Latest News on private equities market

U.S. Fed approves merger between BB&T, SunTrust Banks

The U.S. Federal Reserve said on Tuesday it approved a merger between BB&T Corp and SunTrust Banks Inc , sealing the biggest tie-up of banks since the 2007-2009 global financial crisis.



5 years ago

U.S. House Speaker Pelosi says enforcement is key to USMCA trade deal

U.S. House of Representatives Speaker Nancy Pelosi said on Tuesday an agreement with the Trump administration on the U.S.-Mexico-Canada trade deal can be reached if it is enforceable.



5 years ago

NTSB cites Uber, distracted backup driver in fatal self-driving crash

The U.S. National Transportation Safety Board (NTSB) on Tuesday took Uber to task for what it said were weaknesses in its approach to safety as it laid out its findings in the investigation of the first-ever death involving a self-driving vehicle, which also cited the vehicle's back-up safety driver.



5 years ago

Alibaba will raise up to $12.9 billion in Hong Kong listing: sources

Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing, two sources with direct knowledge of the matter said.



5 years ago

Australia's Westpac accused of 23 million money laundering breaches

Australia's Westpac Banking Corp was accused on Wednesday of 23 million breaches of anti-money laundering rules, with a regulator saying the financial giant enabled payments from "high risk" countries and convicted child sex offenders.



5 years ago

U.S. housing outlook improves but not breaking new ground: Reuters poll

The rise in U.S. home prices will continue to outpace consumer inflation until at least 2022, albeit at a slower pace than forecast three months ago, despite a majority of analysts polled by Reuters predicting an improvement in activity in the coming year.



5 years ago

Asia shares numbed by trade noise, oil takes a spill

Asian shares lumbered lower on Wednesday as the Sino-U.S. trade talks produced nothing but a stream of conflicting messages, while concerns about a glut of supply saw oil prices suffer their biggest spill in seven weeks.



5 years ago

After meeting AFL-CIO, Pelosi says USMCA must be enforceable for workers to win passage

U.S. House of Representatives Speaker Nancy Pelosi on Tuesday conditioned her support for a new U.S.-Mexico-Canada trade deal on better enforcement of its labor provisions, defying pressure by the Trump administration to get the deal done quickly.



5 years ago

Morgan Stanley pushes advisers to boost revenue in 2020 pay plan: sources

Morgan Stanley told financial advisers on Tuesday that they could be paid less if they do not generate more revenue or get customers to sign up for comprehensive financial plans next year, people familiar with the bank's 2020 compensation plan said.



5 years ago

Vodafone extends tech partnership with Ryanair

Vodafone has secured a seven-year technology partnership with Ryanair to handle services including online booking, passenger boarding and in-flight transactions for the Irish airline in Europe.



5 years ago

Uber, distracted backup driver cited by NTSB in fatal self-driving crash

A U.S. safety agency on Tuesday faulted Uber for inadequate attention to safety and decisions in the company's autonomous vehicle development in an investigation into the first-ever death involving a self-driving vehicle, which also cited the vehicle's distracted back-up driver.



5 years ago

Microsoft Teams surpasses 20 million daily active users; rival Slack shares slip

Microsoft Corp said on Tuesday its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million in July.



5 years ago

NZ cenbank 'looks closely' at Australian regulator allegations against Westpac

New Zealand's central bank said on Wednesday that it would look closely at findings by Australia's financial crime watchdog calling Westpac Banking Corp's anti-money laundering oversight "deficient".



5 years ago

Asia shares trapped in a trade maze, oil nurses losses

Asian shares stumbled on Wednesday as the Sino-U.S. trade talks produced nothing but a stream of conflicting messages, while concerns about a glut of supply left oil prices nursing their biggest one-day loss in seven weeks.



5 years ago

Alibaba to price shares at HK$176 in $12.9 billion Hong Kong listing: sources

Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing and is set to price its shares at HK$176 each, a 2.8% discount to their New York share price, sources with direct knowledge of the matter said.



5 years ago