Dow Jones Top Financial Services Headlines at 12 AM ET: Bain Capital to Acquire Australian Wealth Manager | Top ...

Dow Jones03-16 12:00

Bain Capital to Acquire Australian Wealth Manager

Bain Capital will pay more than US$349 million to acquire an Australian wealth-management business from local investment manager Perpetual.

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Top Apollo Executive Sounds Off on 'Arrogance' in Private Markets

"I literally think all the marks are wrong," Apollo's John Zito said of private equity in previously unreported comments. Apollo said the comment was about software companies.

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Why Bank Stocks Are Getting Beaten Up Over Private Credit

Some investors are cashing out of private-credit funds, and that could leave banks more exposed to them.

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Berkshire Could Repurchase Over $50 Billion of Stock Annually Based on Recent Buy

Many Berkshire Hathaway holders would like to see it get more aggressive with stock repurchases.

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What Private-Credit Investors Need to Know About the Industry's Turmoil

Here's the lowdown on adviser fees, fund returns and what is driving client redemptions on Wall Street.

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A toxic mix of private-credit panic and climbing bond yields is hammering financial stocks

A toxic brew of climbing bond yields and a broadening panic about the stability of private-credit lenders has helped push the S&P 500 financial services sector to its lowest level since May.

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Who's in Charge? SEC, CFTC Announce Formal Coordination to Clarify Regulatory Roles.

The effort seeks to harmonize regulatory oversight in areas such as crypto between two agencies often at odds with one another.

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Fintech Airwallex Earmarks $1.1 Billion for European Expansion

EXCLUSIVE: Airwallex has been courting clients with global customer bases across the U.K., France, Germany, the Netherlands and the United Arab Emirates.

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Financial Services Roundup: Market Talk

Find insight on European bank bonds, Malaysia's banking sector and more in the latest Market Talks covering Financial Services.

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Deutsche Bank says its private-credit exposure has increased to $30 billion - one of the highest of Wall Street banks

Despite concerns over the struggling industry, the banking giant aims to increase its offering.

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Dan Ives Is Stepping Down as Eightco Chairman

Eightco announced $125 million in new funding commitments on Thursday. Crypto bull Tom Lee is joining the board.

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An Exodus of Money Endangers Wall Street's Private-Credit Craze

Investors asked to cash out 14% of Cliffwater's $33 billion fund while Morgan Stanley capped withdrawals.

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Italian Insurer Generali Posts Rise in Profit

The insurer reported a 14.5% rise in adjusted net profit and declared a 15% increase in its dividend payout.

 

(END) Dow Jones Newswires

March 16, 2026 00:00 ET (04:00 GMT)

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