Deutsche Bank says its private-credit exposure has increased to $30 billion - one of the highest of Wall Street banks
Despite concerns over the struggling industry, the banking giant aims to increase its offering.
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Dan Ives Is Stepping Down as Eightco Chairman
Eightco announced $125 million in new funding commitments on Thursday. Crypto bull Tom Lee is joining the board.
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The AI Trade That's Separating Wall Street's Winners and Losers
A Point72 team scored hundreds of millions of dollars in gains, while a smaller firm is closing after losing money on software stocks.
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JPMorgan Tightens Lending to Private Credit, Reports Say. KKR Stock and Blue Owl Fall.
The bank marks down the value of software loans in private credit portfolios in yet another blow to alt managers, according to multiple reports.
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Justice Department Probes Iran's Use of Binance to Evade Sanctions
The investigation is focused on money flowing through the crypto platform to a network that backs terror groups, including Yemen's Houthi militants.
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Italian Insurer Generali Posts Rise in Profit
The insurer reported a 14.5% rise in adjusted net profit and declared a 15% increase in its dividend payout.
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Financial Services Roundup: Market Talk
Find insight on Generali, Legal & General, CVC Capital Partners and more in the latest Market Talks covering Financial Services.
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Bill Ackman's Unconventional Public Offering Will Need a Convincing Sales Pitch
Investors balked at the billionaire's 2024 attempt to raise money for a new fund. He thinks he has a solution.
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U.S. Plan to Unblock Strait of Hormuz Collides With Realities of Global Insurance
The U.S.-centric insurance idea runs counter to the realities of an international market, according to industry executives.
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Revolut Launches U.K. Bank After License Restrictions Lifted
The financial-technology company will be able to offer protected deposit accounts and roll out a range of new services now that the Bank of England has given it the green light to become a fully operational bank.
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Janus Henderson Rejects Victory Capital Takeover Proposal, Backs Trian Deal
Janus Henderson's board unanimously rejected an unsolicited takeover proposal from Victory Capital, reaffirming its support for a take-private transaction by Nelson Peltz's Trian Fund Management.
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CVC Capital Partners Shares Slip as Performance-Related Earnings Guidance Disappoints
The guidance overshadowed better-than-expected results for 2025, with the firm posting a 67% increase in realizations.
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Cliffwater Fund Joins Private-Credit Vehicles Limiting Redemptions
The firm plans to cover about half of the repurchase requests it received for the current quarter, representing about 7% of shares outstanding.
(END) Dow Jones Newswires
March 12, 2026 11:00 ET (15:00 GMT)
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