John Lewis Partnership Plc is being advised by Robey Warshaw and Rothschild as the British retailer considers a controversial stake sale to raise cash, according to people familiar with the matter.
Bank of America Corp. named Jill Schwartz co-head of global financial sponsors, replacing Kevin Sherlock.
A fund managed by Blackstone Inc. is in advanced negotiations to acquire a minority stake in growth-equity investment firm FTV Capital, according to a person with knowledge of the matter.
A top Federal Reserve official defended regulators’ actions amid the bank turmoil and said the system is “sound and resilient.”
Pricing of swaps linked to scheduled Federal Reserve meetings now suggest that a quarter-point hike is more likely than not at the central bank’s next meeting in May.
(Bloomberg) — The European Central Bank must consider recent financial-market stress when taking decisions on interest rates, according to Governing Council member Mario Centeno.
European Central Bank Executive Board member Isabel Schnabel pushed for this month’s decision statement to signal possible interest-rate hiking in future, according to people with knowledge of the matter.
Nearly 8% of the record $58 billion that Mexicans mainly living in the US sent home last year appear to be linked to illegal activities, including money laundering, according to a new report by a Mexico-based data think tank.
Protests in Kenya’s capital intensified as opposition leader Raila Odinga defied the government’s move to stop him.
A clean up is underway in the UK’s Poole Harbour where an oil spill could threaten rare birds at a nearby nature sanctuary.
