This Month
$127m and a private jet. Has Goldman Sachs chosen its next CEO?
Many on Wall Street regard John Waldron as heir apparent to David Solomon. But a coronation may lead to an exodus of talent.
After 43 years, local tech pioneer NetComm heads for the scrapheap
Modem maker NetComm Wireless was once a star of the local tech scene. But its Nasdaq-listed owner has filed for bankruptcy after a year of ownership.
Mum and dad investors saw right through Goodman Group
Existing shareholders of the ASX-giant were not enthused by its $400 million loyalty program.
Short sellers book $25b profit from Tesla’s share price plunge
The recent profits mark a partial reversal of what has been a painful trade in recent years, with many hedge funds forced to give up on their negative bets as losses mounted.
Endeavour chairman faces restive investors at private meetings
Ari Mervis was appointed executive chairman of the Dan Murphy’s operator after the company could not find a new chief executive. Some shareholders are unhappy.
Dexus Airport Fund raising to bid for 9.7pc of Melbourne, Launceston airports
Should DWAF’s bid be successful, it would be helping four investors – including two other Dexus-run funds – take money off the table.
Ex-Barclays boss Staley had sex with Epstein staffer
The evidence emerged in court as Jes Staley challenges the British financial regulator’s verdict that he downplayed his connection to late paedophile.
Future Fund set to buy into Transgrid amid hefty energy transition bill
Future Fund is preparing to invest in TransGrid at a time when it has faced pressure from the Labor government to consider three national priorities – housing, renewable energy and infrastructure.
This cafe owner took a gamble on flood insurance. She lost
The Insurance Council of Australia says nearly a quarter of homes in flood-prone areas don’t have appropriate insurance. Brisbane cafe owner Jacquie Tapsall says she could not afford it.
Now isn’t the time for boards ‘to play offence’: JPMorgan’s top banker
Jay Horine says there’s a “pause” inside boardrooms as directors try to work out what Donald Trump and tariffs mean for earnings, business strategies and outlook.
How a Trump energy darling got it so wrong
A disastrous IPO, disputes with major clients and disappointing inaugural results have burnt investors and raised doubts about Venture Global’s ability to deliver.
JPMorgan anoints new head of ECM; Jonas Troeber off to Hong Kong
JPMorgan has hired RBC Capital markets’ head of equity capital markets for the past decade, Justin Grimmond, as its new head of ECM Australia.
This ex-CEO is risking all to clear his name over Epstein
Former Barclays boss Jes Staley is contesting a ban by UK financial regulators in a case that will again reveal big names tied to the late paedophile.
February
What should you invest your super in right now?
After big gains in the equity market last year, the chances are your assets need to be rebalanced.
Project Macaroon: Krispy Kreme Australia sale on the cards
The North Carolina-headquartered multinational wants a new partner to own and operate its local business and drive growth.
Packer leads push to sell Australian super to the US
James Packer will play a leading role in a push by the $2.8 trillion superannuation sector to sell the success of the Australian pension savings system to the US.
JPMorgan, MS and RBC strong out of the gate with monster Goodman deal
The Goodman raising, the ASX’s sixth-largest ever and the bourse’s largest real estate deal, was done unsounded and with no wall crossings.
JPMorgan nabs $218m block trade in Aristocrat Leisure
More than 2.7 million shares in the gaming technology company traded hands at $79 per share.
‘I’ve had it’: JPMorgan’s Dimon rails against Gen Z
In an expletive-laden outburst, the CEO of America’s largest bank said that if “zoomers” did not want to come to the office for work, they should quit.
Investment banking grads survive AI test, for now
Local investment banks are adding graduate roles to firms, despite fears artificial intelligence will reduce the need for junior bankers.