Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley DreamsRead more

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Alibaba Boosts Share Buyback Program to $15 Billion

By
Juro Osawa
· · Source: The Information

Alibaba said it would increase the size of its previously announced share buyback program to $15 billion from $10 billion, as the Chinese e-commerce giant reported quarterly revenue slightly below analysts’ consensus. Alibaba’s upsized buyback program—the largest ever in its history—comes as the company, like its Chinese peers, grapples with the recent global selloff of China tech stocks...

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Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley Dreams
By Michael Roddan
The San Francisco Bay Area–based bankers at Centerview Partners, the investment bank that advised Silicon Valley Bank’s owner and Credit Suisse through recent turmoil, got two doses of bad news last week.