Houlihan Lokey Howard & Zukin has created two new positions for its distressed companies mergers and acquisitions practice.

Houlihan Lokey, the US investment bank that formed a strategic alliance with Close Brothers in London last month, has made Andrew Torgove and Saul Burian heads of the bank's US north-east region distressed companies M&A group.

Janine Brewis

Houlihan Lokey Howard & Zukin

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Fiera Capital managing partner Catherine O’Reilly exits

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The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

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Ex-Bank of America trader joins Sumo as head of systematic fixed income trading

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Jugakalpa Das’ six-member pod will start trading for Sumo in July

Israel’s attack on Iran gave the greenback a boost after a long stretch of trouble. But the long-run prospects for the dollar don’t look good.

The shipments have propelled Ireland, a country of only 5.4 million people, to the second-largest goods-trade imbalance with the U.S., trailing only China.

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The satellite operator said the capital increase would support its strategy, driven by strong market momentum in the Low Earth Orbit-enabled connectivity market.

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The uptick was likely fuelled by easing price inflation and a cut to interest rates in May.

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The unprecedented pace of change brought by AI is forcing the software maker to reinvent itself, said Salesforce’s chief futures officer.

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Houlihan boosts distressed M&A practice

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