Hedge Fund Turning Up Pressure on Voya Financial to Sell Itself

Toms Capital Investment Management is bringing its push for the asset manager to explore a sale directly to shareholders.

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Commerzbank CEO Calls For Dialogue With UniCredit

Bettina Orlopp appealed for constructive dialogue with UniCredit after the Italian bank achieved a near majority stake in its German rival.

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Financial Services Roundup: Market Talk

Find insight on Bodycote, DBS Group, Public Bank and more in the latest Market Talks covering financial services.

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Trump Has Called Warsh Repeatedly Since He Became Fed Chair

The president has sought Kevin Warsh's counsel on issues such as how the war in Iran is affecting the economy.

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Prosecutors Probed Whistleblower Claims That JPMorgan Mishandled Fraud Cases

A former executive alleged JPMorgan improperly denied reimbursements of more than $100 million to customers who were victims of financial scams.

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Block Raises Outlook on Financial Solutions Growth

Block raised its full-year guidance and reported higher second-quarter revenue as growth in its commerce and financial solutions businesses helped to offset declines in Bitcoin.

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Carlyle Touts Fundraising Strength, Launches New Round of Flagship Vehicles

The Washington firm beat profit expectations and said it was revving up to raise a new round of funds.

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Citadel's Purchase of Situational's Stocks at Discount Is Already Paying Off

Ken Griffin's firm gained about 14% in its stock-focused hedge fund in July.

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Treasury Decides Not to Increase Long-Term Bond Issuance Anytime Soon

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U.K. Regulator Eases Listing Rules in Bid to Revive London Market

The U.K.'s top financial regulator is changing its rules around information sharing tied to initial public offerings, as London seeks to become a more attractive listing destination.

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The Investing Heavyweights That Backed Situational Awareness Before It Blew Up

The hedge fund behind aggressive AI bets tapped into a roster of big-name investors. Some warned the founder that he was taking big risks.

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Wells Fargo to Roll Out Tokenized Deposits for Corporate Clients

The bank is the latest to embrace blockchain to make payments and transfers faster and more efficient.

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Fintech Billionaire Sued Over $400 Million Superyacht Deal

Revolut co-founder Nik Storonsky allegedly went behind his yacht broker's back to avoid paying around $20 million in commission.