Latest News on private equities market

James Bullard says Fed should cut rates because inverted yield curve is 'not a good place to be'

James Bullard says the Fed should continue to ease monetary policy because of the recession signal being flashed by the bond market.

7 years ago
Swedish regulator delays Swedbank money-laundering probe report

Swedish regulator delays Swedbank money-laundering probe report

The Swedish Financial Supervisory Authority (FSA) will publish the conclusions of its probe into alleged money laundering in the Baltics by the beginning of next year, it said on Friday, pushing back the deadline by several months.



7 years ago
Huawei says impact of U.S. trade restrictions less than feared

Huawei says impact of U.S. trade restrictions less than feared

Chinese smartphone maker Huawei Technologies said on Friday its business has been less impacted by U.S. trade restrictions than the company had initially feared and it is "fully prepared" to live and work with U.S. sanctions.



7 years ago
Stocks, dollar climb before Powell's Jackson Hole speech

Stocks, dollar climb before Powell's Jackson Hole speech

World stock markets and the dollar rose on Friday as investors looked to a speech by Federal Reserve chair Jerome Powell for clarification on whether the U.S. central bank remains on course to deliver another interest rate cut in next month.



7 years ago
Tesla in advanced talks with LG Chem on battery supply in China: source

Tesla in advanced talks with LG Chem on battery supply in China: source

U.S. electric vehicle maker Tesla Inc is in advanced talks with South Korea's LG Chem Ltd to source batteries for vehicles to be made in its Shanghai plant, a person familiar with the matter said.



7 years ago
Deutsche Bank to transfer up to 800 to BNP in prime brokerage deal: source

Deutsche Bank to transfer up to 800 to BNP in prime brokerage deal: source

A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800 people, a person with knowledge of the matter said on Friday.



7 years ago
Thyssenkrupp, Kloeckner in talks over co-operation in materials trading: sources

Thyssenkrupp, Kloeckner in talks over co-operation in materials trading: sources

Thyssenkrupp is in talks with Kloeckner & Co over future cooperation in materials trading, but is not exploring a near-term takeover of the metals firm, three people familiar with the matter said.



7 years ago
Shares in Peppa Pig owner rise past Hasbro offer

Shares in Peppa Pig owner rise past Hasbro offer

Peppa Pig-owner Entertainment One's shares rose more than 30% to a record high on Friday, surpassing the price agreed by the company's board with U.S. toy maker Hasbro Inc in a sign that investors see some chance of a counter offer.



7 years ago
Major fashion companies to make G7 pledge to help environment

Major fashion companies to make G7 pledge to help environment

Major fashion companies from around the world said on Friday they had signed a pact which they would present at this week's G7 summit to help protect the environment.



7 years ago
Deutsche Bank to transfer up to 800 people to BNP in prime brokerage deal: source

Deutsche Bank to transfer up to 800 people to BNP in prime brokerage deal: source

A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800 people, a person with knowledge of the matter said on Friday.



7 years ago
UBS taps BoE adviser van Steenis for sustainable finance, IR roles

UBS taps BoE adviser van Steenis for sustainable finance, IR roles

UBS Group has hired Huw van Steenis, a former senior adviser to Bank of England Governor Mark Carney, to head investor relations and a new sustainable finance committee at Switzerland's largest bank, it said on Friday.



7 years ago
Shares in Peppa Pig owner jump 30% after Hasbro's $4 billion offer

Shares in Peppa Pig owner jump 30% after Hasbro's $4 billion offer

Shares of Entertainment One rose nearly 30% on Friday, a day after U.S. toy maker Hasbro Inc offered to buy the owner of popular children's television show "Peppa Pig" for about $4 billion in cash.



7 years ago
Bang & Olufsen would listen if approached by buyer: chairman

Bang & Olufsen would listen if approached by buyer: chairman

Luxury TV and speaker maker Bang & Olufsen would listen if approached by a buyer, chairman Ole Andersen told newspaper Borsen, following three earnings warnings this year.



7 years ago
UK competition watchdog reprimands RBS, Santander over PPI procedures

UK competition watchdog reprimands RBS, Santander over PPI procedures

Britain's competition watchdog has ordered Royal Bank of Scotland and Santander to appoint auditors to check how they remind customers affected by payment protection insurance (PPI) mis-selling.



7 years ago
Tesla to buy batteries from South Korea's LG Chem: Bloomberg

Tesla to buy batteries from South Korea's LG Chem: Bloomberg

Tesla Inc has agreed to buy batteries from South Korea's LG Chem Ltd for electric vehicles manufactured in China, Bloomberg reported on Friday citing people familiar with the matter.



7 years ago