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...
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.
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...
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...
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...
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...
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...
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...
Mylan to pay $30 million U.S. SEC fine related to EpiPen overcharge probe
Mylan NV has agreed to pay a $30 million fine to settle U.S. Securities and Exchange Commission charges it hid from investors the impact of a...
Nestle, P&G say they will miss 2020 deforestation goals
The world's two largest consumer goods companies, Nestle and Procter & Gamble , told Reuters this week that they will fall short of their goals to...
After WeWork debacle, IPO market slams brakes on unprofitable companies
Companies making their debut on the U.S. stock market are getting a rough welcome, especially if they are losing money, casting a shadow over the calendar...
Launch of Facebook's Libra could be delayed over regulatory concerns: executive
The launch of Facebook's Libra could be pushed back to tackle the regulatory concerns that have been raised around the world, the head of the organization...
Austria's AMS ups takeover offer for German lighting group Osram
Austrian sensor maker AMS has increased its takeover offer for German lighting group Osram to 41.00 euros per share from 38.50 euros, heating up a bidding...
Turkey will make up for tourists lost in Thomas Cook collapse: minister
Turkey will be able to make up for the number of tourists lost after Thomas Cook collapsed earlier this week, Tourism Minister Mehmet Ersoy said on...
UK to repatriate 16,000 people on fifth day after Thomas Cook collapse
UK's Civil Aviation Authority said on Friday 72 flights are scheduled to operate to bring back a further 16,000 people to the country following the collapse...
Apple plans to show films in theaters before streaming: WSJ
Apple Inc is planning to show feature-length films in theaters before releasing them on its streaming TV service, the Wall Street Journal reported on Friday, citing...