Alibaba Group Holding Ltds desire to keep tight control over its $21.1 billion share sale has left a vacuum at the helm of its banking syndicate, leading underwriters to take unusual steps to manage the offering, according to sources familiar with the situation. Facebook Inc, for example, had Morgan Stanley in that role, while Twitter […]
NEW YORK/SAN FRANCISCO (Reuters) – Goldman Sachs Group Inc technology investment banker Anthony Noto, who helped orchestrate Twitter Inc’s successful IPO in November, is leaving and joining Coatue Management, according to a source familiar with the matter. Goldman said in a memo to employees that Noto is leaving the firm but did not mention his […]
Twitter Inc investors who heeded the advice of high-profile banks such as Goldman Sachs Group Inc and Deutsche Bank AG to buy the social media companys shares might be kicking themselves. Much more accurate calls were made by Wells Fargo, Atlantic Equities and Macquarie Research, whose analysts advised clients to get out of the high-flying […]
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