The Motley Fool

MAY 23, 2024

American Express: Trading around $242 a share American Express (NYSE: AXP) has long been a staple of Berkshire Hathaway's investment portfolio. The conglomerate first purchased shares in the early 1990s and has since held those shares for almost three decades, earning a 17x return and a consistent dividend.

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Pension Pulse

JULY 10, 2023

He was also based in New York, where he focused on North and South America transport and energy investments. Prior to OMERS, Crane worked in investment banking at UBS and Morgan Stanley. Before that, he was a field engineer for Swiss global engineering conglomerate Foster Wheeler. He holds a B.S.

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Pension Funds Conglomerates Assets Investment Banking 40

The Big Picture

APRIL 18, 2023

When he began, PE was a little bit of a niche boutique sort of investment, and over the ensuing 25 years, it has grown to be really a major asset class with giant opportunities that have been expressed by then small, now very large companies, of which Blackstone is one of the largest. It is an institutionalized asset class.

Private Equity Firms 64

Private Equity Firms Private Equity Firms Assets Finance 64

The Big Picture

FEBRUARY 28, 2023

They run over $135 billion in assets. David is on the global investment committee. I was actually running the Investment Banking Club at BYU, and you know, thought I was interested in that, interested in going to Wall Street. And I went to pitch this asset management guy on why he should come be a part of that process.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

The Big Picture

JANUARY 30, 2024

The pivot into digital asset management and Betterment was a little bit of a surprise, but a lot of the skills are very transferrable and she’s really done a, a, a substantial job at Betterment. Are these all run independently or are they run as part of a big conglomerate or a little bit of each?

Startups 59

Startups Public Companies Assets Companies 59

The Big Picture

JUNE 11, 2024

Did that, was the substantial purchase, a hundred plus billion dollars in 401k 00:17:03 [Speaker Changed] Assets. Investment banks, there’s two and a few others. But the brokerage houses, you know, Morgan and Merrill and the investment banks, multi-trillion dollars. That’s right. So they see a future.

Mergers and Acquisitions 64

Mergers and Acquisitions Consulting Consultants Taxes 64

The Big Picture

JANUARY 24, 2023

It was between corporate law and investment banking. KLINSKY: But I also just finished being the chairman of the private equity industry, something called the American Investment Council. KKR was the biggest with $400 million of assets and eight people. RITHOLTZ: What other lines of investment do you focus on?

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Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

The Motley Fool

JANUARY 19, 2025

See the 10 stocks Bank of America: Chasing the king JPMorgan Chase Berkshire has owned Bank of America (NYSE: BAC) for many years and it's the conglomerate's third-largest equity position, consuming 12% of the overall portfolio. Our analyst team just revealed what they believe are the 10 best stocks to buy right now.

Banks 246

Banks Investment Banking Investment Banks Conglomerates 246

The Motley Fool

JANUARY 3, 2025

trillion in assets stemming from a combination of basic consumer banking, wealth management, investment banking, credit card services, and more. And the usual valuation metrics say as much -- to the extent they can be calculated for this complicated conglomerate. That's JPMorgan Chase (NYSE: JPM) , which boasts $3.6

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Conglomerates Banks Stakes Investment Banks 245

The Motley Fool

JANUARY 11, 2025

To be sure, this wasn't simply out of the goodness of his heart; he made strategic investments that enriched Berkshire's shareholders. The investments included: Goldman Sachs: The investment bank that played a key role in the lead-up to 2008 received $5 billion from Berkshire in September of that year.

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Banks Conglomerates Shareholders Investment Banks 245

The Motley Fool

FEBRUARY 1, 2025

Net revenue was up 12% in 2024, driven by notable gains in commercial and investment banking, as well as in asset and wealth management. Competitive advantages Despite the intensely competitive nature of the banking industry, JPMorgan possesses some key competitive strengths that rivals can't easily replicate.

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Portfolios Banks Conglomerates Financial Services 130

The Motley Fool

DECEMBER 22, 2024

Still, it seems likely that it will rise back above the mark again, effectively making the conglomerate the tenth trillion-dollar company. JPMorgan Chase No banks have yet reached the $1 trillion market cap level, but JPMorgan Chase (NYSE: JPM) could become the first. Year to date, the bank is up 35%, and its market cap is $648.6

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Mergers and Acquisitions Banks Conglomerates Investment Banking 246

The Big Picture

APRIL 11, 2023

How important is it for a mature company to have a mature CEO to come in and maximize their assets? RITHOLTZ: So have we now gotten to the point where this sort of silliness is over, or are the venture capitalists and investment banks that bring these companies public, are they still playing that game? RITHOLTZ: Right.

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Education Finance Financing Taxes 119

Pension Pulse

NOVEMBER 22, 2024

prosecutors have also charged Gautam Adani , widely considered to be Asia’s second-richest man, and two other executives at a Indian green energy company that is part of a conglomerate he controls with several fraud-related charges in connection with the alleged scheme. In 2019, his company, Adani Green Energy Ltd.,

Securities and Exchange Commission (SEC) 59

Securities and Exchange Commission (SEC) Pension Funds New York Stock Exchange Stock Exchanges 59

The Motley Fool

JANUARY 22, 2025

Dylan Lewis: Bill, do you see an X-TikTok conglomerate like that? We have earnings out from JPMorgan, Morgan Stanley, Wells, Citi, Bank of America. If it's a bank, it probably reported in the past week. Commercial investment banking, pretty much everybody. Again, investment banking fees were big there, up 24%.

Banks 130

Banks Mutual Funds Stock Market Stock Market 130

The Big Picture

JANUARY 23, 2024

From the very first day that I joined, I turned down an offer from Hillary Clinton at the time, which, you know, my father’s a risk averse immigrant, so his two pieces of advice for to me were to work at Lehman Brothers for investment banking, good call, and to work for Hillary Clinton, not Barack Obama.

Startups 52

Startups Conglomerates Venture Capital Capital 52

The Big Picture

FEBRUARY 7, 2023

You know, GE Capital, you have to understand, like, investment banking was so hot then. COHAN: Everybody wanted to be an investment banker. I mean, investment bankers were rock stars, right? COHAN: — because, you know, there were 72 partners and 72 non-partners in the investment banking group, so very small.

Banks 103

Banks Mergers and Acquisitions Capital Companies 103

The Motley Fool

DECEMBER 26, 2024

of Jefferies' total revenue in the third quarter of 2024 stemmed from investment banking, which has especially enjoyed strong momentum this year. This move should lower the discount to net asset value of Liberty Live stock and leave Liberty Media focused on its motorsport businesses and related investments. Roughly 56.5%

Conglomerates 130

Conglomerates Investment Banking Investment Banks Financial Services 130

The Motley Fool

JANUARY 2, 2025

Over decades of building Berkshire Hathaway into the massive conglomerate it is today, Warren Buffett has become the most renowned investor in the world. Bank of America -- 11.3% of portfolio Buffett and Berkshire this year have sold tens of millions of shares in Bank of America (NYSE: BAC) , the second-largest bank in the U.S.

Due Diligence 246

Due Diligence Banks Debt Conglomerates 246