Breakingviews

Wall Street bids slow farewell to GE fee darling

April 13, 2015

The U.S. conglomerate has been the best corporate client for investment bankers since 2000, spending some $5.1 bln for assistance. Shrinking GE Capital will keep M&A dealmakers happy. The unit’s borrowing, however, is the biggest moneymaker. Much of that could now be at risk.

UK fee disclosure shows bankers rule the M&A roost

January 23, 2012

Buyers of UK-listed companies now have to come clean about how much they paid to bankers, lawyers and PR firms. It’s too early to say whether transparency will change behaviour. But one thing’s clear: when it comes to M&A fees, bankers grab almost all the spoils.

Would a new consumer agency ban ObamaCare?

October 15, 2009

The cost structure of the Baucus healthcare reform plan is reminiscent of a teaser-rate mortgage. The whole deal seems affordable at first -- but then costs skyrocket.