (from those who did)
Five investment banking graduates reveal what they wish they’d known when they began their careers as future dealmakers, analysts and sales traders.
November 2024
Star’s long-suffering lenders are starting to become very impatient
Of note, it comes as potential bidders start to appraise the potential of Star’s individual assets.
Start-up stars: what’s happened to tech’s Class of 2021
VC firms that wrote huge cheques on very generous valuations in 2021 are now nervously watching Australia’s most heavily backed start-ups. How are they going now?
October 2024
Why this global bank sees iron ore at $US130 next year
Fresh off a 5 per cent plunge in iron ore futures, new analysis from Deutsche Bank shows China’s stimulus package could rocket prices next year.
Ed Peter’s Duxton Pubs dangles 2025 IPO as it seeks $35m
Some parts of Peter’s South Australian business empire have come under pressure as investors get cold feet.
China’s stock rally for the ages shows power of crowds
It could take months until we know the real economic impact of Beijing’s latest stimulus round. But markets are not hanging around to find out.
September 2024
Jefferies sponsors, industrials star banker poached by rival firm
Griffiths’ rise was highlighted by this column’s Private equity’s hot shots: 20 dealmakers under 40 in December 2019.
Australia’s most powerful deal makers in 2024
If investors step up and hit the bid on those valuations, the market will see real momentum. If not, it will be the same painful conversation about dry powder next year.
August 2024
Jon Adgemis’ vintage yacht seeks buyers
The debt-laden baron is seeking a humbler life, without his 95-foot yacht Hiilani.
Hedge fund OCP Asia kicks can down the road at National Group
OCP has convinced National Group’s new senior lender line-up to make cash distributions to OCP, providing it hits hurdles on key financial metrics.
More exclusive than any restaurant: how top deal makers dine
Investment banks and law firms have fostered a thriving in-house dining scene where they can break bread away from prying eyes.
July 2024
Shares up as UK treasurer vows to ‘work hand-in-glove’ with business
The FTSE 250 touched its highest level since April 2022 as Sir Keir Starmer became prime minister, powered by a rally for home-building stocks and property companies.