Monte Dei Paschi Raises Mediobanca Offer by €750 Million
Monte dei Paschi said it would pay an extra €0.90 a share for each Mediobanca share tendered, on top of its original offer.
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Private Equity Ramps Up PR, Branding Efforts for 401(k) Push
Buyout firms are trying to shed their image of risk-happy corporate raiders to win over ordinary retirement savers.
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Trump Family Amasses $5 Billion Fortune After Crypto Launch
The WLFI token traded far above its previous value, confirming-at least on paper-a huge windfall for the president and his sons.
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Yale's Trendsetting Private-Equity Strategy Is Getting Harder to Pull Off
Universities and other institutions have built up large private-equity holdings, but they are now lagging behind the S&P 500 and aren't easy to shed.
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Fed Upheaval Sows New Uncertainty About Path of Rates
A September cut is likely, but the breadth of support and the path afterward are up in the air.
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Junk Bonds Are on a Tear This Summer
Investors are piling back into funds that buy junk-rated corporate bonds and loans, despite elevated default rates.
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How Hedge Funds Won Big on an Obscure Drugmaker
Results of a Paris company's late-stage drug trial helped turn things around for healthcare-focused funds, which struggled in the first half of the year.
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VCs Had No Time Off This Summer. Blame AI.
No summer lull, no breather on weekends and deals that can get snatched up in an evening: The metabolism of venture has been dialed even higher by fierce competition for AI startups.
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Houston Regains Traffic in Large Bankruptcy Filings Following Dip in Ethics Scandal
The Texas court handled 29% of large chapter 11 cases in the 12 months ended June, rebounding from a decline after former chief judge's resignation.
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TD Bank, CIBC Results Echo Peers Buoyed by Lower Credit-Loss Provisions
Toronto-Dominion Bank swung to a profit in the latest quarter after absorbing hefty charges last year for the investigation into its U.S. anti-money-laundering program's failings and as its provision for credit losses fell.
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Chinese Money Launderers Are Moving Billions Through U.S. Banks
The black market for U.S. cash may have driven as much as $312 billion in illicit money flows through financial institutions.
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Berkshire Hathaway Raises Stake in Mitsubishi
Warren Buffett's Berkshire Hathaway has increased its stake in trading house Mitsubishi Corp., taking it to more than 10%.
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Net-Zero Banking Alliance Suspends Activities Amid Wave of Departures
Banks including JPMorgan, Citi and UBS left the NZBA in the past year as they faced pressure from the Trump administration to ditch green pledges.
(END) Dow Jones Newswires
September 02, 2025 07:00 ET (11:00 GMT)
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