Garden City Equity Raises $255 Million From Business Figures, Musicians and Athletes
Backers of the company include former Intel CEO Pat Gelsinger, former Florida Gov. Jeb Bush and ex-NFL quarterback Drew Brees.
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Adyen Shares Hit Two-Year Low After Revenue Miss, Flat Adjusted Earnings Forecast
Revenue failed to meet consensus expectations and the company forecast flat Ebitda margins growth for the new year.
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Garcia's Take: Large Firms Are in No Rush to Buy More Asset Managers
After a series of deals in recent years, listed alternative-asset managers feel no pressure for further expansion, leaders say.
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The Demand for Bonds Is Insatiable. Even Risky Borrowers Are Reaping the Benefits.
Hard-to-shake optimism and a scarcity of long-dated debt have helped drive spreads to historic lows.
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Asset Manager Nuveen to Buy U.K. Peer Schroders in $13.5 Billion Deal
The deal marks the latest tie-up in the asset-management industry as firms are racing to build the scale needed to weather relentless fee pressure.
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SoftBank Group Posts Quarterly Profit on Tech Funds Gains
The Japanese technology investment company on Thursday posted a net profit of 248.59 billion yen, equivalent to $1.62 billion, for the three months ended December.
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ANZ Bank Shares Enjoy Best Day Since 2020 as Cost Cuts Show
SYDNEY-ANZ Group shares are on course for their best day since 2020 after the country's fourth-largest lender cut its first-quarter costs by more than analysts had expected.
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Fed's Schmid Pushes Back on Rate-Cut Prospects
Kansas City Fed President Jeffrey Schmid reaffirmed his resistance to further interest-rate cuts, arguing that further Fed easing would risk allowing inflation to remain too high.
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Elliott Takes Stake in London Stock Exchange Owner
The activist investor has taken a stake in LSEG, where it is likely to push for increased stock buybacks and action to lift profit margins.
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St. James's Place Leads European Wealth Managers' Tumble on AI Threat
Wealth management is the latest sector to be threatened by competition from AI-powered startups.
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How Fake Invoices Duped BlackRock Unit Into a $400 Million Loan
The wipeout of a loan by BlackRock's HPS to a telecom entrepreneur points to risks for even the most sophisticated investors in the booming private-credit business.
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ABN Amro Profit Misses Views Amid Market Volatility
Net profit was up 3% but below analysts' expectations against a backdrop of persistent economic and geopolitical uncertainty.
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Vision Ridge Raises $2.4 Billion for Sustainable Asset Deals
Firm sees benefits in declining costs of clean-energy technologies and the rush overseas to EVs, even as the Trump administration tries to reverse U.S. climate policy.
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Financial Services Roundup: Market Talk
Find insight on Robinhood, the U.S. housing market and more in the latest Market Talks covering Financial Services.
(END) Dow Jones Newswires
February 12, 2026 07:01 ET (12:01 GMT)
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