Talks Collapse Over Sale of Italian Bank Monte dei Paschi
Italy's government and bank UniCredit had been negotiating over the sale of the nationalized lender. The end of the talks leaves little time to find a solution.
Andreessen Horowitz to Raise Roughly $6.5 Billion for New Venture Funds
The venture-capital firm plans to use the capital to fuel its aggressive deal-making pace, according to people familiar with the situation.
ESG Gains Could Buy Better Terms in Insurance Program
Companies deemed to have superior environmental, social and governance practices will be eligible for improved terms on directors-and-officers liability insurance under an initiative by a leading broker.
Goldman Sachs Awards Executives One-Time Bonus
The bank is giving CEO David Solomon and president John Waldron one-time stock bonuses designed to keep the executives at the helm of Wall Street's biggest bank.
SEC's Hester Peirce Criticizes Conditions Placed on Credit Suisse as Part of Waiver
The waiver allows Credit Suisse's investment adviser affiliates to keep doing business following an SEC settlement, but the Republican says some requirements could be harmful.
American Express Posts Earnings and Revenue Beats. The Stock Is Rising.
The credit card giant earns $1.83 billion in the third quarter vs. $1.07 billion a year earlier.
Grey Rock Partners Weighs $600 Million Pitch for Clean-Energy Fund
The firm, which was co-founded by the son of former Texas Gov. Rick Perry, plans to concentrate its investments in the South.
DWAC, the Trump Social-Media SPAC, Soars in GameStop-Like Frenzy
Shares of a blank-check company tied to Donald Trump's online network surged again, implying a valuation of several billion dollars for the new firm following a buying frenzy fueled by individual investors on social media.
Global Finance Watchdog Censures Turkey Over Money Laundering, Terrorist Financing
The Financial Action Task Force added Turkey to its list of countries requiring special regulatory oversight for failing to stop money laundering and terrorist financing, a designation analysts say will rattle Ankara's already shaky economy.
Vista Prepares Pitch for Next Big Software Fund
Vista Equity Partners plans to join the growing list of private-equity firms pitching large funds focused on technology deals.
(END) Dow Jones Newswires