Dow Jones Top Financial Services Headlines at 11 AM ET: Truist Financial Names Fiserv's Michael Lyons President, CEO | Debt ...

Dow Jones
Jun 15

Truist Financial Names Fiserv's Michael Lyons President, CEO

Truist Financial has hired Michael Lyons as its next president and chief executive, plucking the executive from Fiserv.

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Debt Restructurings Often Accelerate New Defaults, Moody's Says

Measures to forestall creditors-such as distressed-debt exchanges and liability-management exercises-may not ease default risk.

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Anterra Capital Gets $100 Million Bag for Food and Ag

The venture-capital firm has held a first closing on a food-and-agriculture fund expected to reach $200 million by year-end.

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New Fund Backed by LVMH and Top Pro Athletes Invests in Activewear Brand

Cowboys quarterback Dak Prescott and Indiana Pacer Tyrese Haliburton are among the partners of the new fund investing nearly $50 million into Rhoback.

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Apollo, Neuberger Berman Lead $780 Million Secondary Deal for Abry's Centauri

Deal values healthcare-technology provider at over $1 billion and provides investors with liquidity while fueling the company's data-intelligence push.

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UniCredit Rejects Commerzbank's Claims of Unusual Tender Behavior

The Italian lender denied suggestions that the actual number of tendered shares was lower than stated due to borrowing mechanisms.

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Financial Services Roundup: Market Talk

Find insight on Federal Reserve rate policy, Japanese currency intervention and Singapore Exchange in the latest Market Talks covering Financial Services.

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Tech's Next IPO Wave Promises a Charitable Windfall

The SpaceX IPO is the first in a string of AI public-market debuts that could deliver new riches to startup employees to donate to charity.

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Emboldened by SpaceX, Investors Are Piling Into All Things Space

Two-ton satellites, laser communications, in-space mobility ships and more are drawing attention and new funding.

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The Faulty Logic Behind the SpaceX Index Trade

There used to be a reliable additional bump from admission to indexes, but it has become less certain recently.

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A Guide to the Biggest Winners From the SpaceX IPO

A look at some of the venture capitalists, college endowments and employees that hold shares in SpaceX

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Charlie Javice Has Been Seeking a Pardon From Trump After Defrauding JPMorgan

The entrepreneur sold her startup Frank to the bank for $175 million and was sentenced in September to over seven years in prison for fraud.

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JPMorgan Chase Has a Key Role for SpaceX's IPO: Party Host

Branded tomahawk steaks and "The Future is Public" cocktails will be served to guests.

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Bond Investor Ken Leech Pleads Guilty to Obstructing SEC Probe

Prosecutors accused the former chief investment officer of Western Asset Management of leading a cherry-picking fraud scheme.

 

(END) Dow Jones Newswires

June 15, 2026 11:00 ET (15:00 GMT)

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