Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund
The fund capped client redemptions at 5%, an about-face from Blackstone's decision to pay out all requests earlier this year.
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HSBC, StanChart Shares Slide as New Rules Could Restrict Chinese Funds in Hong Kong Accounts
Shares in London-listed financial groups with a large presence in Asia fell on fears that new rules would curtail mainland Chinese investors' use of Hong Kong bank accounts.
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Commerzbank Asks Regulator to Review UniCredit Offer Support Levels
The move escalates a tussle between Commerzbank and its largest shareholder, with less than two weeks left for UniCredit's offer to buy the stake in the German bank it doesn't already own.
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Financial Services Roundup: Market Talk
Find insight on Partners Group, Visa Direct, CMC Markets and more in the latest Market Talks covering Financial Services.
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Partners Group Warns Evergreen Funds Will Slow Assets Under Management Growth
The company expects overall assets under management growth to be dragged by demand from investors to get money back from a flagship private markets platform.
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S4 Capital's Sorrell Says Company Needs to Do More to Drive Top-Line Growth
The executive chairman said the digital-advertising company isn't making sufficient progress to drive top-line growth and profitability, and that he expects clients to remain cautious in the near term.
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Market-Research Firm AlphaSense Clinches $7.5 Billion Valuation in New Funding Round
Firm raises $350 million from investors including Accenture and JPMorgan's asset-management unit.
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Citi Names New Head of Strategy as Jane Fraser Steers Bank Into 'Next Phase'
Margo Pilic will be Citi's new head of strategy, M&A, and investor relations.
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Bill Ackman's Pershing Square Set to Make $600 Million on Universal Stake
The hedge-fund firm first invested in the company in 2021 and has failed to clinch two proposed deals.
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Tech's Biggest Bull Was in Despair. An AI Spree Has Him Back on Top.
SoftBank's Masayoshi Son said his Tokyo-based tech conglomerate would unleash at least $52 billion of investment in French data centers.
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Configure Partners Launches Secondary-Advisory Group
The private-credit adviser aims to fill a gap assisting midmarket private-equity managers on secondary deals.
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Silicon Valley Stalwart Benchmark Breaks From Past, Embraces Mature Startups
After a late-stage bet on Cerebras delivered big returns, Benchmark decided to raise its first-ever growth fund.
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Modern Wealth Management Scoops Up $1.1 Billion Florida Investment Advisory Team
The addition of Flaharty Asset Management is Modern Wealth's second acquisition of a firm in Florida in two months.
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Berkshire Hathaway and Japanese Builders See the Same Opportunity in U.S. Housing
Stocks look cheap, and there is a need for innovation in residential construction.
(END) Dow Jones Newswires
June 04, 2026 11:00 ET (15:00 GMT)
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