Dow Jones Top Financial Services Headlines at 4 PM ET: Silver Lake Takes on Carl Icahn and the Merger Arbitrage World in Endeavor Fight | Fed's ...

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Silver Lake Takes On Carl Icahn and the Merger Arbitrage World in Endeavor Fight

The private-equity firm is asking a judge to declare that Icahn and others illegally colluded to fight the $13 billion acquisition.

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Fed's Goolsbee Says Inflation Components Matter Just as Much as the Overall Pace

Goolsbee says he's watching both the details and the overall rate of inflation to guide monetary policy.

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Qatar Investment Authority, JPMorgan Announce $20 Billion Partnership

JPMorgan Asset Management will oversee a customized portfolio of $15 billion invested across public equities.

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Priority Technology CEO to Take Firm Private in $1.6 Billion Deal

The payment-technology company agreed to be taken private by an investor group led by its chair and chief executive, Thomas Priore, in a deal with an enterprise value of around $1.6 billion.

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Perpetual Rejects EQT AB's Improved Offer, Ends Takeover Talks

EQT AB's pursuit of Perpetual looks over after the Australian investment manager rejected its US$2.6 billion takeover proposal and said it had stopped engaging with the Swedish private-equity provider.

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Apartment Landlords Have a $2 Trillion Debt Problem That Is Only Getting Worse

Property investors borrowed record sums at historically low rates. Now, as the bill comes due and interest rates rise, "the chickens are coming home to roost."

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Societe Generale Shares Climb After Bank Raises Profitability Target

Shares rose 4%, taking the stock's year-to-date gain to nearly 10%, after the bank said it is cutting costs and growing revenue to boost profitability through the end of the decade, including widening its use of AI.

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Financial Services Roundup: Market Talk

Find insight on Banco Santander, Societe Generale, Liontrust Asset Management and more in the latest Market Talks covering Financial Services.

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The Silver Lining in Soaring Interest Rates: The Economy Can Handle Them

Economies around the world are showing surprising resilience to higher central bank-interest rates and government bond yields.

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Crypto Blew Its Big Moment-and the Blame Game Has Begun

Coinbase CEO Brian Armstrong was at the center of a protracted fight over the role of digital assets in mainstream finance.

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Polymarket's Rush to Grow Left a Door Wide Open For Fraudsters

CEO Shayne Coplan brushed off concerns about a scheme involving stolen debit cards. Now the prediction market is bolstering its executive ranks as it eyes an IPO.

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Warren Buffett Steps Down as Berkshire Hathaway Chairman

The legendary investor, whose son Howard succeeds him as chairman, will remain on the board and become chairman emeritus.

 

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