Investcorp's Rishi Kapoor Sees Promise in Private Equity's Main Street Push

Rishi Kapoor, the co-chief executive officer at the $33.3 billion global asset management firm Investcorp Holdings BSC, recently spoke to WSJ Pro Private Equity's Preeti Singh about how his firm is betting private equity's Main Street push ultimately will pay off. Responses have been edited for clarity. 


 
Dow's Milestone Heralds Broader Stock Rally

The index's ascent to 30000 signals more companies are beginning to participate in the new bull market, offering hope to investors who have long waited for the rally to widen. 


 
EU Official Raises Vetting Concerns Over BlackRock Contract

An EU watchdog said the bloc's executive branch failed to properly consider potential conflicts of interest when it chose BlackRock to advise the EU on future banking regulations. 


 
Fiduciary Regulation for Retirement Plans Is Now in Limbo

Delays have left the Labor Department's proposed rule vulnerable to being scrapped under the Biden administration. 


 
Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services 


 
Glitches Hit Trading Platforms Run by Bank of America, TD Ameritrade, Vanguard

The popular platforms suffered glitches that rendered them inaccessible or slow to use, frustrating investors on a landmark day for the U.S. stock market. 


 
JPMorgan Chase Unit to Pay $250 Million Penalty Over Poor Internal Controls

A top banking regulator fined a JPMorgan Chase unit $250 million over deficiencies in internal controls and internal audit practices. 


 
Credit Suisse Takes $450 Million Hit on Stake in U.S. Hedge-Fund Firm

Credit Suisse is taking a near half-billion-dollar charge on a stake in a hedge-fund business it bought during Wall Street's frenzy for alternative investments a decade ago. 


 
Federal Reserve Can Restart Emergency Lending If Needed, New York Fed's Williams Says

The Fed is well prepared to navigate the U.S. economy's challenging path to recover from the effects of the coronavirus pandemic and can resume emergency lending if it deems it necessary, Federal Reserve Bank of New York President John Williams said Tuesday. 


 
Vaccine Hopes Send Record Funds to Emerging Markets

The amount of money flowing into emerging-market funds last week hit an all-time high, as advances in vaccine development and a weaker dollar boosted investors' risk appetite.

(END) Dow Jones Newswires

11-25-20 1115ET