Financial services Barclays Begins Implementing Job Cuts Across Investment BankThe cuts include trading, advisory, capital markets and the firm’s international corporate bank. May 1, 2024
Financial services Banks Sell Loans to Private Credit in New Balance Sheet TwistIn February, Barclays sold $1.1 billion of credit card assets to Blackstone. May 1, 2024
Lending Carlyle PE Dealmakers Buoy Profits With Stepped-Up SalesCarlyle’s credit arm, another part of the strategy for steadier profits, boosted fee earnings by almost 50 percent. May 1, 2024
Private Equity Apollo Reportedly Accused in Lawsuit of Illegal Human Life Wagering SchemeThe firm allegedly set up a web of sham trusts to hold a portfolio of stranger-originated life insurance policies worth roughly $20 billion. April 30, 2024
Lending Golub Capital Closes $2B Sixth Credit Opportunities FundThe fund is the largest Golub Capital credit opportunities fund to date. April 30, 2024
Financial services Carlyle Reportedly Picks JPMorgan, Morgan Stanley for IPO or Sale of StandardAeroCarlyle completed its purchase of StandardAero from Veritas Capital in 2019. April 30, 2024
Financial services Deutsche Bank Merger Ends Numis Dealmakers’ Boutique FreedomAmong the deal’s biggest consequences are tighter restrictions on how Numis bankers can interact with their firm’s stock analysts. April 29, 2024
Private Equity Perpetual in Exclusive Talks with KKR on Possible DealPerpetual rejected a roughly $2.3 billion takeover offer from Australian investment house Washington H Soul Pattinson & Co. in December. April 29, 2024