Sequoia Heritage Backs Private-Equity Firm With Taste for Complexity

The Sequoia Capital arm pledged $200 million to the debut secondaries fund of RenWave Kore, sources say. 


 
The Hedge Funds That Changed the Game

Billions of dollars have poured into multimanager firms in the past few years, but few have managed to match the success of Citadel, Millennium and Point72. 


 
Standard Chartered Unveils $1 Billion Buyback, Guides for Growth

Standard Chartered unveiled a $1 billion buyback and forecast higher income this year, after posting a quarterly earnings beat on the back of topline growth, lower impairments and sale of its aviation finance business. 


 
Allianz Boosts Shareholder Returns After Profit Nearly Doubles

Allianz launched a EUR1 billion share buyback program after its fourth-quarter profit nearly doubled, driven by a strong performance in its life-health segment. 


 
Glynn's Take: RBNZ Set to Send Cautionary Warning to Global Peers

The Reserve Bank of New Zealand could upset the consensus that interest-rate cycles have peaked globally and cuts aren't far away. 


 
JPMorgan CEO Jamie Dimon Sells $125 Million of Stock

Jamie Dimon sold $125 million of JPMorgan stock through a plan, while his wife Judith Kent sold $25 million of stock. 


 
Financial Services Roundup: Market Talk

Insignia, Medibank and more in the latest Market Talks covering Financial Services. 


 
Head of Russia's VTB Bank Charged in U.S. With Sanctions Violations

The charges relate to transactions stemming from Andrey Kostin's opulent lifestyle. 


 
Intuit's stock dips despite big earnings beat, revenue in line with analyst estimates

Intuit Inc.'s stock dipped 2% in after-hours trading Thursday despite the company posting quarterly revenue that met analysts' estimates and earnings that surpassed them. 


 
Block delivers a surprise profit, and its stock is surging

The parent of Square and the Cash App has been focused on getting leaner.


(END) Dow Jones Newswires

02-23-24 0715ET