UBS to Pay $511 Million to Settle Credit Suisse U.S. Tax Case
The Swiss bank, which acquired Credit Suisse in 2023, settled the probe into violations of an agreement with the DOJ over American clients who evaded taxes.
New Real-Estate Fund Hauls in Billions to Buy Distressed Properties
Brookfield Asset Management raised $5.9 billion in the first quarter to lift the fund's total to $16 billion.
New Tech Fund Backed by Jeff Bezos Courts Individual Investors
Coatue's fund is being anchored by $1 billion from family offices of Amazon founder and Michael Dell.
Newly Formed Renown Capital Partners Aims for $500 Million Debut Fund
The spinoff from hedge-fund specialist Moore Capital Management sets up shop with backing from its progenitor.
Financial Services Roundup: Market Talk
Find insight on Intesa Sanpaolo, AMMB Holdings and more in the latest Market Talks covering financial services.
Warren Buffett to Remain Berkshire Hathaway Chairman
The company said the board approved the Jan. 1 appointment of Greg Abel as chief executive.
Wells Fargo Hires $800 Million Advisor Team From UBS
The four-advisor team generated $6.7 million in annual revenue, according to Wells.
Ares CEO Says Tariffs Are Unlikely to Trigger Private Loan Impairment
Indicators of corporate distress apparent during earlier periods of market volatility aren't there now, said Michael Arougheti.
You're More Like Warren Buffett Than You Think
Individual investors actually have an edge over the pros, even if some don't use it.
Hedge Fund Goes on Losing Streak After Locking In Investors
Investors unhappy with Armistice's 19% loss in March can't leave anytime soon.
(END) Dow Jones Newswires
May 06, 2025 16:00 ET (20:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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