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...Advent, CVC and Cinven declined to comment....
...Rohit Chopra, director of the Consumer Financial Protection Bureau, warned about the effects of large deals on competition and financial stability....
...Citic, CSC Financial, CICC, Huatai and Guotai Junan did not respond to requests for comment....
...Moody’s is to leave its office in Canary Wharf in favour of new premises in the City, making it the latest high-profile financial tenant to abandon London’s Docklands for the Square Mile....
...shared with the Financial Times....
FDIC board postpones votes on rival proposals that have alarmed the fund management industry
US manager known for aggressive approach bets markets are too pessimistic about potential losses on utility’s debt
...McKernan told the Financial Times he wants to monitor compliance with those “passivity letters” by asset managers....
...In debt financing, default rates are a guiding metric for investors, measuring how often a financial obligation is unmet....
...Spac Saviour A Spac deal involving Donald Trump’s social media platform Truth Social could provide the former US president with a financial lifeline to pay a $454mn penalty, the New York Times writes....
...The US Financial Industry Regulatory Authority hit two Stifel broker-dealer divisions with $2.3mn in fines and restitution over unsuitable recommendations on leveraged exchange traded products....
‘When honey is not honey’
...Bank of America, the nation’s second-largest lender, said as it reported results on Tuesday that new loan growth stalled in the quarter, with BofA’s chief financial officer Alastair Borthwick calling lending...
...It had bought its stake from Advent back in 2015, and it’s understandable that CVC is looking for an exit path. Nine years is a very long holding period for private equity....
...The splurge was made possible in large part by the advent of “megafunds” — vehicles of $5bn-$10bn that created a period of unprecedented abundance for start-ups....
...TMTG became a publicly listed company after merging with a cash-rich Spac called Digital World Acquisition Corp, several of whose founders have taken legal action....
...If the guidelines come into force, it will be the first time since the financial crisis that the watchdog has updated its rules governing takeovers....
...Aareal, which is owned by Advent International and Centerbridge Partners, and its listed German peer Deutsche Pfandbriefbank have been particularly hard-hit by their exposure to US commercial property....
...“Near-term AI demand is a bit higher than our available capacity,” said chief financial officer Amy Hood, which would affect the computing power available to customers seeking to deploy generative AI systems...
Its Luxembourg Sicav board has said costs might affect certain sub-funds ‘particularly on large flows’
...Equity swaps are financial instruments that allow investors to gain exposure to a stock. They are commonly used by hedge funds to build positions in companies and are typically facilitated by big banks....
...British economist Wynne Godley is regarded as one of the few forecasters whose models foresaw the financial crisis....
...The answer matters because the financial system is currently beset by a tottering pile of cheap CRE loans....
...A post mortem by the Financial Stability Board found Swiss authorities would have been capable of shutting down Credit Suisse....
...Hefty financial leverage means slight improvements in operating performance create further bounce. Still, investors should worry about cruise lines running out of steam....
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