Remove Investment Banks Remove Leveraging Remove Performance Fees
article thumbnail

Aon Plc (AON) Q2 2023 Earnings Call Transcript

The Motley Fool

In response to client demand and the opportunity, we're evolving to an organization that drives efficiency, operating leverage, and margin expansion to one that's also increasingly driving improved client service delivery and accelerating innovation at scale. I know you had highlighted difficult comp on performance fees in the quarter.

Capital 100
article thumbnail

Transcript: David Layton

The Big Picture

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. Leverage levels have come down materially. You’re investing majority equity in most of the transactions that are occurring today. LAYTON: Leverage levels have changed.

Assets 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transcript: Dominique Mielle

The Big Picture

I wanted to see the world, and whether it was investment banking, or basket weaving really had absolutely no bearing on my decision. And these were real bankruptcies, led by a supply-demand imbalance, too much leverage and not enough demand for the products. I wanted a job that would take me away from Paris. MIELLE: Yes.

article thumbnail

Transcript: Mathieu Chabran

The Big Picture

So that was a while back, but nonetheless, I don’t know if it was love at first sight, but we got to get along pretty well, and after a few years working for investment banks, he then joined Goldman Sachs. I joined, effectively, Deutsche Bank. We decided to try to have a go on our own. We were 28, 30 respectively.

Banks 59