Falcon Nears Target for Sixth Credit Fund

Falcon Investment Advisors is approaching the fundraising target for its sixth credit fund, according to a recent filing with the Securities and Exchange Commission. 


 
CVC Capital Backs Rugby League to Expand Pro Sports Portfolio

London-based CVC invested GBP116 million ($141 million) in the PRO14 league, according to a person familiar with the matter. That would give the rugby union a value of roughly GBP415 million. 


 
Life Insurers Face Future Rate Pain

The coronavirus may pose a bigger challenge to life insurers through markets rather than mortality. 


 
Jason Chandler: At UBS, 'Quality, Not Quantity' - Barrons.com

The U.S. wealth management chief tells Barron's Advisor about the firm's push for more ultra-high-net-worth business, its preparations for Regulation Best Interest, and more. 


 
Bank of Japan Shows 'Whatever It Takes' Attitude With $700 Billion Coronavirus Plan

The Bank of Japan bolstered its support for business financing to about $700 billion, paralleling the Federal Reserve in expanding the central banking tool kit during the coronavirus pandemic. 


 
Lovell Minnick Adds 4 Financial Services Experts to Advisory Council

The additions bring the total number of council members to 11. 


 
Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services 


 
Pandemic Poses Most Serious Threat to Fed's Goals 'In Our Lifetimes,' Clarida Says

The coronavirus pandemic poses the most serious threat 'in our lifetimes' to the Fed's goals of maintaining strong employment and stable prices, Fed Vice Chairman Richard Clarida said Thursday. 


 
KKR to Invest $1.5 Billion in Reliance's Jio Platforms

Private-equity firm KKR & Co. has agreed to invest $1.50 billion in Jio Platforms Ltd., joining the list that includes Facebook Inc. and other big U.S. firms that want a slice of the Indian telecommunications and technology giant. 


 
S&P Fired Employee Who Discussed Ratings With Senate Staff

A wrongful-termination complaint claims retaliation for discussing a taboo topic. The firm says the employee violated policy.