Search Results for: M&A
Rising number of carve-out deals providing legal opportunities
February 16th, 2017
Carve-outs are becoming more prominent as a way for corporates to unlock value from their non-core enterprises, currently accounting for 10 per cent of all M&A activity globally. Carve-outs are becoming more prominent as a way for corporates to ...
Deutsche Bank reports core capital ratio of 11.9% despite 2016 full year net loss of EUR 1.4 billion
February 3rd, 2017
John Cryan, CEO, said: “Our results for the year 2016 were heavily impacted by decisive management action taken to improve and modernise the bank, as well as by market turbulence for Deutsche Bank. We proved our resilience in a ...
Morgan Stanley reports Fourth Quarter Net Revenues of $9.0 Billion
January 17th, 2017
Morgan Stanley Reports Fourth Quarter and Full Year 2016: Fourth Quarter Net Revenues of $9.0 Billion and Earnings per Diluted Share of $0.81 Fourth Quarter Results Reflect Continued Strength in Sales and Trading and M&A Record Quarterly Wealth Management ...
Grant Thornton reports record global revenues
January 9th, 2017
Grant Thornton today announced total combined record global revenues of US$4.8bn for the financial year ended 30 September 2016. Revenues at Grant Thornton member firms grew 7.8% measured on a local currencies basis, and at 3.3% when measured in ...
Paysafe Group plc: Share Buyback Programme
December 20th, 2016
Paysafe Group plc (LSE: PAYS, the “Company”) today announces that it intends to commence an inaugural share buyback programme of up to £100 million (the “Programme”). The management of Paysafe, together with the Company’s Board, believe the current share ...
BDO reports Global revenues rise to US$7.6 billion
December 15th, 2016
FY16 global revenues up by 8% High number of strategic mergers – over 30 network-wide Commitment to digital transformation delivering leading-edge services to clients Growth spearheaded by BDO firms in US (+12%) and China (+13%) Long-term investment in ...
Emerging Payments Association Board strengthened by global industry leaders
December 13th, 2016
Payments leaders from Saxo Payments, Modulr, Global Risk Technologies, Bacs, and The Just Loans Group elected to join the ranks and widen the expertise of the Emerging Payments Association (EPA) Advisory Board to advance payments innovation The Emerging Payments ...
KPMG, Deloitte and EY turn into one-stop legal shops
December 9th, 2016
Legal practices in the big four accounting firms are gaining traction with a doubling in team sizes and a number of high-profile recruits as clients look for a one-stop shop. KPMG Law partner in charge David Morris said the ...
PwC Legal has opened an office in Singapore
December 7th, 2016
PricewaterhouseCoopers Legal (PwC Legal) has opened an office in Singapore, its first in the Asia-Pacific region, with the hires of partners Natalie Breen and Keith McGuire from Norton Rose Fulbright and Ashurst, respectively. The new office will focus on cross-border ...
Playtech commented on CySec’s and FCA’s proposals and announces Share Buyback Programme
December 6th, 2016
Playtech (LSE: PTEC) today announces a share buyback programme (the “Buyback Programme”) of up to €50 million. At its 2016 interim results in August, Playtech reiterated that it is cognisant of the need for an efficient balance sheet with ...
