Mediobanca Gets ECB Approval for Banca Generali Bid

The bank said it also received authorization from the Bank of Italy to acquire indirect control of Banca Generali subsidiaries and indirect shareholdings in affiliates.

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The Fed is the best defense against U.S. sovereign downgrade, says rating agency

Some of the U.S debt metrics compare unfavourably with emerging market credits with much lower ratings

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Moelis Restructuring Banker Derrough Moves to Jefferies

Bill Derrough's move follows recent leadership changes at Moelis.

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Fed's Bowman Urges Less 'Cautious Mindset' on Crypto

The comments mark a departure from previous regulators, whom the vice chair for supervision described as overly cautious.

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Private Equity Firms' Stocks Are Struggling, Despite Getting Into 401(k)s

Fears of slow sales and tight pricing are weighing on PE stocks.

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Databricks Raising Funds at $100 Billion Valuation

The data analytics company, fueled by the AI boom, was valued at $62 billion less than a year ago.

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Financial Services Roundup: Market Talk

Find insight on home sales, home prices, Austrian lenders and more in the latest Market Talks covering Financial Services.

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A Startup That Uses AI to Spot Financial Fraud Raises $60 Million

IVIX, which sells its software to regulators around the world, is the latest beneficiary of venture interest in the once-shunned area of government contracts.

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How an Obscure Firm Bet on the Trumps and Became Their Go-To Dealmaker

Dominari was new to the finance game when it took office space in Trump Tower. Now it's a key adviser on the first family's ventures, from crypto to manufacturing.

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Private Equity's Big Fish See Deals Machinery Gearing Up

The largest U.S. firms see brighter days ahead while smaller players struggle to keep up.

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NAB Flags Higher Costs as Credit Impairments Hit Profit

National Australia Bank flagged higher annual operating costs due to continued payroll problems, while a steep rise in credit impairment charges sparked a 13% fall in third-quarter profit.

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Americans Pull Back From an Epic Credit-Card Binge

Credit-card spending is growing more slowly than debit-card spending for the first stretch in years.

(END) Dow Jones Newswires

August 19, 2025 16:00 ET (20:00 GMT)

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