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Blackstone Jersey Mike's IPO $7.9 billion valuation JPMorgan underwriting

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Blackstone’s Jersey Mike’s Targets $7.9B Valuation in IPO Led by JPMorgan

Blackstone-backed sandwich chain Jersey Mike’s has filed for a U.S. IPO targeting up to $7.94 billion in valuation, with plans to raise roughly $1.09 billion. JPMorgan is among the lead underwriters.

Oppenheimer downgrades Goldman Sachs, Wall Street banks under pressure

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Oppenheimer Downgrades Goldman Sachs, Morgan Stanley; Wall Street Banks Under Pressure

Oppenheimer cut ratings on Goldman Sachs and Morgan Stanley, flagging structural headwinds for traditional investment banking. The firm is bullish on alternative asset managers Blackstone and KKR instead.

Blackstone’s Jersey Mike’s Targets $7.9B Valuation in IPO Led by JPMorgan

Oppenheimer Downgrades Goldman Sachs, Morgan Stanley; Wall Street Banks Under Pressure

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