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Latest News on private equity markets

Xerox nominates new HP board after buyout rebuffs

Xerox Holdings Corp said on Thursday it plans to nominate 11 independent candidates to HP Inc's board, seeking to take control of the personal computer maker after several rejections of its $33.5 billion buyout offer.



5 years ago

Tesla's German factory gets off to an explosive start

Seven U.S. bombs from World War Two have been found in the plot of land outside Berlin where electric car pioneer Tesla wants to build its first European factory, local authorities said on Thursday.



5 years ago

Why your credit score matters so much

A credit score determines the interest rate a consumer is going to pay for credit cards, car loans and mortgages — or whether they will get a loan at all.

5 years ago

This mistake around new IRA withdrawal rules could leave you with a bigger tax bill

A new law that cut back on a popular tax break for wealthy Americans is leading many to consider a Roth conversion strategy for IRAs to soften the blow. Financial experts fear some could overdo it.

5 years ago

Apple pushes back against EU common charger, warns of innovation risks

iPhone maker Apple on Thursday pushed back against EU lawmakers' call for a common charger, warning the move could hamper innovation, create a mountain of electronic waste and irk consumers.



5 years ago

ECB's Lagarde launches policy overhaul that will leave no stone unturned

The European Central Bank launched a broad review of its policy on Thursday that is likely to see new President Christine Lagarde redefine the ECB's main goal and how to achieve it.



5 years ago

Coronavirus fears weigh on global equity markets

The biggest tumble in Chinese stocks in more than eight months led global equity markets lower Thursday as concern mounted about a new coronavirus outbreak in China.



5 years ago

M&A strong though Chinese buyers lacking: Citigroup's Kalvaria

Geopolitical uncertainties are not deterring Citigroup Inc clients from strategic deals and some unicorns' offer "great potential", but outbound Chinese buyers are lacking, Leon Kalvaria, chairman of the lender's institutional clients group said.



5 years ago

Seth Klarman passionately defends value investing and said its time is coming again soon

Hedge fund billionaire Seth Klarman defended value investing even though the strategy has struggled recently.

5 years ago

Goldman Sachs to companies: Hire at least one woman director if you want to go public

From June 30, Goldman Sachs Group Inc will only help take a company public if it has at least one diverse board member, as such companies perform better after listing, Chief Executive David Solomon said on CNBC on Thursday.



5 years ago

U.S. regulator plans enforcement actions against former Wells Fargo executives: source

One of Wells Fargo & Co's top regulators plans to bring enforcement actions against as many as 10 former executives in relation to the bank's sales practices scandal as soon as Thursday, a person familiar with the matter told Reuters.



5 years ago

Blues health insurers put up $55 million to take on generic drug makers

A group of Blue Cross Blue Shield insurers is investing $55 million in a venture that aims to offer cheaper prices to their members on generic drugs that currently have little or no competition, the companies said on Thursday.



5 years ago

French investigators to move ahead with Ghosn prosecution over palace party

French prosecutors investigating a party that former Renault-Nissan boss Carlos Ghosn threw for his wife at the sumptuous Versailles palace will in the next few weeks ask judges to examine the case, bringing a prosecution a step closer.



5 years ago

U.S. regulator to announce enforcement actions against former Wells Fargo executives: sources

One of Wells Fargo & Co's top regulators plans to announce enforcement actions against as many as 10 individuals in relation to the bank's sales practices scandal as soon as Thursday, a person familiar with the matter told Reuters.



5 years ago

Ex-Wells Fargo executives face civil charges, multimillion-dollar fines from U.S. bank regulator

A U.S. bank regulator announced Thursday that several senior former Wells Fargo executives face potential lifetime industry bans and millions of dollars in civil penalties for their roles in the bank's long-running sales practices scandal.



5 years ago