Trian Takes Stakes in Invesco, Janus Henderson With Eye on Deals
Trian, whose founders include Nelson Peltz, plans to agitate for deal making aimed at building a rival to the biggest asset managers in the world.
General Motors' Credit Card, Brought to You by Goldman Sachs
Goldman Sachs won the bidding over Barclays, handing the Wall Street firm more than a million GM cardholders and their roughly $8.5 billion in annual spending.
Abu Dhabi's Mubadala Investment Picks Up Stake in Reliance Retail
Abu Dhabi-based sovereign investor Mubadala Investment has agreed to pump $853.28 million in the retail venture of Indian conglomerate Reliance Industries Ltd., which will translate into a 1.40% stake.
Rich Exit Deals Bolster Florida Pension's Private-Equity Portfolio
Richly valued exit deals in recent weeks are helping the private-equity portfolio of Florida's largest public pension fund head toward the end of the year with as much positive cash flow as it has ever had, according to John Bradley, a senior investment officer with the agency that oversees the assets.
Treasury Warns Against Keeping Ransomware Payments Quiet
Victims of ransomware schemes and financial institutions could violate sanctions or anti-money-laundering rules-and face stiff penalties-if they facilitate or make payments to attackers, the U.S. Treasury Department said in a pair of advisories.
Tokyo Stock Exchange Resumes Trading After Daylong Shutdown
The Tokyo Stock Exchange began normal trading again Friday after an unprecedented all-day shutdown Thursday that executives blamed on a malfunctioning computer part.
U.K. Regulator Wants Pension Funds, Other Organizations to Provide Better Disclosures
The Financial Reporting Council found that some financial reports didn't meet its expectations.
Mortgage Lender Caliber Home Loans Prepares for an IPO
Caliber Home Loans is preparing for an initial public offering that could value the company, one of the largest U.S. mortgage lenders, at more than $2 billion.
BitMEX Co-Founders Charged With U.S. Rules Violations
Four executives of one of the world's largest exchanges for trading cryptocurrency derivatives have been charged with violating U.S. anti-money-laundering rules as authorities ramp up enforcement efforts.
Athene, MassMutual Made Over $3 Billion Takeover Offer to American Equity
A pair of insurance companies made a bid for American Equity Investment Life Holding last month, in a bet that the small Iowa insurer's retirement-income products will continue to be popular with conservative savers.
(END) Dow Jones Newswires
10-02-20 0015ET
