Citigroup names Jane Fraser as president
Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the next chief...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
3M sales fall 2% on slowing Asia demand
3M Co , the maker of Scotch tape and Post-it notes, reported a 2% fall in quarterly revenue and lowered its full-year earnings outlook, hurt by...
A star stock picker is closing his fund because investors told him that style doesn't work anymore
Star stock picker Jeffrey Vinik says that he's shuttering his funds because would-be investors balked at his investment strategy
Without deal, WeWork would have been out of money next week, sources say
WeWork announced Tuesday that SoftBank will provide $5 billion in new financing and up to $3 billion in a tender offer for existing shareholders.
Malaysia’s potential as the fintech hub for the ASEAN region
Labuan IBFC Oct 18, 2019 Malaysian Digital Economy Corporation Sdn Bhd (“MDEC”) recently announced that Malaysia has the potential to become a digital hub for ASEAN...
There's a looming financial advisor shortage. Today's professionals can help prevent it
With about 40% of financial advisors expected to retire in the next 10 years, the industry needs to attract new talent to fill those empty seats....
Global shares hit by tech problems and Brexit snags
World stock markets fell on Wednesday, as hopes faded that a Brexit deal would be wrapped by next week and a profit warning from Texas Instruments...
Asian shares edge up as earnings, geopolitics sway sentiment
Asian shares pulled ahead on Thursday as corporate earnings and a ceasefire in northern Syria helped prop up sentiment, though the backdrop of trade and brexit...
Ghosn's lawyers seek dismissal of charges, accuse prosecutors of misconduct
Carlos Ghosn's lawyers have asked the Tokyo District Court to dismiss all charges against the former Nissan Motor Co Ltd chairman, saying prosecutors colluded with government...
Ghosn's lawyers accuse Japan officials, Nissan executives of collusion
Lawyers for former Nissan Motor Co chairman Carlos Ghosn submitted filings to the Tokyo District Court on Thursday seeking the dismissal of all charges against him...
Asian shares edge up; investors anxious over earnings, Brexit
Asian shares pulled ahead on Thursday with corporate earnings buffeting trading as investors remained anxious about the business impact of the Sino-U.S. trade war while Brexit...
Oil pares U.S. stock-draw gains on weak demand outlook
Oil prices dipped on Thursday on lingering concerns about a weak demand outlook, after surging more than 2% in the previous session on the back of...
U.S.-China trade reprieve makes no dent on recession chances: Reuters poll
The recent truce in the U.S.-China trade war is not an economic turning point and has done nothing to reduce a significant risk that the United...
Ford cuts full-year profit outlook as third-quarter profit dips
Ford Motor Co on Wednesday cut its forecast for operating profit for the year after a disappointing third quarter that Chief Executive Jim Hackett blamed on...
J&J slashes third-quarter profit by $3 billion over proposed opioid deal
Johnson & Johnson on Wednesday lowered its previously reported third-quarter profit by $3 billion to account for a proposed opioid settlement payment.