Cara Lombardo
@cararlombardo
Co-lead @WSJ's Wall Street team. Our relentless reporters cover the fun stuff: banks, private equity, hedge funds, M&A, IPOs, wealth, finreg, fintech & more.
ID: 3203314919
https://www.wsj.com/news/author/cara-lombardo 25-04-2015 03:10:26
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SCOOP with Jessica Toonkel: Media executive Edgar Bronfman Jr. is preparing a bid for Paramount Global and National Amusements that could come together in the coming days. He's talking to possible backers including Hollywood producer Steven Paul. $PARA wsj.com/business/media…
“We hire people who are winners in life,” the always modest Ken Griffin tells Peter Rudegeair. “Winners in finance is often not enough.” wsj.com/finance/invest…
Private-equity firms eager to pay their investors are returning to an old habit: loading up companies with risky debt. Laura Cooper wsj.com/finance/invest…
Private equity could soon own a piece of your favorite NFL team. Andrew Beaton Miriam Gottfried wsj.com/sports/footbal…
One of the popular windows for companies to go public is in the weeks following Labor Day. But probably not this year. Corrie Driebusch wsj.com/finance/stocks…
Scoop from Lauren Thomas: Goldman Sachs recently began its annual culling process and is expected to lay off over 1,300 workers by the end of the fall. $GS wsj.com/finance/bankin…
Big telco deal scoop with Jessica Toonkel: Verizon is in advanced talks to acquire Frontier Communications. $FYBR wsj.com/business/deals…
Not long ago, private-equity firms were on top of the world. Today, not so much. Laura Cooper wsj.com/finance/buyout…
an exclusive follow-up to my stories with Tom McGinty last year about failed bank execs selling shares ahead of the crisis. wsj.com/finance/regula…
JPMorgan is investigating thousands of incidents of possible check fraud committed as part of a TikTok craze and plans to share the evidence it gathers with police departments around the country. Scoop from alexander saeedy wsj.com/finance/bankin…
Scoop with Esther Fung: Norfolk Southern Chief Executive Alan Shaw is expected to depart the company as soon as this week amid a board investigation into an alleged relationship he had with an employee at the railroad. $NSC wsj.com/business/logis…
Goldman Sachs is anticipating a $400 million hit as it exits lending programs including its GM credit-card business. A big part of the issue: lax underwriting standards. Scoop from AnnaMaria Andriotis: wsj.com/finance/goldma…
Investors in hedge funds often pay high fees for mediocre returns. Now, many are demanding that change. Scoop from Peter Rudegeair: wsj.com/finance/invest…
JPMorgan and Bank of America are limiting and more closely tracking young bankers’ hours following a The Wall Street Journal investigation that detailed a dangerous culture of overwork on Wall Street. Another big scoop from alexander saeedy: wsj.com/finance/bankin…
New with Esther Fung: Norfolk Southern’s CEO Alan Shaw survived an activist attack that was seeking his ouster. Then rumblings started swirling about an affair. $NSC wsj.com/business/logis…