What came clear in some of the testimony was that when they were reprimanded, either they had failed to generate enough profit for the firm in a particular transaction, they hadn't generated enough revenue for the firm or they hadn't demonstrated that they were smarter than the guy on the other side of the trade.
His firm is paid per transaction, and during an economic downturn airlines and hotel chains will cut prices to keep filling seats and beds.
With the MSWM transaction the firm is planting its flag more firmly in the wealth management space while pulling back on riskier activities like trading.
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"I think, as an investor, you get a lot of comfort over having a prominent PE firm involved in the transaction, " said Jonathan Crane, chairman of KeyBanc Capital Markets Inc.
MacTaggart says the firm will only do a transaction if it can bring operational enhancement to the table.
The 2007 Vodafone deal was structured as a transaction between the firm's Dutch subsidiary and a Cayman Islands-based company that held Hutchison Whampoa's India assets.
Hugh Evans, a founder of real estate firm Partners Trust, represented the seller in the transaction.
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Goldman has unparalleled access to information about buyers and sellers when the firm is engaged by both parties in the same transaction.
This was a sophisticated organization with lots of transactional experience dealing with their law firm, and delving into the specifics of a transaction.
Donald Marron, chairman of PaineWebber, expects his company increasingly to charge individual investors according to the amount of assets they have given his firm to manage rather than on a fee for each transaction.
The transaction was thoroughly reviewed at the highest levels of the firm.
Despite the weekend news of Q-Cells sale, the Spanish firm announced a bid for the company, citing that the final transaction is subject for approval by creditors today.
These same junior Goldman bankers who pulled all-nighters doing the grunt work on the Archipelago-NYSE deal were also maneuvering the firm for a boost in the rankings of deal advisers related to the transaction, and gossiping over possible conflicts in advising both buyer and seller.
Royal Mail said that "preparations are now underway" for the firm's sale, adding that the "structure and timing of a transaction is a matter for the government".
The firm, which faces competition from other similar devices, said it will take a transaction fee of less than 3%.
Be clear that there are two distinct permissions needed from your employing firm when you intend to engage in an outside business and also in a private securities transaction.
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Chairman Stephen Poor took considerable professional risk changing the management of the firm, Henderson said, including breaking the process of filing a brief or negotiating a transaction into specific steps and examining how each might be done more efficiently.
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The transaction would be led by Dell founder and CEO Michael Dell and the private equity firm Silver Lake Partners.
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The firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services and retail and middle market financial services.
Research from my firm, MarketWatch Centre for Negotiation, found that negotiators lose a huge amount of the potential value in a transaction due to dishonesty, distrust, and lack of communication.
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