Stuck Private-Equity Deals Saddle Investors With Endless Fees
An exit drought has left some $668 billion sitting in funds a decade or more old, racking up costs.
----
A Pioneer in Private Credit Warns the Industry Is Ruining Its Golden Era
Sixth Street's Alan Waxman thinks his publicly traded rivals are turning private credit into a commoditized, lower-returning business.
----
Goldman Sachs Scraps Plans to Build Hotel Brand in Greece
The firm had big ambitions for three resorts with views of the Aegean Sea. It recently sold the properties, barely breaking even.
----
Menlo Ventures in Market for Next Set of Funds With AI Focus
The investor in Anthropic and other AI companies is raising about $1.5 billion for new venture funds.
----
Regulators, Suspecting Fraud, Close Tiny Texas Lender in Year's Second U.S. Bank Failure
Late Friday, a federal U.S. bank regulator said it shuttered the Santa Anna National Bank.
----
Fed Says Banks Can Weather Severe Downturn as Stress Tests Become Latest Political Football
The outcome suggests banks will announce plans to distribute more capital to shareholders in the coming days.
----
It's a New Era for Capital One. Amex and Chase Are in Its Sights.
Credit-card giant Capital One Financial now owns its own network, just as American Express does. What will it do with it?
----
SoftBank's Founder Lays Out Vision to Be No. 1 in Artificial Superintelligence
SoftBank's investment plans have come under scrutiny as Japan tries to close a deal with the Trump administration.
----
Mediobanca Aims to Boost Profit, Payouts in Bid to Fend Off Monte Paschi
The bank is touting its standalone growth prospects in the face of an unsolicited takeover bid from Monte dei Paschi.
----
Mexico Takes Over Two Small Local Banks and a Brokerage Firm Sanctioned by Washington
The U.S. Treasury accused CIBanco, Intercam Banco and Vector Casa de Bolsa of money laundering and facilitating payments related to fentanyl.
----
Financial Services Roundup: Market Talk
Find insight on Assicurazioni Generali, Greek banking stocks, Irish banks, and more in the latest Market Talks covering Financial Services.
----
A Remote Himalayan Kingdom Bet Big on Bitcoin Mining. So Far, It Has Paid Off.
Many countries are studying ways to use crypto, but being a crypto pioneer doesn't come without risk.
----
The Bait to Crypto? Credit Cards Entice Users With Bitcoin Rewards
Coinbase, Gemini and others are offering cards that let users earn bitcoin with everyday purchases.
(END) Dow Jones Newswires
June 30, 2025 00:00 ET (04:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.