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Latest News on private equity markets

Goldman, Bank of America join JP Morgan on growing list of underwriters for Saudi Aramco's IPO

There will be six global coordinators of the IPO, sources said.

4 years ago

Wall Street analysts cheer Apple's surprisingly low pricing for the iPhone and Apple TV+

Major Wall Street analysts loved Apple's refreshed product unveiling which featured a new lower cost iPhone.

4 years ago

Hong Kong Exchange makes surprise $39 billion offer for Britain's LSE

Hong Kong Exchanges and Clearing made a surprise $39 billion takeover approach for the London Stock Exchange on Wednesday, aiming to sabotage the LSE's acquisition of data company Refinitiv and create a global trading powerhouse.



4 years ago

UK finance ministry to scrutinize Hong Kong Exchange $39 billion bid for LSE

Britain's finance ministry has said it will scrutinize Hong Kong Exchanges and Clearing's attempted takeover of the London Stock Exchange, after the Asian bourse made a surprise $39 billion approach on Wednesday.



4 years ago

Holt Accelerator’s 2019 Cohort Canada Roadshow is Coming to Vancouver, Waterloo, Toronto, Montreal!

Holt Accelerator | Samah El Falah | Sep 11, 2019 Holt Deal Day event series are seeking senior representatives of financial institutions, or fintech investors and experts to attend Holt’s Deal Day, taking place at Vancouver (Sept. 20th), Toronto (Sept. 23rd), Waterloo (Sept. 27th), Montreal (October, 2nd). Don’t miss out on the opportunity to interact

4 years ago

Schwab is laying off 600 employees amid hit from the Fed's interest rate cuts

The cuts represent about 3% of the bank's workforce and comes across all sectors.

4 years ago

Mexico sees diminished threat of U.S. tariffs after effort to curb migration

Mexican President Andres Manuel Lopez Obrador said on Wednesday the U.S. threat of tariffs on Mexican goods has lessened, after his top envoy met U.S. President Donald Trump and other Washington officials to assess progress on reducing migration.



4 years ago

Switzerland warns Facebook's Libra it will face extra scrutiny

Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws.



4 years ago

What Trump's call for 0% interest rates would mean for your wallet

Here's a look at what cutting the Fed's target interest rate to zero could mean for your wallet.

4 years ago

As trade war pinches China, it opens doors wide for foreign money

As the Sino-U.S. trade war drags on, Beijing is throwing its door wide open to foreign investors as concerns grow over declining exports, capital flight and persistent yuan weakness.



4 years ago

Cramer on Trump's 'boneheads' tweet: Fed should really cut rates but should not go negative

"Negative rates, no. You don't want negative rates. That's just a sign that we're not a robust economy," says CNBC's Jim Cramer.

4 years ago

DoubleLine's Jeffrey Sherman warns against buying Treasurys, says gold could be smart recession play

DoubleLine's Jeffrey Sherman tells CNBC that August's Treasury bid may have been overdone and said gold could be a good recession play.

4 years ago

Trump reverses course, seeks negative rates from Fed 'boneheads'

U.S. President Donald Trump on Wednesday called on the "boneheads" at the Federal Reserve to push interest rates down into negative territory, a move reluctantly used by other world central banks to battle weak economic growth that risks punishing savers and banks' earnings in the process.



4 years ago

Apple may steal Netflix streaming crown, but only for a year

Apple Inc's move to offer a free TV+ subscription for a year with every new device may briefly crown the iPhone maker as the biggest streaming service by user numbers, leapfrogging Netflix Inc.



4 years ago

GM recalls 3.8 million vehicles in North America due to braking issue

General Motors Co said Wednesday it was recalling 3.46 million U.S. pickup trucks and SUVs to address a vacuum pump issue that could make braking more difficult and that has been linked to 113 accidents and 13 injuries.



4 years ago