San Blas Securities Launches M&A Division with Experienced Leadership
Discover how San Blas Securities strengthens its position with a new M&A division led by industry veteran Christian Wolford. Explore the implications for growth.
Jefferies to Acquire Stake in Hildene; Morgan Stanley Upgrades Rating
Jefferies Financial Group to acquire 50% stake in credit asset manager Hildene Capital, expects $75M pretax gain by Q3 2026. Morgan Stanley upgrades rating on capital market rebound prospects.
Bearish Sentiment Targets Macy's and CNA Financial; PJT Partners Worth Watching
Wall Street shows bearish price targets for Macy's and CNA Financial amid market volatility, while PJT Partners offers a noteworthy stock watch. Insights for insurance and financial sectors in 2025.
Institutional Investor Sells $621M Stake in UBS Amid Strong Share Performance
An institutional investor sold a $621 million stake in UBS Group AG through an overnight share placement arranged by Goldman Sachs, reflecting strong stock performance and investor demand.
Insurance Sector Poised for M&A Growth and IPOs in 2024
The insurance industry is expected to experience significant M&A activity and a revival of IPO opportunities in 2024 and beyond, driven by increased financial activities and a niche for surplus notes.