Warren Buffett's Real-Estate Firm Settles Antitrust Matter for $250 Million

The real-estate industry has now agreed to pay nearly $1 billion to settle anticompetitive allegations. 


 
JPMorgan Sees Rising Default Risk in the Private-Credit Market

Stress in the private-credit market is building despite default rates rising only modestly in the past two years, according to JPMorgan Chase's asset management group. 


 
CVC Soars in of Amsterdam Trading Debut

CVC shares rose 24% on the first day of trading on Amsterdam's stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion. 


 
NatWest's Results Beat Views on Improving Customer Confidence

NatWest's income and profit fell by less than expected in its first quarter, reflecting an improvement in customer confidence and activity and pushing shares to their highest price in more than a year. 


 
Chinese Financial Services Shares Gain on Consolidation Hopes

Shares of several Chinese financial services companies traded higher Friday on expectations that the sector may see consolidation after state-run Guolian Securities announced its intention to buy another smaller firm. 


 
Clean-Tech Fund Bets on Growing Demand for Batteries

Volta Energy Technologies raises $131 million in latest funding round, investing in ways to make energy storage cheaper for consumers. 


 
Financial Services Roundup: Market Talk

Gain insight on Deutsche Bank, TD Bank, Capital One and more in the latest Market Talks covering Financial Services. 


 
BlackRock Memo Reveals Wealth-Management Shuffle Amid ESG Backlash in Texas

The asset manager is seeking to expand ties with rich investors and calm a backlash over energy investment strategy, among other areas. 


 
BlackRock-Temasek Venture Amasses $1.4 Billion for Clean-Energy Wagers

The firms' Decarbonization Partners raised its first fund to support emissions-reducing technologies. 


 
Buyout Shop GTCR's Take-Private Deal Values AssetMark at $2.7 Billion

The private-equity firm is buying out majority owner Huatai Securities, which acquired the wealth management company in 2016.


(END) Dow Jones Newswires

04-26-24 1615ET