Liquidators File $2.7 Billion Lawsuit Against Standard Chartered Bank Over 1MDB Role
1MDB said the lawsuit seeks to hold the U.K. bank accountable for its role in allegedly enabling fraud to be committed against the state-controlled economic development company.
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Norway Pension Fund Drops Defense Groups Over Weapons Used in Gaza
The KLP private pension fund excluded the U.S.'s Oshkosh and Germany's Thyssenkrupp from its portfolio, citing their sales of weapons to the Israeli military.
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Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust Watchdog
The country's Competition and Markets Authority chose not to pursue a deeper investigation into the merger.
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Financial Services Roundup: Market Talk
Find insight on Societe Generale, Standard Chartered, Macquarie and more in the latest Market Talks covering Financial Services.
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Where Things Stand on the GOP Megabill's Most Contentious Proposals
Republicans looking to get their sprawling tax and spending bill to President Trump's desk by July 4 need to quickly resolve a series of long-running fights over some of their most contentious proposals.
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Goldman's stock surges to another record, as the 'big winner' of Fed's stress tests
Bank stocks have outperformed the broad market with Goldman Sachs up 23% and JPMorgan Chase up 22% in the first half of 2025.
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A Hot New Firm Opened the Private Market to the Little Guy. Now It Is in Big Trouble.
Linqto, which offered stakes in highflying companies such as Ripple, is facing federal investigations and a possible bankruptcy filing.
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Robinhood Goes All In on Crypto With Major Product Push
The brokerage will allow European customers to trade more than 200 U.S. stocks and ETFs as digital tokens and is developing its own blockchain.
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CC Capital Still Working on Bid for Australia's Insignia
Australian wealth manager Insignia Financial said CC Capital Partners is still working up a binding offer, almost four months after it first opened its books to the private-equity firm.
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UBS Launches Buyback of Up to $2 Billion
The buyback program delivers on UBS's plans to hand money back to shareholders after the Swiss government proposed tougher capital rules for the bank earlier this month.
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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.
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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.
(END) Dow Jones Newswires
July 01, 2025 11:00 ET (15:00 GMT)
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