Latest news with #TaylorHenricks
Yahoo
3 days ago
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UBS hires Morgan Stanley's Taylor Henricks to head M&A in Americas
-- UBS has hired Taylor Henricks as its head of mergers and acquisitions in the Americas, as part of its strategy to expand investment banking operations in the U.S. As reported by Reuters on Tuesday, Henricks will also serve as UBS's head of technology M&A, a role similar to his previous position at Morgan Stanley. He will begin working at the Swiss bank in October and will be based in Menlo Park, California, reporting to Jeff Hinton, the global co-head of corporate and sponsor advisory at UBS Investment Bank. This appointment comes as UBS continues its efforts to grow in the U.S. investment banking sector following its acquisition of Credit Suisse in 2023. The American investment banking market is dominated by U.S. lenders and represents a lucrative opportunity for the Swiss bank. In an internal memo quoted by Reuters, Hinton stated that Henricks's expertise would help UBS "capture even greater market share" in the Americas, which the bank considers a "strategically important region." Related articles UBS hires Morgan Stanley's Taylor Henricks to head M&A in Americas Nuclear microreactor stocks fall after DOE selects Westinghouse, Radiant for tests Citi sees upside for Trade Desk into Q2 results, adds on a catalyst watch Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
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Wall Street analysts start bullish on Omada Health on chronic care market growth
-- Barclays, Goldman Sachs, JP Morgan and Morgan Stanley issued bullish rating on Omada Health stock saying the virtual‑care provider could capture more of the large market for diabetes, hypertension and weight‑management services. Barclays began at 'overweight' with a $21 price target, arguing Omada's new GLP‑1 weight‑loss programme should speed adoption of its digital coaching platform. Goldman Sachs started at 'buy' and set the Street‑high target of $29, saying a focus on measured clinical outcomes can help the company outgrow peers. JP Morgan initiated at 'overweight' with a $19 target and projected roughly 24% compound annual revenue growth through 2027 as Omada expands its corporate client base. Morgan Stanley also rated the stock 'overweight' and set a $25 target, citing scope for margin gains as artificial‑intelligence tools automate parts of the service. The brokerages see Omada tapping a U.S. population in which more than 150 million people live with at least one chronic condition. Several analysts said last year's introduction of an integrated care track for users of GLP‑1 weight‑loss drugs, and recent partnerships with pharmacy‑benefit giants CVS Caremark and Express Scripts, should widen the company's reach. San Francisco‑based Omada raised $158 million in its Nasdaq debut on June 6, pricing shares at $19. The stock has since traded below that level but is up roughly 20% from its low. Analysts said Omada's move toward break‑even, targeted for the second half of 2026 or 2027 depending on the forecast, gives management flexibility to invest in new products while trimming debt. The company was valued at about $1.4 billion, or just under three times projected 2026 revenue, a discount to digital‑health peers, the broker notes said. Related articles Wall Street analysts start bullish on Omada Health on chronic care market growth UBS hires Morgan Stanley's Taylor Henricks to head M&A in Americas INmune slides again as Scotiabank, RJ cut ratings after Alzheimer's drug miss
Yahoo
3 days ago
- Business
- Yahoo
Exclusive-UBS hires Taylor Henricks as head of M&A in Americas from Morgan Stanley
By Lananh Nguyen NEW YORK (Reuters) -UBS hired Taylor Henricks as its head of mergers and acquisitions in the Americas as it seeks to expand investment banking in the U.S., according to a memo seen by Reuters. Henricks will also serve as UBS' head of technology M&A after holding a similar role at Morgan Stanley. The executive will start at the Swiss bank in October and be based in Menlo Park, California. He will report to Jeff Hinton, the global co-head of corporate and sponsor advisory at UBS Investment Bank. Since taking over collapsed rival Credit Suisse in 2023, UBS has made a push to grow in U.S. investment banking, a lucrative market in which American lenders are the biggest players. "As we continue to make long-term investments in our Americas franchise to expand our footprint, enhance our product offering, and pivot towards high growth sectors, we are confident that Taylor's expertise will allow us to capture even greater market share in this strategically important region," Hinton wrote in the memo. UBS has hired senior U.S. bankers in leveraged finance, healthcare and technology, media and telecommunications (TMT) in recent months, while also promoting new leaders in its groups focused on financial institutions, corporate sponsors and advisory. Below is a list of senior UBS hires since March, who are all based in New York unless otherwise specified, according to a company spokesperson: * Ryan Dawson, co-Head of leveraged finance origination forEurope, Middle East and Africa (EMEA) * Carmine Visconti, head of TMT EMEA * Alex Lim, head of biotechnology, San Francisco * Tim Chung, head of biotechnology * Noël Brown, head of biotechnology * Ethan Sawyer, global head of media * Brian DeLeo, head of equity capital markets (ECM) consumertech * Marina Pristupova, head of securitized productsorigination * Evan Raine, M&A * Kelvin Quezada, unified global banking, Americas * Marco Guarino, global head of ECM syndicate * David Larsen, application software * Rob Michlovich, industrial and supply chain software * Jeremy Murphy, consumer and retail * Jacob Spens, vice chairman for global banking Nordics,Stockholm * Peter Toal, global head of leveraged and debt capitalmarkets
Yahoo
3 days ago
- Business
- Yahoo
Exclusive-UBS hires Taylor Henricks as head of M&A in Americas from Morgan Stanley
By Lananh Nguyen NEW YORK (Reuters) -UBS hired Taylor Henricks as its head of mergers and acquisitions in the Americas as it seeks to expand investment banking in the U.S., according to a memo seen by Reuters. Henricks will also serve as UBS' head of technology M&A after holding a similar role at Morgan Stanley. The executive will start at the Swiss bank in October and be based in Menlo Park, California. He will report to Jeff Hinton, the global co-head of corporate and sponsor advisory at UBS Investment Bank. Since taking over collapsed rival Credit Suisse in 2023, UBS has made a push to grow in U.S. investment banking, a lucrative market in which American lenders are the biggest players. "As we continue to make long-term investments in our Americas franchise to expand our footprint, enhance our product offering, and pivot towards high growth sectors, we are confident that Taylor's expertise will allow us to capture even greater market share in this strategically important region," Hinton wrote in the memo. UBS has hired senior U.S. bankers in leveraged finance, healthcare and technology, media and telecommunications (TMT) in recent months, while also promoting new leaders in its groups focused on financial institutions, corporate sponsors and advisory. Below is a list of senior UBS hires since March, who are all based in New York unless otherwise specified, according to a company spokesperson: * Ryan Dawson, co-Head of leveraged finance origination forEurope, Middle East and Africa (EMEA) * Carmine Visconti, head of TMT EMEA * Alex Lim, head of biotechnology, San Francisco * Tim Chung, head of biotechnology * Noël Brown, head of biotechnology * Ethan Sawyer, global head of media * Brian DeLeo, head of equity capital markets (ECM) consumertech * Marina Pristupova, head of securitized productsorigination * Evan Raine, M&A * Kelvin Quezada, unified global banking, Americas * Marco Guarino, global head of ECM syndicate * David Larsen, application software * Rob Michlovich, industrial and supply chain software * Jeremy Murphy, consumer and retail * Jacob Spens, vice chairman for global banking Nordics,Stockholm * Peter Toal, global head of leveraged and debt capitalmarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
