Royal Bank of Canada’s capital markets division has hired Adam Huitt as a managing director in its global health-care investment banking group, according to an internal memo reviewed by Bloomberg News.
Microsoft Corp. struck a deal with cloud gaming service Boosteroid, as it fights for its $69 billion takeover of Activision Blizzard Inc. that’s under intense regulatory scrutiny.
Gold held an earlier decline after US consumer price data came in line with expectations, keeping the focus on stresses in the US banking system.
Hundreds of flights across the US Northeast have been cancelled due to a major storm that spared New York City but led to power outages spreading up the Hudson River Valley and across New England.
A market-beating surge in euro-area bank stocks has further to run, according to a top-performing fund manager who says the mayhem triggered by the collapse of Silicon Valley Bank is obscuring the favorable backdrop for lenders.
The US Treasury Department is set to allow House Republicans to inspect reports on foreign banking and other business transactions by relatives of President Joe Biden, including his son Hunter Biden and his associates.
Volkswagen AG is increasing investments in software and EVs to close the gap to Tesla Inc. and halt a decline in China just as the threat of a demand slowdown hangs over the automotive market.
Cathie Wood has received the biggest vote of investor confidence since her flagship strategy was near the peak of its popularity in the cheap-money era.
Blackstone Inc. agreed to buy event software company Cvent Holding Corp. in a deal with an enterprise value of about $4.6 billion.
Man Group Plc’s Chief Executive Officer Luke Ellis’s payout rose to a record last year as the world’s biggest listed hedge fund firm defied industry-wide outflows.
