Facing the Unknown: Mastering Business Risk Management
Facing the Unknown: Mastering Business Risk Management Read the Full Article Author: Isabelle Cella
IMI Corporate & Investment Banking meets Cattolica Investment Club
IMI Corporate & Investment Banking meets Cattolica Investment Club Today, we had the privilege of visiting IMI Corporate & Investment Banking (CIB) of Intesa Sanpaolo at their Milan headquarters. This exclusive event provided an in-depth look into the world of investment banking and financial markets, offering a unique opportunity to engage with industry professionals and gain valuable insights.Learning from Market ExpertsWe kicked off the visit with an introduction to IMI CIB’s role within Intesa Sanpaolo, followed by engaging discussions with senior professionals from key areas of equity trading, global market strategy, and structured products. They shared their expertise, presented real market cases, and provided a deeper understanding of the challenges and opportunities in today’s financial landscape.Practical Insights & NetworkingWe had the chance to analyze market scenarios and discuss strategic approaches…
Unicredit: A €10.1 Billion Public Exchange Offer for Banco BPM
Read Full Article Authors: Silvia De Santis, Maelyne Frydman
Alphabeth Inc. Company Report
Dive into the latest in-depth analysis of Alphabet Inc., crafted by our Corporate Finance division, packed with strategic insights you won’t want to miss!” Read Full Article Authors: Isabelle Cella, Riccardo Coti Zelati
NextEra Energy (NEE) – Investment Report
NextEra Energy (NEE) - Investment Report OVERVIEWNextEra Energy, Inc. (NYSE: NEE) is an American energy company and a global leader in renewable energy production, founded in 1925 as Florida Power & Light (FPL) and headquartered in Juno Beach, Florida. Initially serving as a traditional electric utility for Florida, the company has evolved into the world’s largest producer of wind and solar energy by leveraging advancements in clean energy technologies and strategically responding to the global energy transition. Its operations are divided into two primary subsidiaries: Florida Power & Light (FPL), which serves over 11 million residents in Florida, and NextEra Energy Resources (NEER), focused on developing renewable energy solutions across North America.NextEra Energy has demonstrated robust growth by capitalizing on the increasing demand for clean energy and grid modernization. The…
Analysis of the Global Automotive Industry and Market
Analysis of the Global Automotive Industry and Market INTRODUCTION The global automotive industry is undergoing significant transformations driven by technological advancements, shifting consumer preferences, and evolving regulatory landscapes. In 2024, the sector faces both challenges and opportunities as it navigates these changes. INDUSTRY OVERVIEW Global vehicle sales are projected to reach approximately 94.7 million units in 2024, marking a 3.3% growth compared to the previous year. This growth is influenced by factors such as interest rates and economic conditions. The transition towards electric vehicles (EVs) continues to accelerate, with manufacturers investing heavily in electrification and digitalisation to meet consumer demand and regulatory requirements. CURRENT STATE OF THE GLOBAL AUTOMOTIVE INDUSTRY Regional Highlights: China: maintains its position as the world’s largest automotive market, contributing over 30% of global vehicle sales. Europe:…
Cyberoo Company Report
Take a look at the latest company report created by the Corporate Finance division about Cyberoo. Cyberoo_Company_Report_CIC.pdf Download Authors: Giuseppe Caccamo & Riccardo Coti Zelati
Unicredit’s Bold Ambition: TAKING THE LEAD IN EUROPEAN BANKING
Unicredit’s Bold Ambition: TAKING THE LEAD IN EUROPEAN BANKING On September 11th, UniCredit acquired a 4.5% stake in Commerzbank after the German government sold 531.1 million shares, roughly 4.49% of its shareholding in Commerzbank, for about $750 million. The lender doubled its holding in Commerzbank and reached 9% of the shares.On September 23rd, Unicredit asked for approval to increase its stake in Commerzbank to 29.9%, as for the ECB it constitutes as a qualifying holding. Meanwhile, it entered into financial derivative contracts, specifically zero collar derivatives, covering about 11.5% of Commerzbank’s shares. Settlement of these derivatives, which would transfer actual shares to Unicredit, is conditional to obtaning the necessary regulatory approvals.Therefore, Unicredit’s current direct ownership stands at 9%, with the potential of incresing the stake up to 20.5% upon settlement…
TRUMP’S RETURN TO PRESIDENCY: IMPACTS ON THE STOCK MARKET AND ECONOMIC OUTLOOK
TRUMP’S RETURN TO PRESIDENCY: impacts on the stock market and economic outlook Donald Trump's return to presidency is a highly debated topic, with the markets reflecting both hope and apprehension. His presidency promises to bring drastic changes in economic policy, with key discussions around tax reforms, deregulation, and trade policy. All these factors are already influencing investor behavior and shaping market trends.After Trump's victory, the stock market had a noticeable rally as investors became relieved with the clarity of the election outcome and the anticipation of market-friendly policies. The S&P 500 reached a record high after the news, while the VIX went down, amidst the exciting expectations of tax cuts and deregulation.The Republican leader has long demonstrated his fascination with cryptocurrencies, and the leading crypto now stands close to the…
Secondary Buyouts
Secondary Buyouts It is worth analyzing one of the most common and controversial way in which a PE firm is able to exit from an investment that has been made during the life cycle of one of its Private Equity fund. Secondary buyout, also known as SBO, is a strategy that is increasingly used starting from 1996; in this particular exit strategy the PE firm sells a portfolio company to another PE firm. According to On Secondary Buyout 1, SBO exit strategy sharply increased starting from roughly 9% in 1996 to more than 40% in 2012. To present and explain why this type of exit is frequently seen as a possible manifestation of agency conflicts and opportunistic behaviors between GPs (General Partners) and LPs (Limited Partners), we can start from…