The Wall Street firm settled a case brought by a sacked junior banker over her sleep needs
Private capital’s insurance playbook has spread everywhere, raising concerns among those who pioneered the trade
Big Four firm moves to protect itself with legal ‘threats’ against senior figures at Unity Advisory as relationship sours
US fund manager has become a warning of what happens when exotic products do not go to plan
Jenny Johnson’s warning comes amid a sell-off in buyout shops and private credit lenders that have bet heavily on tech
Plus, Saba’s offer for Blue Owl funds, European inflows soar and Seurat at the Courtauld
Maybe it does, maybe it doesn’t. We’re just happy to see the data.
Value of companies sitting in buyout funds reached $3.8tn last year, according to Bain & Company
iShares’ sale to BlackRock holds lessons for the UK
Ancient Financial enters crowded market to manage assets for US retirees
Richard Oldfield says there is ‘no reason to think’ the business will be sold after deal with US fund manager Nuveen
Longtime bank chief executive will present spending plans at slimmed-down investor presentation on Monday
Groups unable to cash out while other forms of dealmaking have returned
Case brought by Kathryn Shiber fuelled debate about junior bankers’ working hours
Boaz Weinstein’s investment vehicle launches offer as private credit group is seeking to shore up investor confidence
Consumer-facing institutions are expanding in areas considered more Wall Street territory
Nothing to see here
‘There has never been a better time to be a crook’
Blue Owl has halted redemptions at a retail private credit fund
Even in a competitive, performance-driven industry, female and minority managers are paid less and are more likely to be fired
Instead of wresting power from a banking oligopoly, the UK’s payments regulator ended up strengthening a duopoly
Move follows similar initiatives by other Wall Street institutions but comes as concerns mount about sector’s health
Swedish fintech’s share price has plummeted by two-thirds since September IPO
We read proxy statement so you don’t have to
Two funds build exposure to Elon Musk’s SpaceX that exceeds 15%