The Big Wall Street banks got shut out of the Tesla-SolarCity deal

  • Another week, another big tech deal that shut out Wall Street’s top banks.
  • But for the big Wall Street banks that helped coordinate and lead IPOs for both Musk companies, it must have stung.
  • But perhaps more importantly for Wall Street, big banks again got shut out of a major tech deal, and that may be a source of increasing concern among big banks that are facing serious margin pressure this year.
  • Tesla-SolarCity deal shuts out Wall Street’s big banks
  • For the second time in two weeks, Paul J. Taubman’s boutique wound up advising Verizon on a big deal.

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@CNBC: “The Big Wall Street banks got shut out of the Tesla-SolarCity deal”


Another week, another big tech deal where Wall Street’s top institutions didn’t get a piece of the action.


The Big Wall Street banks got shut out of the Tesla-SolarCity deal