Wall Street Can Help Improve Oceans, Belize Minister Says
Backers of Belize’s pioneering debt-for-nature deal say the country’s experience is proof that finance can be used for protecting the environment.
Bloomberg Business
Great Hill Buys Software Maker Fusion From Vista Equity in $500 Million Deal
Private equity firm Great Hill Partners agreed to acquire a majority stake in software provider Fusion Risk Management Inc. from buyout firm Vista Equity Partners
Microsoft’s Activision Deal Chances Evaporate After UK Blow
The UK antitrust watchdog’s decision to block the biggest-ever gaming deal has all but closed off any path forward for Microsoft Corp.’s purchase of Activision Blizzard Inc.
Deutsche Bank’s DWS Cuts US Fixed-Income Unit Amid CEO Revamp
Deutsche Bank’s investment arm has made substantial cuts to senior staff at its US fixed-income unit, as Chief Executive Officer Stefan Hoops’ shifts focus to growth in other divisions.
First Republic Plunges on Report of Buyers for New Shares
First Republic Bank shares slumped to an all-time low on a report that advisers have lined up potential buyers of new stock as part of a rescue plan for the beleaguered lender.
Larger Pension Funds Key to UK’s Growth, Market Veterans Say
The UK could lure more companies to its stock markets by pooling pension funds to invest in British firms and by pushing ahead with listing rules reforms, a group of market veterans told parliament.
Russia Industry Grows for First Time in a Year on War Production
Russian industry unexpectedly rebounded for the first time in a year, as sectors associated with military production delivered strong performances amid rising spending on the invasion of Ukraine.
Citizens Financial CEO Rebuffs Idea of Takeover by a Megabank
New England’s biggest bank, Citizens Financial Group Inc., is determined to go it alone as long as the regulatory burden on big regional lenders remains tolerable, the company’s chief said.
Trump Lawyer Tacopina Has a Lot in Common With Client
Joe Tacopina is a brash New Yorker with a fondness for the camera and a penchant for in-your-face remarks — much like his latest client, Donald Trump.
Already-Lagging Junk Hospital Bonds Face Looming Medicaid Test
The already battered health-care industry faces another blow as Medicaid changes threaten to add more pressure on an industry still struggling to recover from the coronavirus pandemic.
