This Month
Suburban pub grub suits Westpac’s new CEO
Living in Sydney’s inner west makes Anthony Miller an outlier among big bank chiefs. The former investment banker is determined to make his firm stand out, too.
- Updated
- Lucas Baird
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.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- China
There is a better way to make billions from China
The sheer scale and prominence of China in the global supply chain means economic dynamics there can affect investments that don’t have direct exposure.
- Shuli Ren
TPG Capital weighs new options for Novotech’s future
Street Talk understands TPG is weighing up a bunch of complicated options for its $4 billion clinical research group.
- Sarah Thompson, Kanika Sood and Emma Rapaport
London Stock Exchange suffers biggest exodus since financial crisis
The main market is set for the fewest listings in 15 years, as the allure of New York grows despite planned UK reforms.
- Rafe Uddin, Marianna Giusti and Ian Smith
‘Rock star’ TPG co-founder dies, mourned by private equity leaders
David Bonderman once told his former boss that he did not know anything about investing. By the end of his life, he was considered a legend.
- Gillian Tan
Bain, GIC selldown at Judo Capital; Goldman Sachs launches block trade
Shares in the business bank have run up 124 per cent over the past year giving the pair an opportunity to sell.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Goldman Sachs inks $100m funding deal with special sits lender Keyview
The Sydney-based firm private credit operator borrowed the new loan against the assets of its $500 million flagship fund.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Trade wars
Trump tariffs ‘not too disruptive’, Goldman’s top economist predicts
He expects the US president-elect’s slug on imports will be smaller than threatened, but warns they would hit growth hard if fully implemented.
- John Kehoe
Dexus lobs bid for big super’s Aussie student apartment portfolio
Of note, Canadian giant Brookfield also participated in the first round but ultimately decided the asset wasn’t for it.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Victoria’s asset sale; MinRes’ gag request; Wesfarmers’ rates alert
Read everything that’s happened in the news so far today.
Jefferies head of hedge fund sales defects to Goldman Sachs
Street Talk understands Matthew Moffatt will soon pop up at Goldman Sachs as its new head of blocks and liquidity.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Chinese exporters race to dodge Trump’s tariffs
Sellers from China, Canada and Mexico are rushing to front-load shipments into the US before the levies rise.
- Joe Leahy, Tina Hu and Wenjie Ding
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.
- Jemima Whyte
November
SingPost schedules board meeting to anoint FMH winner; eyes on PEP
Sydney private equity firm Pacific Equity Partners is believed to be in pole position; however, the team has not yet secured exclusivity, according to sources with knowledge of the sale.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Singapore Power ‘pauses’ $5b-plus Jemena stake sale
GIP’s local dealmakers are understood to still be interested.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Goldman Sachs takes $1.4b hit on green battery investment
The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.
- Richard Milne and Harriet Agnew
- Analysis
- Trump's White House
Inside Musk’s first bitter fight with Trump
Scott Bessent prevailed as the top nominee for Treasury secretary after a fierce battle for influence inside the president-elect’s court.
- James Fontanella-Khan, Antoine Gara and Colby Smith
- Opinion
- Investing
Buffett’s $499b cash hoard is an early warning signal
The Berkshire Hathaway chief executive does not claim to be an expert at market predictions, but he knows when stocks are overpriced.
- Nir Kaissar
These junior bankers made a pitch to Goldman’s David Solomon – and won
The Australian crew beat more than 150 teams vying to impress the group’s chief executive and 30 global partners.
- Jemima Whyte