M & A wrap: Wall Street prepares to take big pay cut
As banks prepare to report fourth-quarter results and make final bonus decisions for 2011, total compensation is likely to be the lowest since 2008, when the financial crisis destroyed some firms and left many survivors on government life support, the WSJ reports.
The Deal Journal takes a look at earnings estimates for banks — How long can they go?
Energy executives expect dealmaking in the U.S. oil and gas sector to rise in 2012 or at least match last year’s brisk pace, a survey shows.
Three South Korean shipbuilders are considering a joint 1 billion euros ($1.3 billion) bid for a French engineering company to prevent a Chinese rival from challenging their domination of the global LNG carrier market, sources with direct knowledge of the matter said.
Instead of running auctions for artillery shells, harpoons and zen gardening kits, a faster way for EBay to enrich its owners would be to split off PayPal, Bloomberg says. “While EBay is worth $40 billion, separating PayPal, its online payments unit that is increasing sales twice as fast, would boost the combined value of the entities by as much as 30 percent,” according to data compiled by Huntington Asset Advisors and Bloomberg.