JPMorgan Chase & Co. was the top adviser for Canadian mergers and acquisitions last year, leading the charts for the first time since 2017 and boosting the value of deals it handled even as the broader market cooled from the prior year’s record activity.
D.E. Shaw & Co.’s two biggest hedge funds posted returns of at least 20% last year, as volatile markets provided ample trading opportunities.
Solar farm company Toucan Energy owed £692 million to an effectively bankrupt English local council when the business collapsed, administrators revealed.
Market participants are modestly bullish on stocks and bonds this year, the latest survey shows.
German inflation slowed more than anticipated in December after the government paid some households’ gas bills for the month, offering a temporary respite in the country’s cost-of-living crisis.
Wells Fargo & Co. nabbed a spot among the top 10 advisers on mergers and acquisitions last year, a first for the firm as it ramps up its investment bank under Chief Executive Officer Charlie Scharf.
European Central Bank Governing Council member Martins Kazaks expects interest rates to be raised “significantly” in February and March.
China’s Finance Minister Liu Kun reiterated plans to appropriately expand fiscal spending to aid economic recovery, while pledging to prevent systemic risks.
The US stock market’s biggest underperformers in 2022 made a brisk start to the new year, with some shares that suffered losses of more than 80% leading gains.
Five straight days of strikes will cripple much of the UK’s train network this week as unions ramp up industrial action in a dispute over pay and working conditions.
