Europe's Biggest Banking Deal in Years Is Getting Closer
Italian bank UniCredit is edging closer to its goal of taking over German rival Commerzbank, a landmark deal that would create a pan-European financial giant.
----
State Farm's AI Plan for Sales Agents Sparks Uproar. 'A Real Slap in the Face.'
AI tools and changes to contracts for 19,000 sales agents appear to be a response to the insurer's eroding status in the industry.
----
How This Old-School Value Fund With No Tech Stocks Is Beating the Market
Moerus Worldwide has handily beaten the market by focusing on deep-value plays with a turnaround story. Tech is 0% of the portfolio.
----
The Medicare Crisis for Insurers Is Over. The Easy Gains Are Too.
Insurers have rebounded as cost trends cool and the Trump administration eases up.
----
Robinhood to Cut 10% of Workforce in Restructuring
The brokerage's job cuts affect about 290 roles.
----
Tesla booted from the 'Magnificent Seven' by a top fund manager. Here is the tech giant he's crowned.
T. Rowe Price fund manager David Giroux says Big Tech isn't in a bubble, but there's value in healthcare and utilities.
----
Retirement Savings Are Up, But So Are Hardship Withdrawals
More Americans have been dipping into their retirement savings, about half of them do so multiple times.
----
Germany Rejects UniCredit's Commerzbank Bid, Calling Out 'Aggressive' Approach
The government voiced support for the German bank's independence and cited the lack of an appropriate premium in the UniCredit offer.
----
Warburg Pincus Duo Prepare to Launch New Firm
Two London-based dealmakers at Warburg Pincus are preparing to set up a private-equity firm, according to people familiar with the situation.
----
Vermont Becomes Latest State to Limit Private Equity's Influence on Healthcare
The largest doctors' group in the U.S. also called for federal legislation to prevent corporate interference in healthcare.
----
Cyber Startup Ent Raises $100 Million in Seed Funding
Tapping in to the mania over Mythos and other supercharged vulnerability detectors, Ent aims to shift security tactics back to prevention.
----
Clearlake Raises $14.8 Billion for Eighth Private-Equity Fund
The firm closed one of the largest recent private-equity funds after making several acquisitions to expand its alternatives offerings.
----
Sixth Street Bets $143 Million on Chronograph to Secure Private-Market Data
The portfolio-monitoring firm is expanding into private credit as investors hunt for reliable data in opaque markets.
----
Central Banks Are Rethinking Where They Store Their Gold
Fewer central banks now store bullion in London and New York-a reflection of growing geopolitical concerns and the desire to ensure greater control and access to reserves.
----
Ant International-Backed Philippine Fintech Unicorn to File for IPO as Soon as This Month
A Philippine fintech unicorn backed by Ant International is planning to file an initial public offering prospectus as early as this month, aiming to raise more than $1 billion, people familiar with the matter said.
----
Financial Services Roundup: Market Talk
Find insight on debt issuance for AI and data centers, UniCredit, Banco Santander and more in the latest Market Talks covering financial services.
----
Truist Names New CEO as Regional Bank Pushes to Boost Performance
Michael Lyons, previously Fiserv's CEO, will take the helm at the North Carolina-based lender in September.
----
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.
(END) Dow Jones Newswires
June 17, 2026 07:00 ET (11:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.