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The CEOs of Bank of New York Mellon and Northern Trust have had at least one discussion about a potential merger, according to a Wall Street Journal article. On Monday, a spokesperson for Northern Trust said the bank "is fully committed to remaining independent."
June 23 -
TCW is launching a real estate debt strategy as it seeks to grow its alternatives business and compete with other money managers moving into the $1.6 trillion private credit industry.
December 16 -
Clients have been yanking their cash since the Pasadena, California-based company said on Aug. 21 that Leech was going on leave after he received a notice from the SEC that it may recommend enforcement action.
November 4 -
With Theorem, Pagaya's fund management business is expected to grow to more than $3 billion of capital
July 30 -
A robust selection of securitized products, including ABS, CMBS, CLOs, and agency and non-agency MBS, will be included in the new fund.
November 29 -
The U.K. manager's assets have declined from peak of nearly $20 billion before a spate of 2020 losses.
July 17 -
Nearly a quarter of respondents in North America this year said sustainability is a primary or secondary objective, compared to 37% who said the same last year, according to an HSBC survey of professionals in roles related to ESG decision making.
July 11 -
It has to wrestle with how the Federal Reserve's rate increases are crimping dealmaking, raising the cost of borrowing and ending a period of rapid growth.
April 20 -
Deals, trends and research in structured finance and asset-backed securities for the week of March 19-25
March 25 -
The Athene acquisition completes a process that Rowan – who succeeds Black as CEO no later than July – started in 2009, when he created the annuity business so that it would send vast sums of cash to Apollo for investments
March 8