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William Cohan

  • Saturday, 7 December, 2024
    On Wall StreetFinancial services
    An old strategy is being reinvented on Wall St

    A growing market for credit risk transfers is drawing a debate over potential hazards and benefits

    The American flags hangs on the facade of the New York Stock Exchange
  • Saturday, 31 August, 2024
    On Wall StreetProperty sector
    Creative destruction rips through US commercial property

    Sector shakeout is leading to pain for both equity and debtholders

    Attendees are reflected in mirrors during the grand opening of the One Vanderbilt observation deck in New York in October 2021
  • Saturday, 10 August, 2024
    On Wall StreetSpecial purpose acquisition companies
    Investors should beware a revival of Spacs

    With traditional IPOs have been far and few, so-called blank cheque companies have been seeking to fill the void

    Sir Richard Branson, founder of Virgin Galactic, poses for a photo outside the New York Stock Exchange as fireworks are exploded before his company’s IPO
  • Saturday, 13 July, 2024
    On Wall StreetLeveraged loans
    Excesses of cheap money era are provoking ‘creditor-on-creditor violence’

    Investors pay the price for flocking to so-called cov-lite leveraged loans with reckless abandon

    Sealy and Serta mattresses are displayed for sale with a sign in the foreground advertising 0% no-interest-for-24-months loans
  • Saturday, 18 May, 2024
    Markets
    How long can the good times keep rolling in markets?

    We should at least be alive to the risks of a reckoning

    David Einhorn, president of Greenlight Capital, speaks during a Bloomberg Television interview
  • Saturday, 23 March, 2024
    On Wall StreetUS banks
    The bank argument on the Basel III endgame is bunk

    What regulator could be against safer lenders at the heart of our financial system?

  • Friday, 23 February, 2024
    On Wall StreetInvestor activism
    What is the point of proxy fights?

    They are wildly expensive, extremely divisive and go on for too long. And even if you win, you lose

    The Disney store in Times Square, New York, US
  • Saturday, 27 January, 2024
    On Wall StreetJPMorgan Chase & Co
    JPMorgan vs Goldman: How Dimon’s bank gains from the confidence factor

    Investor and depositor faith instilled by powerhouse spread of business has helped lower cost of capital

    Montage of an image of Jamie Dimon and a JPMorgan signage
  • Saturday, 6 January, 2024
    On Wall StreetBitcoin
    Bitcoin ETFs miss the point

    Given existing options to gain listed exposure like MicroStrategy, the real problem is finding a use for the crypto assets

    Bitcoin
  • Saturday, 16 December, 2023
    On Wall StreetPrivate equity
    The deals that show how lucrative private equity can be

    3G’s acquisition of Burger King and the purchase of VMware have proved to be among the most profitable industry transactions

    The Burger King logo on a sign outside a restaurant near Paris, France
  • Friday, 24 November, 2023
    On Wall StreetSpecial purpose acquisition companies
    The Spac bubble and bust is one for the history books

    Collective amnesia is a reminder of the risks of investments offering an illusory prospect of easy wealth

    A scene from the film ‘House of Games’
  • Saturday, 21 October, 2023
    On Wall StreetCapital markets
    Some sanity is returning to bond markets

    We are at last returning to a world where risk and return can be priced in a more real way after the artificial era of cheap money

  • Saturday, 23 September, 2023
    On Wall StreetInvesting in funds
    The risks of money-market funds need careful watching

    If a financial tremor comes along, investors might flee to FDIC-guaranteed deposits

  • Saturday, 12 August, 2023
    On Wall StreetIPOs
    IPOs are back — but investors should keep their enthusiasm in check

    Investment bankers are slowly resurrecting the moribund market for initial public offerings

    People outside a large building with an American flag
  • Saturday, 15 July, 2023
    On Wall StreetUS & Canadian companies
    How much is it worth to retain a star CEO?

    New pay package for Disney’s Bob Iger is just the latest in a series of inducements for high-profile bosses

  • Saturday, 17 June, 2023
    On Wall StreetPrivate credit
    Apollo’s mission in finance

    Marc Rowan talks up the firm’s strategy that is challenging the traditional Wall Street powerhouses

    Marc Rowan, chief executive officer of Apollo Global Managemen
  • Saturday, 13 May, 2023
    On Wall StreetInvestment Banking
    The relative decline of the M&A banker

    The pay and prestige of deal advisers at the big firms have slipped

    Wall Street signage
  • Saturday, 25 March, 2023
    On Wall StreetPrivate equity
    Wall Street’s big shift raises case for a new regulatory stance

    Private investment groups such as Apollo, KKR and Blackstone are increasingly challenging traditional banks in the credit world

    A street sign for Wall Street outside the New York Stock Exchange
  • Saturday, 4 March, 2023
    On Wall StreetCorporate governance
    Time for US boards to step up

    Too many directors are failing to act as a much-needed check on imperial chief executives

    Sumner Redstone
  • Saturday, 4 February, 2023
    On Wall StreetGoldman Sachs
    How Goldman can regain its swagger

    The investment bank should consider buying a commercial bank such as Bank of New York Mellon

    David Solomon, chief executive of Goldman Sachs Group
  • Saturday, 21 January, 2023
    On Wall StreetMergers & Acquisitions
    Musk vs Arnault: the tale of two tycoons

    The takeovers of Tiffany and Twitter reveal vast differences between the businessmen

    Bernard Arnault in front of a Tiffany logo and Elon Musk in front of a Twitter logo
  • Saturday, 3 December, 2022
    On Wall StreetFinancial services
    Twitter should note: Making money from money is difficult

    The failings of Lehman and FTX should be a warning if the network is expanded to payments

    Former General Electric chief executive, the late Jack Welch, speaks during the World Business Forum in New York in October 2010
  • Thursday, 5 May, 2022
    FT Magazine
    How Rivian’s CEO became the anti-Elon

    The electric truckmaker’s RJ Scaringe isn’t using Musk’s playbook in his battle with Ford and Tesla

  • Thursday, 30 December, 2021
    ObituaryBear Stearns Cos Inc
    James Cayne, Bear Stearns chief, 1934-2021

    Wall Street executive and bridge fanatic who led the investment bank through many of its triumphs — and tragic mistakes

    James ‘Jimmy’ Cayne, former chairman and chief executive officer of Bear Stearns
  • Saturday, 2 October, 2021
    On Wall StreetUS banks
    Wall Street needs to be clearer on succession stakes

    Uncertainty at the top of two of the biggest banks in the world is not a good look

    A sign for Wall Street hangs in front of the New York Stock Exchange
Previous page You are on page 1 Next page

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