$650 Billion Firm Caught in Swiss Wipeout Is Buyer of UBS AT1s
One of the major investors caught in Credit Suisse’s historic wipeout of AT1s just bought similar securities sold
2023-11-17 21:48
Active ETF Boom Is Mostly a Mirage as Stockpicking Fades Away
At first blush, a record $100 billion flood into actively managed exchange-traded funds this year raises a tantalizing
2023-11-17 20:54
Investcorp Ends Debut Flat After $451 Million Abu Dhabi IPO
Investcorp Capital Plc, an investment vehicle backed by the Middle East’s biggest alternative asset manager, ended its first
2023-11-17 20:53
Camco Fund to Mobilize $1.6 Billion for Africa Power
A UK-government backed renewable energy fund plans to mobilize $1.6 billion to help provide 16 million people and
2023-11-17 20:26
Wall Street Bosses Turn to AI to Help Write Performance Reviews
Banks have already turned to AI for derivatives trading and fraud detection. Now they want to use it
2023-11-17 20:18
Deal Slump Tops List of Private Equity Worries at Zurich Meetup
Private equity managers had to confront a frightening thought as they gathered in Zurich this week with many
2023-11-17 19:56
UK Slams NMC for Misleading Market Over $4 Billion Debt Position
The UK’s markets regulator censured fallen Middle Eastern hospital operator NMC Health Plc, saying the once-FTSE100 listed firm
2023-11-17 19:55
Argentina’s Heartland Shows Quandary of Election Choice Few Want
Marcela Moreno, a preschool teacher in the central Argentine province of Cordoba, voted for libertarian economist Javier Milei
2023-11-17 19:55
ECB’s Holzmann Says Rate Cut in Second Quarter Would be Too Soon
The European Central Bank won’t cut interest rates in the second quarter, Governing Council member Robert Holzmann said,
2023-11-17 19:20
US equity funds draw heavy inflows on expectations for Fed pause
U.S. investors were big buyers of equity funds in the seven days through Nov. 15, spurred by expectations
2023-11-17 19:15
Global equity funds see surge in inflows on Fed pause hopes
Global equity funds saw significant inflows in the week ending Nov. 15, buoyed by investor hopes that cooler-than-expected
2023-11-17 18:59
Europe’s Banks to Focus on Cost Cuts as Rates-Driven Boom Fades
European lenders are set to focus more on cost savings in 2024, as benefits from rising interest rates
2023-11-17 18:55