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Latest News on private equity markets

Trump considers delisting Chinese firms from U.S. markets: source

President Donald Trump's administration is considering the possibility of delisting Chinese companies from U.S. stock exchanges, a source briefed on the matter said on Friday, in what would be a radical escalation of trade tensions between the two countries.



4 years ago

U.S.-listed China shares, indexers fall after delisting reports

Shares in a slew of Chinese stocks traded in the United States and index providers slumped on Friday, after reports the Trump administration is considering delisting Chinese firms from U.S. stock exchanges.



4 years ago

Wall Street drops as White House weighs delisting Chinese companies

U.S. stocks slipped on Friday after news that the Trump administration was considering delisting Chinese companies from U.S. stock exchanges and limit U.S. investments into China.



4 years ago

Barclays pays $6.3 million to settle U.S. SEC's Asia-Pacific hiring probe

Barclays has agreed to pay about $6.3 million to settle U.S. charges it violated a federal anti-bribery law by hiring family and friends of foreign officials in the Asia-Pacific region to help win or retain investment banking business.



4 years ago

Cooling U.S. consumer spending underscores risks to economy

U.S. consumer spending barely rose in August and business investment remained subdued amid lingering trade tensions, prompting economists to slash their economic growth estimates for the third quarter.



4 years ago

No banking charter? No problem. Fintech companies team up with small-town banks

Los Angeles Times | Julie Verhage | Sep 27, 2019 Customers of Square Inc., the Silicon Valley payments behemoth, might assume that the cash they send to friends on the platform is housed in a glassy building in Silicon Valley, tended to by hoodie-clad tech workers. Actually, that money is more likely to be sitting

4 years ago

Austria's AMS lights up Osram bidding war with new $4.9 billion offer

Austrian sensor maker AMS raised its takeover offer for Osram to 4.5 billion euros ($4.9 billion) on Friday, ratcheting up the pressure on a private equity consortium also vying to buy the German lighting group.



4 years ago

Cramer: Trump 'would be doing our investors a favor' if he cut off US investments in China

"We choke off the supply and we stop funding their nonsense," CNBC's Jim Cramer tweets.

4 years ago

Wells Fargo chooses BNY Mellon's Scharf as third CEO in three years

Wells Fargo & Co on Friday named banking veteran Charles Scharf its next chief executive officer, ending a six-month search for a new leader to turn around the fortunes of the scandal-plagued bank, sending its shares up more than 4%. Scharf, who joins the fourth-largest U.S. bank effective next month after a 2-year stint leading Bank of New York Mellon , will become Wells Fargo's third CEO in as many years.



4 years ago

Fed's Harker says central bank should 'hold firm' on rates

Philadelphia Federal Reserve Bank President Patrick Harker said in New York on Friday he thinks the central bank should "hold firm" on interest rates, pointing to a strong labor market as evidence that the economy is still growing as expected.



4 years ago

Exclusive: Hedge fund D.E. Shaw to push for break-up of Emerson - sources

Hedge fund D.E. Shaw & Co is building a stake in Emerson Electric Co and is planning to push for changes, including a potential break-up of the U.S. industrial conglomerate, people familiar with the matter said on Friday.



4 years ago

Marathon's board backs CEO amid calls for his ouster

Marathon Petroleum Corp said on Friday the top U.S. refiner's board supported Gary Heminger staying on as chief executive officer amid calls for his ouster from two top 10 shareholders.



4 years ago

Fiat Chrysler to pay $40 million over inflated sales figures

Fiat Chrysler Automobiles NV and its U.S. unit will pay $40 million for misleading investors about its monthly sales figures and will resolve a lengthy probe by the U.S. Securities and Exchange Commission (SEC).



4 years ago

Fed's Harker opposed last rate cut, says officials should 'hold firm' on rates

Philadelphia Federal Reserve Bank President Patrick Harker said in New York on Friday he opposed the central bank's September rate cut and thinks the Fed should "hold firm" on interest rates.



4 years ago

Oil prices post weekly loss as supply fears wane

Oil prices fell on Friday and posted a weekly loss on a faster-than-expected recovery in Saudi output, while investors also worried about global crude demand amid slowing Chinese economic growth.



4 years ago