
Luigi de Vecchi to Join Evercore's European Advisory Practice
Mr. de Vecchi brings over 35 years of investment banking experience to Evercore and has advised on some of Europe and Italy's largest and most high-profile transactions. At Evercore, he will spearhead the buildout of the firm's presence in Italy, and Europe more broadly. He will work in close partnership with Evercore's existing team in Paris, focusing on the firm's large European and global strategic clients.
"I am delighted to join Evercore and collaborate with such a talented group of like-minded, exceptional professionals. I am eager to contribute to the firm's ambitious growth plans in Europe and beyond," said Mr. de Vecchi.
Matthew Lindsey-Clark, co-head of Evercore's EMEA investment banking business, said, 'Luigi brings a wealth of experience and senior strategic relationships that complement Evercore's already strong presence across Europe as well as the firm's expansion plans going forward.'
Mr. de Vecchi joins Evercore from Citigroup, where he was chairman of continental Europe for corporate and investment banking. Prior to joining Citi in 2012, he was global co-head of investment banking at Credit Suisse, and previously worked at Goldman Sachs and Kleinwort Benson.
Mr. de Vecchi received his MA in Business Studies and Economics from the L.U.I.S.S. University in Rome, where he is currently a finance professor and member of the advisory board. He is chairman of Fondazione Sylva, a charity focused on reforestation, and a member of the advisory board of both Save the Children Italia and Fondazione Nuovo Millennio.
About Evercore
Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic and financial significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings and capital structure. Evercore also assists clients in raising public and private capital, delivers equity research and equity sales and agency trading execution, and provides wealth and investment management services to high-net-worth and institutional investors. Founded in 1995, the firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in the Americas, Europe, the Middle East and Asia. For more information, please visit www.evercore.com.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 minutes ago
- Yahoo
Community Health Systems, Inc. Announces Increase in Tender Cap for 5.625% Senior Secured Notes Due 2027
FRANKLIN, Tenn., July 28, 2025--(BUSINESS WIRE)--Community Health Systems, Inc. (the "Company") (NYSE: CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the "Issuer"), has increased the principal amount of the Issuer's approximately $1,757 million aggregate principal amount outstanding 5.625% Senior Secured Notes due 2027 (the "2027 Notes") that it can repurchase under its previously announced cash tender offer (the "Tender Offer") from $1,470 million to $1,757 million, on the terms and subject to the conditions set forth in the Issuer's Offer to Purchase dated July 28, 2025 (the "Offer to Purchase"). Consistent with amending the Tender Cap, the Issuer has amended the financing condition of the Tender Offer to provide that the Issuer's obligation to accept for purchase, and to pay for, 2027 Notes validly tendered and not validly withdrawn is subject to the satisfaction or waiver of certain conditions, including, among other things, the condition that the Issuer has completed a debt financing on terms and conditions satisfactory to it yielding gross cash proceeds of $1,790 million or more. The complete terms and conditions of the Tender Offer is set forth in the Offer to Purchase. The Issuer has retained Citigroup Global Markets Inc. to act as dealer manager in connection with the Tender Offer. Questions about the Tender Offer may be directed to Citigroup Global Markets Inc. at (800) 558-3745 (toll free) or (212) 723-6106 (collect). Copies of the Tender Offer documents and other related documents may be obtained from Global Bondholder Services Corporation, the depositary and information agent for the Tender Offer, at (855) 654-2015 (toll free) or (212) 430-3774 (collect) or email contact@ The Tender Offer is being made solely by means of the Tender Offer documents. Under no circumstances shall this press release constitute an offer to purchase or sell or the solicitation of an offer to purchase or sell the 2027 Notes or any other securities of the Issuer or any other person, nor shall there be any offer or sale of any 2027 Notes or other securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In addition, nothing contained herein constitutes a notice of redemption of the 2027 Notes. No recommendation is made as to whether holders of the 2027 Notes should tender their 2027 Notes. Forward-Looking Statements This press release may include information that could constitute forward-looking statements. These statements involve risk and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law. View source version on Contacts Investor Contacts: Kevin J. Hammons, 615-465-7000President and Chief Financial OfficerorAnton Hie, 615-465-7012Vice President – Investor Relations Media Contact: Tomi Galin, 615-628-6607Executive Vice President, Corporate Communications, Marketing and Public Affairs


Vox
12 minutes ago
- Vox
Trump's new EU trade deal, briefly explained
President Donald Trump shakes hands with European Commission President Ursula von der Leyen as he announces a trade deal with the EU on July 27, 2025, in Turnberry, Scotland.This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: The US and the European Union have arrived at a new trade deal, just days before President Donald Trump's threatened deadline to impose substantial new tariffs. What's in the agreement? Only the broad strokes of the deal have been announced so far, but it sets a new tariff rate of 15 percent on many imports from the EU, half the 30 percent rate that had been threatened. It also includes a promise of mutual tariff-free trade on some products, including aircraft and some generic drugs, and a European commitment to buy $750 billion in US energy over the next three years. Other points are still under negotiation, according to European Commission President Ursula von der Leyen, including whether European wine and other spirits will receive an exemption from the 15 percent tariff. How is Trump's trade war faring elsewhere? Earlier this month, Trump sent a new round of tariff demand letters to US trade partners, with a new deadline of August 1 (this Friday) to reach a trade deal and head off drastic tariffs. Since then, the US has reached a number of new agreements, including a deal with Japan last week — but many more are still outstanding. Among those is a deal with China, which negotiators met to discuss on Monday; a mutual suspension of tariffs between the two countries is set to expire on August 12, but is likely to be extended an additional 90 days as talks continue. The Logoff The email you need to stay informed about Trump — without letting the news take over your life. Email (required) Sign Up By submitting your email, you agree to our Terms and Privacy Notice . This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. What else should I know about the tariffs? Hovering over all Trump's tariff threats and trade deals is the question of whether any of this is legal. One court, the US Court of International Trade, already ruled against the tariffs in May; now, an appeals court will hear the case on Thursday, and it will likely wend its way to the Supreme Court after that. And with that, it's time to log off… I greatly enjoyed the latest entry in my colleague Benji Jones's unofficial 'wildlife motion cameras' series, about artificial watering holes in the jungles of Guatemala (and don't miss his earlier piece, about animals along the US-Mexico border, here).

USA Today
41 minutes ago
- USA Today
US and EU reach trade deal
On Monday's episode of The Excerpt podcast: The U.S. has reached a trade deal with the European Union after President Donald Trump's weekend trip to Scotland. USA TODAY National Correspondent Chris Kenning talks about his reporting on farmers facing a fork amid the immigration crackdown. Israel pauses some military action in Gaza amid ongoing starvation concerns. USA TODAY National Correspondent Deborah Barfield Berry discusses a bipartisan push for a new women's history museum. Hit play on the player below to hear the podcast and follow along with the transcript beneath it. This transcript was automatically generated, and then edited for clarity in its current form. There may be some differences between the audio and the text. Podcasts: True crime, in-depth interviews and more USA TODAY podcasts right here Taylor Wilson: Good morning. I'm Taylor Wilson, and today is Monday, July 28th, 2025. This is USA TODAY's The Excerpt. Today taking a look at the US Trade deal with the EU plus how immigration raids are impacting farms and their workers. And lawmakers across the aisle want a new Women's History museum. ♦ US has reached a trade deal with the European Union. President Donald Trump announced the deal yesterday, days ahead of a self-imposed August 1st deadline. He met with the European Commission's president, Ursula von der Leyen during his trip to Scotland over the weekend where the pair discussed terms and came to an agreement. The deal includes a 15% tariff on most European exports to the United States, similar to agreements struck recently between Trump and other major trading partners, including Japan. The levy is higher than the 10% rate sought by Europeans, but a reduction from the 30% Trump threatened to impose earlier in July. The agreement also includes $600 billion in EU investments in the US and the purchase of $750 billion worth of US energy. ♦ President Trump's immigration raids are hitting farms particularly hard. I spoke with USA TODAY national correspondent Chris Kenning for more. Chris, thanks for joining me. Chris Kenning: Thank you for having me. Taylor Wilson: So Chris, what are we hearing and seeing at farms around the country in this immigration moment? Chris Kenning: Across the country, we've seen these immigration raids, really broiling farms in farming communities, and there have been cases of worker shortages for at least temporarily and farmers who are worried about getting their crops picked. Early this month, we saw raids in California in the Central Valley areas that saw hundreds of folks detained and ranchers and growers and places like Texas and Vermont have also reported times when people weren't showing up for work. And so some farm groups are saying farmers are holding their breath, trying to keep things afloat, not knowing if their folks will show up or just be too afraid that the raid will happen, either the farm or in the city or town where they work. Right now, in places like the San Joaquin Valley, some folks are saying that labor is kind of holding steady, but everyone's on edge, really not knowing what's going to happen. Taylor Wilson: Well, Chris, how many people on US farms actually lack legal status? And just help us understand really why foreign born workers are so critical to farmers. Chris Kenning: There's about 2.6 million people working on farms in the United States, roughly about 42% of them are thought to lack legal status according to the Department of Agriculture. That's actually down from 55% in 2001. So it's kind of declined some, but it's still a pretty sizable number. And if you talk to farmers, they'll say the reason's pretty simple. Congress has not been able to really address comprehensive immigration reform that could find ways to create legal pathways for workers that are here or provide more visas for guest worker programs. And they say the idea that American-born residents will take these jobs is just not realistic. Few people will apply for them, even fewer will stick with it. It's very physically demanding and tough work and so the bodies aren't out there. All these issues come together and then farmers have long dealt with this stuff and now the presence of these ICE immigration forces everywhere has really exacerbated the problem. Taylor Wilson: Chris, what did you hear from some of these migrant workers themselves about how they're facing this moment and what I'd imagine really is just an incredibly anxious time for them? Chris Kenning: So there's a lot of fear, a lot of consternation. People aren't going out as much. People are staying home, but the United Farm Workers officials that I talked to said people are going back just because they have to feed their families, maybe working fewer days, maybe staying in when they're not working. I talked to one gentleman named Gabriel who's a 42-year-old man. He's from Mexico. He works in California's Central Valley. He's worked eggplant, pumpkins, different crops, getting up before A.M. working a full day for about 16,50 an hour. And he said to the majority of his fellow workers are without papers. But while they're still working now, some are considering going home. And even folks who are here on H-2A visas are said to be considering not applying or just wondering if it's just getting too dangerous. Taylor Wilson: You mentioned the H-2A visa, Chris, can you just talk us through what the visa programs and legal paths actually look like for farm workers and what do advocates want to see change in this space? Chris Kenning: The H-2A program is a program that allows agricultural employers to hire foreign workers to fill temporary or seasonal jobs when there's not enough qualified domestic workers. Right now, folks on those visas represent about 13% of the nation's farm workers. A number that's grown over the years. A lot of farmers have issues with it because it is very bureaucratic. It's expensive because farmers have to provide housing and they have to adhere to pay wage premiums, which is meant to keep those workers from pushing down wages for U.S. residents who do similar jobs. Farm worker advocates say it has problems too because it's linked to a certain employer. So a lot of times workers are stuck there and maybe more vulnerable to wage or housing abuses. That's one that people are calling for changes to perhaps to streamline it or make some changes that would allow for more folks to come in on these types of visas. Taylor Wilson: You touched on the Trump administration earlier, Chris. Where does the administration stand when it comes to farms specifically? And is there any sense that they understand some of the realities on American farms that you've outlined in this piece? Chris Kenning: The Trump administration in June said it was going to suspend farm enforcement and it reversed that. But Trump has cited the importance of farm labor several times, and they've talked about they're looking to make some kinds of changes. It's not clear exactly what those would look like. There's a bill in Congress that would create, among many things, would create a legal pathway for long-time workers, which is what a lot of both farmers and farm workers would like to see, rather than just having it apply to people who are coming for the first time. There's also been discussions by the agriculture secretary to make the H-2A program more efficient. We'll have to see what comes out of that. House Speaker Mike Johnson has told other media that larger immigration overhauls in Congress could face an uphill battle, so we'll have to keep an eye on that. Taylor Wilson: All right. Chris Kenning is a national correspondent for USA TODAY. Folks can find this full story with a link in today's show notes. Thank you, Chris. Chris Kenning: Thank you so much. ♦ Taylor Wilson: Israel will pause military action for hours each day in parts of Gaza and increase aid drops in the enclave as the country continues to face international pressure over reports and images of starving Palestinians. Aid groups have criticized Israeli leaders for months over the growing humanitarian crisis in Gaza. The country cut off supplies to the region at the start of March before reopening aid lines with new restrictions in May. In recent weeks, more than 800 people have been killed while trying to reach food according to the United Nations, mostly in shootings by Israeli soldiers posted near controversial Gaza Humanitarian Foundation distribution centers, which we discussed here on the show last week. Meanwhile, the World Food Program says a third of the population in Gaza is not eating for days. Beginning today, Israel will pause military action in a humanitarian area along the coast of Gaza for 10 hours at a time, from 10 A.M. to 8:00 P.M. local time each day. You can read more with a link in today's show notes. ♦ Lawmakers are renewing a bipartisan effort to build a Women's History Museum in Washington. D.C. I discussed with USA TODAY national correspondent Deborah Barfield Berry. Deborah, thanks for joining me. Deborah Barfield Berry: Thank you for having me. Taylor Wilson: So what are these calls for a new Women's History Museum? What would this entail? Deborah Barfield Berry: Actually, it's been an effort that's been going for years and years, but they've always renewed it. And this time, a bipartisan group of women from the Democratic Women's Caucus and the Republican Women's Caucus are actually urging one of the House committees to put some money behind it to actually fund the project. Taylor Wilson: Specifically who are the lawmakers involved here and just how rare is it Deborah, to see a bipartisan push like this? Deborah Barfield Berry: Well, there's several lawmakers. There are some Republicans, including Kat Cammack, who's one of the co-chairs of Republican Women's Caucus and also Hillary Scholten and others who are part of the Democratic Women's Caucus. They got together and decided they wanted to push for this effort. In terms of rare, these days, as you know, there's a lot of partisanship on one side or this side of a lot of issues, but this was one of the few issues where women from both sides of the aisle said, we want to push for this together. So they've been doing that in the past, and again, they've continued to do that now. Taylor Wilson: Well, as you mentioned, Deborah, this is not the first we've heard of this. What related bills have we seen over the years and just what led up to this point? Deborah Barfield Berry: As has been the case with many museums, many of the Smithsonian museums, including the National Museum of African-American History and Culture, and the Latino Museum as well, it's a process. So it's not just you vote for the museum and it's a go. There are different parts of it, including number one, establishing a museum, establishing perhaps a commission that will study it and see if there should be a museum. Another bill that has to push for having it on a National Mall. And then of course, you need to get funding. So there are always different pieces to it, and that's the same case here for the Women's Museum. There's been different measures along the way. Some of them passed, some of them haven't. It hasn't come through enough where they can say, we got a museum coming. So the women have pushed again to make sure there was some federal funding for the museum. Taylor Wilson: It makes sense. I mean, what hurdles might this effort still face? Deborah Barfield Berry: Well, part of the challenge this Congress is that there has been a big push, particularly by Republican leaders to cut federal spending. So not just this program, but others are coming up against that. There is also some concern about the pushback from the Trump administration and Republican leaders to push back against diversity initiatives or anything that reflects or they think feel like it reflects that. In many of the cases, it's not just about people of color when they push back on diversity. Also, women and women's issues and women programs, women's museum is all about women. So there's concern about whether that too would fall into that category where they're pushing back. Taylor Wilson: Okay, and what's next for this conversation? Deborah Barfield Berry: It was earlier this month that they pushed for or sent this letter to the House Appropriations Committee, but there's also some talk or either some hope from both sides that they could have a meeting with President Trump to push for this, because along the way he's expressed some interest in supporting it, but he's also been part of the pushback against diversity. As for what's next, some of the women lawmakers are not only pushing their colleagues to support funding for the bill, but they're also hoping that they can get President Trump to step in and be a little more vocal about it and maybe use some of his clout to sway Republican leaders to back the funding. Representative Hillary Scholten from Michigan, who also happens to be a Democrat, says she welcomes the audience with President Trump so she can make sure he knows that it's important to support this museum and that if there's any time to do it, now is the right time. Taylor Wilson: We'll see what happens. Deborah Barfield Berry is a National Correspondent with USA TODAY. Thanks, Deborah. Deborah Barfield Berry: Thank you. ♦ Taylor Wilson: Thanks for listening to The Excerpt. You can get the podcast wherever you get your pods, and if you're on a smart speaker, just ask for The Excerpt. I'm Taylor Wilson, I'll be back tomorrow with more of The Excerpt from USA TODAY.