Deutsche Bank AG has found a willing partner in Goldman Sachs Group Inc. as the German lender tries to quickly offload billions of euros worth of unwanted assets. The U.S. bank bought securities with a notional value of about 40 billion pounds ($51 billion) from the...
Other top shareholders also want chairman to change but not immediately The desire for regime change has hardened since Deutsche abandoned merger talks with Commerzbank in April, these people said, scuppering the plans of Cerberus, which is Deutsche’s third-largest...
Bankers and lawyers are chasing more business from cash-rich private equity clients Dealmakers at Rothschild, Goldman Sachs, Kirkland & Ellis and Linklaters dominate a list of the top advisers to private equity companies in Europe at a time when bankers and lawyers...
The company will invest $400m from its own balance sheet and as employees’ commitments The US giant buyout group KKR has closed its €5.8bn flagship fund focused on transactions in western Europe. European Fund V, launched in February 2018 with an initial €5bn target,...
UNCERTAIN TIMES IN EUROPE PUT A DAMPER ON PE MULTIPLES Concerns around Europe’s economic outlook are among the factors behind a drop-off in European multiples over the past two quarters, bringing an end to a three-year run of rising valuations, according to... 