Cigna Calls Off Humana Pursuit, Plans Big Stock Buyback

The health-insurance providers couldn't agree on financial terms for a deal that would have created a $140 billion giant. 


 
Nasdaq Settles Alleged Iran Sanctions Violation for $4 Million

Stock exchange operator Nasdaq has agreed to pay $4 million in a settlement with the U.S. Treasury Department over alleged Iran sanctions violations. 


 
SEC Probes Investment Advisers' Use of AI

The Securities and Exchange Commission is asking investment advisers how they use and oversee artificial intelligence, as agency head Gary Gensler continues to express skepticism about the technology. 


 
Golub Capital President Keeps Lender in Focus

David Golub recently discussed trends driving private-credit growth and how tax changes could revive deal flow. 


 
KKR launches Zurich office in private wealth push

KKR co-CEO recently said that private wealth 'is not just a US opportunity' 


 
Bloomberg, MarketAxess, Tradeweb scrap joint data venture

Trio had planned a bid to be the consolidated tape provider for bonds in Europe and the UK 


 
Marex to IPO in New York in fresh blow to City

The broker and clearer attempted to list in London in 2021 before cancelling its offer 


 
Financial Services Roundup: Market Talk

Find insight on Nordic banks, Laurentian Bank of Canada, AJ Bell and more in the latest Market Talks covering the Financial Services sector. 


 
Bain Capital Banks Massive Return on Cerevel Deal

AbbVie's $8.7 billion purchase is expected to deliver a return of over 10 times invested capital to the buyout firm. 


 
KPMG UK in merger talks with Swiss arm

KPMG UK's chief executive Jon Holt said the two firms were examining a merger


(END) Dow Jones Newswires

12-11-23 0015ET