Strong demand for a €639m ($570m) exchangeable from Carlton Communications, the UK media company, has demonstrated there is still demand for equity-linked issues despite a flood of new bonds.

The Carlton bonds, which are convertible into shares in Thomson Multimedia (TMM), the French media group, rocketed 4% on their first day of trading, even after the company closed the books early, increased the issue size and priced it at the least attractive end of the range.

Carlton bond shows demand is still there for equity-linked issues

Michael Hoare

Deutsche Bank

Deutsche Bank promotes Buvat to lead new corporate private solutions business

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Citigroup hires UBS dealmaker Fremy to lead European transportation

Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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The largest U.S. crypto exchange’s revenue fell short of Wall Street expectations.

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The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

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America’s most powerful banker and the president have met twice in the past two months to talk about the economy, interest rates and trade.

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The London-based bank said it is well on its way to achieving the target of returning at least $8 billion to shareholders over the three years ending in 2026.

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Robinhood Second-Quarter Revenue Rose on Transaction Sales Growth

Work-to-party founder Adam Neumann liked to say he ran a tech company. WeWork’s new, postbankruptcy marketing chief is tasked with positioning the brand as an old-fashioned office space provider.

WeWork Wants You to Know It’s a Grown-Up Real-Estate Firm Now

Companies have long leaned on entry-level workers to do grunt work that doubles as on-the-job training. Now ChatGPT and other bots can do many of those chores.

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The shooter who killed four including Blackstone executive and NYPD officer left suicide note indicating he believed he had CTE from brain trauma, Adams says

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Homegrown names such as Laopu, Mao Geping and Songmont are winning over customers who are losing their taste for high-end Western brands.

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The pact imposes a baseline tariff of 15% on the U.S.’s biggest trading partner.

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Bosses aren’t just unapologetic about staff cuts. Many are touting shrinking head counts as accomplishments in the AI era.

CEOs Trumpet Smaller Workforces as a Sign of Corporate Health 

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Many in the Gen Z generation missed out on critical experiences during the pandemic. Bosses should be filling in those gaps.

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The lender forecast total income excluding notable items to exceed $21.61 billion as loan growth and structural hedges continue to mitigate the impact of interest-rate cuts.

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The president turned a rare visit to the U.S. central bank into political theater that included hard hats and a back slap.

Trump Says He Won’t Fire Powell Despite Bout of Bickering Over Renovation Costs

Company points out early progress on robotaxis and bots, as revenue from electric vehicles plummets.

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The leaders of America’s chip giants cheered the president’s artificial intelligence orders, which could help boost the domestic semiconductor industry.

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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CME Group’s second-quarter earnings and revenue rose sharply as the derivatives-exchange operator benefited from a surge in trading activity due to market volatility.

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Morgan Stanley’s Screening of Wealth-Management Clients Draws More Scrutiny

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Bosses Should Never Speak First, or Even Second, in a Meeting

U.S. stock futures pointed to a flat open after a mixed session on Wall Street Monday, while international equity markets were also mixed so far Tuesday as earnings season sweeps into full gear.

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‘All-In,’ which hosts cabinet secretaries and senators, is scheduled to have an appearance by President Trump at a conference Wednesday.

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Julius Baer Profit Falls on Higher Loan Provisions, Brazil Unit Sale

Julius Baer’s Net Profit Falls on Higher Loan Provisions, Brazil Unit Sale

The Stargate venture, unveiled at a White House event, is now setting the more modest goal of building a small data center by year-end.

SoftBank and OpenAI’s $500 Billion AI Project Struggles to Get Off Ground

It issued an alert about “active attacks” targeting its server software and urged customers to install new security updates that have been released.

Microsoft Alerts Firms to Server-Software Attack

The biopharmaceutical company said the investment includes plans for a new manufacturing center focused on chronic diseases.

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SS&C Technologies Holdings has struck a deal to buy funds network operator Calastone from private-equity firm Carlyle Group for roughly $1 billion.

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The U.S. Economy Is Regaining Its Swagger

The European Union still wants a deal, but with U.S. demands growing, the bloc is getting ready to push back.

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