Finance Articles: page 3

Jay Ritter

CFA Institute calls for tougher disclosure rules for SPAC sponsors

Cordell Eminent Scholar Jay Ritter shares his insights on the CFA Institute’s recommendation that SPAC sponsors fully disclose any affiliations with investors and target companies.  Read more from Ritter in this story from the Financial Times. [Subscription required.]

Jay Ritter

Goldman Sachs and other big banks hit SPAC pause button as market shifts and new regulations loom

Goldman Sachs Group Inc. said it’s taking a break from handling special-purpose acquisition company (SPAC), or blank check, initial public offerings amid a sharp slowdown in the market in recent months. IPO expert Jay Ritter, Cordell Eminent Scholar at University

Jay Ritter

Technology jobs and salaries in investment banking after MBA

Cordell Eminent Scholar Jay Ritter shared his insights on the top skills for technology jobs in investment banks.  “Investment banks and consulting firms frequently ask about a student’s GPA, because they have found that students with good grades are likely

Jay Ritter

Ostin Tech Stock Plunged 88% in a Cautionary Tale for IPO Investors

What a difference a day makes. On Thursday, Ostin Technology GroupOST –21.26%, a Chinese supplier of display modules, gave back most of the 892% gain from its first day as a publicly traded company.  The IPO market has seen quite

Jay Ritter

Steinway Musical Instruments Looks to Hit Right Note With IPO

Steinway Musical Instruments plans to go public as it continues to mix tradition with innovation. But is this the right time for an IPO?  Cordell Eminent Scholar Jay Ritter weighs in in this story from The Street. 

Jay Ritter

The SEC Has Signaled More Oversight of SPACs. Big Banks Are Getting the Message.

With SPACs, “you’ve got the people involved as a sponsor and you can check their criminal record, but it’s not like you have to spend a huge amount of time in due diligence,” explains Cordell Eminent Scholar Jay Ritter.  Read

Jay Ritter

Beijing is scrambling to keep the U.S. from kicking Chinese firms worth $1.4 trillion off Wall Street. But Congress is in no mood for compromise

While Beijing suggests a deal is imminent, there is “still quite a distance” between the two governments’ positions, says Cordell Eminent Scholar Jay Ritter, who focuses on initial public offerings (IPOs). Read more of Ritter’s insights in this story from Fortune. 

GSIF experiences another strong year of growth

The Gator Student Investment Fund (GSIF) continues to see significant annual progress. GSIF is a student-managed investment fund that gives members a realistic asset management experience. As of January 2022, the value of the fund sat at $1,135,000. In March

Jay Ritter

The JOBS Act, 10 years later

Cordell Eminent Scholar Jay Ritter shares his IPO insights for this story about the JOBS Act, which celebrated its 10th birthday on Tuesday. Signed into law by President Obama to great bipartisan fanfare, it was intended to increase the number

Jay Ritter

Fact-checking Fried, DeSantis claims about Florida’s investments in Russia

Cordell Eminent Scholar Jay Ritter contributed his expertise to this PolitiFact investigation into what could be done to withdraw Florida’s investment in Russia-backed entities. PolitiFact learned that the process by which Florida could begin to divest state funds from Russian-based entities