Skip to content
  
  

Zxcoachoutlet

Business

Menu
  • business
  • finance
  • insurance
  • money
  • personal

Tag: Solomon

Investment bank PJ Solomon lays off staffers in energy group

October 2, 2020
| No Comments
| business

By Jessica DiNapoli and David French

NEW YORK, Oct 2 (Reuters) – PJ Solomon LP laid off staffers in its energy group due to the slowdown in acquisitions and divestitures stemming from the COVID-19 pandemic and sinking oil prices, the U.S. investment bank said on Friday.

Oil and gas dealmaking has cratered this year as exploration companies focus on retaining cash amid low commodity prices and increased pressure from shareholders to boost returns. The value of transactions in the three months to June 30 was the third-lowest quarter since 2009, according to data firm Enverus.

PJ Solomon let go four employees, the equivalent of nearly a third of its Houston-based staff, who were tasked with helping investment bankers make recommendations on valuations of oil and gas assets, a person familiar with the matter said.

“On the investment banking side, we remain actively engaged with clients and will continue to

… Read More

Read More »

Posted in %1$s Tagged %1$s

Recent Posts

  • Barrett says George Floyd video was ‘very personal’ for her family
  • M1 Finance closes $45M Series C mere months after it raised its $33M Series B
  • The Wake Up for Wednesday, Oct. 14, 2020
  • Business Leaders from Finance, Technology, Retail and Hospitality Call For Civility and Patience Ahead of The 2020 Election | News
  • Personal Preparedness is a Year-Round Commitment and More Important Than Ever

Archives

  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020

Categories

  • business
  • finance
  • insurance
  • money
  • personal
January 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Oct    

Tags

Announces Bank Big billion Business Buy Car Company Coronavirus COVID19 deal Debate demand dollar finance Financial Global Group Growth Health Home insurance Investing Investors IPO Jobs Life Market Markets million money News Oil Pandemic personal Recovery report September shares Stimulus Stock stocks Talks Top Trump

About Us

  • Advertise Here
  • Contact Us
  • Privacy Policy
  • Sitemap

Hairstyle 2020 | All Rights Reserved.

Hairstyle theme by Flythemes