Blackstone News

JULY 9, 2024

New York – July 9, 2024 – Blackstone (NYSE: BX) announced today that Tyler Dickson, formerly Global Head of Investment Banking and Vice Chair of Banking & International at Citi, will join Blackstone Credit & Insurance (“BXCI”) in a newly created role leading client relations for the group.

Mergers and Acquisitions 52

Mergers and Acquisitions Collateral Investment Banking Investment Banks 52

The Motley Fool

MAY 3, 2024

million investment banking transaction. Total revenues for the segment declined 21% to $82 million, driven by lower investment banking revenues and a 30% decline in non-cash MSR revenues from GSE lending. The other is that a lot of banks want to move collateral off of their balance sheets.

Debt 130

Debt Banks Assets Capital 130

The Motley Fool

APRIL 12, 2024

The rebound in Banking gained speed during the quarter, led by near-record levels of investment-grade debt issuance as improved market conditions enables issuers to pull forward activity. Our strong performance in both DCM and ECM drove Investment Banking revenue growth of 35% and overall banking revenue growth of 49%.

Banks 130

Banks Mergers and Acquisitions Assets Investment Banks 130

The Motley Fool

MAY 1, 2024

All this opens the door for the activities that big banks love, which is, they like to make money off of deposits, but when that equation is upside down and interest rates are high, they want to do this stuff. The trading investment banking activities have really stood out to me among all these big banks as a propellant for earnings.

Banks 130

Banks Leveraging Debt Assets 130

Pension Pulse

JULY 11, 2024

A broader worry is that while buyers’ hunger may be back for higher-quality companies, as shown by the uptick in investment-banking activity on Wall Street, the books of PE firms are stuffed with less attractive businesses snapped up at inflated prices. Some investors don’t want firms using such tools to flatter returns.

Buyout 59

Buyout Debt Leveraging Collateral 59

Pension Pulse

JULY 16, 2024

There are no signs of widespread losses on private loans among major pension funds, and the loans tend to be backed by significant collateral. But defaults are rising and as more loans go bad, pension funds that invest directly in private credit “will be put to the test with respect to their workout capabilities,” Ms.

Pension Funds 64

Pension Funds Buyout Assets Debt 64

The Motley Fool

OCTOBER 11, 2024

NII ex-markets was up $274 million or 1%, driven by the impact of balance sheet mix and securities reinvestment, higher revolving balances in card, and higher wholesale deposit balances, predominantly offset by lower deposit balances in banking and wealth management and deposit margin compression. NIR ex-markets was up $1.8 Expenses of $22.6

Banks 130

Banks Capital Assets Mergers and Acquisitions 130

The Motley Fool

JULY 14, 2023

Investment banking revenue of 1.5 Gross investment banking and markets revenue of 767 million was down 3% year on year, primarily driven by fewer large M&A deals. So, I think in terms of investment banking and markets, yeah, some -- you know, it's better than expected. Net charge-offs were 1.3

Banks 130

Banks Liabilities Capital Assets 130

Sara Grillo

MAY 8, 2023

This effectively collateralizes the cash value of the policy. The fair market value of the cap is what the carrier paid the investment bank to buy the 10% cap. With a home equity line to collateralized your house. Let’s supposed for a minute the cap is 10%. And that’s it.

Mutual Funds 59

Mutual Funds Collateral Taxes Leveraging 59

The Big Picture

AUGUST 8, 2022

Any kind, collateral, non-collateral. Now, deposit is very unique because deposits are unsecured debt to the bank. They don’t have collateral. Now does the FDIC even know how much risk they’re bearing 0 when all the assets are so encumbered that they’re all pledged as collateral? RITHOLTZ: Right.

Banks 82

Banks Debt Finance Financing 82

Pension Pulse

AUGUST 15, 2024

Our strategic decision to maintain currency exposure to the US dollar and other major currencies improved our net investment results across the portfolio by approximately 1.7%. Liquidity We continue to maintain ample liquidity, with $23.1 We also have the capacity to borrow an additional $1.9

Pension Funds 59

Pension Funds Assets Liabilities Portfolios 59

The Big Picture

MAY 23, 2023

GREW: So, I got a call and this one was ultimately from a recruiter who’s working for Lehman Brothers, an investment bank, a bond house. In part because I again benefited from being in the mix when we were the second bank that was raided by the Japanese regulators after they’d gone into Credit Suisse. RITHOLTZ: Uh-oh.

Hedge Funds 65

Hedge Funds Finance Financing Funds 65

The Big Picture

SEPTEMBER 26, 2023

00:19:57 [Speaker Changed] So collateralized loan obligation means that there’s some underlying asset which is used as your collateral, you then break that up into different securities and different tranches and out it goes. You know, the first quarter of 2022 things felt a little choppy. It, it, it was huge price declines.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

The Big Picture

JANUARY 24, 2023

It was between corporate law and investment banking. RITHOLTZ: So even back then, when it was the size that you could take a Christmas picture with everybody in one room at Goldman, they’re still doing investment banking. RITHOLTZ: Oh, really? KLINSKY: Yeah. They’re trading. They’re advising clients.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

The Big Picture

APRIL 25, 2023

HAMBURGER: They’re pulling your marketing collateral. He had experience working within, on the investment banking side, working for David Deveaux. HAMBURGER: Because it’s as simple as this. They’re pulling your form ADV disclosure statement. RITHOLTZ: Right. They’re pulling your client agreements, right?

Legal 65

Legal Law Firms Consultants Consulting 65

Pension Pulse

NOVEMBER 25, 2024

Last fall, the company invited investment banks to pitch for roles in an IPO that could have valued the battery maker at US$20 billion, the FT then reported. Northvolt will also have access to about US$145 million in cash collateral. “But it’s really difficult to scale up” various operations “all at the same time,” he said.

Pension Funds 59

Pension Funds Funds Finance Financing 59

The Motley Fool

JANUARY 27, 2025

We also closed a $525 million private ABS transaction that included significantly lower WACC collateral relative to our balance sheet at an execution of 102.3%. In terms of personal loans, we closed $950 million of sales in whole loan form at a blended execution of 105.5%.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Financial Services Assets 130

The Big Picture

MARCH 25, 2025

And I mean, obviously there was a massive disruption throughout society, but the tragedy that a lot of of lay people don’t know are really good people doing really good work get they’re the collateral damage from someone else’s screw Jim O’Shaughnessy : Up. Totally agree.

Asset Management 59

Asset Management Assets Finance Financing 59

The Big Picture

OCTOBER 3, 2023

You, you have much better collateral, you’ve got much better ability to securitize, you’ve got much better ability to close and transact. It’s a win for everyone. You know, we are going to get there, you know, there’s lots of natural antibodies to get there.

Taxes 112

Taxes Banks Capital Debt 112