Finance
15 articles
How ProtectMyIT Helps Finance Leaders Prepare for Cyber Liability Renewals and Audits
For finance leaders, preparing for a cyber liability insurance renewal has become an increasingly rigorous process. Insurers now demand detailed evidence of security controls, leaving many businesses scrambling to assemb…
Elliott Management Alumni Propel Activist Investing
Since 2020, at least seven hedge funds have been founded by alums of Elliott Management, igniting a new wave of activist investing.
Big oil trading arms see extraordinary profits amid core business decline
In the first quarter alone, the trading units of TotalEnergies, Shell, and BP collectively earned an estimated $3.
Global Markets Fall Amid AI Demand Concerns
SpaceX's shares, a bellwether for ambitious tech, briefly dipped below their initial $150 flotation price on Tuesday.
Venezuela Discloses $240 Billion Debt for World's Largest Restructuring
Venezuela has disclosed a staggering $240 billion debt pile, formally initiating the world's largest sovereign debt restructuring, according to the Financial Times and Crypto Briefing .
Private equity sees vibe check trends shift focus to operations
Private equity deal volume plummeted 30% year-over-year in Q1, even as the S&P 500 posted its best quarterly gain in two years, according to S&P Global and PitchBook .
Eastern Mediterranean Bookings Surge Amidst Global Travel Decline
Even as the Iran crisis escalates, holiday bookings to parts of the Eastern Mediterranean are surging.
US regulators propose easing capital rules for banks
In July 2023, federal regulators proposed changes to bank capital rules.
Blackstone Leads Investor Group in Medallia Recapitalization
Private equity giant Thoma Bravo is ceding its software company Medallia to a consortium of lenders, including Blackstone and Apollo, after accumulating $2.
Germany secures Deutsche Börse EU supervision exemption
Germany has secured an exemption for its financial giant Deutsche Börse, allowing it to avoid mandatory supervision by the European Securities and Markets Authority (ESMA) despite the EU's push for un
Donald Trump pursues $100B Venezuelan oil deal amid global race
Donald Trump's private company, Trump Organization, has reportedly engaged in preliminary talks for a $100 billion investment to revive Venezuela's oil industry, a move that could inject substantial c
Bundesbank Details Financial Impact of ECB Rate Hikes
The Bundesbank tapped €1 billion in risk provisions in 2022 to report zero distributable profit, exposing the hidden costs of the ECB's aggressive inflation fight, according to Introductory Statement
Iran closes Hormuz Strait after US strikes
The Jordanian Army stated its air defenses intercepted and shot down 20 missiles fired from Iran toward its Azraq area, signaling a rapid and dangerous escalation following US strikes.
SEC Proposes New Rules to Ease Public Company Reporting Burdens
Nearly 80% of all public companies could soon face significantly lighter reporting requirements, thanks to new SEC proposals to overhaul filer categories and disclosure rules.
CDP plans to boost Nexi stake to 29.9%
Shares in Italian payments giant Nexi surged after state-backed lender CDP announced plans to significantly increase its stake.